Earlier this month, Martin Lewis and his team at MoneySavingExpert.com shared a clever way for those using an older prepayment meter, which still uses a card or a key to top-up, to delay the price cap and ‘stockpile’ energy by the end of March.
However, in a heartfelt statement, the consumer champion has issued an apology and a warning to any prepay customer who is following that advice as the trick may not work for everyone.
Writing on MoneySavingExpert.com, Martin said: “I wanted to write this personally, as unfortunately information we were given by energy firms and the regulator no longer looks watertight and this is about prepayment meters, which many vulnerable customers have. That means even slight changes, amidst this cost of living crisis, are crucial.”
