Household energy spending: seven things you should know.
1. UK households spent an average of £106 a month on household energy in 2012. This was a 55% rise on the 2002 monthly spend, after accounting for inflation. This is despite a decline in average energy usage.
UK households spent an average of £106 a month on electricity, gas and other household fuels[1] in 2012. This compares to £69 a month in 2002, after adjusting for inflation using the Consumer Price Index (CPI). This means there was a 55% increase in average household spending on energy between 2002 and 2012.
Over this same time period, household energy use has fallen, with figures from the Department of Energy and Climate Change (DECC) showing that the average amount of energy used per household was 17% lower in 2012 than in 2002. This means the increase in the average amount households are spending is explained solely by rises in energy prices.
Average household energy use has fallen for a number of reasons. These in...
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