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Glasgow Live
Glasgow Live
National
Alexander Smail

Martin Lewis shares energy price cap calculator that shows how much you will pay

Martin Lewis Ofgem DWP MoneySavingExpert

Martin Lewis has shared a new energy price cap tool that gives users an estimate of how much they can expect to pay when the new cap comes into effect in October.

Energy regulator Ofgem has confirmed that the price cap will soar 80 per cent in October to £3,549 a year, meaning households across Scotland will be paying significantly more for their energy use.

Average bills will rise from by £1,578 from £1,971 when the new energy price cap comes into effect on October 1. It is also set to rise again in January.

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