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Martin Lewis reveals four ways to save money on bills ahead of price cap rise

Martin Lewis has revealed four ways people can save money ahead of the energy price cap rise in October.

Last week Ofgem confirmed that its price cap will hit £3,549 from 1 October this year, an 80 per cent rise from the current cap of £1,971.

However, the founder of MoneySavingExpert said families “can still make large savings” on their bills as we head into the winter months.

Writing in his latest MoneySavingExpert email, Lewis said: “It’s tough to save on energy bills, but many can still make large savings elsewhere.

“Of course those who’ve already cut to the bone won’t be able to do any more, but many others, for whom the scale of the challenge is just dawning, should see this as a clarion call to check all your outgoings.”

Earlier this week, Lewis warned against cancelling direct debits for energy use ahead of the price cap rise.

He said that cancelling direct debits could result in households paying more for their energy.

Xural.com

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