Martin Lewis warning as January energy bill hike about to hit

Any price increase is bad news for consumers

Energy bills could rise again in the New Year. Millions of households across the UK are due to be hit with a surprise bill rise on January 1, 2023, according to Money Saving guru Martin Lewis. The consumer champion has issued to warning to bill payers to expect a hike from next month.

However, the price hike, while unwelcome, may not be as dramatic as it first sounds for most households. The ITV Good Morning Britain regular says: "For most people the change will be trivial, but it is disappointing to see more substantial increases, with some on prepay meters seeing rises of 1%, which include most of the poorest in society". and, as usual, Martin is doing his best to tackle the issue head on.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

nottslive /  🏆 96. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Martin Lewis warning to homeowners after Bank of England updateThe Bank of England announced on Thursday, December 15 they would increase interest rates by 0.5 per cent to 3.5 per cent - the ninth consecutive rise in 2022.
Read more »

Martin Lewis urges shoppers to buy 15p Christmas veg at major supermarketsThe Money Saving Expert says people should head to their local supermarket in the run-up to the big day in order to make huge savings.
Read more »

Martin Lewis tells shoppers to take advantage of 15p veg dealsAs Christmas nears closer, most big-name stores will be cutting their prices down to 15p in an attempt to make Christmas dinner more affordable amidst the cost of living crisis.
Read more »

Man United set for stunning cut-price swoop for World Cup finalist in JanuaryManchester United are reportedly set to step up their pursuit of Borussia Monchengladbach and France attacker Marcus Thuram in January. MUFC
Read more »

How George Russell learned from 'unique' Lewis Hamilton during 'tense' 2022George Russell says Lewis Hamilton is an 'incredibly unique' person, and revealed a key takeaway from their first season as teammates.
Read more »