10 energy myths busted - from smart meters to keeping appliances on standby
dailyrecord.co.ukThe price of energy will skyrocket again in October, Ofgem has warned. Last week it was announced that the energy price cap will rise to £3,549 per year on October 1, for those who choose to pay via direct debit on a default tariff.
This will put pressure on families and households who are already struggling to deal with the ongoing cost-of-living crisis.
The cap is currently set at £1,971, meaning the increase is a huge 80 per cent. To help keep bills down and ensure families are using their appliances the right way, the Mirror has debunked ten common myths about energy usage.
Wrong - the price cap isn't a total cap on your bill. Instead, it's a limit on the rates that your supplier can charge for the energy you use - meaning if you use more gas and electricity, you'll end up paying more.The price cap also sets a maximum rate for the daily standing charge, which is what you pay to have your home connected to the grid.
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