allAgents urges agent action over energy meter readings

allAgents urges agent action over energy meter readings


Todays other news


The allAgents reviews platform is calling on letting agents to ensure rental properties’ energy suppliers have up to date meter readings by April 1.

It’s estimated that the rise in the energy price cap, happening on Friday, will see typical bills increase £693 from £1,277 up to £1,971 – a rise of 54 per cent.

allAgents fears unsuspecting tenants whose standard meters are not read close to April 1 may be wrongly overcharged by utility companies estimating their usage.

Vincent Friel, director at allAgents, explains: “With many households working on an estimated reading, if the usage remains underestimated come April 1, these consumers will find themselves unwittingly being charged at the much higher new tariff for energy consumed prior to this date.

“Householders should compare their last bill readings with their actual consumption and if under estimated, notify their utility companies now with what they believe their actual usage will be at the end of March.

“We ask that landlords and letting agents reach out to their tenants, making them aware of this pitfall before it’s too late.”

Share this article ...

Join the conversation: Login and have your say

Subscribe to comments
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Recommended for you
Related Articles
Rightmove has launched a unique new tool to help people...
Zoopla reports today that there’s a continued mis-match between supply...
Rightmove has rejected a £5.6bn takeover approach from Rupert Murdoch-backed...
Rightmove, still very much the Number One portal despite growing...
The biggest rental sector headline from Labour’s manifesto may well...
Although much focus is on the Bank of England and...
A new Renters' Rights Bill is to be introduced into...
Recommended for you
Latest Features
PropTech big-names Reapit and Homesearch have signed a strategic partnership...
Quicklet has acquired the rental portfolio of Northern Ireland’s biggest...
A client accounting platform says customer agents will now receive...
Sponsored Content
B-hive Block Management Partners Celebrates Major Milestone With Over 100...
We’re absolutely delighted to announce that, after 10 years, we’re...
You don’t have to simply accept things as they are...
0
Would love your thoughts, please comment.x
()
x

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here