Martin Lewis has issued ‘act now’ advice to energy customers, saying it’s time to fix your bills. As well as households facing an expected rise in fuel costs coming into the winter months, the average household energy bill is to increase by £149 from October after Ofgem said it was increasing its price cap.
This afternoon financial guru Martin Lewis took to X, formerly Twitter and said: “Should u fix energy bill now? And can you get lower standing charges? Yes, for many it looks a strong time to fix. For lower users there's also a tracker tariff with £50 off standing charges.” The lowest one is said to be Outfox the Market Fixed Dual which is at 6 per cent below Oct cap on average. Other offers which were recommended are EDF Essentials which is 4 per cent below the cap, Ovo Energy 1 Year Fixed which is 3 per cent below and E.on next fixed which is 3 per cent below.