Soaring energy prices are squeezing homes and businesses across the UK and Europe, prompting leaders to implement support measures such as the UK’s Energy Price Guarantee. Yet it is often unclear to a consumer how much they are spending on energy. For those not on prepayment meters, there is no direct fee each time a light is switched on or a cup of tea is made.
Energy bills also tend to be paid in average monthly sums spread across a year. This protects households from winter price rises when energy use increases. But it also means that the amount households pay for energy is not directly linked to their daily or monthly energy consumption. This separates households from their energy use and the bills they pay.
