Martin Lewis reveals whether you need to fix your energy bill now after record price cap
He predicted that the energy price cap could surge by 20% when it is reviewed again in October.
"Now of course anything can happen, but there ain't no market fix that you should be going for right now," he said on ITV's"Maybe some existing customers in certain circumstances with high or low use might find one... but the big message for most people is do nothing, stick on the price cap, don't fix."
If you don't think the price cap will rise again, you would need to find a deal that's no more than 44% expensive than the current cap. But if you do expect it to rise in October - as experts do - you should find a fix no more than 59% more than the current price cap, Martin said.those affected by the price hike and announced the poorest Brits will get an extra £350 to help them through the energy bills crisis.
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