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Octopus Boss predicts fall in energy prices this spring

Graham Watson

18th January 2024

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Good news for households, in that the CEO of Octopus Energy, Greg Jackson, has forecast that energy prices will tumble in April, because of nature of the market. Gas for April delivery will have already been bought via forward contracts, and thus he's confidently predicting that the new energy price cap will be "hundreds of pounds lower".

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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.