Answers to my Written Parliamentary Questions – electricity prices

Department for Energy Security and Net Zero provided the following answer to your written parliamentary question (198579):

Question:
To ask the Secretary of State for Energy Security and Net Zero, whether she has made a comparative assessment of UK electricity prices compared to those charged in the United States. (198579)

Tabled on: 11 September 2023

Answer:
Graham Stuart:

Domestic and industrial electricity prices for countries that are members of the International Energy Agency (IEA) are published in Quarterly Energy Prices tables 5.5.1 and 5.3.1 respectively.

Table 5.5.1: https://www.gov.uk/government/statistical-data-sets/international-domestic-energy-prices and Table 5.3.1: https://www.gov.uk/government/statistical-data-sets/international-industrial-energy-prices

Average electricity prices in the United States are among the lowest in the IEA, below those in the UK, and they have been one of the 5 countries with the lowest prices across the IEA since the mid-2000s. Electricity prices vary by locality in the United States based on the availability of power plants and fuels, local fuel costs, and pricing regulations.

 

JR Comment

This reveals that UK suffers a major competitive disadvantage by going for expensive electricity, along with high energy and carbon taxes. To have a stronger industrial base we need cheaper energy.

5 Comments

  1. Mark B
    September 22, 2023

    Good morning.

    Cheaper energy = cheaper goods (assuming they are made here) = Greater prosperity.

    I doubt anyone in government or the CS has ever thought of that ?

    1. Bloke
      September 22, 2023

      The cost of energy finds its way into virtually everything bought. If the government charged tax only on energy, it would reach everybody according to what they consumed, whether as fuel at home or used for products in their manufacture. However, the government charges thousands of different items in needlessly complex ways and at different muddled rates just to raise one sum: the money it needs to spend.

  2. agricola
    September 22, 2023

    Yet more bullshit to cover the fact that the USA enjoys much cheaper energy by utilising their own resources, while our government maintains its virginity on the world stage by ignoring our own resources. Have you noticed how vehicle fuel has risen in the past month in response to OPEC control. The only gain is by companies selling UK oil at world prices on the world market. UK government should be damned for starving the UK of its own fuel.

  3. BW
    September 22, 2023

    In the last 14 days the standing charge was more than the electricity used. Standing charges are a farce.

  4. Mark
    September 23, 2023

    I see the subsidies in the Netherlands were so lavish that the smallest consumers were actually paid to use electricity.

Comments are closed.