Martin Lewis issues urgent energy warning to all prepay meter customers using his top-up trick
dailyrecord.co.ukEarlier this month, Martin Lewis and his team at MoneySavingExpert.com shared a clever way for those using an older prepayment meter, which still uses a card or a key to top-up, to delay the price cap and ‘stockpile’ energy by the end of March.
However, in a heartfelt statement, the consumer champion has issued an apology and a warning to any prepay customer who is following that advice as the trick may not work for everyone.
Writing on MoneySavingExpert.com, Martin said: “I wanted to write this personally, as unfortunately information we were given by energy firms and the regulator no longer looks watertight and this is about prepayment meters, which many vulnerable customers have.
That means even slight changes, amidst this cost of living crisis, are crucial.” The financial guru went on to say how he and the MoneySavingExpert team had written confirmation from energy providers and Ofgem that prepay meters topped up before April 1 would continue to use energy at the current rate, and not the 54% increase.Initially, it was only Scottish Power who would not be following these price usage rules, and Martin reported the energy firm to Ofgem for what seemed to be a breach of regulations.However, Ofgem has now responded to the query with “some surprising findings”.Martin explained: “Separately, we contacted E.on after some MSE users reported that it had given them contradictory information to what we'd said.
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