MoneySavingExpert Martin Lewis has warned energy customers could “beat the rise” by taking action as soon as possible.
Those on a standard tariff could make savings by switching to a fixed policy before fees jump up in just a matter of days.
Martin told ITV: “The price is gonna rise and stay above where it is right now for the foreseeable future.
“You are paying, if predictions are right, about eight percent more than you are paying right now if you do nothing and stick on the Price Cap. Which is why I would suggest to you, you need to do something.”
According to calculations by car finance lender Carmoola, electric car owners will pay around £1.29 more to top-up their vehicles when the price cap rises.
Owners will pay roughly £14.70 to charge their battery under the new pricing structure compared to the previous £13.41.
With statistics suggesting electric car owners top-up their vehicles around twice per week, The extra £1.29 will mean owners pay £10,32 more every month.
Over the course of a year, EV owners could end up paying an extra £134.16 just to use the roads.
Martin claimed around 80 percent of bill owners will be on a standard tariff and could be affected by price rises.
Martin added: “So what does that mean in practice? Well for every £100 you pay on energy right now, from next Tuesday you are going to pay £110 for the same usage. That is what a 10 percent rise means.”
