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Millions of customers have just over a week left to make key energy bill check or risk being overcharged
Millions of customers have just over a week left to make key energy bill check or risk being overcharged
Published on March 23, 2025 at 01:57 PM
MILLIONS of households have just days left to take a meter reading before the new energy price cap comes into force.
From April 1 a typical household’s energy bill will rise by £111 to £1,849 a year if they use electricity and gas and pay by Direct Debit.
Millions of people will see their energy bill rise from next month
This is an increase of 6.4% compared to the previous cap.
The cap is set by the regulator Ofgem every three months.
It limits the maximum amount an energy firm can charge households for the units of gas and electricity they use.
Around 22 million households in England, Scotland and Wales are on a variable tariff, which means their bills rise and fall in line with the energy price cap.
If you are on a fixed tariff then you will not be affected by the change.
This is because a fixed tariff charges you the same price per unit of gas and electricity for the duration of your contract.
If you are on a standard variable tariff it is vital you submit a meter reading now before the cap increases.
This is to make sure you are charged the lower rate for the energy you used before prices increased.
If you miss the deadline to submit a meter reading then you will be sent an estimated bill by your supplier.
This predicts what your bill would be based on how much energy you are expected to have used, not what you have actually used.
The exact date you have to submit a meter reading by depends on your energy supplier.
Some will give you a few days after the price cap increases to submit a backdated meter reading, while others will give you a week or more.
For example, Octopus Energy is encouraging its customers to submit their meter reading by the end of March.