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Martin: Should you fix your energy bills? 80% are on the Price Cap but you can fix now and save

MSE_Molly_G
MSE_Molly_G Posts: 163 MSE Staff
10 Posts Photogenic First Anniversary Name Dropper
If you're on the Energy Price Cap – like eight in 10 households in England, Scotland and Wales aar– your bills are expected to rise by between 3% and 5% from April. But by locking onto a fix now, you can typically save 7% straight away and protect yourself from future hikes for 16 months, as MoneySavingExpert.com founder Martin Lewis explains in the latest episode of ITV's The Martin Lewis Money Show Live.

Read the full story:

Martin Lewis: Should you fix your energy bills? 80% are on the Price Cap but you can fix now at 7% less than it – what you need to know

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Comments

  • SAC2334
    SAC2334 Posts: 857 Forumite
    500 Posts Third Anniversary Name Dropper
    Brilliant show this week with Martin working very hard and fast to get through it all in the one hour slot but the big surprise was the rise predicted in the April price cap rates from a previous prediction that the cap will drop last month .. 
  • pete-20-11
    pete-20-11 Posts: 1,239 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    Gas is getting more expensive. It's used for electricity too.

    Issues in Ukraine might be impacting that.

    Issues with some nuclear power stations offline.

    Issues with some interconnectors. 

    I think some of us saw it coming. 
    PPI success. Banding success. Double Dip PCN cancelled! South facing solar (Midlands) and battery. Savings Session supporter (is it worth it now!?)
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