Energy firms are charging customers hundreds of pounds in exit fees - and in some cases the amount has more than doubled since last year, research by Martin Lewis and his team has found.
The money saving expert has slammed the move, after discovering some of the country’s largest energy suppliers have increased their early exit fees on their lowest priced deals. He is now advising households to check about cost penalties with their energy supplier.
The average exit fee this time last year was £60 on a dual-fuel home, the research found. But a few suppliers such as Octopus Energy and E.on do not charge their customers exit fees and Bulb and Shell Energy do not currently have fixed rates, so are not featured in the analysis.
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