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Edinburgh Live
Edinburgh Live
World
Katie Williams

Martin Lewis explains if you should fix your energy bill as price cap soars by 80 per cent

As energy prices are set to soar, Martin Lewis has issued advice to anyone who is thinking about fixing their energy tariff.

On Friday, August 26, energy regulator Ofgem announced the price cap will rise by 80 per cent on October 1, pushing the average yearly energy bill to £3549 - around £295 per month.

This comes after a year of increasing wholesale gas prices which have continued to rise steeply following the conflict between Russia and Ukraine.

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