During the cost of living crisis, households across the country have been forced to pay considerable daily charges to their gas and electricity providers, whether they use any energy or not. This adds hundreds to bills every quarter and punishes those who try to keep their energy expenses low by consciously limiting their energy usage.
After the release of the Labour manifesto, Martin Lewis went on X to elucidate what each significant party plans to do to mitigate this energy poll tax and offer a sliver of optimism. He declared: "I'm pleased now BOTH Labour and Conservatives have said the level of standing charges is too high", reports the Mirror.
"Eg. In today's Lab manifesto it says 'Too much of the burden of the bill is on standing charges and we will work with the regulator to reduce them.' Let's hope whoever wins delivers." However, the outcome of the general election on July 4 could change everything, but whoever forms the new government, they could benefit from more of Martin Lewis' advice on protecting the most vulnerable from energy price shocks.