Martin Lewis calls energy cap 'irrelevant' as bills discount set to end with price rises expected
Money Saving Expert Martin Lewis has called the energy cap "irrelevant" as UK households face increased energy bills from April 1 despite the energy cap being lowered. The money guru explained his reasoning on ITV's Good Morning Britain as regulator Ofgem announced today that the figure suppliers will be able to charge will drop from £4,279 per year to £3,280, following a recent drop in wholesale energy prices.
READ MORE: All DWP Bank Holidays dates from Easter to the Coronation for Universal Credit, PIP and Child Benefits in 2023 This was raised to £67 from December and continued in January and February. March will see the last of these discounts however. Due to also end in March is the £150 discount on bills has also been available under the Warm Home Discount Scheme for people who receive the guarantee credit element of Pension Credit or who are on a low income.
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