Money Wellness

bills

Published 28 Mar 2024

2 min read

Remember to submit your meter readings this weekend

Households are being urged to submit meter readings to their energy supplier this weekend to ensure they do not overpay when cheaper prices come in on Monday.

People converting meter reading to energy bill
Lydia Bell-Jones - Money Wellness

Written by: Lydia Bell-Jones

Financial content writer

Published: 28 March 2024

 The difference between a week of energy at March’s rates compared with April’s is £4.65 for the average household, comparison and switching website Uswitch states.

If households don’t submit their meter readings, suppliers have to calculate bills based on estimated usage, meaning some people could be overpaying, while others may not be paying enough.

The energy price cap in Great Britain will fall by £238 to £1,690 for the period from 1 April to 30 June, thanks to a mild winter and lower gas prices, easing the pressure on household finances a little. That figure is for a typical household that uses electricity and gas and pays by direct debit.

The average household on a standard variable tariff is expected to spend £127 on energy in April, compared with £205 in March, owing to a combination of cheaper rates and lower usage as the weather warms up, said Uswitch.

Struggling with energy bills?

If you’ve fallen behind with your energy bills, the first thing you should do is get in touch with your supplier. Some offer grants to help customers who are really struggling or you may be able to agree a payment plan for the amount you owe.

If you're vulnerable, it’s also worth finding out if you can sign up to the priority services register. This is a free scheme that provides access to extra help from your energy supplier. Find out more about the priority services register

Read our guide on what to do about energy arrears.

 

Lydia Bell-Jones - Money Wellness

Written by: Lydia Bell-Jones

Financial content writer

With a background in banking, Lydia has been writing professionally for over five years. She is passionate about helping people improve their personal finances and has a particular interest in the connection between money and mental health.

Published: 28 March 2024

The information in this post was correct at the time of publishing. Please check when it was written, as information can go out of date over time.

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Lydia Bell-Jones - Money Wellness

Written by: Lydia Bell-Jones

Financial content writer

Published: 28 March 2024

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