Millions of UK households are being urged to take immediate action to slash their energy bills by hundreds of pounds. With the Ofgem price cap set to drop slightly in July, experts reveal a simple yet powerful step to maximise savings before winter.
Why the Time to Act Is Now
While the upcoming price cap reduction will bring some relief, analysts warn that bills remain significantly higher than pre-crisis levels. "Families shouldn't wait for further changes," says energy expert Sarah Thompson. "Taking control now could save the average household over £200 annually."
The One Thing You Must Do
The key recommendation? Submit an up-to-date meter reading before the new cap takes effect. This prevents suppliers from estimating usage based on higher rates. Follow these steps:
- Locate your gas and electricity meters
- Record the numbers exactly as shown
- Submit readings through your provider's app or website
- Keep photographic proof as backup
Additional Money-Saving Tips
- Challenge your direct debit if it seems excessive
- Explore time-of-use tariffs if you have a smart meter
- Consider switching providers if you're out of contract
Energy UK reports that nearly 40% of households haven't submitted readings in the past quarter, potentially overpaying by millions collectively. "It takes five minutes but makes a real difference," Thompson emphasizes.