Martin Lewis warns of 'staggering' energy bills changes in January

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Martin Lewis has warned that some households will face another hike in their energy bills in January. It comes as millions are already struggling with soaring costs.

But speaking on ITV's Good Morning Britain, Mr Lewis warned that prices are set to change in January, which he said 'people will find this staggering'. "We know in April energy prices are going to go up 20 per cent for everyone but after crunching some numbers last night, prices are also going to change in January." He added.

Mr Lewis said that on average, people affected would see an increase of just under one per cent. This would mean a typical bill of £2,559 rising to £2,580. The energy price cap will rise in January, but most of that rise will be covered by the Government, thanks to the energy price guarantee. It it wasn't for the subsidy, bills would be expected to rise to £4,200 a year.

 

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