Martin Lewis on how to save £200 a year as millions set to see energy bills rocket from April

Consumer skilled Martin Lewis has warned that millions of households may see their energy bills rocket from April.

But the MoneySavingExpert founder has stated that in case you take motion you may save your self greater than £200 a year.

Writing for this week’s MSE newsletter, Martin stated the rise in energy bills is not surprising – and you may take motion to defend your financial institution steadiness, HullLive reports.

Martin stated: “It’s predictable, however miserable. The large six energy companies have simply introduced new costs for traditional tariffs (these most individuals are on) from April 1.

“All are climbing them by about 9%, to inside £1 of the max below the brand new worth cap – a soar of £96/yr on avg for these with typical utilization.

While we have now been spending extra time at house, it is essential to verify you’re getting the very best offers from your suppliers.

Save on energy bills – Sign up for LookAfterMyBills. The free companies mechanically switches you to the most affordable energy firm, doubtlessly saving you up to £290. You may use MoneySupermarket to evaluate switching companies.

Cut TV prices – Check your TV and broadband bills. Sky often affords deals and discounts while you renew your contact and it may possibly doubtlessly lower your bills. If you’re on BT or Virgin you are able to do the identical.

“Yet you needn’t settle for the worth hike as there are tariffs £100s cheaper to swap to, lots of that are mounted which means the speed is locked in.

“Our MSE Cheap Energy Club now contains the massive companies’ new charges (not Scot Power – as we await its knowledge), so take 5 minutes to do a comparability to see your precise saving, or use our Pick Me A Tariff tools the place we do all of it for you this year and, in order for you, in future too.”



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