annual electricity bill for UK households was between 895 and 1,099 British pounds per kilowatt-hour in 2022.
Wholesale electricity prices in the United Kingdom hit a record-high in 2022, reaching almost 17 British pence per kilowatt-hour that year. Projections show that prices are bound to decrease steadily in the next few years, falling under five pence per kilowatt-hours by 2030. The Wholesale price projection of electricity in United Kingdom (UK) from 2022 to 2040 (in British pence per kilowatt-hour)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Basic Statistic Distribution of electricity suppliers in Great Britain (UK) 2014, by gender
- Premium Statistic Electricity supplier distribution by social media usage in Great Britain (UK) 2014
- Basic Statistic Electricity supplier distribution in Great Britain (UK) 2014, by tenure
- Basic Statistic U.S. residential retail price of electricity 2023, by state
- Basic Statistic Industrial retail electricity price in the U.S. 1970-2023
- Basic Statistic Non-household prices of electricity in Czechia 2008-2022
- Basic Statistic Non-household prices of electricity in Luxembourg 2008-2022
- Basic Statistic Residential electricity prices in Norway 2008-2022
- Basic Statistic Non-household prices for electricity in Estonia 2008-2022
- Basic Statistic Non-household electricity prices in Portugal 2008-2022
About the region
10
- Premium Statistic Projection of the wholesale price of crude oil in the United Kingdom (UK) 2020-2040
- Basic Statistic Levels of awareness about fracking in the United Kingdom 2012-2021
- Basic Statistic Projection of the wholesale price of natural gas in the UK 2020-2040
- Premium Statistic Non-domestic prices for electricity in the United Kingdom 2008-2022
- Basic Statistic Average selling value of electricity and gas in the UK 2010-2022
- Basic Statistic Publicly distributed electricity sales in the United Kingdom (UK) 2002-2022
- Basic Statistic Electricity availability in the United Kingdom 2002-2022
- Basic Statistic Electricity production in the United Kingdom (UK) 2000-2023, by origin
- Basic Statistic Major power producers supply of electricity in the United Kingdom 2000-2023
- Basic Statistic Projection of the retail price of super fuel for cars in the UK 2020-2035
Selected statistics
1
Other regions
10
- Premium Statistic Lowest global energy prices from generating sources by country H1 2020
- Basic Statistic Share of renewable energy in electricity in Portugal 2007-2018
- Premium Statistic Average cost of supply in Indonesia 2013-2022
- Premium Statistic Renewable energy consumption in Turkey 2007-2022
- Premium Statistic Electricity generation in Panama 2011-2020
- Basic Statistic Russia's generation of electricity 2015-2020, by fuel type
- Premium Statistic Energy consumption of electricity in the manufacturing sector Thailand 2011-2020
- Premium Statistic Industrial prices for electricity in Finland 1995-2021
- Premium Statistic Cost breakdown of an electricity bill in Great Britain (GB) 2020
- Basic Statistic Share of renewable energy in electricity in Iceland 2007-2018
Related statistics
10
- Basic Statistic Non-household prices of electricity in Cyprus 2008-2022
- Basic Statistic Non-household prices for electricity in Italy 2008-2022
- Basic Statistic Non-household prices of electricity in Malta 2008-2022
- Basic Statistic Non-household electricity prices in Slovenia 2008-2022
- Basic Statistic Household electricity prices in Belgium 2008-2022
- Basic Statistic Non-household electricity prices in Norway 2008-2022
- Basic Statistic Non-household electricity prices in the Netherlands 2008-2022
- Basic Statistic Household electricity prices for high consumption users in the EU 2022, by country
- Basic Statistic Non-household electricity prices in Austria 2008-2022
- Premium Statistic Non-household electricity prices for low consumption users in the EU 2022, by country
Further related statistics
6
- Number of employees at Yanzhou Coal Mining 2010-2020
- Historical consumer price estimates for energy in the United States 1970-2015
- U.S. enhanced geothermal systems power plant - capital cost in 2050
- Global natural gas production 2022, by country
- Global natural gas production in oil equivalent 1998-2019
- U.S. wind power generation 2009-2040
Further Content: You might find this interesting as well
Statistics
- Number of employees at Yanzhou Coal Mining 2010-2020
- Historical consumer price estimates for energy in the United States 1970-2015
- U.S. enhanced geothermal systems power plant - capital cost in 2050
- Global natural gas production 2022, by country
- Global natural gas production in oil equivalent 1998-2019
- U.S. wind power generation 2009-2040
GOV.UK, & UK Department for Business, Energy and Industrial Strategy, & Department for Energy Security and Net-Zero (UK). (October 18, 2022). Wholesale price projection of electricity in United Kingdom (UK) from 2022 to 2040 (in British pence per kilowatt-hour) [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/496328/electricity-wholesale-prices-projection-uk/
GOV.UK, und UK Department for Business, Energy and Industrial Strategy, und Department for Energy Security and Net-Zero (UK). "Wholesale price projection of electricity in United Kingdom (UK) from 2022 to 2040 (in British pence per kilowatt-hour)." Chart. October 18, 2022. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/496328/electricity-wholesale-prices-projection-uk/
GOV.UK, UK Department for Business, Energy and Industrial Strategy, Department for Energy Security and Net-Zero (UK). (2022). Wholesale price projection of electricity in United Kingdom (UK) from 2022 to 2040 (in British pence per kilowatt-hour). Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/496328/electricity-wholesale-prices-projection-uk/
GOV.UK, and UK Department for Business, Energy and Industrial Strategy, and Department for Energy Security and Net-Zero (UK). "Wholesale Price Projection of Electricity in United Kingdom (Uk) from 2022 to 2040 (in British Pence per Kilowatt-hour)." Statista, Statista Inc., 18 Oct 2022, https://www.statista.com/statistics/496328/electricity-wholesale-prices-projection-uk/
GOV.UK & UK Department for Business, Energy and Industrial Strategy & Department for Energy Security and Net-Zero (UK), Wholesale price projection of electricity in United Kingdom (UK) from 2022 to 2040 (in British pence per kilowatt-hour) Statista, https://www.statista.com/statistics/496328/electricity-wholesale-prices-projection-uk/ (last visited May 13, 2024)
Wholesale price projection of electricity in United Kingdom (UK) from 2022 to 2040 (in British pence per kilowatt-hour) [Graph], GOV.UK, & UK Department for Business, Energy and Industrial Strategy, & Department for Energy Security and Net-Zero (UK), October 18, 2022. [Online]. Available: https://www.statista.com/statistics/496328/electricity-wholesale-prices-projection-uk/