With energy prices set to rise in October, experts have begun to issue warnings to all households that pay with an electricity meter.
Prime Minister Liz Truss announced that the energy price cap would be frozen at £2,500 from October 1 and will last for two years. While this isn't as high an increase as predictions before the freeze, it is still a significant jump from this time last year.
In April, Money Saving Expert's Martin Lewis, alongside other financial experts, recommended that everyone take a manual reading the day before the price hike so energy suppliers could be made aware of exactly how much energy someone uses to prevent overcharging. While the price jump is not going to be as dramatic this October, it would still be a good idea to take a meter reading on September 30, the Liverpool Echo reports.
Read more: Government borrowing soars to record £11.8bn ahead of emergency mini-budget
Speaking on his ITV show, Mr Lewis said: "That way you draw a line in the sand that says to your energy firm, I've only used this amount at the cheaper rate."
In order to send a meter reading, you must first record the first five numbers shown from left to right to your energy supplier, this can be done over the phone, online or through an app. Typically, digital meters will show five numbers in black and white, followed by one or more red numbers - you can ignore the red numbers.
While the energy cap will be frozen as £2,500, you may pay more or less on your energy bill depending on how much energy you use in the house.
Read next:
-
Despair, 'disrespect' and £2,500 to give up your room... inside Manchester's fresher housing crisis
-
Beloved family man who would do 'anything for anyone' dies heading out to help a stranger
-
Rapist headbutted woman in face and said 'I don't care if you don't want to have sex'
-
Hairdresser slapped with fine despite using app to pay £3 for car park
-
Two-day warning to anyone with an Amazon Prime account ahead of price hike