United Kingdom electricity prices

United Kingdom
Electricity prices
 Residential price 0.436
 Business price 0.425
 Measure USD / kWh
 Reference September 2023
 Data availability March 2019 - March 2024
 Data frequency Quarterly
United Kingdom, September 2023: The price of electricity for households is GBP 0.351 per kWh or USD 0.436 per kWh. The electricity price for businesses is GBP 0.342 kWh or USD 0.425 per kWh. This includes all components of the electricity bill such as the cost of power, distribution and taxes. For comparison, the average price of electricity in the world for that period is USD 0.154 per kWh for households and USD 0.150 per kWh for businesses. We calculate several data points at various levels of electricity consumption for both households and businesses but on the chart we show only two data points. For households, the displayed number is calculated at the average annual level of household electricity consumption. For businesses, the displayed data point uses 1,000,000 kWh annual consumption.

The latest business and household electricity price data from March 2024 are available for download.
Electricity prices for households, September 2023
(kWh, U.S. Dollar)
0.002
0.003
0.006
0.006
0.006
0.008
0.013
0.014
0.015
0.015
0.017
0.020
0.021
0.022
0.023
0.024
0.026
0.028
0.029
0.029
0.032
0.040
0.043
0.046
0.046
0.047
0.048
0.048
0.049
0.050
0.052
0.052
0.054
0.057
0.059
0.060
0.064
0.064
0.066
0.067
0.069
0.075
0.075
0.076
0.076
0.077
0.080
0.081
0.087
0.089
0.089
0.090
0.092
0.094
0.095
0.096
0.096
0.104
0.105
0.110
0.110
0.111
0.114
0.115
0.118
0.118
0.119
0.120
0.123
0.124
0.125
0.127
0.129
0.131
0.132
0.135
0.137
0.140
0.142
0.144
0.151
0.151
0.151
0.155
0.156
0.158
0.159
0.164
0.168
0.168
0.170
0.171
0.172
0.173
0.175
0.177
0.181
0.182
0.185
0.188
0.189
0.196
0.199
0.199
0.200
0.202
0.202
0.204
0.205
0.205
0.211
0.212
0.212
0.216
0.216
0.217
0.220
0.232
0.233
0.233
0.234
0.235
0.250
0.251
0.252
0.261
0.270
0.275
0.278
0.296
0.305
0.310
0.311
0.324
0.333
0.340
0.342
0.343
0.360
0.393
0.401
0.421
0.425
0.436
0.446
0.451
0.453
0.526
0
0.1
0.3
0.4
0.53
Sources: British Gas, Scottish Power, SSE, UK government (Gov.uk)
United Kingdom: Electricity price analytics
   Values
 Residential / World average price    2.83
 Business / World average price    2.63
 Residential / Business price    1.09
 Low / High consumption, residential    1.47
 Low / High consumption, business    1.19
Updated quarterly. Methodological notes
This site uses cookies.
Learn more here


OK