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Daily Record
Daily Record
Lifestyle
Linda Howard

Martin Lewis shares 15 energy need-to-knows on new price cap freeze set to start next month

Martin Lewis has shared 15 need-to-knows for all domestic energy customers following the announcement from new Prime Minister, Liz Truss, that energy bills for the average household will be frozen at no more than £2,500 for the next two years.

The Prime Minister’s two-year plan will save the average household around £1,000 from October and protect billpayers from further expected rises over the coming months. For businesses and other non-domestic users such as schools and hospitals, which have not been covered by the existing price cap, a six-month scheme will offer equivalent support.

Posting on Twitter, to his 1.7 million followers, the consumer champion shared a “very quickly bashed out summary of the new energy price freeze” and also confirmed that the final point for people who have already fixed their tariff was not addressed by Liz Truss, but was said directly to him by Secretary of State for Business, Jacob Rees-Mogg.

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