Energy bills are set to rise from the start of next month as Ofgem’s price cap increases from £1,663 to £1,723. One expert has issued advice on the subject
Households are being advised to take a photo of their energy meters at home in order to avoid having to pay higher energy bills. They’re being told to do it before Thursday, 1 October.
The recommendation has been backed by Money Saving Expert (MSE) founder Martin Lewis. Energy prices which are regulated by Ofgem are set to rise at the start of next month.
This means that anyone on a standard variable tariff will face increased rates for both gas and electricity. The biggest mistake customers can make is assuming their supplier automatically records exact usage before and after a price increase, according to one energy expert.
Ben Gallizzi, from Uswitch.com, said submitting a straightforward meter reading prevents billing errors and stops households from being charged at the wrong rate, WalesOnline reports.
He said: “Yet another energy price hike will hit millions next week, at the same time many reach for the thermostat – but there are actions households should be taking. Submitting a meter reading, if you don’t have a smart meter, before or on Thursday, October 1, will ensure the energy used is charged at the correct rates and not estimated by a supplier.
“That same deadline applies for the 15 million households on standard tariffs wanting to beat the hike entirely by locking in a lower-rate fixed deal before energy costs rocket for winter.”
He added: “Predictions currently suggest there will be a third consecutive price hike on the way in January, with rates forecast to jump a staggering 23% in the new year. Not all energy deals are the same, and prices vary wildly, so households should not simply accept the first deal offered by their current supplier.
“It’s vital to compare, and it takes just minutes to see options tailored to your personal energy usage. The price cap is going up, but your rates don’t have to.”
His guidance echoes advice previously given by Mr Lewis. The money guru has urged homeowners to photograph their meters on multiple occasions, particularly when discussing what he refers to as ‘Meter Reading Day’.
Mr Lewis said: “I would still get your phone out and take a picture of your meter today just in case of a future dispute, you don’t need to do anything with it, you might want to email it to yourself so you’ve got proof.”
On his MSE website, the specialists advise: “The easiest way is to take a picture of your meters, so you have the readings to hand. Then you can log in to your online account and enter the readings.”
According to Uswitch.com, more than four million households without smart meters need to submit a meter reading before the end of the month to avoid being billed at incorrect rates for energy consumed before October 1. The energy price cap, which sets the maximum rates households on standard tariffs can be charged, will increase by 4% from £1,663 to £1,723 for a typical household on 1 October.
Homes on a standard tariff with average usage are expected to spend £145 on energy in October, compared with £109 in September. The rise of a third is attributable to a combination of greater consumption and higher rates during autumn, when central heating is switched back on.
Without precise and regular meter readings, energy suppliers will be forced to estimate usage before issuing bills. Those on standard tariffs who do not have a smart meter and fail to submit readings on or around 1 October risk having a portion of their September usage incorrectly billed under the newer, costlier rates.