Martin Lewis hosted an hour-long special of his award-winning Money Show Live on Tuesday offering crucial advice for energy customers across the country in the wake of Ofgem’s announcement that the price cap is expected to increase by a further £830 to £2,800 in October.
If Ofgem's prediction comes true, the Resolution Foundation warns some 9.6 million households could find themselves in ‘fuel stress’ this winter - defined as spending at least a tenth of their total budgets on energy bills alone.
However, Martin Lewis may have a solution for existing British Gas and E.On customers and urged them to check if they can fix to a tariff that is less than the projected price cap of 42% and no more than 35% of the current one.
