When we do our weekly shop, we want every item to be scanned so that we pay the right price. We wouldn’t be happy if the cashier glanced at our groceries and guessed the total cost. So why do we put up with estimated bills from our utility suppliers? Making sure that you provide regular readings will ensure that you are accurately charged and this could save you money!
Why you should read your gas and electricity meters
Providing regular meter readings means that you will only be billed for the gas and electricity that you actually use. The genuine figure may be higher or lower than the estimate, but in either case it’s beneficial to be charged for the correct amount – you don’t want to run up a huge energy bill by making underpayments, nor do you want to be paying more than you need.
Estimated readings (which will usually be marked with a letter ‘E’ on your bill) are based on historic or average data. So if you’ve just become the sole occupier of a place that previously housed the Jolie-Pitts and their gaggle of children, the utility estimates could be way out because one person requires less household power than many.
Also, if you live in a flat, make sure that you know exactly which gas and electricity meter belongs to you: you don’t want to be funding someone else’s tumble-dryer habit.
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How to read your gas and electricity meters
- Standard - you need the first five digits from the left. Ignore any red numbers.
- Digital – you need the first five digits from the left. Ignore the final figure that begins with 0.1.
- Dial – these are slightly more confusing. Again, they are read from left to right, and dials without numbers or hands should be disregarded. If the hand is in between two numbers, record the number it’s just passed (for example, if the hand is between four and five, you would write down four). If the next dial along is on nine, reduce the previous number by one (for example, if one dial looks like it’s dead on the seven, but the next dial reads nine, you would write the first number down as six).
Economy-seven – these will include two different readings. The daytime reading will either be the top one, marked as ‘normal’, or the default display. The night-time reading will be the bottom one, marked ‘low’, or the reading accessed by pressing a button on the meter.
- Pre-payment – these display a variety of information. Your meter reading should be shown after you press the button on your meter.
- If you’re still having problems, your utility supplier should be able to give you specific instructions over the phone.
- If your meter isn’t accessible (for example, if it’s awkward to reach, or you have sight problems), your gas and electricity provider should be able to arrange for someone to come out and read it for you on a regular basis.
You may be surprised to discover that most of the gas and electricity meters found in our homes are based on ideas from the nineteenth century. Obviously, a re-design was well overdue, and it’s appeared in the form of the smart meter. These are much more than a dusty box with a set of pretty meaningless figures.
A smart meter allows you to see the actual cost of the gas or electricity you use. It also provides information for each appliance: so you can see exactly how much your teenager’s MTV addiction is setting you back. The data can be accessed remotely, through a wireless connection, so you can set up a mobile or PC to monitor your energy usage. Smart meters are currently being trialled by most utility providers, and are expected to be in widespread use in the next few years.
Once you’ve begun to provide your utility supplier with regular meter readings, you can start to understand exactly how much energy you use; which is one of the keys to finding the best price when you switch utility supplier with Confused.com.