The Martin Lewis Podcast ALL energy bills to fall | Plan 2 student loans | Retirement tips
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Feb 26, 2026 Energy bills are set to fall across the board from 1 April, with price cap cuts and policy-cost removals affecting fixed and variable tariffs. Plan 2 student loan mechanics and possible policy changes are discussed, including repayment thresholds and interest. Retirement lessons from listeners cover timing, routine and healthspan. Inheritance tax basics and practical EV and energy-saving tips are also covered.
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Keep Your Fix Unless A Cheaper Deal With No Penalty Exists
- You do not need to leave a current fixed tariff because most fixed deals will be reduced on 1 April automatically.
- If you find a cheaper fix now and have no exit penalties, switch; otherwise stay because your current fix will drop too.
Unit Rate Drops Usually Outweigh Higher Standing Charges
- Don't assume standing charge rises cancel unit rate drops; for most households the big fall in electricity unit rates outweighs the small daily standing charge increase.
- Only extremely tiny electricity-only users might not see overall savings.
Compare Now To Save By Switching Off The Price Cap
- If you're on the price cap, you can typically save ~14% by moving to the cheapest fix now and that gap may widen after April.
- Do a comparison now; factor in usage and exit penalties before switching off the price cap.