Welcome to the Great Annual Savings Business Advice Hub, your one-stop shop for the latest business and energy news. Our experts are always researching, writing and sharing their industry knowledge.

The Great Annual Savings Business Advice Hub

If you’re looking for the latest energy industry news, top tips on how to reduce your business’ running costs, general business advice or a roundup of business news from around the globe – then you’ve come to the right place.

On top of all that, you’ll also find the latest UK Gas and Electricity prices, updated quarterly and provided to help you plan out your long-term energy strategy. 

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Energy Market Prices

Source: ICIS.

Information correct as of: September 2019

This chart shows the price of electricity on the wholesale market in GB for delivery the next working day at a constant ‘baseload’ rate. The data is averaged by month rather than by day and covers around a three year time period. Further information on wholesale prices can be found in our Wholesale Energy Markets in 2016 report.

The data comes from ICIS’s price assessment of over-the-counter trading through brokers. A full explanation of ICIS’s methodology is available on ICIS’s website.

Source: ICIS.

Information correct as of: September 2019

This chart shows ‘Day-ahead’ gas prices at the GB gas hub (the National Balancing Point) for delivery the following working day. The data is averaged by month rather than by day and covers Q2 2017 to Q2 2019. Further information on wholesale prices can be found in our Wholesale Energy Markets in 2016 report.

The data comes from ICIS’s price assessment of over-the-counter trading through brokers. A full explanation of ICIS’s methodology is available on ICIS’s website.

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If there’s something you would like to know that we haven’t covered here, then please get in touch and we’ll do our best to answer any questions you may have.

SPID Number

Your SPID (Supply Point Identification) is a 13 digit long reference number that can be found on your most recent water bill.

Suppliers will use your unique SPID number to switch your retail services.

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