Monthly Archives: November 2008

£200 off energy bills in the spring?

Wholesale Energy Prices Nov 2008

Wholesale Energy Prices Nov 2008


The sell off in wholesale gas and electricity markets has continued throughout November 2008. Over the last 2 months, wholesale gas prices have fallen by 33% with wholesale electricity prices down by 39%. This is still below the 47% fall in dollar oil prices since the end of September but the figures are now looking more comparable between the different fuels. Continue reading

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LOWER energy bills could become real

Wholesale Energy Prices Nov 08

Wholesale Energy Prices Nov 08


In our last energy update of 15 October 2008 we concluded that, although wholesale energy prices had come down from their highs, they had not come down sufficiently far to warrant a cut in gas bills and, at that time, wholesale power prices were still pointing towards and increase in electricity bills of around 10%, although this increase could be avoided if we managed to get through the coming winter without any major supply disruptions. Continue reading

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