Martin Lewis says do THIS to beat British Gas price hike BEFORE tomorrow - Brief News
Published On: Thu, Sep 14th, 2017

Martin Lewis says do THIS to beat British Gas price hike BEFORE tomorrow

Appearing on Good Morning Britain, Martin said: “From tomorrow (Friday 15 September), British Gas is increasing the price of its most common pricing option – its standard tariffs – by an average of over seven per cent (12.5 per cent on electricity, nothing on gas) which means for a typical dual-fuel bill it’ll add around £76 a year. Those on British Gas fixes won’t see a rise until after your fix deal ends.

“Yet it isn’t just the cost of the rise. For someone with typical use, from tomorrow you’ll be paying £1,120 a year – and British Gas isn’t alone – some other big 6 provider’s standard deals are even more. Yet the cheapest deals on the market are £830ish a year on the same usage.

“Who your exact cheapest is depends on where you live and how much you use. The easiest way to find out is to put your usage and postcode into Martin’s ‘Cheap Energy Club’ or any Ofgem approved comparison site.

“Yet be careful as comparison sites are now allowed to default to show only sites that pay them when they switch you (this doesn’t add to the price you pay) but it means they can hide the very cheapest tariffs (for the sake of transparency – the cheap energy club doesn’t do this). Sadly these comparison sites don’t work for Northern Ireland.

Remember switching is usually no big deal – there’s no break in service, no engineers calling at your home, it’s the same gas, electricity & safety

Martin Lewis, Money Saving Expert

“When you do a comparison the cheapest tariffs are almost all one year fixed deals from small new providers – which means there’s no customer service history – and can be a risk.

“So it’s worth scrolling down the list (or on energy club using the ‘top picks’ tariff) to find names you know with better customer service ratings. One to really watch for right now is  Ovo’s two-year fix (for those paying by monthly direct debit) it allows you to lock in a price for two years rather than one, and at £896/year isn’t that much more – it could mean a £500 saving over the two years. Better still Ovo is consistently one of the top rated firms for service, 89 per cent in my last poll (569 votes).

“Yet go quick it’s said it is likely to pull this deal tomorrow. And remember switching is usually no big deal – there’s no break in service, no engineers calling at your home, it’s the same gas, electricity & safety. Only price and customer service changes.”

Martin then issued a warning to those still hanging on to old one pound coins.

martin lewis energy british gasITV/Getty Images

Martin Lewis revealed how to beat the British Gas price hike ahead of the rise tomorrow

martin lewis money energy british gasGetty Images

Martin Lewis advised using comparison sites to work out the best deal for a new energy provider

He said: “Everyone with a piggybank or coin jar needs to turn them up upside down and shake out all your £1 coins now, because there’s only one month left to use them.

“After 15 October the current £1 coins will cease to be legal tender and shops will no longer accept it as payment as they were replaced with newer 12-sided £1 coins earlier this year. 

“If you find any in your pockets or down the back of the sofa after 15 October, while you can’t use them in shops many banks and building societies will let you deposit them into your account – though there’s no obligation for them to do so, so far easier is to take them out from now on and not put any more in the jar.

“If you find that upsetting (I understand, I’m obsessive too) then simply replace the £1 coins with other notes or coins to the same value – that way your savings pot won’t be used up.”

martin lewis mse one pound coinGetty Images

Martin Lewis also warned those hanging on to old pound coins they had one month to spend them

Finally, Martin said some quick deals. He reminded viewers about Open House London, and said: “Last week I mentioned that many usually-closed or usually-charging English (not in London) buildings were open for free as part of Heritage Open Days.

“Now this weekend in London 800+ venues are open, including the Gherkin (usually closed) though it usually has huge queues, Brunel Museum (usually £6 entry) and the Walthamstow Pumphouse museum (usually only open on Sunday). You may need to book in advance for some, and expect long queues for popular venues.

“And until the end of September as part of The Scottish Civic Trust’s Doors Open Days, a further 800+ in Scotland and 300+ in Wales (as part of the Welsh Government’s historic environment service’s (Cadw) Open Doors event) will be open to the public.

“In Scotland, examples of places to visit include Pollock House in Glasgow usually £6.50 and the Botanic Cottage in Edinburgh which usually costs £6.50. In Wales you could visit the Beaumaris Castle usually £6 and Denbigh Castle, usually £4.

martin lewis mse good morning britainITV

Martin Lewis appeared on Good Morning Britain to share this week’s deals

Opening dates and times vary for each venue, and you may need to book in advance for some – all the details are on the websites Open House London, Doors Open Days Scotland and Open Doors Wales.”

And Martin told viewers about a charity event running in firestations this month, and said: “Just a heads up – this month firefighters in over 1,000 stations around the country are participating in a special charity led event where they’ll wash your car – some using sponges, but if you’re lucky some may get their big hoses out (I feel like Richard Arnold saying that!) – in return for a donation to The Fire Fighters Charity – it provides injured and ill UK firefighters with help, such as psychological therapy and physio to help them recover and return to work as quickly as possible.

“Check if your local station is doing it first – it’s mainly on Saturday, and if so just turn up. Be prepared to queue and obviously an emergency takes priority. Some fire stations may recommend a minimum donation of £5, which seems fair.”

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Martin Lewis says do THIS to beat British Gas price hike BEFORE tomorrow