The Money Saving Expert has issued a stark warning to households as the price cap is set to rise by 12 per cent in October after dropping seven per cent in July
The star of ITV 's The Martin Lewis Money Show, who is a familiar face on programmes like Good Morning Britain and This Morning, has issued advice on his latest BBC Sounds podcast.
He continued to express his concerns about the system: "It's a moral hazard that reduces the impact of reducing your usage on your energy bills, because you have these fixed daily standing charges. I've been campaigning to get them lowered. Both Labour and Tories have now spoken to me and said if they're elected they will work to lower standing charges - we'll see how much they deliver on that.
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