The average annual domestic electricity bill in the United Kingdom saw an overall increase from 2014 to 2024 and boomed in 2023. In this period, households with an annual consumption of ***** kilowatt-hours saw bills rise from *** to ***** British pounds, including value-added tax. The household expenditure on electricity in the UK amounted to approximately **** billion current British pounds in 2023. Direct debit payments consistently cheaper In the period under consideration, the annual bill for an electricity consumption of ***** kilowatt-hours was consistently more expensive for consumers using standard credit as a method of payment, averaging ***** real British pounds in 2024. From 2016 onwards, consumers using the prepayment method paid less than standard credit consumers and, in 2022, their bill was the least expensive, at *** real British pounds. Electricity prices on the rise Household electricity prices in the UK have doubled in the past decade for both consumer groups. Despite the UK government setting a tariff cap to protect consumers, the UK’s power market was greatly impacted by the global energy crisis. In August 2022, electricity prices in Great Britain peaked at *** British pounds per megawatt-hour, over four times the price compared to August the following year.

Northern Ireland has the lowest average annual domestic standard electricity bills by prepayment in the United Kingdom. In 2023, this figure amounted to 771 British pounds. By comparison, England and Wales average electricity bills amounted to roughly 922 British pounds.

Consumers using a direct debit method of payment had the lowest average domestic standard electricity bill in the United Kingdom until 2021, although prepayment accounted for the least expensive bill in 2022 and 2023. For most of the decade, prepayment incurred the highest average bills for consumers, however from 2016 it has been surpassed by standard credit. In 2023, standard credit customers paid an average of 959 pounds for their electricity bill. The average domestic standard electricity bill in the UK has increased over the past decade for all payment methods.

This statistic displays the average domestic standard electricity bills in the United Kingdom by direct debit payment in 2019. Northern Ireland had the cheapest annual standard electricity bills by direct debit.

The Energy Bills Rebate Scheme aims to support households with a £150 non-repayable Council Tax Energy Rebate in Council Tax bands A to D, and a Discretionary Energy Bill Rebate to support vulnerable households in need.The rebate is applicable to the financial year 2022/23.This dataset shows the amounts and number of awards provided for by the grant made to the council by the government and the current status of the council's progress in passing this to households.This dataset is supported by the Energy Rebate Scheme - Ward Data dataset which presents a breakdown of this data at a ward level. A map view of this data is shown under the "Ward Map" tab.The scheme is now closed.

In April 2025, electricity prices in the United Kingdom amounted 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.

The Electricity Supply industry has developed considerably since its liberalisation in 1999. Following a period in which the Big Six suppliers dominated, energy regulator Ofgem endeavoured to introduce greater competition to the market as part of attempts to drive down energy bills. Major mergers and acquisitions effectively brought the dominance of the former Big Six suppliers to an end at the end of 2019-20. Along with weakening electricity consumption, swelling competition has applied further pressure on revenue in recent years. Electricity suppliers' revenue is slated to climb at a compound annual rate of 4.7% to reach £49.8 billion over the five years through 2024-25. The introduction of the standard variable tariff price cap in January 2019 squeezed revenue growth. The pandemic exacerbated the drop in revenue, as widespread tariff reductions compounded the effects of reduced electricity consumption. With suppliers bound by the energy price cap, soaring wholesale prices led to widening operating losses in 2021-22, albeit with a modest revenue recovery. A renewed spike in wholesale prices led to a continued wave of insolvencies among energy suppliers going into 2022-23, with 31 suppliers falling victim to the energy crisis. Soaring non-domestic energy bills and significant hikes to the SVT price cap spurred significant revenue growth in 2022-23, while the transfer of customer accounts from failed suppliers reinstated the dominance of major suppliers. The introduction of the Energy Price Guarantee (EPG) and support for business energy customers prevented energy prices from spiralling out of control going into 2023-24. A faster-than-anticipated drop in wholesale electricity prices has eased pressure on operating profit in the current year, contributing to an estimated 10.1% revenue contraction. Revenue is forecast to sink at a compound annual rate of 0.9% to £47.6 billion over the five years through 2029-30. Prices will remain elevated in the medium term as concerns surrounding supplies of Russian fossil fuels into Europe inflate wholesale costs. Wholesale prices are set to stabilise in the long term, spurring tariff reductions. The continued drop in electricity consumption is also set to limit growth prospects in the coming years.

UK Electricity decreased 29.05 GBP/MWh or 28.36% 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.

This statistic shows the distribution of energy bill responsibility in Great Brtitain (UK) in 2014, by gender. 90 percent of males surveyed stated they were responsible for paying the energy bill in their homes, the same was true for 77 percent of female respondents.

This statistic shows energy bill responsibility in Great Britain (UK) in 2014, by age. Of those surveyed, 54 percent in the 18-24 age group stated they were not responsible for paying the energy bill in their home.