Consumer journalist Martin Lewis has suggested it might be worth investing in fleece-lined hoodies and blankets ahead of the energy bills rise expected this winter. The expert, although he didn’t name any brands, said the home comfort could save you turning your heating on this winter and therefore accumulating energy costs.
Martin Lewis warns you could be charged £273 for limiting your energy use
08.09.2022 - 00:33 / manchestereveningnews.co.uk
Money Saving Expert Martin Lewis has warned that Brits can be charged £273 a year without using any energy at all. With energy prices rising at an alarming rate, many people are being forced to choose between heating their homes and eating.
For some, the crisis has become so life-threatening they have been forced to turn essential appliances like fridges and freezers off in a bid to save money. Others have cut down on TV use, washing clothes and cooking.
But Martin Lewis says that even if you use no energy at all, you can still be charged £273. He explained how everyone has to pay a standing charge on their energy bill.
READ MORE: Lidl facing furious shopper boycott after issuing £350 warning for all stores
The standing charge is a fixed daily amount you have to pay for energy, no matter how much you use - it covers the cost of being connected to the grid. Speaking on ITV Good Morning Britain this morning, Martin broke down how much this charge per year is climbing to from October.
At the moment, the average daily standing charge for gas is 27.22p and this is rising to 28.49p in October. The average daily standing charge for electricity is 45.34p, rising to 46.36p.
Ofgem last week confirmed its price cap - which is how much energy companies can charge you per unit rate of gas and electricity - will rise to £3,549 a year on October 1. This is for those on default tariffs paying by direct debit and marks a rise of £1,578 - or 80% - from its current level of £1,971.
For those paying by prepayment meter - typically vulnerable households or those struggling to pay for their energy - there is a bigger jump from £2,017 to £3,608. Standard credit customers - so where you pay once you've received your bill - will see their price
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