Get all your news in one place.
100's of premium titles.
One app.
Start reading
Glasgow Live
Glasgow Live
National
Katie Williams

Martin Lewis issues urgent energy bill warning as price cap set to rise by another 51%

Consumer champion Martin Lewis has urgently updated his advice about whether or not bill payers should fix their energy tariffs.

This comes as experts predict that the energy price cap - which limits how much each unit of gas and electric can be sold for - will rise by another 51 per cent in October.

Since last year, we saw the wholesale price sky rocket to record breaking amounts, and while they have fallen since September slightly, they are not back to 'normal'. Due to the invasion of Ukraine, the cost is fluctuating and after the price cap was increased by 54 per cent in April, it will jump again in October.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.