Martin Lewis has provided an optimistic prediction as people all across the country grow anxious over their bills going up in April.
The money-saving champion appeared on Tuesday's edition of Money Show live to discuss energy bills after Ofgem confirmed it will reduce the price cap in April by £1,000, bringing the total to £3,300 for the average household. Meanwhile, chancellor Jeremy Hunt proposed an increase to the energy price guarantee in April, which would rise the average household bill by 20 per cent.
Martin declared the proposed increase as 'perverse' and has been campaigning to delay the rise until at least July when it is believed the price cap may drop below the current price guarantee. However, some viewers may have become increasingly anxious after Martin told them energy prices would go up in April, the Liverpool Echo reports.
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He said: "On Thursday the energy companies have to tell the pre-payment meter companies what their prices are gonna be. And they have not increased their prices in April. I also have other sources that tell me prices are not going up. And since I did that, The Times has reported sources in government saying prices are going up and the BBC has reported sources in government saying prices are going up."
He added: "I would say my certainty..." and then he cut off his sentence to add: "Prices are NOT going up, sorry let me correct myself, prices are NOT going up in April."
He continued: "What a slip up to say it is going up. Live telly everyone!" Martin went on to talk with Tory MP Grant Shapps over the proposed increases. However, Mr Shapps remained tight-lipped throughout the conversation as he insisted government policy would be announced in Mr Hunt's Spring Budget.
But, Martin claimed that he had received information which has given him a more confident outlook. He said the government may do a u-turn on its decision and energy bills remain at their current price until July.
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