Energy bills are set to rise again when a new price cap comes into effect in October. On Friday, Ofgem announced that the energy price cap would be set at £3,549 this autumn - an increase of around 80 per cent on the current cap of £1,971.
In the past, experts including Martin Lewis have urged people affected by the price cap change to take meter readings just before the change is made, the Mirror reports. By taking a meter reading the day before the new price cap comes into effect, customers can tell their energy providers exactly how much gas and electricity they have used before the price goes up. This can reduce the risk of you being overcharged.
The new price cap of £3,549 will come into effect on October 1 this year. That means, people should look to submit their energy meter reading on Friday, September 30.
