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Wales Online
Wales Online
Kate Lally & Neil Shaw

Martin Lewis warning to anyone who pays energy bills by direct debit

Martin Lewis has urged people not to take what may seem like a simple step to take control of monthly spending on gas and electricity bills. The founder of Money Saving Expert has been asked a number of times whether people should cancel their direct debits paid to gas and electricity companies.

With a direct debit, the company sets the amount you pay and takes that sane amount every month -rather than you paying to the energy you use. That can mean you running up a surplus - the energy company having some of your money - or run into debt if the direct debit is not enough to cover the charge, reports MEN.

On Tuesday, Martin Lewis took to Twitter. He said: "WARNING! Many talking about cancelling energy Direct Debits to 'keep in control' and just pay when billed.

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