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Liverpool Echo
Liverpool Echo
Business
Levi Winchester & Gemma Jones

Martin Lewis' seven energy bills 'need-to-know' tips as prices continue to rise

With energy prices facing a further increase later this year Martin Lewis has offered seven new tips that people "need to know".

The Ofgem energy price cap sets a limit on the rates a supplier can charge for each unit of gas and electricity you use. It is currently set at £1,971 a year for those on a default tariff who pay by direct debit and if you’re on a prepayment metre, the price cap is £2,017.

The MoneySavingExpert founder also shared his opinion on whether or not energy customers should stick to a standard tariff or fix their rates now. He previously advised to do nothing when prices increased in April.

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