UK Money Saving Expert Martin Lewis has issued an ‘urgent’ warning to Brits as he explained the new Energy Price Cap.
Speaking on his Twitter today, Martin Lewis revealed that the average Brit will see their energy and gas bill fall by 17% this July.
However, the cash guru and Good Morning Britain presenter warned that Brits should expect their direct debits to reflect this straight away, rather it may take some time to make the alteration.
Mr Lewis went on to explain that this July marks the first time since last that the government will not be subsidising energy bills to help with the cost of living.
This is because July will see the average energy bill fall below the government’s energy price guarantee scheme.
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