In April 2025, electricity prices in the United Kingdom amounted to 93.5 British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged 363.7 British pounds per megawatt-hour.
Electricity price stabilization in Europe
Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.
… and in the United Kingdom?
The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.
Monthly average electricity prices based on day-ahead baseload contracts in the United Kingdom from January 2013 to April 2025
(in British pounds per megawatt-hour)
According to the source, data until February 28, 2021, comes from a third-party Price Reporting Agency’s price assessment of over-the-counter trading through brokers.
From March 1, 2021, data comes directly from brokers and is an average monthly price weighted by volume.
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Ember. (May 2, 2025). Monthly average electricity prices based on day-ahead baseload contracts in the United Kingdom from January 2013 to April 2025 (in British pounds per megawatt-hour) [Graph]. In Statista. Retrieved June 07, 2025, from https://www.statista.com/statistics/589765/average-electricity-prices-uk/
Ember. "Monthly average electricity prices based on day-ahead baseload contracts in the United Kingdom from January 2013 to April 2025 (in British pounds per megawatt-hour)." Chart. May 2, 2025. Statista. Accessed June 07, 2025. https://www.statista.com/statistics/589765/average-electricity-prices-uk/
Ember. (2025). Monthly average electricity prices based on day-ahead baseload contracts in the United Kingdom from January 2013 to April 2025 (in British pounds per megawatt-hour). Statista. Statista Inc.. Accessed: June 07, 2025. https://www.statista.com/statistics/589765/average-electricity-prices-uk/
Ember. "Monthly Average Electricity Prices Based on Day-ahead Baseload Contracts in The United Kingdom from January 2013 to April 2025 (in British Pounds per Megawatt-hour)." Statista, Statista Inc., 2 May 2025, https://www.statista.com/statistics/589765/average-electricity-prices-uk/
Ember, Monthly average electricity prices based on day-ahead baseload contracts in the United Kingdom from January 2013 to April 2025 (in British pounds per megawatt-hour) Statista, https://www.statista.com/statistics/589765/average-electricity-prices-uk/ (last visited June 07, 2025)
Monthly average electricity prices based on day-ahead baseload contracts in the United Kingdom from January 2013 to April 2025 (in British pounds per megawatt-hour) [Graph], Ember, May 2, 2025. [Online]. Available: https://www.statista.com/statistics/589765/average-electricity-prices-uk/
