Martin Lewis has issued an energy price update ahead of the next cap in October.
The finance guru has been keeping his many followers up-to-date with the latest news as the cost of living crisis worsens. Mr Lewis is known for his switching and money-saving tips, but recent events have left even him at a loss at how to help people.
The Money Saving Expert founder took to Twitter on Monday to update his many followers on how much energy will cost from October 1.
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He said: "NEWS: The new 1 Oct price guarantee average direct debit rates have been announced. Electricity: Unit rate: 34.00p per kWh. Standing charge: 46.36p per day.
"Gas: Unit rate: 10.30p per kWh. Standing charge: 28.49p per day."
This up from 28.34p per kWh, and a standing charge of 45.34p per day for electricity, and 7.37p per kWh, and a standing charge of 27.2p per day for gas, under the current price cap - which came in on April 1, according to the MSE website.
Mr Lewis continued: "This is just an average, rates are set by region." He added that people who pay by direct debit or on receipt of bills will "likely" be charged a few percent more.
Martin also explained that the "standing charges have hardly moved this time", adding: "The big jump was in electricity standing charge back in April. Much of the jump was to cover the cost of the 20+ failed companies, but there was a little for green levy, and electricity transportation costs."
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