Families till using old-style prepayment meters may be able to beat next month's electricity price rise if they act now.
Next Saturday, October 1, prepay energy prices are rising by 27% on average. But if you've got an older, non-smart electricity meter, you may be able to legally stockpile electricity credit before prices rise, which could mean decent savings if you can afford to do so.
The loophole - which only works on old-style electricity prepayment meters, not old-style gas pre-payment meters or either type of smart meter - lets you top up your meter now and pay the current rate for your electricity until you have to top it up again. Many pre-payment meter holders did this before April's price cap increase, but according to money Saving Expert Martin Lewis, it has been "tough to nail down" which suppliers will be allowing the same to happen this time round.
