Brits are being warned to take an up-to-date meter reading when Ofgem's energy cap changes to avoid paying out more than necessary.
For people battling the cost of living crisis, it's a step in the right direction as energy prices drop, with the UK's energy regulator announcing the typical household gas and electricity bill will be capped at £2,074 per year as of July 1.
This is when the Government's Energy Price Guarantee, which limits domestic energy bills to £2,500, comes to an end and it means families will have an extra £426 per year to play with. It is the first drop in tariffs since the crisis in energy prices began more than 18 months ago.
