Martin Lewis issued a warning to people who pay their energy bills by direct debit
in England, Scotland and Wales. The Money Saving Expert took to Twitter to urge direct debit customers to take a meter reading before midnight on Friday, June 30.
Ofgem's new price cap is set at £2,074 for the average annual energy bill, below the current Price Guarantee rate of £2,500. With energy rates set to drop by around 17% on average, you will need to make sure your units are recorded correctly.If you submit a meter reading before the drop at midnight, your energy provider will have the most accurate and up to date information on your usage in order to work out your next energy bill.
However, he did note that people who have smart meters or are on prepayment meters do not need to submit a meter reading to their energy supplier.
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