Money Saving Expert Martin Lewis has issued a warning to millions of people who have a British passport. The ITV This Morning Expert says people need to be aware of 'hidden' fees when renewing their passport.
31.03.2022 - 09:39 / ok.co.uk
As energy bills are set to soar even further as the cost of living crisis continues to pinch it can feel daunting to consider the arrival of your next bill. Next month, energy prices will increase by around 50% across the board affecting every user in the UK. Most energy firms are increasing their standard tariffs to the maximum allowed by the Ofgem price cap - £1,971 - from April 1.
So to get you in the best position to deal with the changes, tell your energy provider exactly how much gas and electricity you used before the Ofgem price cap increase. Get exclusive celebrity stories and fabulous photoshoots straight to your inbox with OK!'s daily newsletter. Speaking on the finale of The Martin Lewis Money Show, the finance expert said do this to avoid being overcharged for the months past.
"That way you draw a line in the sand that says to your energy firm, I've only used this amount at the cheaper rate," he said. "Don't start charging me more on the higher rate and estimating I use some of it afterwards." Always send regular meter readings, otherwise your energy supplier will estimate your usage and you could end up being overcharged. Once you've read the meter, you can usually email the number to your energy provider or send it via your online account.The cap sets a limit on the rates a supplier can charge for each unit of gas and electricity you use.
The increase is driven by a record rise in global gas prices over the last 6 months, with wholesale prices quadrupling in the last year. If you are really struggling you may be eligible to use a hardship fund with one-on-one help from charities National Energy Action and Citizens Advice. Elsewhere, an energy-saving expert Rob Bohm told This Is Money to remember to switch
.Money Saving Expert Martin Lewis has issued a warning to millions of people who have a British passport. The ITV This Morning Expert says people need to be aware of 'hidden' fees when renewing their passport.
Amid rising cost of living prices in the UK, houses across the country are doing whatever they can to save money on bills. With energy costs rising, heating our homes has become increasingly expensive, with many taking money-saving tips wherever they can to lower their bills this spring. Money Saving Expert Martin Lewis has now been praised after shoppers discovered a £35 SpecialBuy bargain from Aldi which will help to keep you warm for as little as 4p a week.
Money Saving Expert Martin Lewis has issued four ways you can stay warm all week without turning the heating on now energy bills have risen.
A strange conspiracy theory has been making its rounds on social media, leading to Money Saving Expert founder Martin Lewis to publicly debunk it.
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Martin Lewis has been the name on everyone's lips this week.
Money Saving Expert founder Martin Lewis has warned people not to break the law ahead of gas and electric bill increases after fans questioned him about their meter readings. From April 1 households all across the UK will see a sharp increase in their energy bills, but there are ways to mitigate the sharp costs.
Martin Lewis' frustration was clear to see as he appeared on This Morning on Thursday. It comes after a heavy TV and radio presence from the Money Saving Expert founder ahead of energy prices rocketing on Friday (April 1).
Energy company E.On has blamed the Money Saving Expert Martin Lewis for the industry-wide website crashes that are occurring ahead of the energy price cap increase tomorrow. E.On's said on Twitter that 'Martin has once again created unprecedented demand bringing down Britain'.'
Martin Lewis has been flooded with praise after he returned to Good Morning Britain with a historic special episode. The Money Saving Expert is no stranger to hosting the ITV news programme now having made his presenting debut on the show last year.
The Money Savings Expert has shared a handy tip which could help people with prepayment energy metres save money. It comes as the energy price cap is due to rise on Friday (April 1) by 54 percent.
Martin Lewis has beckoned people to look closely at the fixed rates on offer as the cost of living crisis spirals. The energy price cap will rise to £1,971 a year for the average household this Friday (April 1).
If you're paying your energy bills using a direct debit, then Martin Lewis is here with a warning ahead of the price hike.The Money Saving Expert founder has received a surged of questions from worried bill payers ahead of the price rise, which will see most bills rise by £693 from April 1. Martin, who donated £50,000 out of his own pocket after a This Morning phone-in, has been urging the government to do more to help people ahead of the rise, as well as providing a huge amount of advice for those in need. And he recent took to Twitter to address a question most have regarding their energy bills.
Money Saving Expert Martin Lewis has issued a warning to anyone who uses direct debit to pay for their heating bills.