Martin Lewis, the self-styled Money Saving Expert, has changed his advice on whether to fix energy tariffs. Until recently, Lewis was advising most people to stick on their existing tariff, but he now says it could be worth going for a fixed-rate deal.
Lewis said: "The current price cap for someone on duel fuel, typical use is £1,971 a year. That went up massively on April 1 and that's where it sits right now.
"That will last until the beginning of October and the October price cap is based primarily on wholesale rates that energy firms pay between the start of February and the end of July. That means we do have a little bit more certainty [now] because things are solidifying from where they were [a few weeks earlier] on what's likely to happen in October.
