Energy prices are changing on Saturday, October 1
, 2022. While the government announced the Energy Price Guarantee, which means the cost of energy for the average home will sit at around £2,500 a year for the next two years, this is the amount for an average household and it doesn't mean that your bill will be no more than this figure, so it's important to still take every measure you can to keep your bill down.
With so much financial turmoil being reported at the moment, it's easy to forget that the date that energy prices will rise again is looming. The MoneySavingExpert website founder updated his followers on Twitter, reminding them to take a reading.Martin Lewis wrote: "It's #MeterReadingWeek Energy prices rise for millions on 1 Oct . So most, though not everyone, should be doing a reading. Plus some on PREPAY may be able to keep current rates longer.
British Gas has also advised about the upcoming change. In an email to its customers, the energy firm, according to Hull Live, has said: "The prime minister recently announced the Energy Price Guarantee – meaning that from 1st October, the cost of energy for the average home will be no more than £2,500 a year for the next two years. Some of our customers have been asking whether they should submit a meter reading before this happens, so we wanted to let you know what you need to do.
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