The forecast for total support on all fossil fuels for residential in the UK shows a consistent downward trend from 2024 to 2028. Starting at $4.33 billion in 2024, it is expected to decrease to $3.98 billion by 2028. When considering year-on-year percentage changes, each year sees a decline of approximately 2% to 3%, reflecting a clear and deliberate shift away from fossil fuel reliance. From 2023 to 2024, the specific year-on-year variation should be reviewed for a precise starting point, but overall, the trend indicates a sustained reduction over the forecast years.

Future trends to watch for include:

Increased investment in renewable energy alternatives as the UK government pushes for greener energy policies.
Potential regulatory changes aimed at further discouraging residential dependency on fossil fuels.
Advancements in technology could accelerate the transition away from fossil fuels by offering more cost-effective energy solutions.