Households feeling the strain from the past few years of eye-watering energy prices should soon feel some of that financial pressure lift as energy bills fall by around 12 per cent from April.
But not everyone will feel the full effect of this price drop if they forget to do one important thing this weekend. The energy price cap, or the maximum amount your energy supplier can charge you per unit of gas or electricity, will fall to £1690 a year for the average household.
In the North West, for Direct Debit payers, this will mean paying roughly 7p per unit of gas and 29p per unit of electricity, excluding the standing charge.
On the Martin Lewis Podcast, the eponymous financial guru said that this drop in the unit rate is why people who do not have smart metres should do one thing this weekend to make sure that there next energy bill is as low as possible - take a metre reading. READ MORE: Martin Lewis blasts 'outrageous' charge households pay 'well over £300 a year' on Speaking on his BBC podcast, Martin Lewis said: "This is primarily for those who pay by monthly direct debit, people who don't have a working smart meter. "The reason you need to do it is because the price is going to drop on April 1.
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