Martin Lewis explains new cheapest way to pay energy bills amid 'staggering but welcome' change
manchestereveningnews.co.ukMartin Lewis has explained which method of paying for energy will be the cheapest once the new Ofgem price cap comes into force in April.
In his latest edition of the MoneySavingExpert (MSE) newsletter, Martin did a deep dive into the latest changes, which were announced earlier this month.
From April, the average annual energy bill for a typical household will fall by 12 per cent - from £1,928 to £1,690. He said the fall in prices was a move "in the right direction" but warned that prices would still be "near double the cheapest pre-crisis". READ MORE: All the money changes, price hikes and DWP payments coming in March READ MORE: Martin Lewis issues 'never' warning to car owners amid 'rocketing' price hikes The MSE founder also revealed that in a 'staggering' turn of events, the new rates would see pre-payment meters become the cheapest way to pay.
Martin explained to his readers that the price you pay for energy depends on a number of factors, including the method you use to pay your bills.
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