Falling forward wholesale energy prices will result in the price cap dipping below the government’s £3,000 Energy Price Guarantee later this year, an industry expert has predicted. Investec analyst Martin Young said that while higher forward prices from the end of 2022 meant the price cap is unlikely to dip much below £3,500 in April, by July he expects it to have fallen dramatically to around £2,640.
Price cap forecasts fall below EPG
