Grab a pen, and take your meter readings before the Price Cap change. Here’s why

by | Sep 27, 2022 | Articles, Electricity & Gas, News

There’s an easy way to make sure you’re paying the best rates for energy this autumn – take meter readings before the price cap change. The energy price cap may not be increasing by as much as we thought, but from October 1st the amount most people pay for their gas and electricity will go up. By taking a dated meter reading on September 30th, you can make sure you pay for all the energy you’ve used so far at the previous, cheaper rates.

 Get the information you need about energy in your new home with our gas and electricity guides:

 

Why should I take meter readings before the price cap change?

From October 1st, the cost of your gas and electricity will be increasing for almost everyone in the UK. Energy suppliers bill you based on readings you submit, but they aren’t able to see when you used the power. If you wait until you are next asked for readings, your supplier will estimate how much energy you used after the price rise.

Energy firms can overestimate use, especially in winter. Taking a meter reading on September 30th and submitting it with the date will mean you pay the cheaper rate for your actual usage.

How do I take meter readings?

There are several different kinds of energy meters in the UK, all read in different ways. Read how to identify your meter and take a reading here.

 

How do I submit meter readings?

Once you have your updated meter readings, the easiest way to send these to your energy supplier is through your online account. If you prefer, you can usually also give meter readings by phone or through an app.

We’re expecting suppliers’ websites and phones to be very busy while the price cap change happens, so don’t worry if you can’t get through September 30th or October 1st. Suppliers allow you to backdate your readings to when they were taken – you can take a dated photo of your meters if you’re worried.

 

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