Why are energy prices in the UK so expensive?
May 5, 2025
The UK had an average electricity price of 27.03p/kWh from the 1st April (capped by Ofgem), which when normalised for EUR:GBP at 0.85, is roughly 2-3x that of some European countries like Sweden (15.3p/kWh), Norway (10.2p/kWh), and Iceland (7p/kWh). Why?.