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Martin Lewis reveals cheapest energy fix tariff right now
The Independent
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5/2/2024
Martin Lewis reveals cheapest energy fix tariff right nowThe Martin Lewis Podcast
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News
Transcript
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00:00
The cheapest fix available right now is the EDF Essentials 1-year May 2025 fix,
00:08
which I don't think will be around for very long.
00:11
That's what my feelers are telling me.
00:14
You can get that if you're new to EDF.
00:16
We'll set this up as a benchmark.
00:18
It is 7% less on average,
00:21
and of course it depends where you live in the country and how much you use,
00:24
so this is only a raw average and it varies.
00:26
What's cheapest varies for different people,
00:28
which is why I'd go through a comparison site to do this.
00:30
But it's 7% less on average than the current price cap.
00:34
And you heard me saying at the moment the prediction is
00:36
the price cap will be 3% lower over the next year.
00:38
So fixing at 7% lower is a good bet.
00:42
I can't say it'll be a winner.
00:43
I can say it's a good bet where you are right now.
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