Energy Price Forecast 2024. Benchmark henry hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per million british thermal units (mmbtu), in our february. Money saving expert martin lewis walks you through whether it's better to fix your energy with a new tariff or to stick on the regulator's price cap.
The price households pay for gas and electricity will fall by 12% on average from 1 april as energy regulator ofgem has announced the latest energy price cap. Energy regulator ofgem has today (thursday 23 november, 2023) announced the energy price cap for the first quarter of 2024.