Households in Great Britain will have their energy bills capped at ***** British pounds per year from October 2022 onwards, due to the measures introduced by the UK government in September of 2022. This will result in savings of around ***** for the average household, compared with the previous price cap, which was set to increase to ***** per year.

UK Electricity decreased 28.43 GBP/MWh or 27.75% 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.

The average wholesale electricity price in August 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.

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 6.2% to reach £52.1 billion over the five years through 2025-26. 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 from pandemic-induced lows. 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 since eased pressure on operating profit and caused revenue to come-down. However, wholesale prices and energy bills remain significantly above levels seen prior to the energy crisis. Revenue is forecast to decline by 4.5% in the current year. Revenue is forecast to creep up at a compound annual rate of 0.1% over the five years through 2030-31, reaching £52.3 billion. 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.

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

Quarterly data and statistics on energy prices to domestic and industrial consumers for all the major fuels. Accredited Official Statistics Alternative title: QEP

UK Gas fell to 79.34 GBp/thm on September 11, 2025, down 2.16% from the previous day. Over the past month, UK Gas's price has fallen 0.18%, and is down 6.13% compared to the same time last year, 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 September of 2025.

In 2022/23, the government of the United Kingdom spent approximately ** billion British pounds on the energy price guarantee policy, the most out of any other support policy announced to combat the Cost of Living crisis.

Energy Inflation in the United Kingdom increased to 1.40 percent in July from -0.70 percent in June of 2025. This dataset includes a chart with historical data for the United Kingdom Energy Inflation.

Success.ai’s LinkedIn Company Data for the Renewable Energy Sector Worldwide provides a powerful and accurate dataset tailored for businesses and organizations aiming to connect with renewable energy companies and professionals globally. Covering roles and firms involved in solar, wind, hydro, and other renewable energy solutions, this dataset offers verified LinkedIn profiles, firmographic insights, and detailed decision-maker data.

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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.

DOI Abstract copyright UK Data Service and data collection copyright owner. The International Energy Agency (IEA) World Energy Prices database includes annual energy prices data for gasoline, automotive diesel, electricity and other products.Energy prices are a significant part of our domestic expenditures, play an important role for industrial competitiveness and influence energy consumption patterns. End-use prices-paid by final consumers- are affected by movements in commodity markets as well as policy decisions. As countries move away from regulated pricing, monitoring energy end-use prices around the world has become increasingly important for analysts and policy makers. World Energy Prices aims to serve this purpose by being the most reliable database that uses official sources with transparent and documented methodologies for each country. Main Topics: Topics covered include:ElectricityTransportTransport FuelsConsumer Price IndicesOther products Aggregation 1969 2022 AGRICULTURE Afghanistan Albania Algeria Andorra Angola Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan BOILERS Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi CALORIES CHEMICALS COAL CONSTRUCTION ENGINE... CONSUMPTION Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Rep... Chad Channel Islands Chile China Colombia Comoros Congo Costa Rica Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic ELECTRIC POWER ENERGY EXPORTS AND IMPORTS Ecuador Egypt El Salvador Energy and natural ... Equatorial Guinea Estonia Ethiopia Europe European Union Coun... FISHING INDUSTRY FOOD FORESTRY FOSSIL FUELS Faroe Islands Finland France GAS FUELS GEOTHERMAL ENERGY Gabon Gambia Georgia Germany October 1990 Ghana Gibraltar Greece Grenada Guatemala Guinea Guinea Bissau HEATING SYSTEMS HYDROPOWER Honduras Hong Kong Hungary INDUSTRIAL PLANTS INDUSTRIAL PRODUCTION INDUSTRIES IRON Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jordan Kazakhstan Kenya Kosovo Kuwait Kyrgyzstan LEATHER Latvia Lebanon Lesotho Liberia Lithuania Luxembourg MACHINES MARKETING METALS MINERALS MINING Macao Macedonia Madagascar Malawi Malaysia Mali Malta Mauritania Mauritius Mexico Moldova Montenegro Morocco Mozambique Multi nation NUCLEAR ENERGY Namibia Nepal Netherlands New Zealand Nicaragua Niger Nigeria Norway PAPER PEAT PETROLEUM PRODUCTS PRODUCTION PUBLIC SERVICES PUMPS RAILWAY TRAVEL RENEWABLE ENERGY RESIDENTIAL BUILDINGS ROAD TRAFFIC ROADS Romania Russia Rwanda SHARES SOLAR ENERGY Saint Lucia Saint Martin Saint Vincent Saotome Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Slovakia Slovenia Solomon Islands Somalia South Africa South Korea Spain Sri Lanka Sudan Surinam Swaziland Switzerland TEXTILE INDUSTRY TEXTILE PRODUCTS TOBACCO TRANSPORT Tajikistan Tanzania Thailand Togo Trinidad and Tobago Turkey Turkmenistan Uganda Ukraine United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Vietnam Virgin Islands USA WASTES WAXES WIND ENERGY WOOD Zambia Zimbabwe

In September 2024, industrial electricity prices in the European countries of Germany, Italy, and the United Kingdom were among the highest in the world, at around **** U.S. dollars per kilowatt-hour. Singapore was the Asian country with the highest electricity bill worldwide at that time. Lowest electricity prices in the world The average retail electricity price in the United States was considerably lower than in most of Europe. Iceland was the European country with one of the lowest electricity bills for enterprises that month. At the bottom of the ranking were also Russia, Iraq, Qatar, Argentina, and Libya. In these countries, commercial electricity prices amounted to less than *** U.S. dollars per kilowatt-hour. Household electricity prices In addition, European countries had the highest household electricity prices worldwide that month, with Italy at the top of the ranking. By comparison, Iran and Ethiopia had the lowest residential electricity prices in the world.