Sheffield news Martin Lewis warns there's only one thing left to do with 'no fixes available' PremierLeague-News.Com

PremierLeague-News.Com - The money saving expert says the situation is 'bleak' for the 'squeezed middle'

Sheffield news Martin Lewis warns there's only one thing left to do with 'no fixes available' PremierLeague-News.Com

PremierLeague-News.Com - The money saving expert says the situation is 'bleak' for the 'squeezed middle'

Sheffield news Martin Lewis warns there's only one thing left to do with 'no fixes available' PremierLeague-News.Com
22 November 2022 - 20:46

PremierLeague-News.Com - Breaking Sport Transfer News ! Martin Lewis has warned energy customers that there is only 'one thing left you can do' after revealing the 'bleak' news that there is no cheaper fix to switch to and energy bills are going to go up by an average of another 43% before next winter. The money saving expert gave the unwelcome news during a segment on the state of the energy market on the final show of his current ITV Martin Lewis Money Saving Expert series on ITV1 on Tuesday night. He took viewers through exactly what is going to happen to the energy market in the next 12 months or so - and painted a pretty grim picture. Read More: Woman gets £18,000 HMRC cheque after using Martin Lewis tip Co host Angellica Bell described the mood as 'bleak' as Martin Lewis advised that the average energy bill will rise by 43% by next winter. He also said viewers have been asking whether they should fix their bills, but he said there are 'no fixes' and there is 'nothing you can switch to'. He told viewers that because the energy market is currently being controlled by the government through the energy price guarantee scheme, the price is the same no matter which firm you're with, so there is no switch you can make. Martin Lewis has warned there is only 'one thing left to do' as energy bills rise 43% again (Image: ITV) Martin then went on to explain the 'only thing you can do' to try to slow soaring energy bills. He said: The price has nearly doubled this winter to last winter, and it will be going up again 43% on average next winter." He explained an average household bill hitting £3,000 for gas and electricity. So if you use twice as much as an average house, your bill will be £6,000. Martin added: "It would be wonderful if you could fix but there are no fixes. There are no cheaper deals. There are no meaningfully cheaper tariffs that you can switch to. There is nothing you can lock in to prevent yourself paying more in the future.

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. Those are the prices that you will pay unless the price cap drops. Martin Lewis explains what's happening with the energy crisis in the next 12 months (Image: ITV) "And I think for the foreseeable future I don't see switching tariffs coming in. Maybe by the end of 2023, or the start of 2024. Certainly there's nothing imminent but I hope to be wrong on that." Angellica Bell described it as bleak and asked what people who don't get cost of living payments can do. Martin replied: "It's very difficult. There are very few tools. The only one that is left is improving the insulation in your home, improving the energy efficiency of your home and changing your behaviour to reduce your energy bills. That is all that is left. And there's lots of different ways to do that. That is the only tool left in the arsenal. "For those in the squeezed middle, you’re not getting the cost of living payment, I'm afraid it's all about your usage, lowering your usage is all you're going to be able to do." Read next: Meet the Yorkshire family with 130 cats who have converted their house into rescue centre The Sheffield pub run by longest serving father and son where staff and customers never want to leave 'What happened when I tried to buy 30 eggs from Aldi, Tesco, Lidl, Morrisons and Sainsburys' Yorkshire 'kind and caring' mum died aged 39 from 'silent disease' Get breaking news by email by signing up to our newsletters

Source = PremierLeague-News.Com

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