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Energy price cap for 1m more on meters

ANOTHER 1million households who pay in advance for their energy — typically via card meters — are to benefit from an Ofgem price cap.

The watchdog will this winter extend the scheme — which already benefits 3million homes — and hopes to expand it again to cover a further 2million in a year’s time.

It estimates the average customer will save £120 as suppliers are forced to keep a lid on prices.

Households using card meters are often vulnerable but do not benefit from the fixed-rate deals available to others. The scheme is separate to Theresa May’s plans for caps to help people on standard variable rates.

HOUSEHOLDERS waste £2.2billion on heating the home when they are not in, a study has revealed. It works out at an average of six and a half hours a week of wasted energy and adds up to £82 each year, a Direct Line Home Insurance survey of 2,000 found.