Speaking on ITV’s Good Morning Britain, the Money Saving Expert founder described the standard energy tariff that “two thirds of households” are on as “pants” and advised switching to a fixed tariff.
He was speaking in response to Ofgem announcing that energy bills will increase by over 6 percent in April, which means that UK households could see their bills going up by £111 per year on average.
Martin Lewis advised households to wait until Tuesday afternoon before switching energy bills from a standard rate to a fixed rate.
“I’d be waiting until about one or two o’clock before you fix,” he said on Tuesday, 25 February.
Caspar Barnes | Tuesday 25 February 2025 10:39 GMT.
