The charge requires energy companies who acquire a new customer to pay compensation to the previous supplier
Martin Lewis has issued a warning to his fans, saying that he is "not pleased". The founder of MoneySavingExpert has spoken out on X, previously Twitter, following Ofgem's announcement that the Market Stabilisation Charge will come to an end next year.
He typed on X, formerly known as Twitter: "Pleased to hear that @ofgem is finally to stop the market stabilisation charge which is a barrier to there being cheaper marketwide tariffs to switch to. Not pleased to hear it won't end it until March 2024.
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