Trend in electricity consumption and its impact on life costs
Trend in electricity consumption and its impact on life costs

Summary/Abstract: Electricity consumption in the company, whether it’s households, businesses, or the total consumption of the company is growing. This increase has a major impact on living standards. In general, the higher the relative price of energy increases (relative to income), the fewer resources remain for consumption and investment. This impact is essential because each household is both directly energy consumers and, on the other hand, everyone pays for the increased energy price projected into everyday consumer purchases. Electricity is an essential part of the total energy requirements. But its price is made up of its supply and its distribution. The difference in the trend of the prices of these two components is a source of rising costs and at a time when the price for electricity supply decreases. This article explains the influence of the trend of individual components on its overall cost and at the end offers a reflection on where our payments end.

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