Money Saving Expert Martin Lewis has corrected Liz Truss' claim that households won't face an energy bill over £2,500.
During a series of floundering interviews on local radio stations this morning, Liz Truss said the government has taken action by "stepping in and making sure that nobody is paying fuel bills of more than £2,500”.
But Martin Lewis has hit back, pointing out that that the new cap doesn't limit what people will pay, and will depend on their usage.'You could almost hear her cogs whirring': James O'Brien reacts to Liz Truss' 'catrusstrophic' radio interviews"Instead, the new 1 Oct guarantee, like the old caps, limits daily charge and Unit rates .
The £2,500 cap was introduced by the Liz Truss as a flagship policy to tackle spiralling energy bills, but is based on the the average usage of a household.Instead the new 1 Oct guarantee, like the old caps, limitsSo use more, pay more. £2,500 is just what someone with avg use'd payThe energy price cap actually reflects the price per unit of energy, which means that households who use more energy may pay more.
According to the Government's own figures, detached houses will, on average, face a bill of around £3,300, while semi-detached properties will pay around £2,650.The support package, which was announced in early September, has cut the price cap by an average of £1,050, though it's still over double the October 2021 figure.
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