"Starting April 1, 2026, the typical annual dual-fuel bill for consumers will be reduced from £1,758 to £1,641. This 7% decrease translates into savings of £117, as confirmed by Ofgem."
"Consumer advocates have raised concerns that households failing to submit accurate meter readings before the adjustment may be billed at estimated rates that reflect the previous, higher-priced period."
"Many households don't realise that failing to submit an accurate meter reading before the price cap changes can result in estimated bills. Your supplier may assume that you used more energy than you actually did."
More than nine million households in the UK face a deadline to provide accurate meter readings to energy suppliers by April 1. Failing to do so may result in inflated charges. The energy price cap will decrease from £1,758 to £1,641, saving consumers £117 annually. This reduction is due to the Government absorbing green levies and a decline in wholesale energy costs. Without accurate readings, suppliers will estimate usage, potentially leading to significant billing discrepancies that do not reflect actual consumption.
Read at London Business News | Londonlovesbusiness.com
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