Martin Lewis has issued a warning to anyone considering switching their energy supplier in the hope of cutting their bills. The Money Saving Expert founder is urging people to think carefully before making such a move.
It comes as a major UK energy supplier has announced its first deal below the Government's energy price guarantee. Ovo is offering a one-year fixed tariff of £2,275 to existing customers - below the Government's £2,500 cap on typical energy bills.
But Mr Lewis has warned that 'people need to be very careful not to just jump on a fix because it costs less than they’re paying right now'. The new deal has been announced amid falling wholesale gas prices.
