BBC Sounds host Martin Lewis warns state pensioners with income over £11,336 of a potential £500 reduction in energy support, as the price cap increases on October 1st.
BBC Sounds podcast host Martin Lewis warns state pensioners with income over £11,336 of a potential £500 reduction in energy support due to the 10% increase in the energy price cap starting on October 1st. This comes after many pensioners received £600 in support last winter, but now face a £500 loss in energy support for a £100 cheaper bill. Lewis suggests that this change may cause significant financial difficulties for these individuals and recommends comparing energy plans, limiting energy usage during peak hours, turning off appliances when not in use, and considering long-term energy-saving solutions like replacing gas boilers with sustainable alternatives.
August 22, 2024
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