Martin Lewis issued a warning to households who are planning on cancelling their direct debit amid soaring energy bill prices.
On Friday (August 26), Ofgem announced that energy bills for 24 million households on a standard tariff will increase by 80 per cent from October.
It will take the average household bill from £1,971 per year to £3,549. The cap remains in place until December 31 when energy analysts predict it could surge again to around £5,400 in January and £7,000 in April.
For many, the possibility of facing steeper Direct Debit payments is making them consider cancelling the payment method and paying their bills directly.
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