United Kingdom electricity prices
The residential electricity price in the United Kingdom is
GBP 0.275 per kWh or USD 0.336.
The electricity price for businesses is
GBP 0.406 kWh or
USD 0.496.
These retail prices were collected in March 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare the United Kingdom with 150 other countries.
Historical quarterly data, along with the latest update from December 2024 are available for download.
Sources: British Gas, ScottishPower, SSE Energy, UK government (Gov.uk)
Electricity price analysis for the United Kingdom
- Residential electricity prices in the United Kingdom are 227.58% of the world average electricity price and 152.65% of the average price in Europe.
- Business electricity rates in the United Kingdom are 344.31% of the world average price and 264.39% of the average in Europe.
- Household rates are 67.73% of the business rates.
- Electricity prices paid by small businesses in the United Kingdom are 104.96% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 145.52% of the price paid by households with high electricity consumption.
- Fossil fuels: 47.86%
- Wind: 29.22%
- Solar: 5.01%
- Hydro: 2.22%
- Nuclear: 15.69%
- Geothermal: 0.00%
