People told to read meter as energy bills rise

Business LIFESTYLE


Energy prices for about 27 million homes in England, Wales and Scotland are governed by a price cap, calculated by the energy regulator Ofgem. It is set every three months and affects the price paid for each unit of gas and electricity.

Under the cap, prices have fallen twice this year – in April and July – but now, at the start of October, they have increased by about £12 a month for a typical user.

The final bill will depend on the amount of energy used, but to estimate the effect on annual costs, billpayers can add 10% to their current bill.

By reading their meters and submitting those to their supplier, price comparison website Uswitch says billpayers can avoid being charged in the short-term for energy they have not used, or having a bill based on an estimated reading at a higher rate. Those with operational smart meters have the reading taken automatically.

Standing charges have risen by one penny a day for gas and also for electricity, but the regulator is considering reforming the system.

The Utility Regulator in Northern Ireland says there will not be any price changes in October to the suppliers that it regulates.

https://www.bbc.com/news/articles/c7v6l26v585o,

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