Energy prices are going down by around 17% from this Saturday 1st July 2023, unit prices are going down for both Electricity & Gas along with Standing charges
What do you need to do – it will take you 2 minutes.
Normal Meters – this includes Direct Debit, monthly or pay quarterly customers.
To take full advantage of roughly 17% reduction in prices –
PLEASE PUT IN METER READINGS BY THIS FRIDAY NIGHT (30 June 2023) – this will mean that when the new pricing kicks in on Saturday you will be billed correctly on the cheaper unit rates straight away.
Prepayment Meters – prices are also dropping too, for the first time EVER – prepayment will be set at roughly the same unit pricing as people on direct debit. I have waited years for this to happen.
If you have prepayment meter this is what you need to do – to pick up the new rates straight away. (please don’t do this on Friday!)
Top up on Saturday (NOT BEFORE) with at least £1 on each meter – this will bring down the new pricing – that simple
If you want to read about the new pricing which will be pretty much the same for all energy companies
https://www.scottishpower.co.uk/support-centre/price-cap
https://www.ofgem.gov.uk/publications/customers-pay-less-energy-bills-summer