Households Urged to Submit Energy Meter Readings as Price Cap Increase Takes Effect

Almost 11 million households have been urged to submit their energy meter readings as soon as possible to avoid being overcharged.
Energy prices went up from Tuesday as Ofgem increased its price cap from £1,568 to £1,717 per year. This is an increase of around 10 percent, which adds around £12 a month to an average bill.
The new cap is 6 percent, or £117, cheaper compared to the same period last year (£1,834).
The energy price cap is calculated based on typical energy use for households. It sets the maximum amount that can be charged for each unit of energy but doesn’t limit the total bill. Families will continue to pay for the amount of energy they consume….