Martin Lewis warns every bill payer should do one thing before March 31

manchestereveningnews.co.uk:

Money Saving Expert Martin Lewis has urged all billpayers to do the same thing before March 31. With heating bills set to dramatically increase next month, Martin says it's important for everybody to check their readers.

Regulator Ofgem has confirmed it is increasing its price cap by 54% from April 1 - rising by £693 from £1,277 to £1,971. READ MORE:Mum slashes monthly heating bill from £95 to £12 thanks to Martin Lewis tip The energy price cap sets a limit on the rates a supplier can charge for each unit of gas and electricity you use.

But ahead of higher prices coming in, Martin has advised households to take a meter reading on March 31. By doing this, you can then go to your energy provider and explain exactly how much energy you used before the price cap increase came into effect, reports the Mirror.

Speaking on his ITV Martin Lewis Money Show Live broadcast last week, the MoneySavingExpert said: "That way you draw a line in the sand that says to your energy firm, I've only used this amount at the cheaper rate. “Don't start charging me more on the higher rate and estimating I use some of it afterwards." In a separate video posted to social media this week, Martin also reminded those who are on older prepayment meters to check if they can “stockpile” energy now.