Welcome to our monthly update
At Energy Costs Managed, we pride ourselves on being energy consultants with a difference.
Unlike many in our industry, we go beyond just procuring electricity, gas and water supply contracts, in this months round up, we cover changes to wholesale energy prices over the last month, how these could impact your business going forward and much more.
January Overview
In January 2026, wholesale electricity and gas prices have continued to be volatile. We have seen significant daily and weekly price movements, both upward and downward. However the month has ended with significant increases for some wholesale periods. We continue to monitor these changes closely on behalf of our clients and provide as much communication as possible.
Wholesale Energy Prices
Wholesale energy prices throughout January have risen in some cases quite significantly. As we move further into 2026, prices have continued to increase, reflecting ongoing volatility in the energy markets and reinforcing the importance of close monitoring and timely communication.
If you’d like to know more about how these prices will impact you and your business or would like to know more about when to look to renew your energy supply contract book a call with a member of our team today.
Month to date
Gas Prices for March 2026 have increased from 69.03p per therm to 95.20p per therm
Summer 2026 – have increased from 65.805p per therm to 72.170p per therm
Winter 2026 – have increased from 71.321p per therm to 80.570p per therm
Power Prices for March 2026 have increased from £74.67 per mwh to £92.50 per mwh
August 2026 – have increased from £69.55 per mwh to £76.10 per mwh
December 2026 – have increased from £75.97 per mwh to £80.46 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.
How could further increases effect your business energy costs?
Further increases in wholesale energy prices could lead to higher business energy costs, particularly when existing contracts come to an end or where prices are linked to market movements.
Rising costs may impact budgeting, cash flow and overall operating expenses, making it more challenging for businesses to plan with certainty.
This highlights the importance of reviewing energy strategies regularly, considering contract options carefully, and staying informed about market developments to help manage potential cost pressures.
To Learn More about how this could impact you and your business energy supply arrange a call with a member of our team today.