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Plea for households to read energy meter as prices rise
Key takeaways
- Anyone whose tariff is affected by regulator Ofgem's price cap and does not have a smart meter should take a reading to avoid previous usage being charged at the new, higher rate.
- Price rises, driven by the higher cost of gas, may have a relatively limited impact owing to warm weather and lower energy use during the summer months.
- But higher energy prices caused by the fall-out of the US-Israeli war with Iran are likely to persist into the winter, according to analysts at the consultancy Cornwall Insight.
Anyone whose tariff is affected by regulator Ofgem's price cap and does not have a smart meter should take a reading to avoid previous usage being charged at the new, higher rate.
Price rises, driven by the higher cost of gas, may have a relatively limited impact owing to warm weather and lower energy use during the summer months.
But higher energy prices caused by the fall-out of the US-Israeli war with Iran are likely to persist into the winter, according to analysts at the consultancy Cornwall Insight.
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