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Martin Lewis: Energy price cap could rise 18 percent due to high wholesale rates

Martin Lewis: Energy price cap could rise 18 percent due to high wholesale rates
Energy price cap may rise 18 percent

Martin Lewis, founder and finance commentator at MoneySavingExpert, is warning that the energy price cap is likely to increase by 18 percent in January as wholesale rates have reached their highest point in three years.

He encourages viewers to submit questions about tariffs, billing options, and energy plans for an upcoming special segment.

Lewis has previously invited public questions on topics including energy bills and family finances for his podcast, according to an earlier segment. He has also highlighted the link between severe financial distress and mental health, noting that 400,000 people in England consider suicide each year due to financial challenges, as detailed in a past report. These efforts come as interest grows around guidance on bill management and support.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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