Utility Prices will rise after 2010 due to need to finance increased investment in the distribution network.
Due to steep declines in the cost of electricity and gas, energy prices are due to fall in 2009 following large drops in wholesale energy prices.
However, this respite will be short lived as Ofgem has advised that electricity companies are planning significant increases in capital expenditure to replace ageing assets and commence development of a network of decentralised low-emission power stations.
Source: Financial Times