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Daily Mirror
Daily Mirror
Business
Ruby Flanagan

You could be paying £250 more for your energy due to obscure rule - how to check

Electricity United Kingdom BEIS

The average home in the UK is paying £250 more for their electricity bill than they should because of one little-known energy industry rule.

Under existing rules, energy suppliers pay the highest price for wholesale electricity no matter how it is made.

According to the climate non-profit group Carbon Tracker Initiative (CTI), this quirk in determining the price means UK households overpaid by up to £7.2billion throughout 2021 and 2022.

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