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Martin Lewis warns average energy bills to surge by 43% ahead of next winter
Martin Lewis warns average energy bills to surge by 43% ahead of next winter,Martin Lewis, founder of MoneySavingExpert, warned things are likely to get more expensive by winter 2023 as he shared good tips to get ahead of the price increases

Martin Lewis warns average energy bills to surge by 43% ahead of next winter

Energy costs are almost double last year's winter and sadly things could get worse.

With the cost of living crisis crippling millions of Brits, it's no doubt people will want money saving hacks to help.

Now Martin Lewis warned things are likely to get more expensive as he shared tips on his MoneySavingExpert website.

Martin Lewis
Martin Lewis is concerned costs will continue to rise (Image: BBC/AFP via Getty Images)

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Posting in his weekly newsletter, he said the energy price guarantee has been extended to the end of March 2024.

He claimed if the price cap is higher than the guarantee, the state subsides the difference to keep energy bills lower.

And the price guarantee rate will so increase by 20% on April 1, 2023.

Energy
Costs are rising during the winter period (Image: Getty Images/iStockphoto)