Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Independent TV

Showing now | News

'There is no cap': Martin Lewis warns amid energy crisis

00:48

'There is no cap': Martin Lewis warns amid energy crisis

Martin Lewis has warned that there is "no energy cap" after Liz Truss repeatedly claimed in interviews with local BBC radio stations and CNN that "nobody" will pay more than £2,500 in energy bills from 1 October.

"There is no cap of £2,500... If that was the statement the prime minister made, it's a miscommunication repeated in many areas of the media," Mr Lewis said.

The MoneySavingExpert.com founder explained on Twitter that the cap limits the daily charge and unit rates.

"Use more, pay more. £2,500 is just what someone with average use would pay."

Sign up to our newsletters.

Up next

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in