Martin Lewis shares ‘urgent’ steps to save £100s ahead of nationwide bill hike

Martin Lewis shares ‘urgent’ steps to save £100s ahead of nationwide bill hike
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Martin Lewis shares ‘urgent’ steps to save £100s ahead of nationwide bill hike
Author: Jessica Lindsay
Published: Feb, 12 2025 11:53

Summary at a Glance

The exact fixed rate tariff that’s best for you will depend on your region and how much energy you use, so put your details into a comparison tool (like MSE’s Cheap Energy Club) to see more personalised options.

Amy Knight, personal finance expert at the financial comparison website NerdWallet UK, told Metro: ‘While cutting down on energy use can help save money on bills, this isn’t always an option.

Alternatively, there are electric vehicle tariffs which could help EV drivers keep costs down, and rapid price-change options offering lower prices outside of peak periods for those who are able to shift their daily usage routine.

Be aware though, it is normal to be in credit this time of year because most households use less energy in the summer versus the winter when we have the heating on.

‘A fix means the rate you pay for energy can’t change (though use more and you’ll pay more),’ he adds.

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