We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Energy prices in 2020?

Does anyone have some good forecast information about where prices will go in 2020? From an article on Thisismoney it looks like prices may be heading downwards.

Can't include an URL but you can google "Cheaper-bills-coming-Energy-wholesale-prices-lowest-decade".

Comments

  • Neil_Jones
    Neil_Jones Posts: 9,629 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Note that gas and electric companies buy well in advance, months and sometimes years as well as short notice. So just because they may be able to buy it cheaper next year doesn't mean your bills will fall immediately, particularly if what they're using today to run your TV and boiler was paid for three years ago.

    Anyway if anybody was able to accurate predict this stuff they wouldn't be on MSE Forums anyway, they'd probably be on a luxury ship in the Bahamas somewhere.
  • Farway
    Farway Posts: 14,814 Forumite
    Part of the Furniture 10,000 Posts Homepage Hero Name Dropper
    cruff wrote: »
    Does anyone have some good forecast information about where prices will go in 2020? From an article on Thisismoney it looks like prices may be heading downwards.

    Can't include an URL but you can google "Cheaper-bills-coming-Energy-wholesale-prices-lowest-decade".


    One unknown is of course who is PM come Friday, could be nationalised by then and all bets would be off, you'll get what you are given
    Gardener’s pest is chef’s escargot
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.