Why you should take a meter reading before Sunday amid energy price cap changes
Millions of people will be paying less for their gas and electric from this weekend.
A fall in Ofgem’s energy price cap takes effect comes into force than last winter.
The regulator announced in August the cap on a unit of gas and electricity would reduce the average bill from £2,074 to £1,923 for the three months from October 1 in England, Wales and Scotland.
However, this is still more than 50% higher than pre-crisis levels, and the government is yet to announce any financial support.
In numbers
Gas will fall from 7.5p per kilowatt hour (kWh) today to 6.9p
Electricity will fall from 30.1p per kWh to just under 27p
The price cap will be the lowest since March 2022
It is around 50% higher than the price cap two years ago
(Figures according to energy consultants Cornwall Insight).
The energy price cap change comes into effect on Sunday - 1 October.
The cost of energy for those on standard variable tariffs is going down - although most households will face similar, or in some cases more expensive, energy bills to last winter - because there is now no government support available.
Ahead of the change, comparison site Uswitch has shared some things you need to do before Sunday.
It suggests you employ a "check, track, change" approach.
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