Martin Lewis spoke to the public on ITV This Morning yesterday (July 13). The Money Saving Expert issued a warning to anybody who has an energy bill direct debit.
Mr Lewis appeared on the show with Alison Hammond and Dermot O'Leary. He shared a warning over energy companies.
As reported by Birmingham Live, Ofgem has found four of them to have "serious weaknesses." Mr Lewis said: "They have weaknesses in their processes, so there is action happening on direct debits.
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"We would expect direct debits to go up - if it has gone up by more than 100 per cent, they are being asked to review it. So if it is you, and yours has gone up by more than 100 per cent, the company should be reviewing it."
The financial expert also shared how an energy rebate is coming. The help comes just after he warned of a "catastrophic" future that will "cost lives".
Mr Lewis says the energy cap is predicted to rise 65% in October, taking typical bills to £3,240 a year. Martin added: "The latest prediction for October is up 65% from where we are now, taking a typical bill to £3244. It will then rise again by 4% in January to £3,300 and probably start to drop but only by 5% next April."
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