Money experts share exactly what to do within 48 hours to slash energy bills

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The energy price cap is changing in two days - here's what to do

Households have been urged to send meter readings to their energy supplier before Ofgem's lowered price cap come into effect on Saturday.

Ofgem will be cutting their price cap from £3,280 to £2,074 from July 1, which will mark the first time households on default tariffs will see their prices drop for more than 18 months. Those who cannot submit readings for whatever reason before June 30 should do as close to the deadline as possible - and keep a time-stamped photo for proof.

Gareth Kloet, energy spokesman at the Go Compare deal comparison site, said: "This drop will come as a very welcome relief for many households who have been struggling to pay their energy bills in the past year. Top Life Hack Stories Today "By taking a meter reading on June 30, before the price drop comes into force, it will mean that your energy company cannot charge you at the higher rate for any units that have been used after that date."

 

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