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Old 02-05-2023, 12:49   #2197
ianch99
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Re: The energy crisis

Here's a more up-to-date analysis:

https://www.euronews.com/next/2023/0...-electricity-a

The UK is 3rd highest for residential electricity prices including taxes (February 2023) at 48.5 compared to EU average of 28.3. There is also a PPS adjusted value: 41.5 v. 30.8

The main thing is that wholesale price has long since dropped to the start of the Ukraine war levels but the current price we pay has just gone up. We're being ripped off.

---------- Post added at 12:49 ---------- Previous post was at 12:47 ----------

Quote:
Originally Posted by 1andrew1 View Post
It also does say household electricity so not business.



I think it must include standing charges which is fair enough. Perhaps this is what PPS adjusted means?
Quote:
Electricity prices according to purchasing power standards (PPS)

PPS is an artificial currency unit that eliminates general price level differences between countries. Theoretically, one PPS can buy the same amount of goods and services in every country.
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