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Chronicle Live
Business
Sam Barker & Sonia Sharma

Martin Lewis urges householders to read their meters TODAY before energy price rise tomorrow

People are being urged to read their meters today before energy prices go up.

Energy bills will be capped at £2,500 a year for a typical household from this weekend - up from an average of £1,971 a year. The new Energy Price Guarantee will come into force from October 1 for two years - replacing the Ofgem price cap.

Before bills go up, many homes will be submitting up-to-date meter readings to their energy firms. The idea is that they can prove how much energy they used at a lower price right up to the point bills go up. That means they can only be charged for the energy they use, with no quibbling about overcharging.

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