The energy price cap has seen a further huge increase this morning and people are worried about making payments.
Ofgem have announced the energy price cap will jump to £3,549 in October. As a result, many bill payers are thinking about cancelling their direct debits from October and refusing to pay the extortionate rates in a stand to try and lower costs.
The Don't Pay UK campaign is nearing 115,000 signatures. However Money Saving Expert Martin Lewis has warned against this as he advised that consumers need to make an informed decision and understand the risks of being in breach of their contracts with energy suppliers who could enforce a pre-payment meter, cut off energy supply or impact consumers' credit scores negatively.
