Households should submit meter readings before midnight on June 30 to ensure they are paying the lower prices as soon as they come into effect.
Accurate readings will stop the household’s supplier from estimating usage and potentially applying the old higher prices to energy that is used after June 30.
The headline price cap figure is an average across households rather than an absolute cap on bills, so those that use more will pay more. “By taking a meter reading on June 30, before the price drop comes into force, it will mean that your energy company cannot charge you at the higher rate for any units that have been used after that date.”
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