Money Saving Expert founder Martin Lewis has given advice on how people can find the cheapest way of paying for their energy bills. The financial guru has been busy over the past week following Ofgem's announcement that the energy price cap would shoot up by just over 80% from £1,971 to £3,549 on October 1.
The announcement has shocked households across Britain as people try to figure out how they will afford their bills during the winter months as the cost of living crisis continues. Mr Lewis has himself said he fears people will die because they cannot afford to keep their homes warm over winter.
In his latest email sent this morning (August 31), Mr Lewis spoke about the upcoming price rises and what it means in general for households. His advice included which method out of direct debit, prepayment or receipt of bills is the cheapest way of paying.
