Martin Lewis has warned energy customers that the government's energy price freeze is not a cap on energy bills.
While he initially welcomed the two-year £2,500 price guarantee, the money-saving expert wants to ensure that consumers are not being misguided by the numbers. He stressed that while it's commonly referred to as a price cap, it does not mean there is a standard cap on everyone's energy bills.
Liz Truss' government introduced the energy bill guarantee as a way to try and support struggling households during the cost of living crisis. It replaced the original Ofgem price cap which was due to rise to £3,549 a year - and likely £5,400 a year in January, compared to £1,277 a year last winter.
