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Chiara Fiorillo & Sonia Sharma

Martin Lewis warns 'there is no £2,500 cap on energy bills' as cost crisis continues

Martin Lewis has issued a stark warning to householders, saying there is no price cap and if you use more energy, you will pay more for it.

The MoneySavingExpert founder put a message on Twitter to confirm there is no cap on how much you pay. He clarified that the £2,500 cap announced by the Government is actually on the standing charges and the unit rates for gas and electricity. This means if you use more energy, you will also pay more.

Mr Lewis said communicating that there is a price cap is "risky" because some people, especially if they are vulnerable or elderly, may think they can keep the heating on all the time in winter without being charged more than £2,500, reports The Mirror.

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