Household bills are set for a bigger than expected winter shock this year, analysts warned, as consumer champion Martin Lewis said ‘millions’ will fall into poverty.
Energy consultancy Cornwall Insight said the price cap for the average household could go up in January by £360 more than previously thought.
Its experts said bills could rise from today’s record £1,971 to £3,245 in October and then further to £3,364 at the start of next year.
Money Saving Expert founder Lewis said that ‘far more’ help is needed for British families in what’s set to be a ‘catastrophic’ winter.
Experts said the energy cap could go up in January by £360 more than thought (file image)