Energy Costs Managed - Energy Hub , Energy News

Welcome to our Weekly Newsletter 24th July

Fri, 24 Jul 2026 14:27:22 +0000

Welcome to Our Weekly Newsletter!

At Energy Costs Managed, we believe energy procurement should never be one size fits all. With wholesale energy markets continuing to fluctuate, we work closely with every client to develop a tailored purchasing strategy that helps manage risk, reduce utility costs and secure contracts with confidence.

Stay Ahead of the Energy Market: Why Early Planning Matters

Wholesale gas and electricity prices have continued to fluctuate, with recent increases highlighting just how quickly market conditions can change. A combination of geopolitical developments, warmer weather across Europe and sustained demand for gas storage has driven wholesale prices higher, reinforcing the importance of having a proactive energy procurement strategy.

While no one can accurately predict future market movements, businesses that plan ahead are often in a stronger position than those waiting until their contract is about to expire.

Whats Driving the Market?

Wholesale energy prices are influenced by a wide range of factors, many of which are outside the UK's control. Recent price increases have been driven by geopolitical uncertainty, higher temperatures across Europe affecting energy demand patterns, and continued pressure to replenish gas storage ahead of future seasonal demand.

As gas remains a driver of UK electricity prices, any movement in wholesale gas markets can quickly impact the cost of both gas and electricity contracts.

Give Your Business More Buying Opportunities

One of the biggest mistakes businesses make is leaving their contract renewal until the final weeks. At that point, you're often limited to the prices available on the day, regardless of whether market conditions are favourable.

Beginning the renewal process up to 12 months before your contract ends gives you the opportunity to monitor wholesale market movements, consider different purchasing options and secure a contract when prices align with your business objectives.

Reduce Risk Through Forward Planning

Energy procurement is about managing risk as much as securing competitive prices. By reviewing your options early and monitoring the market over time, you gain greater flexibility, improve budget certainty and avoid making decisions under unnecessary time pressure.

With wholesale markets remaining volatile, having a clear procurement strategy has never been more important.

At Energy Costs Managed, we monitor wholesale gas and electricity markets every day, providing businesses with timely market insight and helping identify opportunities to secure competitive energy contracts.

If your current energy contract expires within the next 12 months, now is the ideal time to review your options. Planning ahead gives your business greater flexibility, reduces exposure to market volatility and puts you in the best possible position when it's time to renew.

Have a great weekend!

Chris Horsley

Wholesale Energy Prices

This week, wholesale gas and electricity prices rose significantly, driven by a combination of geopolitical developments, warmer weather across Europe, and ongoing demand for gas storage. Together, these factors have increased volatility across the wholesale energy markets throughout the week.

With wholesale prices moving significantly this week, businesses approaching contract renewal should keep a close eye on market conditions. If your contract is due for renewal within the next 12 months, our team can help you understand how current market movements could affect your next agreement.

Our complimentary 15-minute contract review will assess your current pricing arrangements, identify any risk of rollover or deemed rates and help you plan your next procurement strategy with confidence.

Week to date - 16th July to 23rd July

Gas

August 2026: ↑ 131.98p to 149.45p/therm
September 2026: ↑ 132.60p to 150.63p/therm
December 2026: ↑ 138.10p to 155.45p/therm
March 2027: ↑ 123.63p to 134.80p/therm

Electricity

August 2026: ↑ £112.50 to £125.69/MWh
September 2026: ↑ £113.14 to £127.34/MWh
December 2026: ↑ £120.47 to £133.10/MWh
March 2027: ↑ £112.46 to £122.30/MWh

Wholesale energy markets remain highly volatile. The prices shown are indicative only and intended to illustrate market movements. They should not be relied upon as trading or financial advice.

Whats New in The Energy Hub This Week?

This week in the Energy Hub, we're exploring practical ways businesses can take greater control of their utility costs.

Discover why energy costs remain a major challenge for restaurants and golf clubs, even as wholesale prices fluctuate. Our latest articles explore the hidden factors driving business energy bills and share practical strategies to help reduce consumption, improve efficiency and take greater control of your energy costs.

How Much Does Energy Cost a Golf Club?

Running a golf club involves managing a wide range of costs, from course maintenance and staffing to hospitality, facilities and utilities. Among these expenses, energy is one of the most significant ongoing overheads, particularly for clubs operating large clubhouses, restaurants, changing facilities and event spaces.

With energy prices continuing to impact businesses across the UK, many golf club owners and committees are asking an important question:how much does energy cost a golf club?

The answer depends on a variety of factors, including the size of the club, the number of facilities, opening hours, heating requirements, catering operations and how effectively energy is managed. However, understanding what influences golf club energy costs can help clubs identify opportunities to reduce expenditure and improve financial control

Why are Restaurant Energy Bills so High?

Running a restaurant is challenging, with rising food prices, staffing costs and changing customer expectations all affecting profitability. However, one of the biggest and often overlooked expenses is energy.

From commercial kitchens and refrigeration to heating, lighting and customer comfort, restaurants rely heavily on energy every day. As a result, many restaurant owners across the UK are asking the same question:why are restaurant energy bills so high?

The answer is not simply rising energy prices. Restaurant energy costs are influenced by a combination of factors, including high consumption levels, inefficient equipment, operating hours, energy contracts and the way energy is monitored and managed.

Understanding what drives restaurant energy bills is the first step towards identifying savings opportunities and taking control of one of the most important business overheads.

Why Are Restaurant Energy Bills so High?

Welcome to our Weekly Newsletter 17th July

Fri, 17 Jul 2026 13:25:00 +0000

Welcome to Our Weekly Newsletter!

Energy Prices Are Rising - Is Your Business Ready?

Wholesale gas and electricity prices have increased in recent weeks, reminding businesses just how quickly energy markets can change. With geopolitical uncertainty, fluctuating weather conditions and ongoing pressure on global gas supplies continuing to influence prices, many organisations are asking the same question: when is the right time to renew my energy contract?

While it's impossible to predict the market with complete certainty, one thing is clear leaving your contract renewal until the last minute can reduce your options and expose your business to unnecessary price increases.

Why Are Prices Increasing?

Energy markets remain highly reactive to global events. Changes in gas supply, international tensions, seasonal demand and renewable energy output can all have a significant impact on wholesale gas and electricity prices. As wholesale gas continues to influence UK electricity prices, even short-term market movements can affect the cost of securing your next energy contract.

Don't Wait Until Your Contract Expires

Many businesses only begin reviewing their energy contract a few weeks before it ends. Unfortunately, this approach often means purchasing energy when the market dictates, rather than when conditions are most favourable.

By starting the renewal process up to 12 months before your contract end date, you'll have the opportunity to monitor market trends, review your options and secure a competitive contract when the timing is right for your business.

Plan Ahead with Confidence

There is rarely a perfect time to buy energy, but having a well-planned procurement strategy can help reduce risk and provide greater budget certainty. Monitoring the market over a longer period gives businesses more flexibility than making decisions under the pressure of an imminent renewal deadline.

At Energy Costs Managed, we monitor wholesale energy markets every day, helping businesses navigate changing market conditions and identify opportunities to secure competitive energy contracts.

If your current contract is due to expire within the next 12 months, now is the ideal time to start planning. Reviewing your options early gives you more flexibility, reduces exposure to market volatility and increases your chances of securing a competitive energy contract.

Have a great weekend!

Chris Horsley

Wholesale Energy Prices

This week, wholesale gas and electricity prices increased significantly, driven by a combination of geopolitical developments, warmer weather across Europe, and continued demand for gas storage. These factors have contributed to heightened volatility across the wholesale energy markets throughout the week.

Week to date - 9th July to 16th July

Gas

August 2026: ↑ 120.83p to 131.98p/therm
September 2026: ↑ 121.37p to 132.60p/therm
December 2026: ↑ 126.16p to 138.10p/therm
March 2027: ↑ 112.60p to 123.63p/therm

Electricity

August 2026: ↑ £103.40 to £112.50/MWh
September 2026: ↑ £104.82 to £113.14/MWh
December 2026: ↑ £112.35 to £120.47/MWh
March 2027: ↑ £103.38 to £112.46/MWh

Wholesale energy markets remain highly volatile. The prices shown are indicative only and intended to illustrate market movements. They should not be relied upon as trading or financial advice.

Whats New in The Energy Hub This Week?

This week in the Energy Hub, we're exploring practical ways businesses can take greater control of their utility costs.

Discover how pubs, bars and restaurants can reduce energy costs without compromising service quality, and learn why business energy bills remain stubbornly high despite falling wholesale prices. Both articles provide practical insights to help you better understand your costs and identify opportunities to save.

Why are Business Energy Bills Still So High? Understanding the Factors Behind Rising Costs

For many UK businesses, energy costs continue to be a major concern. Although wholesale energy prices have moved away from the extreme highs experienced during the energy crisis, many organisations are still paying significantly more for electricity and gas than they were in previous years.

Rising business energy costs can put pressure on cash flow, reduce profitability and make financial planning more difficult. Understanding what is driving high energy bills is essential for businesses looking to reduce costs, improve efficiency and make smarter decisions about their energy contracts.

How Pubs, Bars and Restaurants Can Reduce Utility Costs Without Cutting Service Quality

Running a pub, bar or restaurant in the UK has never been more financially challenging. Rising food costs, staffing pressures, and increasing overheads mean that margins are often under constant strain. While many operators focus heavily on supplier costs and labour efficiency, utility expenses are frequently overlooked as a controllable area of spend

Energy, water, waste management, and merchant services all play a significant role in day-to-day hospitality operations. These costs are essential to keep the business running, but without regular review, they can quietly increase over time and reduce overall profitability.

See How Pubs, Bars and Restaurants Can Reduce Utility Costs

Welcome to our Weekly Newsletter 10th July

Fri, 10 Jul 2026 13:26:47 +0000

Welcome to Our Weekly Newsletter!

At Energy Costs Managed, we believe energy consultancy should never be one size fits all. We work closely with every client to develop a tailored energy procurement strategy, helping businesses manage risk, reduce utility costs and make informed purchasing decisions with confidence.

Where Are Energy Prices Heading in 2026?

It's the question we're being asked most often by customers: where are energy prices going next?

While no one can predict wholesale markets with certainty, several key factors are likely to shape business energy costs during the remainder of 2026.

Volatility Looks Set to Continue

The extreme price spikes seen during the energy crisis have eased, but markets remain far from stable. Wholesale gas continues to set the price of electricity for much of the UK, meaning any disruption to global gas supplies can quickly feed through into electricity prices.

Recent geopolitical tensions have demonstrated how quickly wholesale markets can react, with gas and power prices moving significantly in

response to concerns over global supply and shipping routes.

Weather Still Matters

Weather remains one of the biggest influences on wholesale pricing. A cold winter across Europe, low wind generation or periods of high summer demand can all increase reliance on gas-fired generation.

Conversely, milder temperatures, strong renewable generation and healthy gas storage levels can help ease pressure on prices.

Network and Policy Costs

Wholesale energy is only part of the picture. Businesses are also seeing increasing network charges and policy-related costs as investment continues in the UK's electricity infrastructure and transition to a lower-carbon energy system. These costs are expected to remain a feature of business energy bills over the coming years.

What Does This Mean for Businesses?

Rather than expecting prices to continually fall, most market analysts expect wholesale markets to remain volatile, with prices responding to weather patterns, global events and supply and demand fundamentals. While long-term forecasts suggest markets could gradually become more stable, short-term price swings are likely to remain part of the landscape.

Our Advice

There is rarely a 'perfect' time to buy energy. The best procurement strategy depends on your business, your appetite for risk and current market conditions.

At Energy Costs Managed, we continue to monitor the wholesale markets every day, helping our customers identify opportunities to secure competitive contracts while managing the risk of future price increases.

If your current energy contract is due for renewal within the next 12 months, now is a good time to review your options and discuss a purchasing strategy tailored to your business.

Have a great weekend!

Chris Horsley

Wholesale Energy Prices

This week, wholesale gas and electricity prices have risen significantly. Market movements have been driven by a combination of geopolitical developments, warmer weather across Europe and ongoing demand for gas storage. As a result, wholesale energy markets have remained volatile throughout the week.

If your business has an upcoming energy contract renewal or you would like to understand how current market conditions could impact your energy costs, our team is available to provide guidance and support.

Week to date - 2nd July to 9th July

Gas

August 2026: ↑ 104.51p to 120.83/therm
September 2026: ↑ 106.00p to 121.37/therm
December 2026: ↑ 112.05p to 126.16/therm
March 2027: ↑ 101.45p to 112.60/therm

Electricity

August 2026: ↑ £94.37 to £103.40/MWh
September 2026: ↑ £94.96 to £104.82/MWh
December 2026: ↑ £102.76 to £112.35/MWh
March 2027: ↑ £ 95.41 to £103.38/MWh

Wholesale energy markets remain highly volatile. The prices shown are indicative only and intended to illustrate market movements. They should not be relied upon as trading or financial advice.

Whats New in The Energy Hub This Week?

This week in the Energy Hub, we're highlighting two hidden costs that could be affecting your business. We explore why so many organisations become trapped in auto-renewing waste contracts and, more importantly, how to avoid it. We're also taking a closer look at golf clubs, uncovering the often-overlooked utility costs that can have a significant impact on operating budgets. Whether you're reviewing supplier contracts or looking for new ways to reduce overheads, these latest articles offer practical insights to help your business stay one step ahead.

The Hidden Utility Costs Running Your Golf Club (Most Clubs Overlook These)

Running a golf club in the UK involves far more than maintaining the course and managing memberships. Behind the scenes, a significant proportion of operating costs are tied up in utilities and essential services that often receive far less scrutiny than they should.

While energy bills tend to attract the most attention due to their visibility and volatility, many golf clubs are quietly overspending in other areas such as water supply, waste management, and merchant services. These costs are often less obvious, less frequently reviewed, and in some cases, poorly understood by committees and management teams.

Why Waste Contracts Auto-Renew (and How Businesses Get Stuck)

Many UK businesses are unaware that waste management contracts typically include automatic renewal clauses. These clauses mean that unless specific action is taken before the end of the agreed term, the contract will continue often on revised terms, a new fixed period, or with built-in price increases.

See Why Waste Contracts Auto Renew

Welcome to our Weekly Newsletter 3rd July

Fri, 03 Jul 2026 12:44:29 +0000

Welcome to Our Weekly Newsletter!

Planning Ahead for Your 2026 Energy Renewal

For businesses with energy contracts due to renew in 2026, now is a good time to start reviewing your options. While it may seem early, wholesale markets remain influenced by global events, weather patterns and supply pressures, meaning prices can change quickly. Planning ahead gives you greater flexibility and avoids having to make decisions under time pressure.

Rather than trying to predict the perfect time to buy, it's often more effective to have a clear purchasing strategy. Monitoring the market over a longer period allows businesses to take advantage of opportunities as they arise, rather than reacting to short-term price movements.

Every business has different energy requirements, and there is no one-size-fits-all approach. Whether you're considering fixing your rates, exploring flexible purchasing options or simply reviewing your current consumption, understanding your objectives early can help secure a contract that suits your business.

Our team is already working with customers whose contracts expire in 2026, helping them understand market conditions and prepare for renewal well in advance. Taking action early can provide greater choice, reduce uncertainty and put your business in a stronger position when it's time to agree your next energy contract.

Have a great weekend!

Chris Horsley

Wholesale Energy Prices

This week, wholesale gas and electricity markets remained influenced by geopolitical uncertainty, warmer weather across Europe and continued demand for gas storage, with market volatility persisting throughout the week.

Week to date - 25th June to 2nd July

Gas

August 2026: 104.51p/therm
September 2026: ↑ 98.32p to 106.00p/therm
December 2026: ↑ 105.10p to 112.05p/therm
March 2027: ↑ 95.88p to 101.45p/therm

Electricity

August 2026: £94.37/MWh
September 2026: ↑ £89.70 to £94.96/MWh
December 2026: ↑ £97.17 to £102.76/MWh
March 2027: ↑ £91.22 to £95.41/MWh

Wholesale energy markets remain highly volatile. The prices shown are indicative only and intended to illustrate market movements. They should not be relied upon as trading or financial advice.

Welcome to our Weekly Newsletter 25th June 2026

Fri, 26 Jun 2026 13:14:15 +0000

Welcome to Our Weekly Newsletter!

At Energy Costs Managed, we pride ourselves on being energy consultants with a difference. Rather than offering a one size fits all service, we work closely with our clients to provide a personalised approach to managing and reducing their business utility costs.

Energy Markets Show Signs of Stabilising

Following a period of heightened volatility driven by geopolitical events, wholesale energy markets have shown signs of stabilising this week. Both gas and electricity forward prices have reduced over the course of the week, providing some welcome relief after recent market uncertainty.

While global events continue to influence market sentiment, the latest price movements suggest that immediate supply concerns have eased, allowing wholesale prices to fall. Although conditions remain subject to change, the current market presents a more favourable outlook than in recent weeks.

For businesses approaching contract renewal or reviewing their energy procurement strategy, the recent improvement in pricing may provide an opportunity to consider fixed-price options before market conditions shift again.

As always, we recommend keeping a close eye on market developments and seeking advice to help secure the most competitive position for your business.

Have a great weekend!

Chris Horsley

Wholesale Energy Prices

After two weeks of volatility driven by geopolitical events, energy prices have eased slightly this week as gas and electricity markets show signs of stabilising.

Week to date - 18th June to 25th June

Gas Prices for July 2026 reduced from 96.69p per therm to 96.52p per therm

September 26 -reduced from 98.99p per therm to 98.32p per therm

December 26 - reduced from 106.30p per therm to 105.10p per therm

March 27 - reduced from 96.71 per therm to 95.88p per therm

Power Prices for July 2026 reduced from £91.46 per MWh to £90.16 per MWh

September 2026 - reduced from £92.06 per MWh to £89.70 per MWh

December 2026 - reduced from £98.24 per MWh to £97.17 per MWh

March 2027 - reduced from £92.78 per MWh to £91.22 per MWh

Please note that due to the ongoing volatility of wholesale energy prices, Energy Costs Managed cannot guarantee the accuracy of the above figures. These prices are intended as a visual guide to reflect current market trends and should not be taken as financial advice.

Welcome to our Weekly Newsletter 19th June 2026

Fri, 19 Jun 2026 13:09:00 +0000

Welcome to Our Weekly Newsletter!

Falling Wholesale Energy Prices: Is now the right time to renew your contract?

Wholesale energy markets have fallen sharply this week, with both gas and electricity prices declining in response to growing optimism surrounding a potential peace agreement between the United States and Iran. Should an agreement be reached, the wholesale market is likely to reflect increased confidence in energy supplies continuing to flow through the Strait of Hormuz.

Greater market stability can help drive prices lower, naturally creating renewed interest among businesses approaching their contract renewal dates. But does that mean now is the right time to renew?

While falling wholesale prices can present opportunities, timing a contract renewal requires careful consideration. Energy markets remain highly sensitive to geopolitical developments, potential supply disruptions, weather forecasts and fluctuations in demand. As recent years have demonstrated, market conditions can change quickly.

For businesses with contracts due to expire within the next 6 to 12 months, the current market movement may provide an opportunity to review their options and assess whether securing rates now could offer greater budget certainty and protection against future volatility.

Before making a decision, businesses should consider how long remains on their existing contract, their appetite for market risk, budget requirements, the need for cost certainty and current market trends. These factors can help determine whether a fixed or flexible purchasing strategy is the most appropriate approach.

Rather than focusing solely on whether prices may fall further, businesses should consider whether current rates align with their budget objectives and overall risk management strategy.

Our team continues to monitor wholesale markets daily and can provide guidance on the most suitable renewal approach based on your energy usage profile and business objectives.

If your contract is approaching renewal, now could be a good time to review your options and explore whether current market conditions present an opportunity to secure competitive rates.

Have a great weekend!

Chris Horsley

Wholesale Energy Prices

Wholesale energy prices have eased significantly this week, as gas and electricity markets reacted to reports of a potential peace agreement between the United States and Iran, improving sentiment across global energy markets.

Week to date - 11th June to 18th June

Gas Prices for July 2026 - reduced from 119.76p per therm to 96.69p per therm

September 26 -reduced from 121.68p per therm to 98.99p per therm

December 26 - reduced from 128.02p per therm to 106.30p per therm

March 27 - reduced from 115.45p per therm to 96.71 per therm

Power Prices for July 2026 - reduced from £103.48 per MWh to £91.46 per MWh

September 2026 - reduced from £103.64 per MWh to £92.06 per MWh

December 2026 - reduced from £109.50 per MWh to £98.24 per MWh

March 2027 - reduced from £102.94 per MWh to £92.78 per MWh

Welcome to our Weekly Newsletter 12th June 2026

Fri, 12 Jun 2026 13:00:00 +0000

Welcome to Our Weekly Newsletter!

Energy Prices and Where Might they go in 2026?

The UK energy market entered 2026 in a much stronger position than during the peak of the energy crisis in 2022/23. Wholesale gas and electricity prices remain significantly below those crisis highs, although they are still above historic pre-2021 averages.

The outlook for gas has been relatively stable; however, ongoing tensions in the Middle East have created concerns around potential supply disruptions and shipping routes. As a result, traders have priced additional risk into the market.

Lower gas storage levels are also a key concern at present. Following the winter period, European storage levels came under pressure and refilling storage ahead of the upcoming winter has become a major focus. If storage levels remain low traders are concerned that Europe may need to compete more aggressively for LNG cargoes, which could place further upward pressure on prices.

At present, electricity prices continue to follow gas markets closely. Although renewable generation continues to grow, gas-fired power stations still frequently set the marginal price in the UK power market. This means that when gas prices rise, electricity contracts often rise as well.

Our view is that if your contract expires within the next 6–12 months, you should monitor the market closely and consider securing a contract if attractive opportunities arise. Current market conditions do not justify panic buying, but neither do they support waiting indefinitely for prices to fall.

If your contract expires within the next 3–6 months and budget certainty is a priority for your business, now is the time to review your options and consider locking in a new supply contract.

Alternatively, if your contract runs beyond the next 12 months and you are not currently exposed to renewal risk, we would recommend waiting until closer to your renewal period while continuing to keep a regular watch on market conditions.

Prices have risen recently, but there is not yet enough evidence to suggest a sustained long-term upward trend. Businesses should remain engaged with the market while maintaining a disciplined procurement strategy.

Have a great weekend!

Chris Horsley

Wholesale Energy Prices

Wholesale energy markets continued to show movement this week, with gas and electricity prices reacting to ongoing supply factors, trading activity and broader market conditions.

If you would like to understand how current market conditions may impact your business or discuss your upcoming renewal, please get in touch with our team to arrange a review.

Week to date - 4th June to 11th June

Gas Prices for July 2026 - increased from 117.93p per therm to 119.76p per therm

September 26 -increased from 119.41p per therm to 121.68p per therm

December 26 - increased from 124.11p per therm to 128.02p per therm

March 27 - increased from 110.47p per therm to 115.45p per therm

Power Prices for July 2026 - increased from £102.91 per MWh to £103.48 per MWh

September 2026 - increased from £102.16 per MWh to £103.64 per MWh

December 2026 - increased from £106.10 per MWh to £109.50 per MWh

March 2027 - increased from £99.270 per MWh to £102.94 per MWh

Welcome to our Weekly Newsletter 29th May 2026

Fri, 29 May 2026 14:46:59 +0000

Welcome to Our Weekly Newsletter!

At Energy Costs Managed, we help businesses take a more strategic and informed approach to energy procurement, contract management and cost reduction.

Insight of the Week:

Why Energy Efficiency is Becoming a Procurement Priority in 2026

With wholesale energy markets continuing to fluctuate many UK businesses are now looking beyond contract pricing alone and placing greater focus on reducing overall energy demand.

Improving energy efficiency is increasingly being viewed as a key part of long-term procurement strategy. From upgrading lighting systems and improving heating controls to monitoring out-of-hours consumption, businesses are identifying practical ways to reduce usage before entering new energy agreements.

Lower consumption can provide greater flexibility when negotiating contracts, reduce exposure to market volatility and improve forecasting accuracy. For multi-site organisations in particular, energy reduction initiatives are becoming closely linked with wider operational and financial planning.

As businesses continue to balance rising operational costs with sustainability targets, energy efficiency is expected to remain a major focus throughout 2026.

Wholesale Energy Prices

Wholesale energy markets continued to show movement this week, with gas and electricity prices reacting to ongoing supply factors, trading activity and broader market conditions.

If you would like to understand how current market conditions may impact your business or discuss your upcoming renewal, please get in touch with our team to arrange a review.

Week to date - 21st May to 28th May

Gas Prices for July 2026 are 113.43p per therm

September 26 -reduced from 121.39p per therm to 114.83p per therm

December 26 - reduced from 125.19p per therm to 119.78p per therm

March 27 - reduced from 113.33p per therm to 108.34p per therm

Power Prices for July 2026 are £100.43 per MWh

September 2026 - reduced from £101.86 per MWh to £100.25 per MWh

December 2026 - reduced from £104.94 per MWh to £104.66 per MWh

March 2027 - reduced from £99.310 per MWh to £99.00 per MWh

Topic of The Week:

Why Contract Timing Matters More Than Ever

In volatile energy markets, the timing of a contract renewal can have a significant impact on overall business energy costs.

Many businesses leave renewals until the final weeks of their contract, limiting the opportunity to monitor market movements or secure pricing during favourable trading periods. Reviewing contracts earlier can provide greater flexibility, stronger negotiating power and more time to assess different procurement options.

Key considerations when approaching renewal include:

Current wholesale market conditions
Contract end dates and notice periods
Business growth or operational changes
Energy usage trends
Fixed versus flexible purchasing options

With market conditions continuing to change rapidly, proactive planning is becoming increasingly important for businesses seeking greater cost control and budget certainty.

Week Ahead

Market attention next week is expected to remain focused on European gas storage levels, renewable generation forecasts and international LNG supply availability.

Traders will also continue monitoring weather patterns across Europe, maintenance activity within energy infrastructure and wider geopolitical developments which may influence short-term wholesale pricing movements.

As summer demand patterns begin to develop, market volatility is expected to remain present across both gas and electricity trading.

Quick Take

While wholesale energy prices remain significantly below the record highs experienced during the energy crisis, markets continue to react quickly to supply concerns, weather changes and global developments.
For UK businesses, maintaining visibility over contract timelines, procurement strategy and energy usage remains essential in managing costs effectively within an unpredictable market environment.

Welcome to our Weekly Newsletter 22nd May 2026

Thu, 28 May 2026 15:37:31 +0000

Welcome to Our Weekly Newsletter!

At Energy Costs Managed, we help businesses take a more strategic and informed approach to energy procurement, contract management, and cost reduction.

Insight of the Week:

Why Flexible Energy Purchasing is Gaining Attention in 2026

As wholesale energy markets continue to experience periods of uncertainty, more UK businesses are exploring flexible energy purchasing strategies to improve budget control and reduce exposure to sudden market spikes.

Rather than locking all energy usage into a fixed contract at one point in time, flexible purchasing allows businesses to buy energy in smaller volumes across different periods. This approach can help spread risk and create opportunities to secure more competitive pricing when market conditions improve.

Recent fluctuations in gas supply, changing renewable output levels, and ongoing geopolitical uncertainty have all contributed to increased interest in flexible procurement options among commercial energy users.

For businesses with high consumption or multiple sites, reviewing procurement strategy has become an important part of wider financial planning.

Wholesale Energy Prices

Wholesale energy markets remained active this week, with both gas and electricity contracts continuing to respond to wider market developments and supply sentiment.

If you would like to understand how current market conditions may impact your business or discuss your upcoming renewal, please get in touch with our team to arrange a review.

Week to date (14th May to 21st May)

Gas Prices for June 2026 increased from 116.278p per therm to 120.820p per therm

September 26 - increased from 116.220p per therm to 121.390p per therm

December 26 - increased from 118.30p per therm to 125.190p per therm

March 2027 - increased from 109.190p per therm to 113.330p per therm

Power Prices for June 2026 increased from £99.17 per mwh to £102.20 per mwh

September 2026 - increased from £99.810 per mwh to £101.86 per mwh

December 2026 - increased from £100.930 per mwh to £104.94 per mwh

March 2027 - increased from £96.320 per mwh to £99.310 per mwh

Topic of The Week:

Fixed vs Flexible Energy Contracts: Which is Right for Your Business?

Choosing the right energy contract structure can make a significant difference to business energy costs.

Fixed contracts provide pricing certainty by locking rates for an agreed period, helping businesses manage budgets with greater confidence. Flexible contracts, on the other hand, allow energy to be purchased gradually over time, giving businesses the opportunity to react to changing market conditions.

The right option often depends on:

Business size and energy usage
Appetite for market risk
Budget forecasting requirements
Contract timing
Operational flexibility

As energy markets remain unpredictable, reviewing contract strategy before renewal dates has become increasingly important for UK businesses.

Week Ahead

Market focus next week is expected to remain on European gas storage levels, renewable generation forecasts, and international LNG availability. Traders will also continue monitoring wider commodity markets and geopolitical developments which may influence wholesale pricing trends.

Short-term market volatility is expected to continue as summer trading activity develops.

Quick Take

Wholesale energy markets remain sensitive to global supply developments, infrastructure maintenance, and changing weather conditions. While pricing remains below the extreme highs seen during the energy crisis, ongoing volatility highlights the importance of proactive energy management.
Reviewing procurement strategy, monitoring renewal timelines, and understanding contract structures continue to play a key role in helping UK businesses manage energy costs effectively.

Welcome to our Weekly Newsletter 8th May 2026

Fri, 08 May 2026 13:15:00 +0000

Welcome to Our Weekly Newsletter!

At Energy Costs Managed, we help businesses take a more strategic and informed approach to energy procurement, contract management, and cost reduction.

Insight of the Week:

Market Stability Returns - But Volatility Still Creates Risk and Opportunity

With wholesale energy markets continuing to react to ongoing geopolitical tensions, LNG supply uncertainty, and fluctuating demand forecasts, businesses are once again being reminded how quickly costs can shift. While prices have stabilised compared to previous peaks, the market remains highly reactive, making contract timing and procurement strategy more important than ever.

For many UK businesses, reviewing contracts ahead of renewal and exploring fixed or flexible purchasing options could deliver substantial savings and greater budget certainty heading into the second half of 2026.

Wholesale Energy Prices

Wholesale energy markets have continued to fluctuate this week, with most key gas and power contract periods seeing modest reductions following recent volatility.

If you would like to understand how current market conditions may impact your business or discuss your upcoming renewal, please get in touch with our team to arrange a review.

Week to date (30th April to 7th May)

Gas Prices for June 2026 reduced from 112.880p per therm to 106.870p per therm

September 26 - reduced from 113.040p per therm to 106.920p per therm

December 26 - reduced from 117.680p per therm to 111.750p per therm

March 2027 - increased from 109.640p per therm to 109.70p per therm

Power Prices for June 2026 reduced from £93.120 per mwh to £91.41 per mwh

September 2026 - reduced from £94.040 per mwh to £92.620 per mwh

December 2026 - reduced from £98.630 per mwh to £95.840 per mwh

March 2027 - reduced from £95.410 per mwh to £90.170 per mwh

Topic of The Week:

Why More Businesses Are Reviewing Energy Contracts Early

A growing number of businesses are moving away from the traditional “wait until renewal” approach and instead reviewing contracts 6-12 months in advance.

Early market engagement allows businesses to benchmark rates, assess supplier appetite, and secure contracts during favourable trading windows rather than reacting under pressure closer to renewal dates.

For energy-intensive sectors in particular, even small reductions in unit rates can have a significant impact on annual operating costs. Businesses that actively monitor the market are placing themselves in a far stronger position to manage overheads and protect profitability.

Client Success Story

Another big win for one of our new clients!

As energy costs continue to remain highly volatile and a major concern for business owners across the UK, we’ve just helped a business secure a new gas supply contract delivering over £3,000 in annual savings, which equates to a 43.79% reduction against their current rates.

In ’s market, where energy prices continue to place pressure on overheads, achieving this level of reduction can make a real difference to cash flow, forecasting, and long-term budgeting. By reviewing their existing contract and benchmarking across a wide range of suppliers, we were able to identify a significantly more competitive rate without compromising on supply or service.

If your business hasn’t reviewed its energy contract recently, there’s a strong chance you could be overpaying.

See whether your business could reduce energy costs before renewal

Week Ahead

This week, market attention will remain focused on European gas storage levels, ongoing LNG import activity, and any developments impacting global supply routes. Traders will also be watching economic data releases and inflation indicators closely, as wider financial markets continue to influence energy pricing sentiment.

Businesses approaching renewal over the next 12 months should continue monitoring opportunities closely, as short-term market dips can still create attractive purchasing windows despite ongoing volatility.

From the Energy Hub

Energy Contract Renewal Explained: What Happens If You Miss It?

If your business energy contract is coming to an end, the renewal process is not something to leave to chance or delay until the last minute.

Many businesses assume that if they don’t actively renew, nothing major will change immediately. In reality, missing your renewal window can have a direct and often significant impact on cost, structure, and long-term flexibility.

Why Energy Contract Renewal Matters

Quick Take

Despite ongoing market volatility, businesses reviewing their energy contracts early are still seeing savings opportunities and gaining greater budget certainty ahead of future price fluctuations.