New Study Reveals UK Energy Bill Hike of £1.1 Billion in 2022 Despite Decline in Consumption
BOXT’s latest research report delves deep into the energy consumption trends and costs faced by households in the UK. The study uncovers the mean energy consumption rates and related bills for different types of households throughout the country.
Interestingly, the study showed that despite a drop in average energy consumption, the UK had to bear an additional cost of £1.1 billion on its energy bills in 2022. BOXT’s research also analysed how the year’s seasonal patterns and a property’s features impact energy consumption.
For instance, the study discovered that flats or 1-bedroom houses with 1-2 residents typically utilize 8,000 kWh of gas and 1,800 kWh of electricity every year, with an annual gas bill of £996 and an electricity bill of £717 including standing charges. On the other hand, a 3-bedroom house uses approximately 12,000 kWh of gas and 2,900 kWh of electricity, resulting in a combined annual energy bill of £2,500.
BOXT’s investigation further revealed that appliances such as fridge-freezers consume the most electricity, costing around £138.72 each year. Electric tumble dryers and hobs follow closely behind, with estimated annual costs of £125.80 and £102.35, respectively, based on usage 424 times per annum.
The study also shed light on the period between 1995 to 2022, showing that the first quarter (January to March) saw the highest consumption of gas and electricity in the UK. BOXT’s report highlights that the country’s mean electricity usage during these three months stands at 89.28 TWh, which accounts for an estimated £30.3 billion based on current costs.
Interestingly, BOXT’s research discovered that properties built before the 1930s had the lowest energy efficiency, with an average rating of 59, which falls significantly short of the lower C rating of 69. In contrast, properties built after 2012 were rated as the most energy-efficient, with a median EPC rating of 83, a B rating.
Moreover, properties built between 1983 to 2011 have an average EPC rating of 71 in England and Wales, which meets the government’s minimum EPC rating threshold set for 2025. Overall, BOXT’s report provides an intricate view of the nation’s energy landscape and a comprehensive analysis of household energy consumption patterns and related costs.
