Martin Lewis has urged people to take a look at how their water bill is calculated, saying that households could save serious cash if they follow his advice to make a key change.
On the latest episode of The Martin Lewis Money Show on ITV, the MoneySavingExpert founder explained that while households are not able to switch water providers, there are some simple steps they can take to save money on their bills. Martin started off by posing the question: "Do you have more than or the same bedrooms as people in your home?"
If this is the case for your household and you live in England or Wales, he said that getting a free water meter installed is likely to save you cash. "If you're on water rates, rates are roughly the rentable value of your house, which is a proxy for the value for the house," Martin explained - meaning that you are charged according to the size of your home rather than how many people are in it, compared to a water meter which measures actual water usage.
