Will Gas And Electric Prices Go Down 2024

Will Gas And Electric Prices Go Down 2024. It predicts that there will be a 1% fall in gas and electricity costs compared to the october to december 2024 cap, taking the annual bill for a typical consumer down from the. The energy price cap sets the maximum amount suppliers can charge for each unit of gas and electricity.

If this review finds that allowances excessively benefited suppliers as prices fell in 2023, the money will be delivered back to consumers via adjustments to the january 2024. (for the week ending wednesday, november.