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.

UK Gas fell to 83.25 GBp/thm on August 1, 2025, down 4.14% from the previous day. Over the past month, UK Gas's price has risen 4.94%, but it is still 7.33% lower than a year ago, 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 August of 2025.

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.

The average gas price in Great Britain in May 2025 was 82.59 British pence per therm. This was seven 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.

Oil was the most expensive fossil fuel bought by major power producers in the United Kingdom, at 5.87 pence per kilowatt-hour in the second quarter of 2024. Nonetheless, oil had a nine percent decrease compared to the same quarter a year prior. The average price of oil peaked in the third quarter of 2022, at 10.18 pence per kilowatt-hour. By comparison, at that same time, coal was the cheapest fuel, at 1.35 pence per kilowatt-hour.

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.

The average wholesale electricity price in July 2025 in the United Kingdom is forecast to amount to****** British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged ***** British pounds per megawatt-hour.
Electricity price stabilization in Europe Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.

… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.

UK Electricity decreased 20.50 GBP/MWh or 20.01% 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.

Ireland, Italy, and Germany had some of the highest household electricity prices worldwide, as of March 2025. At the time, Irish households were charged around 0.45 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.43 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations.

European Union Natural Gas Price: HC: 200 GJ & Above: excl VAT & Other Recoverable Taxes & Levies: EU excl UK data was reported at 0.091 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.087 EUR/kWh for Jun 2024. European Union Natural Gas Price: HC: 200 GJ & Above: excl VAT & Other Recoverable Taxes & Levies: EU excl UK data is updated semiannually, averaging 0.051 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.102 EUR/kWh in Dec 2022 and a record low of 0.043 EUR/kWh in Dec 2007. European Union Natural Gas Price: HC: 200 GJ & Above: excl VAT & Other Recoverable 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.

Daily data showing the System Price of electricity, and rolling seven-day average, in Great Britain. These are official statistics in development. Source: Elexon.

European Union Natural Gas Price: NH: Between 1000000 & 3999999 GJ: excl Taxes & Levies: EU excl UK data was reported at 0.044 EUR/kWh in Dec 2024. This records an increase from the previous number of 0.039 EUR/kWh for Jun 2024. European Union Natural Gas Price: NH: Between 1000000 & 3999999 GJ: excl Taxes & Levies: EU excl UK data is updated semiannually, averaging 0.026 EUR/kWh from Jun 2007 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 0.094 EUR/kWh in Dec 2022 and a record low of 0.015 EUR/kWh in Dec 2020. European Union Natural Gas Price: NH: Between 1000000 & 3999999 GJ: excl 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.P004: Eurostat: Natural Gas Price: Non-Household Consumers.

TTF Gas fell to 33.80 EUR/MWh on August 1, 2025, down 3.98% from the previous day. Over the past month, TTF Gas's price has risen 1.48%, but it is still 7.79% lower than a year ago, 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 August of 2025.

Live business gas prices per kWh and standing charges in the UK.

In the first half of 2020, the natural gas prices for household end users (excluding taxes, levies, and VAT) in the United Kingdom did not change in comparison to the previous six months. The natural gas prices for household end users (excluding taxes, levies, and VAT) remained at 0.15 euro cents per kWh. Over the observed period, the natural gas prices have been subject to fluctuation.The prices include electricity/basic price, transmission, system services, meter rental, distribution and other services.Find more key insights for the natural gas prices for household end users (excluding taxes, levies, and VAT) in countries like Portugal, Italy, and Malta.

United Kingdom Purchase Price: Ave: 2010=100: UK Power Producers: Natural Gas data was reported at 1.634 0.01 GBP/kWh in Jun 2018. This records an increase from the previous number of 1.542 0.01 GBP/kWh for Mar 2018. United Kingdom Purchase Price: Ave: 2010=100: UK Power Producers: Natural Gas data is updated quarterly, averaging 1.050 0.01 GBP/kWh from Mar 1993 (Median) to Jun 2018, with 102 observations. The data reached an all-time high of 2.330 0.01 GBP/kWh in Mar 2013 and a record low of 0.662 0.01 GBP/kWh in Sep 2002. United Kingdom Purchase Price: Ave: 2010=100: UK Power Producers: Natural Gas data remains active status in CEIC and is reported by Department for Business, Energy and Industrial Strategy. The data is categorized under Global Database’s United Kingdom – Table UK.P008: Energy Overview: Purchase Price.