British Gas, EON, EDF and Octopus Energy customers are being warned not to act on taking a meter reading this week, but to wait until next Monday, July 1.

That’s because Ofgem is handing out an energy price cap boost to all customers from Monday, July 1 which is worth an average 7 percent, or £118.30.

That means any energy you use this week is 7% more expensive than gas and electricity from next Monday, on average.  So you will want to avoid being charged any more than necessary and take a…