He explained: The cheapest year-long standalone fixes right now are about 4% LESS than the current Cap, never mind once it rises in April, so if you get a good fix now you lock in at a cheaper rate for a year, get price certainty, save instantly and save relatively more once we get to April.
Martin Lewis will be discussing the price cap on the ITV Martin Lewis Money Show this evening at 8pm where he will be chatting to Ofgem chief executive, Jonathan Brearley.
Martin said if you are not a fixed or "special deal," you will likely be on your energy provider's standard tariff - which means you will follow the price cap.
Martin Lewis has issued his response to Ofgem's price cap, which will be rising by £111 a year from April.
This morning, the energy regulator confirmed that its energy price cap was rising by 6.4%, going from £1,738 a year to £1,849 from April 1.
