UK Gas rose to 78.56 GBp/thm on September 1, 2025, up 0.94% from the previous day. Over the past month, UK Gas's price has fallen 7.13%, and is down 15.30% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on September of 2025.

The average gas price in Great Britain in June 2025 was 86.28 British pence per therm. This was four pence higher than the same month the year prior and follows a trend of increasing gas prices. Energy prices in the UK Energy prices in the UK have been exceptionally volatile throughout the 2020s. Multiple factors, such as a lack of gas storage availability and the large share of gas in heating, have exacerbated the supply issue in the UK that followed the Russia-Ukraine war. This has also led to many smaller suppliers announcing bankruptcy, while an upped price cap threatened the energy security of numerous households. The United Kingdom has some of the highest household electricity prices worldwide. How is gas used in the UK? According to a 2023 survey conducted by the UK Department for Energy Security and Net Zero, 58 percent of respondents used gas as a heating method during the winter months. On average, household expenditure on energy from gas in the UK stood at some 24.9 billion British pounds in 2023, double the amount spent just two years prior.

The National Balancing Point (NBP), the UK's natural gas benchmark, amounted to 79.68 British pence per therm on July 28, 2025, for contracts with delivery in August. Prices are generally higher in the winter months due to greater gas heating demand, especially in weeks of colder weather. The UK NBP, along with the Dutch TTF, serve as benchmarks for natural gas prices in Europe. Impact on consumer prices and household expenditure post-2022 Fluctuations in wholesale natural gas prices often have immediate impacts on UK consumers. In 2023, the consumer price index for gas in the UK rose to 195 index points, using 2015 as the base year. This increase has translated into higher household expenditure on gas, which reached approximately 24.89 billion British pounds in 2023. This figure represents a 23 percent increase from the previous year and a staggering 91 percent rise compared to two years earlier, highlighting the growing financial burden on UK households. Consumption patterns and supply challenges The residential and commercial sector remain the largest consumers of natural gas in the UK, using an estimated 42 billion cubic meters in 2024. This was followed by the power sector, which consumed about 13 billion cubic meters. The UK's reliance on gas imports has grown due to declining domestic production. This shift has led to an increased dependence on liquefied natural gas imports and pipeline inflows to meet demand.

In the first half of 2020, the electricity prices for household end users (including taxes, levies, and VAT) in the United Kingdom did not change in comparison to the previous six months. The electricity prices for household end users (including taxes, levies, and VAT) remained at 0.05 euro cents per kWh.The prices include gas basic price, transmission, system services, meter rental, distribution and other services.

In 2024, natural gas prices for UK businesses with an annual consumption greater than 27,778 megawatt hours stood at 4.49 pence per kilowatt-hour, while for industries with lower annual consumption, prices were 5.64 pence per kilowatt-hour.

Natural gas fell to 2.97 USD/MMBtu on September 1, 2025, down 0.76% from the previous day. Over the past month, Natural gas's price has risen 1.44%, and is up 36.86% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on September of 2025.

Daily data showing SAP of gas, and rolling seven-day average, traded in Great Britain over the On-the-Day Commodity Market (OCM). These are official statistics in development. Source: National Gas Transmission.

Residential consumers of natural gas in the United Kingdom paid an average of 8.8 U.S. dollar cents per kilowatt hour in December 2024. This was roughly one U.S. dollar cent lower than a year previous. The residential and commercial sectors are the largest consumers of natural gas in the UK.

TTF Gas rose to 32.35 EUR/MWh on September 1, 2025, up 2.31% from the previous day. Over the past month, TTF Gas's price has fallen 5.64%, and is down 16.08% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on September of 2025.

The price of gas in the United Kingdom was *** British pence per therm in the fourth quarter of 2024. It is anticipated gas prices will increase to *** pence in the second quarter of 2025 before gradually falling to just under ** pence by the second quarter of 2027.
Surging energy costs and the cost of living crisis At the height of the UK's cost of living crisis in 2022, approximately ** percent of UK households were experiencing rising prices compared with the previous month. It was during 2022 that the UK's CPI inflation rate reached a peak of **** percent, in October of that year. Food and energy, in particular, were the main drivers of inflation during this period, with energy inflation reaching **** percent, and food prices increasing by **** percent at the height of the crisis. Although prices fell to more expected levels by 2024, an uptick in inflation is forecast for 2025, with prices rising by *** percent in the third quarter of the year. Global Inflation Crisis The UK was not alone in suffering rapid inflation during this time period, with several countries across the world experiencing an inflation crisis. The roots of the crisis began as the global economy gradually emerged from the COVID-19 pandemic in 2021. Blocked-up supply chains, struggled to recover as quickly as consumer demand, with food and energy prices also facing upward pressure. Russia's invasion of Ukraine in February 2022 led to Europe gradually weening itself of cheap Russian energy exports, while for several months Ukraine struggled to export crucial food supplies to the rest of the World.

UK Electricity decreased 29.33 GBP/MWh or 28.63% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for the United Kingdom Electricity Price.

A comparative table of weekly UK wholesale market prices across key energy commodities, including gas, electricity, coal, EUA carbon, UKA carbon, and Brent crude oil. The table includes current, previous, and year-on-year values for both day-ahead and year-ahead contracts, as well as 12-month highs and lows.

Since 1995, the overall price of natural gas has increased for households with consumption of less than *** GJ and more than *** GJ. Prices for a consumption of ** GJ to < *** GJ peaked in 2015 at **** euro cents per kilowatt hour. Although prices have seen an overall increase, natural gas consumption has been in decline over the past decade.

European Union Natural Gas Price: HC: Between 20 & 199 GJ: incl All Taxes & Levies: EU excl UK data was reported at 0.123 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.110 EUR/kWh for Jun 2024. European Union Natural Gas Price: HC: Between 20 & 199 GJ: incl All Taxes & Levies: EU excl UK data is updated semiannually, averaging 0.068 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.123 EUR/kWh in Dec 2024 and a record low of 0.056 EUR/kWh in Dec 2009. European Union Natural Gas Price: HC: Between 20 & 199 GJ: incl All Taxes & Levies: EU excl UK data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.P003: Eurostat: Natural Gas Price: Household Consumers.