Martin Lewis is warning millions of households to act quickly ahead of a major energy price change.
It comes as prices are expected to fall by around 17% in England, Scotland and Wales this Saturday (July 1). Households will pay £1,206 less per year for their energy bills, on average, under the new Ofgem price cap.
Back in May Ofgem said the £1,206 reduction to the cap reflected recent falls in wholesale energy prices. The lower cap will replace the Government's Energy Price Guarantee (EPG), which currently limits the typical household energy bill to around £2,500.
READ MORE: Martin Lewis issues 'don't go near it' warning to millions of people
In a tweet on Monday, Mr Lewis said that many people need to act by taking a photo of their meter reading in the coming days. He said: "Got working smart/prepay meter? You NEEDN'T do a meter reading
"Pay by direct debit? Submit a reading. With monthly direct debit, firms estimate your usage, and assign it to a certain period.
"So submitting a reading within a few days of the change (many let you backdate a few days too) reduces the risk of their 'estimating' going against against you (though there's always a chance a discrepancy could end up in your favour).
"Take a pic of the meter for belt 'n' braces. Please share with anyone this is relevant to."
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