Jacob Rees-Mogg has confirmed people who fixed their energy prices at a higher rate will be able to swap to a state-subsidised tariff with no exit penalties, Martin Lewis tells LBC
Mr Lewis, speaking to James O'Brien, said: "The one I’ve been lobbying on is that up to 15 per cent of people who took a perfectly sensible decision based on the information available to fix possibly at a higher rate to forestall the rises.
"Those on fixes can either stay on them or they can leave and switch to the new state-subsidised tariff with no exit penalties, you would have to switch to your own company’s standard variable rate. It comes after Prime Minister Liz Truss unveiled her plan to tackle the energy crisis in the House of Commons on Thursday.
As part of the measures, the ban on fracking has also been ended, with supporters of the method hoping it would boost domestic energy production and help lower costs.
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