Last week, Martin Lewis shared new tariff deals being offered to some existing consumers across the UK which could help millions of households reduce the impact of the next Ofgem price cap due to kick in on October 1.
The financial guru took to social media on Thursday to warn existing customers that those deals may not be around for much longer due to a “spike” in wholesale energy prices which could lead to them being withdrawn by suppliers and replaced by “costlier” tariffs.
The latest predictions from the energy regulator indicate gas and electricity bills could sky-rocket by £800 to £2,800 in October and the founder of MoneySavingExpert.com’s advice if you are considering fixing your tariff, is to do it now.
