Martin Lewis says raising the electricity price guarantee would ‘throw another 1.7 million people into fuel poverty’
(Picture: Noah Vickers/Local Democracy Reporting Service)Martin Lewis has urged the UK government not to increase the energy price guarantee (EPG) on people’s bills.
The personal finance expert, who created the website MoneySavingExpert.com, has sent a letter to the Chancellor, Jeremy Hunt, asking him to cancel the upcoming increase to the EPG, which limits the amount of money energy companies can charge per unit, arguing that it is not required because wholesale energy prices have “come down very substantially”.
