Why are energy prices different in different places?
Why do energy prices differ between locations?
What many people don’t know about energy prices, is that they are likely to change depending on where you live. There is a huge variation on the cost of gas and electricity in different regions across the UK.
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The average cost of energy per unit in London is 14.39p, whereas in Cardiff and Belfast it is 15.25p and 16.55p respectively.
In This Guide
What are the main factors that affect the price of energy in an area?
There are three main things that influence how much energy will cost in a given area. These are:
The amount of energy that a supplier sells in that region
The amount of energy that a supplier buys from the generators in that region
The amount of charges that the local distribution networks put onto your energy supply.
Which areas are the cheapest for energy?
Whilst the areas that we state here are determined by average energy price, we can safely say that Northern Scotland and the East Midlands consistently pay the lowest price per unit on their energy.
Which areas are the most expensive for energy?
Whilst the areas that we state here are determined by average energy price, we can safely say that Merseyside and Southern Wales consistently pay the highest price per unit on their energy.
What can I do to avoid paying high prices on energy?
The best way to save money on your gas and electricity bills, by avoiding high prices on energy, is to run an energy comparison. We offer a free and impartial service that allows you to see which energy deals are available to you in your area.
All we need is your postcode and your energy usage data and we’ll deliver you hundreds of results that you could be saving money with. Switching energy is easy and doesn’t have to take more than 10 minutes of your time.
With our service you can compare many different types of energy plans. We can show you the best gas deals and the cheapest electricity tariffs, or we can show you the great range of dual fuel plans that are currently on the market.
If you want to shield yourself from the ever increasing cost of energy, then why not have a look at some of the fixed rate plans that are out there? These plans will protect you from hikes in energy prices for an agreed upon length of time, meaning you’ll never have to worry about getting nasty shocks from your energy bill.
To start saving money today compare energy bills now and you’ll never have to worry about being caught out on energy prices again.
