MARTIN Lewis has warned thousands of Brits will spend more on energy bills from next month.
The money-saving expert explained why in his Budget special this evening.
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He said that the energy bill support scheme, which thousands across the country have been claiming, will come to an end.
This means such bills will no longer be subsidised, seeing the costs fall back on Brits.
Martin explained: “The £66-£67 a month that you’ve been getting ends in April.
“So you are going to need to budget for the fact that you’re going to pay more.
“The less you use, the proportionally more you’re going to feel that – if you’re a very heavy user you wouldn’t notice it.
“If you’ve got smaller bills that £66-£67 a month is a much bigger proportion.”
In the ITV Budget special, Martin also revealed how Brits on Universal Credit can get free cash with specific savings account.
Yesterday Martin offered his verdict on the Budget – he spoke to tax, energy bills, pensions, and free cash.
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He was speaking after seven major changes were announced for childcare amid yesterday’s Budget, while the price of a packet of cigarettes rose to £14.39.
Elsewhere, Jeremy Hunt gave millions of workers a pension boost by scrapping the lifetime pension allowance (LTA) to tempt people to work longer.
The Energy Price Guarantee (EPG) cap will also continue at £2,500 for another three months.
It was meant to rise to £3,000 a year for households in April but Hunt scrapped those plans today.
This will save the average household around £160, the government said.
Meanwhile, it was also announced drivers won’t pay more for fuel as duty was frozen.
