Big Energy Bill Hikes Coming: Should You Fix Now, Even If You’re Already Fixed?
The Martin Lewis Podcast
BBC
4.4 • 929 Ratings
🗓️ 21 May 2026
⏱️ 59 minutes
🧾️ Download transcript
Summary
Martin Lewis brings you everything you need to know about your future energy bills. Martin offers a live reaction to the Chancellor Rachel Reeves’ statement in the Commons on the cost of living. Tell Us this week is all about what’s the most bizarre way you’ve secured a discount? Fancy dress, sublime banter, a secret code phrase? And Mastermind this week is about defaulting on your credit file. Can Adrian earn the elusive hallelujahs? His Question Time podcast lets you ask Martin absolutely anything and everything (within reason!) – so if you’ve always wanted to know his favourite ice cream flavour, if he’s ever pondered the meaning of life, or have a very complicated question about your personal finances, email it to MartinLewisPodcast@bbc.co.uk.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | BBC Sounds, Music, Radio, podcasts. |
| 0:07.5 | That is simply not true, and I said you're all on the price cap, almost certainly. |
| 0:12.0 | If you're going to be locking in people, lock in cheaply, |
| 0:14.3 | you are on the price cap if you're not on a fix or special deal. |
| 0:17.3 | So when I say price cap, I'm talking to you. |
| 0:19.6 | We have to be hopeful that at some |
| 0:21.3 | point this conflict is going to end and things are going to improve, but of course nobody knows that. |
| 0:26.1 | Hello, I'm Martin Lewis and this is the cunningly named the Martin Lewis podcast. I do wonder |
| 0:32.0 | what that's going to be about. And this is our big topic episode where each week we lead on one |
| 0:36.6 | main subject to help you save. |
| 0:38.7 | Now usually most of it comes from my BBC Radio 5 live show with Adrian Childs, but don't worry. |
| 0:44.1 | There's also lots of bonus money saving extras just for you lucky, lucky podcast listeners. |
| 0:50.2 | In today's episode, the assessment period for July's energy price cap closed on Monday, |
| 0:55.9 | so it's likely next week they will announce it's rising by 13%. |
| 1:00.3 | And I've been swamped with your questions on that, including should I fix? |
| 1:04.5 | Should I ditch my current fix to fix again? |
| 1:06.9 | What's the point of the price cap? |
| 1:08.8 | What happened to the so-called energy bill cut in April and far more? |
| 1:13.4 | So I'll do my best to try and answer all of those. |
| 1:15.7 | We'll also be talking about the problem with scam ads regulation, |
| 1:18.8 | the Chancellor's Cost of Living announcements, |
| 1:20.9 | the strangest things you've ever done for a discount, |
... |
Transcript will be available on the free plan in 12 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.