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Regulatory Implementation
New energy price cap levels take effect across all standard variable tariffs in the UK.
Lewis Intervention
Martin Lewis issues a public warning for consumers to switch or fix before the deadline.
Cap Announcement
The regulator officially announces the new price cap levels effective from Q2.
Wholesale Monitoring
Ofgem begins the assessment period for wholesale energy costs to determine the April cap.
Financial expert Martin Lewis has issued an urgent call for UK households to review their energy tariffs before the April 1 price cap adjustment. The recommendation focuses on locking in fixed rates or switching providers to mitigate potential cost increases as the regulatory landscape shifts.