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
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.
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.
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.
