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One simple task millions need to do before energy bills rise next week October 1
Uswitch says 4 million homes without smart meters should submit a reading to avoid estimated bills when the price cap rises 4% on Oct. 1.
Uswitch is urging more than four million households without smart meters to submit readings by Thursday, October 1, to prevent suppliers from estimating usage at incorrect rates following the price cap increase.
The energy price cap will rise by 4% on October 1, increasing from £1,663 to £1,723 annually, as Ofgem attributed the increase to higher wholesale costs from the ongoing conflict in the Middle East.
Money Saving Expert founder Martin Lewis advised households to photograph their meters, saying, "I would still get your phone out and take a picture of your meter today just in case of a future dispute."
Forecasts indicate a 23% jump in January, with the price cap expected to reach £2,117, prompting experts to urge households to compare fixed deals rather than accepting current supplier offers.
Uswitch data identifies an 18-month deal from Fuse Energy priced at £1,688, which sits £35 below the upcoming October cap, offering households protection against winter volatility.