Martin Lewis has issued advice for anyone with an electricity prepayment meter ahead of this weekend's changes to the energy price cap. The founder of MoneySavingExpert posted on Twitter on Friday, June 30 as the UK sees its first fall in energy bills in two years.
The price cap, which sets how much the typical household pays for their gas and electric, is set to fall to £2,074 on Saturday, July 1, putting it below the government's energy price cap of £2,500 and meaning a reduction in the typical energy bill for the first time in two years after years of increases.
Alongside the changes will be alterations to how much those with certain prepayment meters pay for their gas and electric - but it means you need to be strategic with when you top up if you want to avail of the lower costs straight away. To get all the latest money-saving news straight to your inbox twice a week sign up here.
