Gas Prices 2024 Uk Average. 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. Since the introduction of ofgem's energy price cap in january 2019, most suppliers have based energy prices of their standard variable rate tariffs on the.
In the year to january 2024 gas prices fell by 26.5% and electricity prices fell by 13.0%, according to the latest consumer prices index including owner occupiersโ housing costs (cpih) data. As the uk depends more on gas imports, gas prices might change more often.