Martin Lewis spoke to Holly Willoughby and Philip Schofield today about energy bills. The MoneySavingExpert made an appearance on ITV’s This Morning to explain that Britons could save hundreds of pounds. Lewis told audiences that by using comparison sites people could find great deals.
Martin Lewis explained that often when comparison sites are used it’s only small providers which are displayed which many people are nervous about switching to.
However, the Big Six energy providers have now also dropped their prices - but only for those switching.
Those on a standard tariff are paying £1,178 a year but with British Gas you can now save a whopping £220 a year and pay £907.
However, it’s key to remember that these offers are not available by ringing up.
Customers can only access the deals if they use price comparison sites.
Lewis pointed out that this allowed existing customers to switch and that the only difference is price.
Britons must have a smart meter to make the most of the offer, however. If they do not have one, they’d need to get one fitted within three months.
“If you’re one of those people that’s too scared to switch, go and compare,” urged Lewis. “You can save a massive amount of money.”