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Liverpool Echo
Liverpool Echo
World
Ryan Paton

ITV GMB's Martin Lewis explains why energy bill prices have risen more on Merseyside

Martin Lewis has explained why energy bills have risen more on Merseyside.

The consumer champion will front the ITV news programme on every Monday throughout September alongside Susanna Reid. The episodes have been dubbed "Martin's Money Mondays" as the finance guru will take questions from viewers on the mounting cost of living crisis.

Veronica hailed from Merseyside and she told the broadcasters how she was concerned how she only had £20 to live each week after she's paid her bills. The 66-year-old said prices in the area have risen by 102%, which is higher than the 54% increase that hit the UK in April.

READ MORE: Warning issued to anyone who rents a home in the UK

Susanna branded the hike "remarkable" and questioned Martin on the reasons behind the increase. The finance guru clarified certain areas were hit with larger increases due to the standing charge.

He said: "That is the April price cap rise in which the standing charges on electricity went up hugely. They vary by region. The lowest went up 30%. The highest was in the Mersey and North Wales area which went up 102%."

The finance guru has previously campaigned against the charge and reiterated his demand for it to be scrapped. He added: "As with all my other campaigns with Ofgem it hasn't happened."

The standing charge means you pay a daily amount or gas and a daily amount for electricity even if you don't use it.

"From October, if you have a gas and electricity meter on direct debit you're paying £273 a year even if you use no energy."

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