Households across the UK are being urged to carry out an energy meter reading before Ofgem increases its price cap on Friday, April 1. And those on a default tariff, paying through direct debit, could see a dramatic rise of up to £700.
GoCompare Energy warns that some households could be paying 54 per cent more for their gas and electricity bills at a time when inflation is also skyrocketing. The provider recounts that in February this year, Ofgem announced the energy price cap would rise by £693 to £1,971, up from the previous cap of £1,277.
Gareth Kloet, GoCompare’s energy spokesperson said: "It’s absolutely worth taking a meter reading before these increases come into effect. By doing this, it simply means your energy company cannot charge you at the higher rate for any units that have been used prior to April 1.
