Martin Lewis has warned that rising energy bills will cause a national crisis on the same scale as the Covid pandemic. Speaking on BBC Radio 4’s the Today programme he said massive amounts of support were needed to help people with the rises expected this winter.
Bills are expected to more than double this winter. The average monthly bill is currently £164 but it is expected to rise to to £355 a month for an average household in January, according to the latest projection from Cornwall Insight. That's an average annual bill of £4,266.
Martin Lewis said the government needed to do more and that the meeting with big energy companies to discuss the windfall tax, on Thursday, August 11, was beneficial, but ultimately the government “is the only one that can make the decision to stop the terrible cataclysmic risk millions of people in our nation face this winter.”