Plea for households to read energy meter as prices rise
Summary
Energy prices for many households in England, Scotland, and Wales are rising by 13% due to higher gas costs. People without smart meters are urged to send meter readings to avoid being charged at the new higher rates based on estimated usage.Key Facts
- Household energy prices are increasing by 13%, mainly because gas prices are higher.
- The price rise means an average increase of about £18 per month on typical energy bills.
- Gas bills are rising by 24%, electricity by 5%, while standing charges remain mostly the same.
- Ofgem, the energy regulator, has lowered its estimate of typical energy use due to reduced usage recently and improved energy efficiency.
- About 33 million households are affected by the price cap changes, except Northern Ireland where rules differ.
- People on fixed energy tariffs will not see price changes until their deals end.
- Submitting meter readings is important for those on standard meters to avoid being charged the new higher rate on estimated usage.
- The Trades Union Congress wants a social tariff to help reduce bills, possibly funded by taxing bank profits.
- Energy debt in England, Scotland, and Wales reached a record £4.79 billion in early 2024.
- Energy suppliers offer support programs for customers struggling to pay, but customers need to contact their supplier for help.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.