Energy bills for UK households have risen faster than in many EU countries, but this is not because the EU has a lower price cap on energy than the UK, as claimed widely on social media. The EU doesn’t have a price cap on gas, although some EU states do.
. The current cap is equivalent to £70 per mWh, though this price doesn’t include the standing charge gas customers pay each day, regardless of how much gas they use.: “To be clear individual countries who are members of the EU have set retail price caps substantially below those of the UK.”
It is true that energy bills for UK households have risen faster than in many EU countries, however, this is not because the EU has established a lower price cap on energy than the UK.
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