Martin Lewis: On an energy fix - will what you pay DROP due to the new fixed rate energy guarantee?

Martin Lewis's new video briefing on how it works. Please share with anyone impacted
For more information visit our brand new Energy price guarantee guide: mse.me/3R1HvsJ
And you can sign up to our weekly email here: mse.me/IfQSuj

[@juefryer2078]

You don’t realise how much your support has helped so many people

[@domorewithsage]

How? It’s not support people need it’s action. He bitched about the prices that wasn’t going to change anything, it’s a new PM that’s made the difference. Martin is great but he’s not a policymaker and the energy companies aren’t going to care about his rants, simple as.

[@jmeheliboy]

@@domorewithsage HOW ? he has explained to every one what's happening, what the best thing to do is, giving people some form of guidance. not just making belittling comments of you tube,

[@cloudstrife206]

@@domorewithsage he personally has made an absolute fortune

[@alanhat5252]

@Jue Fryer, I think he does realize

[@Penfold-zr2be]

@@domorewithsage if people like Martin hadn't raised a furore about it the Tories would have done naff all.

[@goozerman1]

lastweek a meter reader came out, today i got my new bill my cost has doubled, i was paying £120 a month, as of next month its £245 a month, im house/wheelchair bound live alone my only gas use is my boiler, electric use only ever one light on but laptop on 24/7 needed depending on how well my morphine is kicking in, i charge my electric wheelchair daily, the only heat i use is a small heatpad, and my phoneline for telecare support theres nothing left i can cut, ive looked at these electric wraparound blankets cost about £40 not sure on daily cost, bring on winter, not to worry these big energy firms making record profits or the supermarkets never ending price rises, many wont get past winter.

[@alanhat5252]

My supermarket 80 Watt electric blanket would take just under 2 units a day/58 units a month on full 24/7 but I've never needed 'full', it's normally on its lowest setting & under a thick duvet. I've had it several years & I live on my bed because I'm in a campervan. I don't know how it would last if it was on all day though, I've not tried that. Best of luck.

[@alanhat5252]

For those reading here this is very very real, the attrition rate among disabled people since the Torys got in 12 years ago has been staggering, not only down to Iain Duncan Smith's benefit 'reforms'.

[@stephen3654]

That sounds too expensive even at £120 unless ele tric wheelchairs are very expensive to charge?

[@kevinsyd2012]

@@alanhat5252 IDS's reforms now mean that those who really need support still get it, but those who do not need full support, get less. What's wrong with that?

[@rogerdempsey7149]

Martin, I fixed my rate at the beginning of August with Scottish Power, for 1 year, at a typical yearly use of £3,300 as my old fixed tariff had come to an end (was £1,120 per year). I did this knowing the rate predicted for October was going to be around £3,300 so thought it would be best to fix as predictions for January and onwards was going to be higher. As soon as the government said it was fixing at around £2,500 I realised I was paying more than the current fixed cap so asked to cancel my fixed rate (which had penalty cost but stated if you change supplier). To my relief Scottish Power cancelled my fixed rate and put me on the current fixed rate which is saving me £100 per month, untill the new fixed rate starts in October. Very happy with the service from Scottish Power

[@maejohl]

I am with Octopus. Was on the Avro variable rate (after they were taken over when Avro went under). On the MSE calculator advice I moved in late August to an expensive fixed rate (but looked that over time would be cheaper than the huge rises coming in). I also saw that this fix was not time-limited - I could drop out of the fix whenever I wanted, without penalties. With the new price cap, I contact Octopus today to ask to be put back onto the variable rate - they did it immediately, no questions asked. I have to say that Octopus really is a breath of fresh air when it comes to communication: send them an email, get a reply within a working day. (Had this twice now). And no, I am not an Octopus employee or related to anyone in that company :D Just wanted to share my experience if it helps others.

[@Thetoon25]

Me too. I wish I move to octopus years ago.

[@brightbluesmurf]

Wait till you have a smart meter issue then they are painful

[@Thetoon25]

@@brightbluesmurf don't want one and never getting one

[@gazzrobb2366]

I’ve been emailing octopus since last Friday still not had a reply

[@wotireckon]

If we're (almost) all going to be on the same rate, it makes a lot of sense to switch to the highest rated (and most forward looking by miles) company. Octopus here I come!

[@clusterbungle]

So glad you have clarified this! I'm very lucky to have fixed on a cheap deal 2 years ago (because of your advice Martin so thank you!) Knowing I'm in a very fortunate position I haven't dared mention my concerns to anyone, but I've been fretting over whether my cheap deal would actually be raised to match the new price guarantee rates. Such a relief to have this explained so clearly now. Not looking forward to when my fix ends in May but at least I'll have benefited from the cheap rates for just about as long as I could

[@vojtechpilar5809]

Good for you. My fixed rate ended 2 weeks before the first price increase happened in March so I and my family have been enjoying the new prices since the day one.

[@hmq9052]

Martin is great and everything, but he can't give you cash. I can

[@craigbaxter4842]

@@vojtechpilar5809 Same here, my previous fix ended at the end of March😣

[@philangell1403]

You deserve a bloody knighthood Martin. Good man! Cheers.💪🤛👍

[@lmcast3792]

Thank you Martin Lewis for everything you do

[@travelwell6049]

Thank you so much to the wonderful Martin Lewis. 🙏🏽

[@johnsonjan]

??? Thank you. I’m one of those who pays £1 coins into a meter to pay my landlord for my electricity usage. Please let me know how the government will help us. So far I’ve not heard anything other than vague assurances. Please find out for us. Who will pay us and when will we be paid? I’m elderly, disabled, and worried sick Thank you for everything you do. You’ve saved me a lot over the years

[@suzannenichol6077]

Yes that was my question too.

[@marcusherts9345]

A price cap is what France got at 4% What we got is a price hike, Cancel your direct debit, make a formal complaint about the price increase, do your own readings, & pay what you can afford every month, manually…I’ve been doing it for 20yrs..

[@esecallum]

they will put you on prepayment meter or update your evil smart meter to prepayment unless you can shield it with a wire mesh

[@marcusherts9345]

@@esecallum you can refuse a smart meter, or have one removed, for a regular one, & you can refuse to go on a prepayment meter on the grounds it’s more expensive..

[@diannejones3021]

Very clearly explained. Thank you for all your hard work on this unimaginable situation!

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝..

[@sandydobbie1255]

Thanks for all your efforts Martin where would we be without your intervention and knowledge !!! Once again thanks Martin you are a wonderful human being helping everyone in hard times !!!

[@melvinp1324]

understand his part of the agenda - this is corporate capitalism where govt work with corporation to make us skint - its all there in the 2030 agenda - martin works with govt - govt own ofgem

[@colinsmith3938]

got to love a man who is worth 130 million trying to save us a few quid on our bills they are going up and theres fuck all you can do about it

[@alanhat5252]

@@colinsmith3938 he _has_ done something about it though, he's hassled politicians & appeared on Select Committees again & again & again & now they've backed down (a bit). He's not on his own though, the "Enough is enough" & "Don't pay" campaigns & others are on our side too.

[@alanhat5252]

@@colinsmith3938 yes we _can_ do something, we can join all the campaigns starting with "Enough is enough" & "Don't pay", we can write to our MP's, we can protest (beware Priti Patel's new law though). Donations to the Good Law Project will be helpful in the long run too.

[@neilbland1701]

Thank you so much for this Martin, with this and EVERYTHING you have done in the past and also in the future, myself and the country "Thank You" for all your time, devotion, dedication and caring and looking out for us all. Cheers.

[@slimriddim4145]

Thank you Martin, a voice of clarity in a world of fudge!

[@tvathome562]

Seems like they doubled the bill since last year and made us feel relieved that they didn't quadruple it. Edit: There's actually a Marketing term for this. Decoy Pricing, I'm sure its been called by many other names throughout history as well. But like other people commented, I'd rather be paying double than the proposed increase.

[@domsumner7307]

Yeah, still not good enough. They are still taking the piss

[@montynorth3009]

Exactly. 27% is much better than 80% but far too high at 3 times the rate of inflation. Meanwhile in France,the increase is 4% compared to our 54% cap increase in April, plus the 27% now, totaling 95% compounded.

[@essanjay8604]

True but I'd still rather have double than quadruple. Its only mid September but the evenings and early mornings are already getting too chilly for my liking.

[@louiselill1528]

Thank you Martin what we do without you

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@ItseezeWebDesign]

I earn good money, I live alone my DD is £60 per month and I’m currently using £30 per month, I’ve got solar panels but I’m preparing to be in the dark and to get cold this winter because I refuse to give the thieving energy companies one penny more than I have to! I’m stubborn like that! Roll on the spring and summer 23, hopefully I won’t freeze to death before we get there.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@marionmarshall8438]

Found you mentioned on pmp, so glad that I now understand the price cap. Thank you.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@bob23301]

Lewis is the hero we needed in these times.

[@colinsmith3938]

got to love a man who is worth 130 million trying to save us a few quid on our bills they are going up and theres fuck all you can do about it

[@alanhat5252]

@@colinsmith3938 there's no need to spam your negativity, there _are_ things we can do if we act together.

[@jamesandrew1750]

If Martin was explaining petrol prices.. 'its not a limit on what you will pay, its only the rate, the pence per litre rate that is being fixed, if you drive 10,000 miles and another person drove 100,000 miles, they would pay 10 times more, yes you heard that right 10 TIMES MORE!, I'll say it again in case people didn't understand, its the amount you pay per litre, that's every litre that you put in your tank, not the total you'll pay in a year, not a maximum you will pay, its just the rate' thanks Martin Lewis for explaining this in every video.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@simonshaw4087]

If ever man deserved to be knighted it's Martin Lewis. He has more integrity in his little finger nail than any politician I can think of.

[@KlausRockwell]

Well done Martin. Your diligent work on this is saving lives.

[@BeFree-BeFrugal]

Thank you Martin for your relentless quest on behalf of us all

[@rgraham239]

Thank you ever so much for helping us all through this crisis, and making it more understandable.

[@stephenvarga6193]

We appreciate all your efforts Martin. The problem remains though that we are still paying more than double than we were last year, even factoring in the £400 from the tax payer. For many of us our incomes haven't increased to accommodate the cost of the higher energy bills and all its doing is forcing many to either eat into our savings or putting the bills on our credit cards. In both cases, it's still causing financial hardship for many. I think a video on how to prevent financial hardship (remember this is affecting many working people too who may not necessarily entitled to any benefits). Yes, it could have been a lot worse, but paying double from last year is still catastrophic for many and therefore the problem remains unresolved. We also need to investigate who ultimately benefits from those massive increases?

[@melvinp1324]

understand the agenda - they gave away billion in the health crisis when there wasnt one - this energy crisis the same - the 2030 agenda is you will own nothing - and we go from capitalism to corporatioon capitaism - basically they own us and we do as they say -= come on you people are so thick

[@alanhat5252]

Who benefits? The gas/oil producers & the MPs who are getting kickbacks for not putting in windfall taxes. At the moment the gas companies seem to be just sitting on the money because they're still not sure there won't be a windfall tax, but it will be sitting in high-interest bank accounts so they're not going to lose out totally if it does get clawed back. A cheque for a £million lodged overnight at the Bank of England gains an awful lot of money & they've got £billions to play with.

[@melvinp1324]

@@alanhat5252 the govt have been sold out - the policy is made by WEF - look at the agenda and how its rolled out globally they are pushiing by 2030 thta is will move from capitalism - we can spend what we want to Corporate capitalism they make the decisions for us ! you arer so lost with how this works - the uk and all other global countries are trying to ruin the economy on purpose so they can build back better once cash is gone and the GBP and dollar it will be run from a central digital bank CBDC - thats when we move to corporate capitalism ! please do the research as we will all be Fuccced

[@esecallum]

british gas profits from 200 million to 1.3 Billion.. 6 TIMES

[@esecallum]

REMEMBER even shareholder in energy companies are being shafted by the 10% inflation which will eat into savings and capital and wages. if you have 20k in bank only worth 18k

[@mohmda4449]

Nearly 30 years of working 60 hours a week, thrifting to point of looking like I'm homeless, and I'm worse off than those on full benefits and cash in hand jobs. In England the cheats are rewarded and honesty get punishment. Age makes a person very bitter but I'm paying for other people to stay warm who have drug money range rovers , yet I'm having put the whole family in one to stay warm. Seriously what's going on.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@sarahg2072]

Thank you so much Martin, you really are an angel!

[@georgeridley6992]

Many thanks Martin. I have been taking your advice, up till recently, on the radio, but now I’m happy to see you visually, it’s nice to put a face to your voice. Best Wishes in all you do.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@AJJ500]

Thank you for everything you and your team do Martin 👍

[@pfp200]

Thank you for all you are doing Martin to help with our fuel bills.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝..

[@gnothiseauton8684]

You’re an amazing human being- we appreciate you sooo much Martin-we can never repay you

[@eliakimjosephsophia4542]

Martin thank you for giving us regular updates on this. Have you ever provided a video on Pet Insurance? It's something that I am having to take a look at.

[@paulwhittaker5195]

Thank you to you and your team for everything you have done and doing for us all. I for one feel a little better now.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@Philrwitt]

thank you for all your help

[@armor1303]

At last some one gave me a clear understanding of this. Thank you sir 🙏

[@marymcknight3252]

Thank you and your team for all the advice it is invaluable

[@lorraineshorrock1284]

thank you for all your time and information shared to us

[@D47JoyUnited]

You've always got our backs, power to you, I love your advice and your channel is brilliant.

[@bikerchrisukk]

Thanks for this Martin. I got the new rates for 1 Oct (inc VAT) with SoEnergy: Electric Standing 41.65 going up to 42.67p Electric Unit rate 29.48 going up to 35.31p Gas Standing 27.21 going up to 28.47p Gas Unit rate 7.31 going up to 10.28p

[@eddierushworth8216]

Brilliant stuff Martin , i think i'm one of the few that fixed recently so this is great news , thank you so much for still fighting the fight 🙂

[@pamgully7388]

Very helpful, thank you, Martin.

[@shanedesaram]

Thank you, Martin - super informative and relevant.

[@ronwhitehouse23]

I know Martin is a great guy but all this information is as clear as mud to me.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@Tymmz]

You are amazing! Thanks!

[@sashafield8312]

What would we do without you Martin.... thanks 🙏

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@michaellupton1593]

Martin, thank you so much for providing clarity on this issue. You are providing a great public service to us at this difficult time. In an ideal World our Govt would provide such clear public information...for whatever reason they appear hopeless.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@carlbarton772]

Amazing help, thank you.

[@MrTheg2009]

Excellent work Martin as always

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@sharonpettman1274]

Thank you Martin for explaining all this 👍

[@maggiew8975]

Thank you Martin, thank god for your input.👏👏👏

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@AB-kv6qx]

Martin, THANK YOU!!!

[@Fluffski2006]

Thank you Martin.

[@rwiliamson8051]

Thank you, Martin.

[@susanmason6476]

THANK you Martin ,

[@Rapid_GT]

5 months on and from April the government scheme ends and cap increases to £3000 to compensate for the fact everyone uses less energy in warmer months, so all the help we had will now be effectively taken back! Marvellous

[@taniafabregas9551]

Thank goodness for the good news. I’ve been worried for months

[@joanna-k]

Finally I get it...thankyou Martin

[@susanbaynham-evans8453]

Thank you 🙏

[@PC-vg8vn]

It's an absolute disgrace that NOTHING has been announced regarding those millions of homes that use OIL central heating, not gas. I am one of those. I can only assume that they will fix the cost per litre of home heating oil and the difference will be claimable from the government by the oil distributors who deliver the oil to homes. Currently that cost is more than £1, triple what it was a year ago. Please put pressure on the government to provide the details for those using oil, and how that works with electricity bills which are separate. I am putting off ordering any more oil until we are given clear information.

[@D47JoyUnited]

Thank you for explaining this its so important

[@Mark-mu4pj]

Thanks Martin

[@DF-dd5nf]

Lewis Martin, thanks a lot for your amazing information. We all love you soooo much. You are really helping people. We are all grateful to you.

[@woofpet]

Thank you, thank you, thank you!!! 💋

[@oumuamua1963]

The issue is will we have power cuts. I can't see people cutting down usage if it's actually cold

[@GT380man]

Indeed. It’s essential to the elites that you take one of the delightful options in front of you. 1. Remain at home & go bankrupt. 2. Move into warmth refuges. The WEF fronted evil perpetrators of COVID, fuel & food prices & supply intermittency & ultimately to the UN2030 sustainable development goals, are our adversaries hiding in plain sight. It’s 6uild 6ack 6etter. You don’t need to believe in God for Satan to exist. You simply won’t realise it, because you’ve lost awe & are trained to believe everything is subject to logic. You’ll know good from bad, like picking a house, car or piece of meat. It’s the wrong question, the wrong sending faculty. What’s starkly obvious to me now, and it definitely wasn’t even visible to me in 2019, is that astonishingly, Satan is today in evidence everywhere yet most have banished the divine, God, from their daily spiritual existence. You’ll cling on to vain hope that things will return to normal. It won’t. If you knew what a few of us worked out very early, during spring 2020, that the entire Covid event was a psychological operation (PsyOp), you’d appreciate that this could only ever have been about totalitarian control and ultimately massive scale depo*ulation, using fake vaccines as the slow acting lethal injections. To those fighting, I salute you. A privilege to battle alongside you. To all the others, asleep, or in denial, or fully aware but counting their shoelaces, enjoy your boosters. You’ve permitted a few thousand people lye technology, plus corrupted people & institutions globally, to have all but succeeded in their global coup d’etat.

[@johnbellamy6449]

thank you Martin.

[@samantha392]

Martin we had a gas leak in the basement which went undiscovered for some time. My September quarterly bill was £678.00. Home insurance doesn't cover it. It's a Victorian home 130 year's old, gas pipes do deteriorate. If this happened to me when the prices are hiked further we would not be able to pay it. Can you warn people to check their pipelines or get them inspected if in an old house? It might save someone the same heartache. I think people might assume their house insurance will cover it, but it only covers explosion etc. Thanks for all you do for us 🙏

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@katkat7261]

Thank you for being a 'people supporter'. You are one of a few people who really wants to help ordinary people like me, who highlights injustice, wants changes and provides advice.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@Latbirget]

Thanks Martin. I did a fix with British Gas on 5 September and I have been able to leave without an exit penalty. I'm now on the standard variable and so I should be able to take advantage of the price freeze.

[@essanjay8604]

I just missed the end date to fix and now I'm glad! It's been pretty stressful trying to work out the best course of action.

[@barrydouglas387]

Great info thanks Martin 👍

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝..

[@Slycockney]

Your passion is beneficial to us all, thank you.

[@AutisticAwakeActivist]

Thanks for previous benefits advice i was back paid EDP for 3 years £9842. I realised this after reading a different benefit post and because im on my own i was allowed this which i only realised then . Tecnically i was ripped off over £100.000 as 2 disabilities was misdiagnosed one for 8 years and one for all my life. Im autistic and probably ADHD autism is confirmed and i served in Bosnia 🤣🤣 and worked to burnout and degenerative prolapsed discs

[@nickbrown6457]

I literally don't know where we'd be without Martin and his team fighting for us. Thank you.

[@Pegaroo_]

I do wish you would talk about the unit prices and standing charge rather than the typical use price the ofgem use. I understand that you think people are used to hearing about the average cost but while I understand the it's going up again bit, at the same time it means nothing. I'd rather hear the standing charge is going from X per year to Y per year and the unit costs from X per unit to Y per unit. The ofgem typical use them makes it sound so wibbly wobbly timey wimey (my favourite episode ever if you get the reference) which is to say I have a concept of what it means but it doesn't mean I understand it

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@williamkennedy5492]

Standing charge is a rip off too.

[@RSLtreecare]

Thank you. I will have a look at pay as you go British Gas and see what they say. I had a message from them a day ago, say they will let us know...do try and connect us. Cheers for your hard work.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@NanoByteGhost]

Thanks Martin.

[@eddieharkin2550]

Thank you.

[@Fifty1stState.]

Thank you for your information and updates, you seem less stressed since the government made the announcement. I did MSE's calculator a few weeks back and it made sense to jump to a fixed rate. Since the new "price cap" it now makes sense to move back to the standard tariff - One email and Octopus sorted it 😀- I have a question about Economy 7, But I'll post that on Twitter, once again thank you for making these videos and waking the powers that be (no pun intended) up!

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝..

[@nicedreams7144]

Your a legend thank you

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@acheface]

Top stuff Martin.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@adriansams6066]

I took my own advice last August when my fixed rate ended and did 3yr fixed rate with EDF on their "easy online 3yr fixed " deal which is £0.21p per Kw hr for Electricity and £0.0399p Per Kw hr for Gas. I saw this coming and told a few friends but no one took my advice.We will get the £400 from the Government but the elephant in the room is ,this money is debt and will need to be re-paid so all those people who think it's a win win position, it's not. Add this debt to the COVID debt and the already existing massive debts we have I can say with some confidence..............The UK will default within the next 20yrs. "I don't give a f***" I hear some say well good for you but if you have kids then you've just f***ed their futures.

[@rsmickeymooproductions4877]

Yes, you are right. All these hand outs will eventually have to be paid back. Government are gambling on growth rates in the future, but we are in a recession which will last longer than most folk think. This country has been badly managed for years because of political dogma. It's going to get a lot worse I am afraid.

[@cliveosborne8195]

The scroungers arriving in Dover every day are adding more to our debt a lot more than the £400 so no I don't give a flying f***.

[@busdriver6278]

I think you will find.. The plans to pay back these manufactured debts are already in hand! The ruling body (WEF) private banks etc.... Have already made public their plans on how the debt will be paid back! If you dont already know.. Then you are a/ bloody ignorant.. or b/ in for a huge shock! And yes our childrens future is slavishly bleak.....

[@willsfinancial8506]

Got the 3yr fix with EDF, slightly after you due to a Martin Lewis show. I think we will be sharing in the debt that needs to be paid back. Could be a tax increase ?

[@mightymike2192]

@@willsfinancial8506 Me too. I'd be surprised if I make it to the end of the term without EDF changing the deal.

[@lifeonanotherplanet]

Thank you 👍

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@michelleharding5180]

Many many thanks for explaining,most appreciated 👍👍👍

[@janesmith1384]

You deserve a knighthood for this 🙏🏼 #SirMartinLewis

[@grumpy-dad3701]

I'd say Martin for prime minister.

[@SCAM-BUSTER.777]

@@grumpy-dad3701 He says he hasn't got time to do it because of family commitments. Sorry.

[@PF-gi9vv]

Martin is a puppet for the government, I don't get how people don't see it. He's told you its Russia fault for the price hike. This hike started before the war. If he was a true honest man, he wouldn't tell lies for our government and would tell you this was all thought out in the G7 summit in Cornwall 2021. It's your green tax ladies and gentlemen.

[@SCAM-BUSTER.777]

@@PF-gi9vv Hello Russian Troll.

[@anonnymous4684]

I know it's some way off now, but I'm curious to know what will happen when the government subsidies end if the prices haven't returned to manageable levels. It's simply untenable for this sort of support to continue indefinitely. We need to to have a long term solution in place so we're not on the brink of this parlous situation again.

[@GavinLawrence747]

what you mean like actually calling for peace talks and getting Russia and Ukraine to hammer out a settlement so we can all get on with our lives?

[@RAFchurchlawford4469]

@@GavinLawrence747 Exactly! Jaw-jaw is better than war-war, as Churchill once said. Boris was doing the opposite!

[@sylsuthss]

Really wish folks could remember this has nought to do with the situation with Ukraine and Russia, all to do with the stupid target for 2030... Awesome Green energy which this country cannot seem to produce enough of. Prices were going up way before this war

[@richardturnbull6333]

Cheers Martin

[@johnbewick6357]

I am a pensioner and am unable to speak to anyone on the phone. I find this all too confusing. As one of the most vulnerable groups of people in the Uk how am I expected to know how to do anything that you suggest. I am only just able to send messages such as this, so trying to find out how much my current tarrif is, let alone finding a supplier who can offer a better deal is way beyond my abilities. Am I just meant to freeze to death this winter, while the computer literate, and mentaly stable prosper in luxurious warmth. I am too scared to even run hot water in case my gas bill is more than I can afford.

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝..

[@eleanorchecketts5424]

Amazing man 😊

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝

[@issiewizzie]

Bless you

[@daviniarobbins9298]

Just checked my EDF electric account this morning. Nothing about them wavering the £150 early exit fee as of yet. Am paying about 41p a kwh for my electric. Could save £140 a year by switching to the variable rate but the £150 exit fee cancels out completely what ever savings I would make. Can't afford to lose that £150 off my balance, am on smart pre-pay. Dammit, if I knew this price guarantee cap was coming I wouldn't have panicked and switched to a 2 year fix on my electric when they offered me back in late July 40.92p a kwh and 49p standing charge. My monthly electric bill at the moment is £73, if I switched to the variable it would be £62.

[@whatsapme2218]

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[@anglosaxon361]

Thank you, so all companies will e charging the same so much for competition?

[@livingthegoodlifeinwales]

I fixed my tariff in about October, I think, until August next year but still not quite sure if I'm on the bottom or middle range re the reduction. I do know I'm more fortunate than many people and for thst I am very grateful indeed.

[@whatsapme2218]

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[@timbounds7190]

Thanks for all the info you are putting out on this. If you weren't doing this, who would be?

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝.

[@azualbet3805]

Thanks. That confirms it then I will ask eon to put me on their standard tariff come October as their fix is way above the cap price

[@whatsapme2218]

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[@bill-2018]

Right, thanks I get it now. The price cap fixes both the standing charge and the price per kWh used. When they kept talking about an amount of money going up from this old amount to the new one, is what confused me. Why couldn't they just say it the way you said it.

[@monk3yboy69]

They did . Sadly they just like to complicate it. But you will struggle to get the unit rates they are offering I can assure you. Has anyone told us what the Standing charge will be or the max PPKW they are going to charge. And your energy company will tell you that is the average …. So you might just find you are still being overcharged. Pay attention…..they did this after April

[@135Ops]

Thanks Martin, excellent info, much appreciated.

[@garrywestwell]

Thanks for this Martin… Why do we pay two charges to access gas/electric? Why is there a standing charge, what is this for apart from making money for the suppliers?

[@johnd6487]

That’s a can of worms question - they were on about it on ‘You and Yours’ a few days ago. The standing charge is intended to cover the fixed costs of supplying you with power - the cost of the cable/ pipe network, the cost of giving you a meter etc. (Let’s be blunt, one way or another, no one else is going to pay for your electricity meter). Now though, they’ve lumped in a load of extras like the costs of sorting out the companies that went bust, hence the sudden massive rise.

[@idrisibrahim6950]

Thanks Martin. You’re doing the job of labour politicians. They should tune in and learn how to represent people in difficult times. 😡

[@googlecontrolled]

They still get all the money they were going to increase it up to. The taxpayers is being milked via the government with interest over a long term period. So basically if you pay tax you are going to end up paying more back long term than if you paid the leccy bill when you were supposed to. Its a con trick the energy companies are only too happy to go along with as they are guaranteed full payment plus interest and no risk of mass non payments by the customer. Only people who win are the energy companies and non tax payers as usual !!! And your thanking him 🤔

[@roberthuntley1090]

Does the same principle apply to standing charges? I fixed in April, and 3 of the four charge rates are below the new cap so won't benefit. However, the gas standing charge is much higher (14p per day) than the new cap so is it likely to reduced?

[@whatsapme2218]

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[@jaimecosta2966]

I don't leave in UK saying I have family living in UK.. Brilliant video well explained

[@whatsapme2218]

👍👍 Thanks for watching Let's talk now 🔝🔝..