UK households have a limited time to take action and potentially save £426 on their energy bills, experts have warned.

Ofgem has announced a lower cap of £2,074 per year for gas and electricity bills, compared to the current cap of £2,500.

To ensure accurate billing and avoid overcharging based on outdated tariffs, energy consultants have said it is crucial for all households to submit a meter reading on 1st July, the date when the new cap takes effect.

By providing up-to-date data, consumers can challenge any discrepancies and protect themselves from being charged more than necessary.

Taking this simple step can make a significant difference in reducing energy costs and maximising savings.

Article source: https://www.energylivenews.com/2023/06/19/energy-bill-alert-submit-meter-reading-to-unlock-savings-of-426/