The Money Saving Expert founder has issued a warning to 'existing' Octopus Energy customers after the new Ofgem price cap was confirmed ahead of October 1
Money saving expert Martin Lewis has issued a warning for "existing" Octopus Energy customers, off the back of the latest Ofgem price cap announcement in anticipation of October 1. Speaking directly to his audience through the Money Saving Expert newsletter's guide and as reflected by various media platforms including BBC Sounds and ITV , Lewis discussed the options available.
He added another possibility for savvy consumers: "Alternatively, Octopus' electricity-only Agile tariff has rates that change half-hourly, based on wholesale prices good for those who can shift their electricity use out of peak hours." In her proposed measures, Reeves announced that the winter fuel paymentsa benefit afforded to all pensioners until now will be subject to means-testing, focusing on recipients of Pension Credit, reports Birmingham Live.
She warns that the Department for Work and Pensions will struggle to process the expected increase in Pension Credit applications in time.
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