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Martin Lewis issues new energy bill warning to every household ahead of change in April

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dailyrecord.co.uk

Households can expect to see energy bills rise in April, according to a new warning from consumer champion, Martin Lewis. The financial guru took to social media this week to share ‘bad news’ with millions of households on the standard tariff - if you’re not on a fixed tariff then you’re automatically put onto the standard tariff, which is set by Ofgem’s price cap.

Posting on X, formerly Twitter, the founder of MoneySavingExpert.com said: “Bad news. The predictions for what'll happen to the energy price cap in April keep rising.

EDF now predicted Ofgem will increase it by 3.3 per cent rise, British Gas predicts 5 per cent, E.ON Next predicts 5.7 per cent.

We're only a couple of weeks from the end of the assessment period. So that means this is getting pretty firm. It’s now nearly unthinkable that it'll drop, it's going to rise, the big question is how much.” Following the recent predictions, E.ON Next is urging customers to check their energy bills to make sure they are on the most appropriate tariff for their circumstances ahead of the new price cap kicking in.Ofgem will announce the new price cap, which will be in place until the end of June, on February 25.Since January 1, the cost for a typical household using both gas and electricity has been £1,738 per year, under the price cap.

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