Martin Lewis: 11m will see energy bills cut on 1 Oct – but check if you’re being RIPPED OFF
I can reveal that on 1 October, it is almost certain the energy price cap rate, for all but those on prepay meters, will drop by roughly £80/year. This means 11 million households on these tariffs will get cheaper deals. Yet that worries me. It risks giving people a false sense of security that they're getting a good price – when nothing could be further from the truth.
Why the energy price cap is broken – it doesn't reflect the price people pay today (video)…
On 1 January 2019, a cap was introduced on the prices that energy firms could charge on their standard (ie, default) tariffs.
Martin Lewis: Why it’s the PERFECT time to check if you can reclaim £100s of energy credit
The sun has got its hat on – hip hip hip hooray. The sun has got its hat on – check your bills without delay. Well, it almost scans, but at least my message is on point.
Why don’t we include energy firms’ kilowatt hour costs in our weekly email?
I always suggest, when you’re doing an energy comparison, to enter the kilowatt hours (kWh) figure from your bill, if possible, as it gives a more accurate result than entering the cost. (Though the sin of inaction is far greater than the sin of inaccuracy – so if you’re unsure, don’t be put off.)
1 October 2024
-
Martin: 'Get off the Energy Cap'
'You're overpaying'
-
Two FREE £175 bank switches
Which wins for you?
-
Save £100s on home insurance
Here's how
-
Amazon 'Prime Big Deal Days'
Sort deals from duds
-
Toy sales: Up to 50% off
At Tesco, Asda & more
-
Free solicitor-drafted wills
If you're 55+
-
Winter Fuel Payments legal bid
To reinstate for all
-
Read the full email
For all the latest deals, guides and loopholes simply sign up today – it's spam-free!
Recent Blogs
-
Martin Lewis on pension credit: What over-66s need to know
24 September 2024![]()
Nearly a million pensioners are missing out on pension credit, a vital benefit worth £1,000s a year for many, which tops up your income. -
Martin Lewis: Is it time to ban unnecessary Christmas presents?
17 September 2024![]()
Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of...
