Posted on 11/18/2022 4:33:29 AM PST by george76
A study on government electricity and gas price data reveals that Brits pay the world's highest energy bills.
Norway is the country with by far the biggest increase in electricity prices worldwide.
The UK’s energy price cap was recently raised from 28p to 34p per kWh.
...
UK has the highest electricity bills. Brits pay more for their power than anywhere else on the planet.
...
Ireland..
The UK’s neighbours in the Republic of Ireland have the second highest electricity cost, paying 18.99p per kWh. .
...
Residents of Spain are paying an average of 18.51p per kWh. Electricity prices in Spain recently hit a historical high and were recently capped at €130 (£112) per megawatt hour, down from €210 (£181).
Norway is the country with by far the biggest increase in electricity prices worldwide – 91 per cent increase in electricity cost in pence/kWh since 2016.
Top 10 countries with the biggest electricity bill price increase:
...
The second highest electricity rises are in Finland – Since 2016, Finnish residents have seen their electricity bills increase by almost two-fifths (37%) on average.
Tied in third place are the Czech Republic, Denmark, and the United Kingdom, with a 35% increase in electricity prices.
(Excerpt) Read more at oilprice.com ...
Paying 31.5 cents per kwh in NH.
That is high for sure. I find that "The average residential electricity rate in New Hampshire is 23 ¢/kWh, which is 25% higher than the national average rate of 18 ¢/kWh" - https://www.energysage.com/local-data/electricity-cost/nh/
Here, "The average Massachusetts commercial electricity rate is 20.05 ¢/kWh (49% higher than the national average). The average Massachusetts residential electricity rate is 21.2 ¢/kWh (32% higher than the national average -" https://www.energybot.com/electricity-rates/massachusetts/
But then there is generation fee, distribution fee, supplier fee, and taxes. So I am actually paying 37 to 38 cents per kWH.
In Europe, the rate quoted reflects total cost; so my guess is that many of us are actually paying close to what they are.
Glass half full kind of guy…
Is Eversource your power company?
PECOs rates are high.
Nah, silver lining and sow’s ear/silk purse.
Interesting that all 10 countries paying the most for power have imposed ‘sanctions’ on Russia, even though the vast majority of countries in the world have not done that.
“Commonwealth LNG gets authorization from FERC”
That’s to make up for the Russian pipeline we took out (or Europe took out).
At this point, Europe is starved for gas, so we’re going to send a lot more of our (dwindling) supply there, which, of course will drive up electricity costs here.
paying about 12c/kwh here in Phoenix
“””Are you guys counting all charges, supplier fees, taxes, etc.? I have a “quoted rate”, but if I actually divide my actual “Amount due” from my electric bill by the kWH used for the billing period, over the past three months my average cost is around 37 cents per kWH. In SE Pennsylvania.”””
I saw your ‘all-in’ KWH price and also the New Hampshire ‘all-in Kwh price and now I more understand why the northerners are coming to Florida to pay our 14.7 cents per KWH price.
UK citizens pay world’s highest electricity prices.
President Biden says, “Hold my pudding cup!”
End oil…
You are correct in pointing out that the many extra fees and charges need to be included.
Here is a list of the charges on my monthly Florida electric bill:
First 1000 kwh usage is 10.86 cents per kwh
Over 1000 kwh usage is 12.86 cents per kwh
Then the following charges and fees are added that push the total cost to 14.7 cents per kwh
1. Base charge
2. Gross receipts tax
3. Regulatory fee
4. Franchise charge
5. Utility tax
6. Surge shield program
7. Sales Tax
8. Discretionary sales tax surcharge
You could be topping the UK ny February!
This article is complete garbage.
It says Norway has the highest increase since 2016 at 91% and the UK only 35%. In fact, UK electricity has gone up more than 380% since 2017 and I have the bills to prove it.
UK “energy price cap ... 34p per kWh” whatever that means; because I’m currently paying 38.65p per kWh - and no choice.
In CT the plan is to double the kWh cost from .12 to .24 in Jan (last winter it was .11), but that is only about half the actual bill. The rest is “distribution” charges:
https://www.greenwichtime.com/business/article/Eversource-CT-Avangrid-bill-increase-17592520.php
Google tells me that in US currency the price is $.39. Here in Cartelfornia those of us on a TOU plan pay just shy of $.60 during peak hours in summertime. Because global warming or something.
Stupid Brits.
Incorrect wording.
It should read, "The UK's energy price cap was recently lowered from 28p to 34p per kWh."
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