economy

Pubs now paying nearly £270m more a year for electricity than in 2020

Pubs are together paying nearly £270 million more a year for electricity than in 2020, industry figures show.

Pubs now paying nearly £270m more a year for electricity than in 2020

TL;DR

  • Pubs are paying nearly £270 million more per year for electricity than in 2020.
  • The average pub faces an annual electricity bill increase of approximately £6,000.
  • To cover these hikes, pubs need to sell an additional 1,240 pints annually.
  • Industry groups, like Electrify Britain, urge the government to remove levies and infrastructure costs from electricity bills.
  • A 20% cut in business rates for pubs, social clubs, and live music venues in England will be implemented from April.
  • Campaign for Real Ale suggests further support with electricity bills could be more impactful than the business rates cut.