Money saving expert Martin Lewis has said he 'feels sick' after the latest energy price cap predictions for this year were revealed. Experts are suggesting the price caps could go up by as much as 64% in October, 2022. With millions across the country already struggling amid the cost of living crisis, news of the price spike is likely to come as a huge blow to many.
Taking to Twitter to share his thoughts, the presenter said: "I feel sick writing this! I've just got the latest price cap predictions from @CornwallInsignt."
Martin Lewis has said that the October price cap prediction has gone up 64%. This results in a rise of £3,244 per year on typical bills. January's price cap prediction is up 4% resulting in £3,363 per year.
