What did Chris O’Shea forecast about UK electricity prices?

Centrica’s CEO said UK electricity prices in 2030 are likely to sit above 2022 levels. He argues falling wholesale gas is being offset by rising network charges, capacity payments, and policy levies. That combination could keep bills and corporate power costs elevated unless regulation or system costs change materially.

How could this view affect the Centrica share price?

Higher power costs can support steadier utility revenues, but they also raise political and regulatory risk. The share price will likely track updates on cash returns, hedging, and bad debt, plus Ofgem and Budget decisions. Positive signals on dividends or services growth can help, while tighter controls or arrears pressure can weigh.

What can households do if energy bills 2030 remain high?

Audit usage with smart meters, move to fixed or time-of-use tariffs if savings are clear, and pursue insulation or heat pump grants where available. Compare suppliers regularly, clear arrears early, and build a small buffer for winter quarters. Keep an eye on targeted government support that reduces unit rates or standing charges.

What indicators should UK investors watch this quarter?

Focus on Ofgem price cap inputs, network charge consultations, and any Budget measures on levies or support. Company disclosures on hedging, customer arrears, net debt, and capex plans are key. Shifts in capacity margins, interconnector flows, or outage risks can also move sector earnings expectations quickly.

Global Market Insights

CNA.L Stock Today, February 15: Centrica Warns 2030 UK Power Prices Above 2022

ByDanny Kontos February 15, 2026February 15, 2026

Investors are watching the Centrica share price today after CEO Chris O’Shea warned UK electricity prices in 2030 could exceed 2022 levels. His view points to rising network and policy costs offsetting lower gas. For CNA.L, that suggests resilient earnings from retail supply and infrastructure, but higher political and regulatory risk. We explain what the Chris O’Shea forecast means for margins, customer bills, and sector valuations. We also outline near-term drivers for the Centrica share price and how UK-focused portfolios can prepare for policy and regulatory updates.