Gas prices increase this week as weather gets colder and demand starts to increase. Electric however has come down a fairly decent amount to this time last week.
In the last week, MA Energy and Dyce Energy have both confirmed they are to exist the market affecting their customers. Dyce have confirmed they have the backing of a large supplier to offer new prices to their customers through them however any existing contract will end 30/11/2021 and new contracts will have to be agreed from there.
Today, the Electric wholesale prices have opened up 35.35% lower than this time last week with Gas increasing by 18.18%
How the market has opened each day:
Date Electric (£/MWh) Gas (p/therm)
01/11/2021 260.00 157.00
02/11/2021 168.00 164.00
03/11/2021 156.00 188.50
04/11/2021 172.50 181.00
05/11/2021 171.50 181.00
08/11/2021 168.10 185.55
7 day averages
Electric (£ per MWh) 182.68
Gas (pence per therm) 176.18
The below shows how the market compares to the previous week, month and year.
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