Money saving expert Martin Lewis has given advice to those who are not eligible for a council tax rebate.
Currently, people who are living in council tax bands A to D are being given £150 to help with the soaring energy bills. However, those who don’t fall in that category are still able to get help.
The 49-year-old has told people who aren’t eligible to get in touch with the council as they’ve been given a £144 million discretionary fund. According to YorkshireLive, this means that people may be able to receive up to £150 to help with the rise in energy prices.
Read more: Martin Lewis’ advice on whether you should fix your energy rates
However, Martin did tell people who are thinking of applying that it can sometimes be a slow process to obtain the cash.
He said on Twitter: “Struggling to pay energy bills, but not in council tax bands A-D, so not due the £150 payment? Councils got £144m discretionary fund, to give up to £150 to people in this situation
“Check out how to apply (though some are very slow to get any of this scheme’s money out)”
In another short video, the money saving expert gave an update on whether or not people should fix their energy tariff or stick to the variable price cap tariff. Knowing that the price cap will increase once again in October, he gave people the ‘magic number’ to fix their energy bills and save money.
Shared an update on whether or not people should now fix their energy tariff or stick to the variable price cap tariff.
Martin used Cornwall Insight to get his predictions on the October price rise which is showing a hike of another 32%. He also stated that in April 2023, although it’s not yet known, Cornwall Insight is suggesting we’ll see a 12% drop from the October price cap.
He said: “If you can find a fix that is no more than 17% higher than the rate you’re currently paying on the price cap, then that’s worth doing.
“Having said that, I think a fix does have the merit of price certainty, it’s effectively a cap in its own right but the cap lasts longer.
“I’d suggest as a rough rule of thumb although the maths shows 17%, if you can find a fix at no more than 25% higher than the current price cap rate and you value price certainty it is probably worth fixing at that rate.”
