Almost 10 million households need to read their energy meters this week to make the most of the energy price cap change on 1 July.Missing the first week's worth of cheaper energy would cost them £30m collectively, according to Uswitch.From 1 July to 30 September 2024, the annual energy price cap will be set at £1,568 for the average household - £122 lower than it is at present.
'Households should be adding 'read my energy meter' to their to-do-list this weekend if they want to take full advantage of lower energy prices from July,' said Ben Gallizzi, energy expert at Uswitch.MoneySavingExpert's Martin Lewis has issued a similar warning.Without an accurate meter reading, households on standard variable tariffs without a smart meter will be charged estimated ones.