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Martin Lewis issues the British urgent warning to change their energy bills today to save money

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Martin Lewis British has warned that they ‘have to repair energy bills today’ to save money, because there can be a number of worldwide economic changes. ”

The money -saving expert, 53, spoke to his live money show ITV On Tuesday evening when he received a question from the public about the Energiepijscap.

During the episode, Martin revealed that the current price limit will come down in July and that we will hear the announcement on Friday.

Although prices fell, the financial guru insisted on the public to remedy their energy bill instead of staying on a variable rate.

Martin unveiled by 10 percent in October by 10 percent, which amounts to around £ 1,700 a year.

It rose by another one percent in January and another 6.4 percent in April, which amounts to around £ 1,800 a year.

However, the price limit is apparently due to decrease in July by six to eight percent, which means that the prices back to where they were in October last year.

This means that households will be £ 129 less charged for a typical annual account from JulyAccording to Energy Consultants Cornwall Insight.

Martin Lewis has warned British that they 'have to repair energy bills today' to save money, because there may be a number of global economic changes'

Martin Lewis has warned British that they ‘have to repair energy bills today’ to save money, because there may be a number of global economic changes’

Although energy prices fell, Martin revealed that the cheapest fixed rate is 18 percent lower than the current energy price.

He warned that people in the United Kingdom should now protect their energy rates by switching to a more favorable deal and resolving their rate for the year.

He said: ‘Maybe you want to sit on the variable, but you can immediately save 18 percent by going to a comparison site, your use and region will depend on how much it is, so make sure you find the right one for you.

“If these predictions are good, it will fix you massively at the moment compared to what is predicted, there could be a global economic change, which would mean that things could change enormously.”

He claimed that people tend to wait for prices to come for fixed but explained fixes are based on future predicted prices.

He added: ‘If you have been resolved now, you will save 18 percent Tody and you will most likely undermine what the price limit will be for the following year. Short answer, solution. ‘

The price cap Limit the costs per unit of energy and are revised every three months by the Energiereregulator Vangem.

However, price decrease is not certainty, but weather patterns, gas storage rules, the war in Ukraine and rates can all Prices change.

The money -saving expert, 53, spoke on Tuesday evening at his live money show on ITV when he received a question from the public about the Energieprijsscap

The money -saving expert, 53, spoke on Tuesday evening at his live money show on ITV when he received a question from the public about the Energieprijsscap

During the episode, Martin revealed that the current price limit will fall in July and we will hear the announcement on Friday

During the episode, Martin revealed that the current price limit will fall in July and we will hear the announcement on Friday

It comes afterwards Martin warned British of the financial precautions to take abroad this summer.

He spoke about the summer special of his live money show on ITV, which was filmed in Aerospace Bristol.

Martin unveiled his top tricks for lowering the costs and the hassle of the Summer Evenes this year, including the ‘things you can do now to help when you go’.

The financial guru unveiled the best practices to assume when it comes to paying for items abroad.

When he released physical money before he left, Martin advised to go on a British travel website to find out which of the agencies gives you the best rate.

However, he insisted on viewers to never get money at the airport – because here gets the worst deal.

“Never get it at the airport,” Martin emphasized.

And with regard to the release of cash during vacation, he only said to visit an overseas agency De Change if you know there is a good rate.

Martin also discussed the age -old debate to pay in pounds or the local currency when paying via card machine during vacation.

After you have asked the audience for a hands shows, he confirmed that you should always select the local currency option while you get ‘horrible rates abroad’.

He said, “If you pay, and you pay in pounds, it’s the card machine or the ATM that makes the conversion and their rates are pants!”

Although card machines will try to pay in pounds, Martin said: “The reason they try to force you and be so aggressive is because it earns them more money, it doesn’t save you money.”

In addition to financial considerations, Martin emphasized the importance of checking your passport in date before you travel.

He also said that 1.8 million EHIC cards will end this year and those who are looking for a new one now need a ghic.

These cards give the holder access to health services abroad for the same price as a local.

However, he said that these should be used in addition to travel insurance, and not as a replacement.

GHIC cards can be obtained for free -although fraudulent websites will often try to succeed ‘fast -track’ deals.

Martin said: ‘You can renew for free. You may never pay for your EHIC or GHIC card. ‘

Often finding the best deals for vacations, especially as a family, will take a little effort.

The founder of Moneysaving Expert said Cancel (if free or cheap) and then booking can sometimes mean that you can end a better value deal.

Moreover, knowing your flight compensation rights can help you recover hundreds of pounds if a payment is needed.

Delays and cancellations that are the fault of the airline can get you back in your pocket.

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