Report into UK Energy Expenditure Shares - A Long Term View

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Deller, David and Waddams, Catherine (2017) Report into UK Energy Expenditure Shares - A Long Term View. Centre for Competition Policy.

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Abstract

This paper maps the percentage of household expenditure devoted to energy by UK households over the past 25 years. Mapping household energy expenditure shares over the long-run provides a solid evidence base for discussing the distributional aspects of the UK’s retail energy market. By looking over the long-run recent high expenditure shares are placed in context with low energy expenditure shares in the late 1990s and early 2000s appearing more exceptional. The large variations in energy expenditure shares across households, and through time, highlight the varying political saliency of energy and the dramatically more pressing budget choices facing low income households after energy price rises. While increased affordability pressures over the past 10 years support the political expediency of recent commitments to re-regulate energy prices, it is striking that many affordability support policies were first introduced when energy was at its most affordable. Casual empiricism suggests government ideology and the election cycle may be as important as energy expenditure shares in determining affordability support policies.

Item Type: Book
Faculty \ School: Faculty of Social Sciences > Norwich Business School
UEA Research Groups: Faculty of Social Sciences > Research Centres > Centre for Competition Policy
Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group
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Depositing User: Pure Connector
Date Deposited: 26 Aug 2017 05:08
Last Modified: 24 Sep 2024 08:39
URI: https://ueaeprints.uea.ac.uk/id/eprint/64685
DOI:

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