Energy costs refer to the expenses incurred by households and businesses for the consumption of energy, primarily electricity and gas. These costs can fluctuate based on various factors, including market demand, supply chain issues, and government regulations. Understanding energy costs is crucial for budgeting and financial planning, as they can significantly impact overall expenses. In recent years, there has been a growing emphasis on renewable energy sources, which can influence energy costs. As more consumers and businesses shift towards solar and wind energy, the dynamics of energy pricing may change, potentially leading to lower costs in the long run while promoting sustainability.