Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Record
Daily Record
Lifestyle
Linda Howard

Martin Lewis issues new energy bill advice for households on a fixed tariff ahead of October increase

Martin Lewis has shared an essential list of need-to-knows for all domestic energy customers following last week’s announcement from new Prime Minister, Liz Truss, that energy bills for the average household will be frozen at no more than £2,500 for the next two years.

The PM’s plan will be in palace until 2024 and is expected to save the average household around £1,000 from October, protecting billpayers from further expected rises over the coming months. However, it’s important to be aware that the £2,500 Energy Price Guarantee isn’t the maximum amount households could pay - use more and you’ll pay more, use less and you’ll pay less.

Something Martin Lewis has been trying to drill into everyone over recent months to help them budget for the colder months ahead. The consumer champion has also been instrumental in pushing the UK Government and energy firms to provide more financial support for millions of households across the UK.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.