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Martin Lewis: Is now the time to fix your energy bill?

Personal finance expert Martin Lewis considers whether now might be a good time to fix your energy tariff.

He says, “if you want price certainty, now is not a bad time to be looking at switching”.

Martin suggest consumers may look at three companies: “EDF with a two-year fix at 24% more than the current price cap, a British Gas one-year fix at 26% more and an EON fix at 30% more”.

He says, “to work out whether you fix or not, you need to work out what you’re paying over a one-year period on a price cap, in comparison to paying on a fixed contract”.

This content is originally from Nihal Arthanayake on 25 May 2022.

Release date:

Duration:

2 minutes