Money expert Martin Lewis is urging people to switch to a fixed energy deal as soon as possible - because you are losing money ‘every day’ that you don’t.

This week, energy regulator Ofgem raised the price of gas and electricity by 6.4%, or by £111 on average, increasing the average bill for a typical use dual-fuel household to £1,849 per year. It’s the latest in a series of rises which has seen electricity and gas bills rise by 18% in the past year, and it means that anybody who is not on a fixed deal - which is still most households - is paying too much. It means whether you're with British Gas, EOn, EDF, Ovo, Octopus or another supplier, you're going to pay more if you're not on a fix.

That’s because there are cheaper fixed deals available right now which will save you money against the price cap, and indeed, even if prices do drop in three months when the next Ofgem cap is set, will still save you money.

Speaking on his latest podcast available via BBC Sounds and Spotify on April 2, Martin Lewis said: “That’s 6.4% on top of 1.2% on top of 10% in October which means it’s up 18% since we had a change of government. So, you know, that is a difficult political question for the government to have to answer when they came in with the promise that energy bills will go down.