Daily Energy Market Report & Business Rates | Smart Energy Co
Markets are surging as the US–Iran conflict continues and Qatar’s LNG production remains offline. Gas is up over 70% in a month. Expect continued extreme volatility. Read our full analysis →
Energy Prices Rising Fast — Don't Leave Your Renewal
Sum-26 gas rose 65.5% today to 126.91p/therm. Electricity rose 44.2% to £101.37/MWh. Both fuels are trending higher — gas up 71% and electricity up 41% over 30 days. Worth looking at options if your renewal is coming up. If your contract is ending soon, getting quotes sooner rather than later could help.
Gas rose today and is up on the week across all contracts (averaging +30.9%). Up 71% over 30 days too. If you're renewing soon, it's worth getting quotes before prices potentially rise further.
Electricity rose today and is up on the week across all contracts (averaging +22.7%). Up 41% over 30 days too. If you're renewing soon, it's worth getting quotes before prices potentially rise further.
📊 Wholesale Forward Prices
These are the wholesale rates energy suppliers use to price your contract. Your business rate will be higher as it includes network costs, supplier margins and government charges.
| Contract | 🔥 Gas (p/therm) | ⚡ Electricity (£/MWh) |
|---|---|---|
| Apr-26
Front month delivery
|
140.99p
↑17.6% day
↑0.7% wk
|
£110.58
↑18.4% day
↑8.6% wk
|
| Sum-26
April to September delivery
|
126.91p
↑65.5% day
↑68.9% wk
|
£101.37
↑44.2% day
↑46.4% wk
|
| Win-26
October to March delivery
|
109.70p
↑36.0% day
↑37.1% wk
|
£91.88
↑21.6% day
↑22.0% wk
|
| Q2-26
Quarterly delivery
|
134.76p
↑73.3% day
↑77.1% wk
|
£105.84
↑50.4% day
↑53.2% wk
|
| Q3-26
Quarterly delivery
|
119.14p
↑57.6% day
↑60.6% wk
|
£96.95
↑38.1% day
↑39.7% wk
|
| Q4-26
Quarterly delivery
|
115.52p
↑45.1% day
↑46.8% wk
|
£90.40
↑22.5% day
↑22.9% wk
|
| May-26
Front month delivery
|
135.32p
↑73.5% day
↑77.2% wk
|
£106.26
↑51.8% day
↑54.4% wk
|
📈 Sum-26 Price Trend
Wholesale gas and electricity prices over the last 16 trading days. Hover or tap for exact values.
📝 What's Happening in the Market
UK wholesale gas prices rose today, with Sum-26 at 126.91p per therm (+65.5%). Prices have risen 71.2% over the past month — one of the biggest moves we've seen recently. This week continued the trend, with a further 2.0% rise. If your gas contract is ending soon, it's worth getting quotes before prices rise further.
UK wholesale electricity rose today, with Sum-26 at £101.37 per MWh (+44.2%). Prices have risen 40.9% over the past month — one of the biggest moves we've seen recently. This week continued the trend, with a further 1.5% rise. If your contract is ending soon, it's worth getting quotes sooner rather than later.
🔍 What Moved the Market
🔄 When Should I Renew?
Based on 30-day price trends. Gas and electricity can move in opposite directions — find your renewal window and check both fuel signals.
Both fuels trending upward (gas +71.2%, electricity +40.9% over 30 days). If your contract is ending soon, getting quotes now could help you avoid further rises.
Both fuels trending upward (gas +40.1%, electricity +17.8% over 30 days). If your contract is ending soon, getting quotes now could help you avoid further rises.
Both fuels trending upward (gas +79.3%, electricity +47.0% over 30 days). If your contract is ending soon, getting quotes now could help you avoid further rises.
💡 Tip: Gas and electricity don't always move together. If your business uses mostly one fuel, focus on that signal. We're always happy to talk through your specific situation.
Prices Are Rising — Check Your Renewal Rates
We compare prices from 28+ UK suppliers. No pressure, no scare tactics — just honest advice.
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Smart Energy Company — Independent energy broker since 2014
