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Liverpool Echo
Liverpool Echo
World
Kate Lally

Martin Lewis on how people can save 24% on energy bills

UPDATE: This offer has now been withdrawn

Martin Lewis has shared how some people can beat the energy price cap and save 24% on their bills.

The Money Saving Expert founder urged people to act fast if they want to make the savings.

New gas and electricity prices coming into effect on April 1 will see the price cap increased by a huge 54% - around £700 on average.

READ MORE: DWP and HRMC benefits warning over 'cuts of up to £720'

But Mr Lewis has found an offer Eon customers may be able to take advantage of.

Taking to Twitter, he said: "Eon & Eon Next Direct Debit customer on the price cap?

"Log in today & see if ur offered NEXT ONLINE V11 1yr fix

"It should be SAME rate as the April price cap (ie 54%ish more than now - check)

"If so, as cap likely to rise another 24+% in Oct it's a corker" [sic]

However, he warned, by doing so customers will miss out on the current much cheaper rate by about a month.

He continued: "Yes there's no guarantee how long it'll be on for. Overall if predictions are right, it should win though."

Mr Lewis also urged people to check all terms they are offered before signing up.

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