Will Gas Prices Rise In 2024 Uk. It has been predicted that gas prices are likely to stick for the next couple of years. 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.

Several factors can cause suppliers’ gas and electricity prices to go up or down. The price most households pay for gas and electricity will rise by 10% on average from 1 october as energy regulator ofgem has announced the latest energy price cap rates.