Give an energy meter reading by 1 Jan to avoid overpaying

A staggering nine million households need to read their energy meters by 1 January 2025, according to research by Uswitch.com.

Failing to do so could lead to a collective overpayment of £66m on energy bills.

That’s a lot of cash that could be saved.

Why it matters

Households on standard variable tariffs (SVTs) without a smart meter are particularly at risk.

If they don’t submit their meter readings before New Year’s Day, their energy usage might be estimated and charged at the higher rates set to kick in:

• average energy cost in December: £135
• expected cost in January: £165
• difference for a week’s worth of energy: £6.67

If the nine million households don’t submit their readings, they could face hefty overcharges just for being a bit forgetful.

It may not be the most exciting task during the festive season, but it can save households a pretty penny come January.

Common barriers

Some households haven’t submitted readings recently because:

• 14% don’t know how to read their meter
• 12% don’t know where their meter is located

Looking ahead

Analysts predict the price cap will rise again in April.

This could mean a third consecutive hike for those on default tariffs.

A fixed tariff might be a sensible option to lock in current lower rates (see our recent ‘dosh dilemma’ to see if you should fix).

What you can do

A little effort now can lead to big savings later.

That’s why Uswitch.com is urging households to take action:

• Check: Make sure your meter readings are current. If you don’t have a smart meter, submit your latest readings on or around 1 January.
• Track: Monitor your energy usage with the Uswitch app for insights and tips.
• Change: Consider switching your energy tariff. There are fixed deals that are cheaper than the January price cap.

Struggling with energy bills?

If you're finding it hard to manage your energy costs, get in touch with your supplier.

Some firms offer grants to those who have fallen behind , or you could arrange a payment plan for what you owe.

If you’re in a vulnerable situation, see if you can join the priority services register for extra help.

Check out our guide on dealing with energy arrears for more information and our blog on where to go to get help with your energy bills.