Gas Prices Forecast 2025 Uk

Gas Prices Forecast 2025 Uk. The price cap will increase by 5% on the previous quarter from 1 january to 31 march 2025. Cornwall insight is a trusted provider of forecast models for the default tariff cap, commonly known as the price cap.

The forecaster, which is widely regarded for its accurate predictions, said a household using a typical amount of gas and electricity would pay £1,714 a year from october. Gas prices are forecast to drop abruptly all through 2023, reaching an average of 1.65 pence per therm by 2025.