Martin Lewis has warned households that they could end up paying more than £2,500 for energy - despite the new price “freeze” from the Government.
The new Prime Minister Liz Truss has confirmed the Ofgem price cap is being replaced by an Energy Price Guarantee.
It means instead of the price cap rising to £3,549 in October, the new Energy Price Guarantee will come into place instead - this is set at £2,500 for two years.
