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Martin Lewis warns of energy price hike tomorrow – but you can save up to £180

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Martin Lewis has warned that gas and electricity prices are set to increase from tomorrow and advises people to switch to cheaper energy companies and get a fixed rate to save money.

The moneysavingexpert.com predicted the new price cap being announced tomorrow will see a dramatic hike in bills for many people across the UK.In an episode of the Martin Lewis Money Show on Thursday (February 4) he warned his viewers: "The new energy price cap will be announced tomorrow."The main cap is for those people who are on standard tariffs, which is over half of you on direct debit."He said that, based on research, it was looking as if the rate cap will increase up to £90.The new rate cap will not start until April so the finance wizard recommends.

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