July 5, 2022

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Martin Lewis points power invoice warning as provider exit charges rise to £600 – 'Outrageous!'

Because it stands, a dual-fuel exit penalty for leaving a British Fuel one-year fastened deal in June 2022 is £200. This time final yr, it might both be nothing or £80.

Equally for EDF Power, the exit price for leaving a two-year fastened fee deal is £300 whereas in 2021 it was £70 and nothing for a one-year fastened deal.

Martin Lewis, the founding father of MoneySavingExpert.com, outlined why these exit charges are so “outrageous” and damaging to shoppers.

Mr Lewis defined: “These huge, outrageous early exit charges are the ultimate nail within the coffin of dying power competitors.

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