Experts are suggesting the price caps could go up by as much as 64% in October
Money saving expert Martin Lewis has said he 'feels sick' after the latest energy price cap predictions for this year were revealed. , 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.
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. The Money Saving Expert has urged people to share the new findings. He added: "People need to know what's coming to see if they can prepare for it."
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