The upcoming energy price drops will have many breathing a sigh of relief, but there's one savvy thing people should do before they become official.
Ofgem's price cap comes into effect on Saturday, July 1 as costs are limited to £2,074 a year, a reduction from £2,500 a year.
The price guarantee was brought in because energy bills were set to exceed £3,000, reports The Mirror.In order to keep your usage - and billing - accurate, it's wise to take a meter reading before the price change is introduced.
That means households should make sure to take down a meter reading before the clock strikes midnight on Friday evening. Energy providers will make the adjustments automatically, but taking a meter reading on Friday before the price changes means your bill is as accurate as possible.
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