Rising inflation in the United Kingdom throughout 2022 has put pressure on businesses faced with larger energy bills. As of August 2022, approximately three-quarters of small and medium-sized enterprises (SMEs), that reported increased energy costs, advised that these higher energy costs would result in higher costs for their customers. Although 34 percent of these SMEs thought they could sustain higher energy costs for as long as needed, nine percent believed they could not afford them at all.
To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients?
Characteristic
Share of respondents
Higher energy prices will mean much higher prices for customers
34%
Higher energy prices will mean slightly higher prices for customers
41%
Higher energy prices will not change the prices we charge customers
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
YouGov. (August 30, 2022). To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients? [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
YouGov. "To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients?." Chart. August 30, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
YouGov. (2022). To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients?. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
YouGov. "To What Extent, If at All, Will Higher Costs of Energy for Your Business Affect Prices for Your Customers/Clients?." Statista, Statista Inc., 30 Aug 2022, https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
YouGov, To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients? Statista, https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/ (last visited July 22, 2024)
To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients? [Graph], YouGov, August 30, 2022. [Online]. Available: https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
