Martin Lewis gives the lowdown on the energy price rises coming in October

This video is four days old but still well worth watching as, in it, Money Saving Expert Martin Lewis lays out how Liz Truss’s new energy price cap will affect households.

First point to make is that the £400 payment to each household is remaining in place, meaning that the cap of £2,500 is in reality one of £2,100 – if you use the amount of energy expected of you (typical usage).

There’s no word on the £400 payment being given next year, meaning households may pay the full tariff next year.

Second is that the cap applies to standing charges and unit costs, meaning if you use fewer units, you will pay less – and if you use more, you will pay more.

People on fixed tariffs can switch to subsidised tariffs with no early exit penalties, if switching to those operated by your current supplier.

Here’s the clip:

What’s his verdict?

Contrasting the current price cap with what it was last winter – £1,277 – that’s significantly more. Nearly twice as much, in fact.

But Mr Lewis says it’s still better than what it was going to be.

This has caused some controversy among sections of the population.

People are saying – rightly, in my opinion – that the government has spent the whole summer scaring us with the possibility of paying nearly £4,000 per year from October 1 – and now, with this new price cap, we are expected to be grateful that the rise we’re facing now is smaller.

But it is still a price rise.

It represents a failure to protect us by a government whose only job is to do just that.

And we don’t know – yet – how Liz Truss and Kwasi Kwarteng expect to subsidise this freeze. They say the energy companies won’t pay anything from their obscene profits, so it seems likely that we – the people – will be forced to pay,

In other words, it seems likely that we have no reason to be grateful at all.

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.

Vox Political needs your help!
If you want to support this site
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Here are four ways to be sure you’re among the first to know what’s going on.

1) Register with us by clicking on ‘Subscribe’ (in the left margin). You can then receive notifications of every new article that is posted here.

2) Follow VP on Twitter @VoxPolitical

3) Like the Facebook page at

Join the Vox Political Facebook page.

4) You could even make Vox Political your homepage at

And do share with your family and friends – so they don’t miss out!

If you have appreciated this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Buy Vox Political books so we can continue
fighting for the facts.

The Livingstone Presumption is now available
in either print or eBook format here:

HWG PrintHWG eBook

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here: