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Levi Winchester & Aaron Morris

Martin Lewis explains the cheapest way to pay your energy bill - as Ofgem price cap set to soar to £3,549

Martin Lewis Ofgem MoneySavingExpert

MoneySavingExpert founder Martin Lewis has provided Britons advice on the cheapest way to pay for their energy bills, after October's price cap rise was finally confirmed.

Ofgem - who are the regulatory body for gas and electricity prices in the UK - announced that their price cap will rise to £3,549 from October 1. This is an 80 per cent increase on the current maximum of £1,971.

But writing in his latest MoneySavingExpert email, Martin explained that the price cap can vary depending on your method of payment for fuel.

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