Combined household expenditure on energy derived from gas reached 13.83 billion British pounds in 2019. Spending had seen only slight fluctuations since 2010, with the most prominent being a jump to 17.1 billion British pounds in 2013. That year corresponds with supply problems from a Norwegian plant – the UK’s lead exporter – and below-average winter temperatures across the country.
The price of gas in the United Kingdom is forecast to amount to 2.8 British pounds pence per therm in 2022/23, a large increase when compared with 2020/21. While prices are expected to remain high in 2023/24, it is anticipated they will fall to lower levels by 2024/25. Forecasted gas prices in the United Kingdom from 2020/21 to 2026/27 (in GBP per therm)
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Office for Budget Responsibility. (March 23, 2022). Forecasted gas prices in the United Kingdom from 2020/21 to 2026/27 (in GBP per therm) [Graph]. In Statista. Retrieved May 28, 2022, from https://www.statista.com/statistics/374970/united-kingdom-uk-gas-price-forecast/
Office for Budget Responsibility. "Forecasted gas prices in the United Kingdom from 2020/21 to 2026/27 (in GBP per therm)." Chart. March 23, 2022. Statista. Accessed May 28, 2022. https://www.statista.com/statistics/374970/united-kingdom-uk-gas-price-forecast/
Office for Budget Responsibility. (2022). Forecasted gas prices in the United Kingdom from 2020/21 to 2026/27 (in GBP per therm). Statista. Statista Inc.. Accessed: May 28, 2022. https://www.statista.com/statistics/374970/united-kingdom-uk-gas-price-forecast/
Office for Budget Responsibility. "Forecasted Gas Prices in The United Kingdom from 2020/21 to 2026/27 (in Gbp per Therm)." Statista, Statista Inc., 23 Mar 2022, https://www.statista.com/statistics/374970/united-kingdom-uk-gas-price-forecast/
Office for Budget Responsibility, Forecasted gas prices in the United Kingdom from 2020/21 to 2026/27 (in GBP per therm) Statista, https://www.statista.com/statistics/374970/united-kingdom-uk-gas-price-forecast/ (last visited May 28, 2022)