The Daily Mirror : Martin Lewis highlighted how British Gas and E.On are reportedly offering existing customers fixed deals below the 30% threshold he would consider locking in at

Martin Lewis has urged customers of British Gas and E.On to check if they can fix into an energy deal that is less than the current price cap.

The MoneySavingExpert founder addressed concerns about rocketing energy bills after the boss of Ofgem warned the price cap could rise to £2,800 in October.

Energy bills have already shot up for millions of households across the UK after Ofgem hiked the April price cap to just under £2,000.

During his Martin Lewis Money Show Live broadcast on ITV this evening, Martin was asked by one viewer if now is the time to lock into a fixed rate energy deal.

The MSE founder explained that there are currently no open-market rates that are cheaper than the current price cap – but you may be offered a cheap rate from your existing provider.

https://www.mirror.co.uk/money/martin-lewis-issues-urgent-advice-27056182

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