Secretary of State for Energy Security and Net Zero, Grant Shapps MP, appeared on The Martin Lewis Money Show Live this week to answer questions from the consumer champion and viewers in an energy special of the award-winning TV programme.
Within seven minutes of the show starting, the founder of MoneySavingExpert.com asked Mr Shapps about the planned increase of the £2,500 Energy Price Guarantee (EPG), to £3,000 from April 1. Martin Lewis wrote to Chancellor Jeremy Hunt three weeks ago asking him not to raise the EPG as it would mean energy bills for millions of households would go up by 20 per cent, around £500 for those on typical, average usage.
The campaign has been backed by more than 110 organisations and charities and, according to unconfirmed reports by the BBC and The Times, it will not be increased. However, when Martin asked Mr Shapps directly if it was staying at £2,500, he directed his response towards the Budget next week saying that the Chancellor would set out his “whole financial picture” then.
