Households have been advised to submit a meter reading to their energy supplier ahead of the price cap change on Saturday to draw a line under usage at the higher rate and avoid having to pay a potentially higher estimated bill.
About 27 million homes in England, Scotland and Wales can expect a modest drop in energy costs over the summer after the regulator Ofgem lowered the cap on a typical annual dual-fuel tariff to £2,074 a year – down from the £2,500 a year level set by the government’s energy price guarantee.
