Martin Lewis has warned that a surprise energy bill increase is set to be received by millions UK households on January 1.
Ofgem's price cap will be updated from January 1, which will impact the discount on bills and mean that UK customers could have their bills hiked. The Martin Lewis Money Show star, ITV Good Morning Britain regular and Money Saving Expert founder Martin Lewis has issued a warning over the shock hike, reports Birmingham Live.
He said: "The energy price guarantee was meant to guarantee prices until the end of March (when we know the cost people pay will increase by 20%). So it will come as a surprise to many to see prices change in January.