Martin Lewis issues urgent energy bill warning to people with British Gas, Scottish Power and Octopus

dailyrecord.co.uk:

Martin Lewis is urging millions of people on British Gas, Scottish Power, Octopus, EDF, E.on Next and Ovo on the price cap to check their energy tariff as they could be “overpaying and should sort now”.

Writing in this week’s MoneySavingExpert (MSE.com) newsletter, the consumer champion warned the next Ofgem price cap is predicted to increase bills from April 1 by 6 per cent, some £200 over the year ahead.

The financial guru warned 80 per cent of households in Scotland, England and Wales “overpay for energy as they're on Price Capped tariffs” and urged people to get on a comparison website to “find your cheapest fix and lock in a rate now, to save instantly and prevent the price hike”.

He also explained how the price cap for the rest of the year is expected to stay at April’s level. Martin urged people on the following tariffs to check for a cheaper deal: Writing in the MSE.com newsletter, Martin said: “Bad News.