Gas and electricity bills for around 22 million households across Scotland and the rest of the UK will increase by £693 from April 1st.
The upcoming rise of 54 per cent means the average household energy bill will soar to an eye-watering £1,791 per year while homes on prepayment meters will see costs go up by £708 to £2,017 - and they are expected to go up again when Ofgem reviews the price cap in August, with the change coming into effect in October.
However, the team at MoneySavingExpert.com have shared a clever - and totally legal way - for those using a prepay meter to delay the price cap through a ‘loophole’ which will work for gas or electricity top-ups not using a smart meter.