Martin Lewis recommends households consider fixed energy tariffs as Ofgem announces a 6.4% increase in the energy price cap, effective from 1 April, potentially saving money in the long term.
The energy price cap is set to increase by 6.4% from April, raising the average annual bill to £1,849. Martin Lewis advises considering fixed energy deals to mitigate costs, amidst warnings of rising energy debts and additional household expenses.
Millions of households in Great Britain will see their energy bills increase by 6.4% from April, as Ofgem raises the energy price cap to £1,849, reflecting global wholesale energy price surges and inflationary pressures.