Millions urged to read energy meters this weekend to avoid overpaying as price cap falls again

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Cheaper rates and warmer weather are expected to mean the average household spends £127 on energy in April, compared with £205 in March.

Millions of people are being urged to send meter readings to their energy supplier this weekend to ensure they don't overpay. The regulator's price cap drops 12.3% on Monday 1 April, from a typical £1,928 per year for a dual-fuel household to £1,690 - an average saving of about £20 per month. Money blog - latest updates People without a smart meter who are on a standard variable tariff should send readings so their company has an up-to-date record when the prices change.

The combination of the cheaper rates and warmer weather is estimated to mean the average household will spend £127 on gas and electricity in April, compared with £205 in March. Nearly a fifth of people without a smart meter have not submitted a reading in the last three months and 4% haven't done it for a year, according to a Uswitch survey of 2,000 people.

 

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