Will Gas And Electric Prices Go Down 2024. Several factors can cause suppliers' gas and electricity prices to go up or down. Ofgem has today confirmed that from 1 october to 31 december 2024, the energy price cap will increase by 10%.
It has forecast that there will be a 1% (£1.67 a month on average) fall in gas and electricity costs compared to the october to december 2024 cap. Use our gas and electricity prices.