Martin Lewis Advises Households to Check Energy Account Balances
Financial broadcaster Martin Lewis told viewers to review energy credit levels in May. A couple reported receiving a £4,000 refund after discovering three years of overpayments. Ofgem is scheduled to announce the next price cap on May 27.
hollywoodreporter.comFinancial broadcaster Martin Lewis urged households to examine their energy account balances during the final episode of The Martin Lewis Money Show Live. He stated that May is typically the month when credit levels reach their annual low point. Jill and Brian said they contacted their supplier after watching an earlier episode in November 2025.
They discovered they had overpaid for three years and received a £4,000 refund after leaving £500 in the account.
Insight forecasts that the Ofgem price cap for a typical dual-fuel household will rise £209 to £1,850 from July. The increase would represent a 13 per cent rise from the current annual figure of £1,641. Ofgem is due to confirm the new price cap on May 27.
Martin Lewis advised customers to request refunds if their credit exceeds roughly six weeks of direct debit payments. He said: "If you've got a lot of credit right now, this is the point where you shouldn't have a lot of credit, which is why this is the perfect time to be checking.
