Martin Lewis is warning millions of households to act quickly ahead of a major energy price change.
It comes as prices are expected to fall by around 17% in England, Scotland and Wales this Saturday (July 1). Households will pay £1,206 less per year for their energy bills, on average, under the new Ofgem price cap.
Back in May Ofgem said the £1,206 reduction to the cap reflected recent falls in wholesale energy prices. The lower cap will replace the Government's Energy Price Guarantee (EPG), which currently limits the typical household energy bill to around £2,500.
