Martin Lewis urges customers of EDF, British Gas and Octopus to act now to get back £180

Martin Lewis
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Martin Lewis has encouraged customers of energy companies such as British Gas, EDF, E. On, Octopus Energy, OVO and Scottish Power to 'ask for it back', as they could be owed up to £180.

The money-saving expert stated that May is the perfect time for people to check their bills and the amount of credit on their account. Those who pay by direct debit typically pay a fixed amount each month, regardless of how much energy they use. As energy usage generally decreases in spring and summer, many customers build up credit by paying for more than they've used.

MoneySavingExpert revealed: "Energy firms are sitting on over £3bn of our cash - around £180 per household. And a decent whack of that should be back in people's pockets."

Martin advised: "So if you've done an up-to-date meter reading (or your smart meter has), your bill is up to date, and your direct debit is the right level, now is the perfect time to see if you've too much energy credit. More than a month's worth right now is certainly a lot, so ask for it back," reports the Mirror.

He acknowledged that it might be "tricky to do" as companies often "throw up lots of reasons to hold on to our cash", but he assured that by checking now, people can "defeat the timing excuse - making it all a lot easier."