Scottish Power: domestic electricity supply WACOE 2010-2018| Statista

This statistic shows the weighted average cost of electricity (WACOE) of the domestic electricity supply of United Kingdom (UK) based energy supplier Scottish Power from 2010 to 2018. The average costs peaked at 78.2 British pounds per megawatt hour in 2011 but dropped to 59.2 British pounds per megawatt hour in 2012. In 2018, the WACOE amounted to 53.2 British pounds per megawatt hour.

Scottish Power WACOE* of the domestic electricity supply in the United Kingdom (UK) from 2010 to 2018 (in British pounds per megawatt hour)

Characteristic	Costs in British pounds per megawatt hour
2018	53.2
2017	51.7
2016	49.7
2015	54.7
2014	58.4
2013	58.5
2012	59.2
2011	78.2
2010	68.3

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

Release date

April 2019

More information

Region

United Kingdom

Survey time period

2010 to 2018

Supplementary notes

Since 2009, the Office of Gas & Electricity Markets (OFGEM) require the so-called 'Big Six' large energy suppliers to provide an annual consolidated statement (CSS) to show the costs, revenues and profits for the different segments of their generation and supply businesses.
* ‘WACOF/E/G’ is weighted average cost of fuel (nuclear), electricity (supply) and gas (thermal and supply) calculated by dividing direct fuel costs by volumes. For the Thermal sub-segment the cost of carbon emissions is added to direct fuel costs before dividing by the generated volume. The weighted average is only given for the conventional electricity generation.

Citation formats