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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.

Parents
  • 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.

Reply
  • 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.

Children
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