Close Menu
NCIJ Network NCIJ Network
    What's Hot

    Indigenous Parakanã fear election U-turn may spark new invasions in Brazil

    July 31, 2026

    France’s Wildfires Are Swallowing Its Politics

    July 31, 2026

    The NHS isn’t offering Premier League match tickets as a treatment for depression – Full Fact

    July 31, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Indigenous Parakanã fear election U-turn may spark new invasions in Brazil
    • France’s Wildfires Are Swallowing Its Politics
    • The NHS isn’t offering Premier League match tickets as a treatment for depression – Full Fact
    • Body of US climber Mallory Geis found after Broad Peak avalanche
    • Labour wins decisive victory in Greater Manchester mayoral byelection | Mayoral elections
    • Trump to Appeal Judge’s Ruling Denouncing I.R.S. Lawsuit as Exercise in Self-Dealing
    • Amazon completes $50bn investment in OpenAI
    • Rivian spinoff Also to start delivering e-bikes after months of delays
    • About
      • Our Team
      • Editorial Policy
      • Editorial Independence
      • International Support
    • Trust & Standards
      • AI Usage Policy
      • Conflict of Interest Policy
      • Corrections Policy
      • Ethics Policy
      • Fact-Checking Policy
      • Source Protection
    • Get Involved
      • Guide for Sources
      • Support Independent Journalism
    • Legal
      • Cookie Policy
      • Privacy Policy
      • Terms of Use
    Facebook X (Twitter) Instagram
    NCIJ Network NCIJ Network
    Friday, July 31
    • Home
    • World
    • Ai
    • Business
    • Politics
    • Health
    • Crypto
    • Science
    • Technology
    • Cybersecurity
    • Defense & Security
    • Economy
    • Energy
    • Europe
    • More
      • Fact Check
      • Investigations
      • Opinion & Analysis
      • Environment
    NCIJ Network NCIJ Network
    Home»Fact Check

    Viral energy price figures don’t show annual consumer energy bills across Europe – Full Fact

    NCIJ NETWNCIJ NETWORKBy NCIJ NETWNCIJ NETWORKJuly 31, 2026 Fact Check No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Posts shared thousands of times on social media claim to show a comparison of “annual energy bills around the world”, where the figure for Poland is supposedly as low as £150 compared to £2,325 in the UK.

    While it’s not clear where these specific figures come from, it appears likely that they conflate wholesale prices with consumer energy bills.

    We’ve fact checked posts with broadly similar figures claiming UK energy bills are substantially higher than those in other countries several times before. But these were actually based on wholesale electricity prices on a specific day in 2022, and did not reflect the prices paid by consumers. While the figures in these more recent posts don’t exactly match those we’ve written about before, it appears likely that they conflate prices in a similar way.

    The version currently circulating online, and shared by a councillor in Cardiff, lists nine countries in Europe and the Middle East alongside prices in pounds. The prices range from £150 for Poland and £485 for France, up to £590 in Israel, but the UK is listed with a much higher price at £2,325. The text above the list says: “Annual energy bills around the world”.

    We’ve previously fact checked similar figures claiming average energy costs are €174 in Poland, €650 in France and €2,960 in the UK. As well as listing different prices, these earlier posts did not include Israel, and included some different countries such as Denmark and “Holland”.

    What do the figures show?

    When we looked at these similar claims in 2023, we spoke to Epex Spot, also known as the European Power Exchange, which is used by more than 450 companies across Europe to buy and sell electricity at short notice to meet demand. They told us that those figures corresponded to day-ahead prices per megawatt hour (MWh) of electricity, for delivery on 12 December 2022, specifically for hour 19 (between 6pm and 7pm).

    These prices are not what consumers pay for energy, or an annual cost. They are how much companies in those countries paid for electricity delivery in one specific hour on 12 December 2022.

    When we asked Epex Spot about new figures being shared, it told us that while these new figures do not correspond to the Day-Ahead wholesale electricity prices for 12 December 2022, they do “appear to be another example of wholesale electricity market data being presented incorrectly as consumer energy bills or average national energy costs”.

    Epex Spot said: “It is important to note that wholesale electricity prices and final consumer energy bills are fundamentally different metrics. Wholesale prices reflect the outcome of electricity trading between market participants for specific delivery periods and can vary significantly from hour to hour. Final energy bills paid by households and businesses also include network charges, taxes, levies, supplier costs, and other components, and therefore cannot be equated with wholesale market prices.”

    It’s not clear whether these most recent figures may have been sourced from another platform, or based on a different day, however Epex Spot told us that 12 December 2022 was the only day it could find on which Day-Ahead prices for the UK exceeded £2,000 per MWh.

    Using the July 2026 Ofgem price cap rates, the average annual energy cost for the average British household paying by Direct Debit, is currently £1,663 a year. This is far lower than the £2,325 figure being shared online. However, energy prices did peak at an average of £2,380 under the Energy Price Guarantee from October 2022 to June 2023.

    The Household Energy Price Index, a study funded by the Austrian and Hungarian energy regulators, measures consumer energy prices in the capital cities of 33 European countries.

    In June 2026, out of the countries in the post, electricity cost the most in Belgium at 38 cents per kilowatt hour, followed by Germany, where it was 37c€. In the UK it was 36c€ (approximately 31p) while the European average was 25c€.

    annual bills Consumer dont energy Europe Fact figures Full Price show viral
    NCIJ NETWNCIJ NETWORK
    • Website

    Keep Reading

    The NHS isn’t offering Premier League match tickets as a treatment for depression – Full Fact

    Paul Distorts Fauci’s Diary Entry About COVID-19 and Wet Market

    Will Trump be Burnham’s undoing, or the making of him? The answer lies in Europe | Jonathan Freedland

    Apple’s new AirTags are back down to their best price

    Here’s how many times Trump invoked Fifth Amendment in civil fraud trial, according to a judge

    Africa’s Energy Curse Is a Political Choice by Rabah Arezki & Michael L. Ross

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Indigenous Parakanã fear election U-turn may spark new invasions in Brazil

    July 31, 2026

    France’s Wildfires Are Swallowing Its Politics

    July 31, 2026

    The NHS isn’t offering Premier League match tickets as a treatment for depression – Full Fact

    July 31, 2026

    Body of US climber Mallory Geis found after Broad Peak avalanche

    July 31, 2026
    Latest Posts

    New to Linux? This 10-day checklist will help you settle in nice and easy

    July 22, 2026

    Tories ask HMRC to investigate whether Nigel Farage owes tax on £5m gift | Nigel Farage

    July 22, 2026

    Greece derails EU’s Russia sanctions plan – POLITICO

    July 22, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    NCIJ Network is an independent digital news platform delivering trusted investigative journalism, European and global news, in-depth analysis, and fact-based reporting with accuracy, transparency, and integrity.

    Facebook X (Twitter) Instagram Pinterest YouTube

    Indigenous Parakanã fear election U-turn may spark new invasions in Brazil

    July 31, 2026

    France’s Wildfires Are Swallowing Its Politics

    July 31, 2026

    The NHS isn’t offering Premier League match tickets as a treatment for depression – Full Fact

    July 31, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Type above and press Enter to search. Press Esc to cancel.