With energy prices increasing, understanding your energy meter readings is more crucial than ever. Rising costs can often feel overwhelming, and it’s essential to understand how these price hikes impact your household finances.
Let’s take a look at your energy meter readings, explore the advantages of smart meters, and learn how these tools can help you manage your energy use more easily.
Energy prices have been on a roller-coaster ride over recent years, driven by several complex factors like demand for natural resources, international conflicts and supply issues. The energy cap increase is what you should keep an eye on. As of January this year, there is an increase of 1.2%, an increase of £21 a year from the previous level.
This means higher bills for households, which raises the importance of good energy management to avoid unnecessary expenses. Managing your energy well starts with a proper understanding of your meter readings.
Your energy meter records the actual energy consumption in your home, which is measured in kilowatt-hours (kWh). These readings are then used by your energy provider to calculate your bill.
It’s crucial to provide regular and accurate readings to avoid estimated bills, which may not reflect your real usage. Understanding and reading your meter can save you from overpaying. If you have a traditional meter, here’s what you need to do:
For convenience and accuracy, consider upgrading to a smart meter. Unlike traditional meters that require manual readings, a smart meter automatically sends usage data to your supplier. This eliminates any potential errors and ensures you’re billed only for the energy you consume, making the billing process much easier.
Smart meters provide real-time data, allowing you to track your consumption and adjust accordingly to save on energy costs. For many households, this has resulted in significant savings and stress-free energy management.
Book a LEAP Energy Advice Call to speak with an experienced energy advisor. They can provide personalised advice, clarify any questions from this blog, and help you optimise your energy use and savings. We also have energy efficiency guides on reading your bills and understanding how smart meters work. Consult LEAP to ensure you only pay for what you truly need.
