• PEP

Forecasted Electricity Prices 2020-2023

Wholesale energy markets have slumped since October 2019. Delivered electricity costs are now forecast to increase by 5% in 2021-2022 compared to 2020-2021 figures. If forward wholesale markets remain as they are today, delivered electricity costs are forecast to increase by another 2% in 2022-2023 against 2021-2022.