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.

Household electricity prices in the United Kingdom averaged 22.03 euro cents per kilowatt-hour (kWh) in the first half of 2020. Over the past decade, household electricity prices have seen an overall increase, peaking at 22.10 euro cents per kWh in the second half of 2019. On average, the UK pays some of the highest electricity prices in Europe. Annual electricity billsIn 2019, the average annual domestic electricity bill for those with an electricity consumption of up to 3,800 kWh was 608 British pounds. In comparison, those with a consumption of 6,000 kWh paid 837 British pounds. Payment methods also affect electricity bills, with consumers who used prepayment paying the least. In 1970, the overall expenditure on electricity by all end users in the UK amounted to 1.5 billion British pounds. This increased significantly in the following decades and amounted to nearly 38 billion pounds by 2018.

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.

This statistic shows the expenditure on electricity by domestic end users in the United Kingdom (UK) from 1970 to 2018, in million British pounds. It shows that the expenditure on electricity increased significantly over this period, from 645 million British pounds in 1970 to approximately 17.8 billion British pounds in 2018. In the year 2000, the expenditure actually decreased when compared to 1995, but continued to increase in the following years.

UK Electricity decreased 28.90 GBP/MWh or 28.21% 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.

UK Gas fell to 80.14 GBp/thm on July 18, 2025, down 2.38% from the previous day. Over the past month, UK Gas's price has fallen 18.23%, but it is still 8.90% higher 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 July of 2025.

This statistic shows the average price for gas oil (excluding VAT), in pence per liter, in the United Kingdom (UK) between ************* and *************. The year on year price of gas oil increased strongly between 2008 and 2011 after which it began to slightly decrease, most dramatically over 2014 and 2015 when gas oil prices declined to approximately **% of the ************* price. In 2018, the gas oil price reached ***** pence per liter.

United Kingdom HICP: Weights: Housing, Water, Electricity, Gas & Other Fu data was reported at 134.000 Per 1000 in Sep 2018. This stayed constant from the previous number of 134.000 Per 1000 for Aug 2018. United Kingdom HICP: Weights: Housing, Water, Electricity, Gas & Other Fu data is updated monthly, averaging 128.000 Per 1000 from Jan 1988 (Median) to Sep 2018, with 369 observations. The data reached an all-time high of 144.000 Per 1000 in Dec 2012 and a record low of 103.000 Per 1000 in Dec 2004. United Kingdom HICP: Weights: Housing, Water, Electricity, Gas & Other Fu data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.I008: Harmonised Index of Consumer Prices: Weights.

United Kingdom Purchase Price: Electricity: Small Scale Industry data was reported at 11.616 0.01 GBP/kWh in Jun 2018. This records an increase from the previous number of 11.295 0.01 GBP/kWh for Mar 2018. United Kingdom Purchase Price: Electricity: Small Scale Industry data is updated quarterly, averaging 6.510 0.01 GBP/kWh from Mar 1989 (Median) to Jun 2018, with 118 observations. The data reached an all-time high of 11.616 0.01 GBP/kWh in Jun 2018 and a record low of 4.170 0.01 GBP/kWh in Sep 2003. United Kingdom Purchase Price: Electricity: Small Scale Industry 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.

The price per unit of sports and energy drinks in the United Kingdom was forecast to increase between 2024 and 2029, and should reach almost **** British pounds by 2029.Find further information on the British energy and drinks market here.

United Kingdom Purchase Price: Electricity: Total Average data was reported at 8.903 0.01 GBP/kWh in Jun 2018. This records a decrease from the previous number of 8.918 0.01 GBP/kWh for Mar 2018. United Kingdom Purchase Price: Electricity: Total Average data is updated quarterly, averaging 4.125 0.01 GBP/kWh from Mar 1989 (Median) to Jun 2018, with 118 observations. The data reached an all-time high of 8.918 0.01 GBP/kWh in Mar 2018 and a record low of 2.760 0.01 GBP/kWh in Jun 2003. United Kingdom Purchase Price: Electricity: Total Average 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.

This statistic shows the direct fuel costs of the domestic electricity supply of United Kingdom (UK) based energy supplier Centrica from 2010 to 2018, in million British pounds. Direct fuel costs of the domestic electricity supply amounted to nearly 1.39 billion British pounds in 2010 and 2014, falling on the subsequent years. The direct fuel costs amounted to 973.2 million British pounds as of 2018.

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.

United Kingdom Purchase Price: Electricity: Medium Scale Industry data was reported at 10.241 0.01 GBP/kWh in Jun 2018. This records a decrease from the previous number of 10.259 0.01 GBP/kWh for Mar 2018. United Kingdom Purchase Price: Electricity: Medium Scale Industry data is updated quarterly, averaging 4.830 0.01 GBP/kWh from Mar 1989 (Median) to Jun 2018, with 118 observations. The data reached an all-time high of 10.259 0.01 GBP/kWh in Mar 2018 and a record low of 3.150 0.01 GBP/kWh in Jun 2003. United Kingdom Purchase Price: Electricity: Medium Scale Industry 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.

United Kingdom Purchase Price: Gas: Total Average data was reported at 1.957 0.01 GBP/kWh in Jun 2018. This records a decrease from the previous number of 2.010 0.01 GBP/kWh for Mar 2018. United Kingdom Purchase Price: Gas: Total Average data is updated quarterly, averaging 0.894 0.01 GBP/kWh from Mar 1990 (Median) to Jun 2018, with 114 observations. The data reached an all-time high of 2.597 0.01 GBP/kWh in Mar 2013 and a record low of 0.437 0.01 GBP/kWh in Sep 1996. United Kingdom Purchase Price: Gas: Total Average 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.

This statistic displays the average weekly household expenditure on gas in countries in the United Kingdom (UK) from the financial years ending 2016 to 2018, in British pounds. It shows that Northern Ireland had significantly lower weekly gas expenditure in the UK than England, Scotland and Wales, with the average cost at *** British pounds. England households had the highest gas expenditure on average.