The energy price
Example: Energy price reflects cost of electricity for users
Definition
"The energy price" refers to the cost that consumers or users pay for electricity or other forms of energy. It encompasses the market rate determined by supply and demand, production costs, and regulatory factors influencing the final amount billed to end-users.
Etymology
The phrase "the energy price" combines "energy," derived from the Greek word 'energeia' meaning activity or operation, and "price," from Old French 'pris,' meaning value or reward. Together, they naturally describe the monetary value assigned to energy consumption, a concept that became prominent with the rise of commercial electricity markets.
Learn to use this word actively
"The energy price" appears in the Vocaplus list "English - Energy - (A1-C2) - set 1", containing 110 commonly used words.
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