Martin Lewis gives advice on preventing increase in energy bill costs.

Energy companies may provide more affordable fixed rates, according to the Money Saving Expert.

September 26th 2024.

Martin Lewis gives advice on preventing increase in energy bill costs.
Hello there! Welcome to The Agency money blog, where we strive to bring you the best financial advice and tips. Today, we have some valuable insights from none other than the money-saving guru, Martin Lewis. He has always been a reliable source when it comes to saving money, and today is no different.

As we all know, in just a few days, the energy price cap is set to increase by a whopping £149, causing a significant impact on our electricity and gas bills. But, worry not, because Martin Lewis has got our backs. He will be appearing on GMB today to share his secrets on how to avoid the 10% price hike. In fact, he even shared a sneak peek on his Twitter, saying, "Perversely, while the price cap is rising next week, wholesale prices have actually softened, which means companies can offer cheaper fixed prices."

These price hikes may come as a shock to many, especially to the millions of electric car drivers out there. But, don't fret, because Martin Lewis advises them to charge their vehicles at home whenever possible and look for off-peak tariffs. This way, they can still save some money on their energy bills.

In other news, Octopus Energy has recently announced that they will be providing 100,000 "zero bills" homes. This is fantastic news for those who are worried about their energy bills and finances. If you have any concerns or questions, feel free to leave a comment below or email us. We are always here to help.

With Martin Lewis by our side, we can all breathe a little easier when it comes to our energy bills. So, let's take his advice and find ways to save money. After all, every penny counts. Stay tuned for more updates and tips from The Agency money blog. Until then, take care and stay financially savvy!

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