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Energy bills – is now a good time to go for a fix?

Martin Lewis explains what to look for in a fixed deal and how to know if you’ll save money.

Speaking to 5 Live’s Nihal Arthanayake about the year ahead he said: “The price cap will be roughly 3% cheaper than now if we’re lucky - but it may be less than that.”

He says that means you should be factoring that 3% saving into any longer-term deals. "Where the discount is more than 3% cheaper than the current rates" he said you can get “peace of mind” and might “actually save money".

Listen back to the Martin Lewis podcast on BBC Sounds.

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1 minute