Will Gas And Electric Prices Go Down 2024. From 1 july 2024, the energy price cap for a typical household that uses gas and electricity and pays by direct debit will go down from £1,690 to £1,568 per year. Created 23 august 2024 | edited 27 august 2024.

By jimmy rice, money blog editor. The price most households pay for gas and electricity will rise by 10% on average from.