I just checked the average price per kilowatt hour (kWh) of electricity on Martin Lewis’s site MoneySavingExpert. Figure 1 shows that on October 1st 2022 it’s going up to about 51.89p per kWh.
Martin Lewis’s site also includes a section looking at forecast future changes in the energy price cap. Using Cornwall Insight’s prediction, it’s suggesting a rise of a further 52% from Jan 1st 2023, taking the kWh price to 78.87p. A further increase of 23% is expected from April 1st 2023, taking the cost to 97.01p per kWh.
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