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Written question asked by Lord Redwood (Conservative) on Monday, 11 September 2023, in the House of Commons. It was due for an answer on Wednesday, 13 September 2023. It was answered by Graham Stuart (Conservative) on Tuesday, 19 September 2023 on behalf of the Department for Energy Security and Net Zero.


Electricity: Prices

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.

Answer

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.


Secondary information

Type
Written question
Reference
198579
Session
2022-23
Subjects
Electricity Prices
Link
View this Written question on www.parliament.uk