Martin Lewis has urged the Chancellor to postpone plans to increase energy bills this spring, warning that it will have a "frightening" effect on struggling households.
The Government is set to increase its Energy Price Guarantee, which places a cap on household energy bills by limiting the amount suppliers can charge, from its current £2,500 a year for the average household to £3,000 a year from April 1. But the MoneySavingExpert founder has challenged the plans, saying that the Government has "significant headroom" to postpone the increase.
Martin explained on Twitter: "10 days ago I sent Chancellor Jeremy Hunt a letter asking him to postpone the Govt's 20% increase in energy bills on April 1. Since, SEVENTY major charities and the energy industry trade body have signed up to support the letter."
