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1.95p per Unit.

In an episode of Public Eye from around the mid '60s, the cost of electricity was quoted as 1.95p per unit.

 

Has it gone up in real terms? Back in the mid '60s the weekly wage was about £15.00/£25.00 per week for the average labourer.

 

Z.

  • I remember posters advertising soldiers wages as being £27.50 a week in about 1966. Today it is about £18k.

     

    Z.

  • Do you mean 1.95 new pence or old pence? If the former, then based on the BoE inflation calculator, £0.0195 in 1965 costs £0.386 in 2020. i.e. it would be 37p per unit now if it had kept pace with inflation.

  • Zoomup: 
     

    I remember posters advertising soldiers wages as being £27.50 a week in about 1966. Today it is about £18k.

    £18k per week - they are not footballers!!!

  • wallywombat: 
     

    Do you mean 1.95 new pence or old pence? If the former, then based on the BoE inflation calculator, £0.0195 in 1965 costs £0.386 in 2020. i.e. it would be 37p per unit now if it had kept pace with inflation.

    15 February 1971, the day on which each country decimalised its respective £.s.d. currency of pounds, shillings, and pence. Yes I was referring to “old pence” or “d” really.

     

    Z.

  • Although there was a formal  Decimalisation Day, there was quite a long period of dual pricing with old and new pence running along side,  from about1969 onwards,  and for  many years after things like jam at village sales were marked up in ‘np’ for new pence, to avoid confusing the older generation into applying spurious factors of 2.4 .

    There were also some TV public information films showing the old coins spinning round to reveal the new values. (One shilling becoming 5 new pence etc.)

    I was however very young, and all this is blurred with memories of moon landings and “helping” dad do things to the TV, that actually I realise later involved adding a UHF tuner and some other hacks to make  it receive the then fairly new BBC2 so we could watch less main stream things like programmes about the moon landings….

     

    Mike.

     

    PS and if you can remember that sort of detail liek the price of electricity from programmes of that era, you are doing well, I assume it was a repeat or an internet find.

  • Former Community Member
    0 Former Community Member

    mapj1: 
     

    Although there was a formal  Decimalisation Day, there was quite a long period of dual pricing with old and new pence running along side,  from about1969 onwards,  and for  many years after things like jam at village sales were marked up in ‘np’ for new pence, to avoid confusing the older generation into applying spurious factors of 2.4 .

    There were also some TV public information films showing the old coins spinning round to reveal the new values. (One shilling becoming 5 new pence etc.)

    I was however very young, and all this is blurred with memories of moon landings and “helping” dad do things to the TV, that actually I realise later involved adding a UHF tuner and some other hacks to make  it receive the then fairly new BBC2 so we could watch less main stream things like programmes about the moon landings….

     

    Mike.

     

    PS and if you can remember that sort of detail liek the price of electricity from programmes of that era, you are doing well, I assume it was a repeat or an internet find.

    I have a DIY book from 1931 which gives the price of electric at 1d/unit for lighting and 8d/unit for power, from a time when houses had two meters and you could get adapters to let you plug your iron or kettle into a light socket!

    I remember decimalisation, I was a bit miffed as my Everlasting Toffee Strip went up from 1d to 1p and even as a kid I knew I was being ripped off!