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Date: Mon, 2 Feb 2026 11:13:53 +0100 (CET)
From: "Chris" <chris@energycostsmanaged.co.uk>
To: coventry@expressmusic.co.uk
Message-ID: <zcb.3zac251df3aa362393904f5b6ebf324e8c.12ba4f8cd330332c.1770027233214@mail2.zgph.zcsend.eu>
Subject: Monthly Energy Update: Rising Wholesale Prices and What It Means
 for Your Business
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*|MC_PREVIEW_TEXT|*
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http://*|archive|* View this email in your browser

https://energycostsmanaged.co.uk

Welcome to our monthly update

At Energy Costs Managed, we pride ourselves on being energy consultants wit=
h a difference.

Unlike many in our industry, we go beyond just procuring electricity, gas a=
nd water supply contracts, in this months round up, we cover changes to who=
lesale energy prices over the last month, how these could impact your busin=
ess going forward and much more.

January
Overview

In January 2026, wholesale electricity and gas prices have continued to be =
volatile. We have seen significant daily and weekly price movements, both u=
pward and downward. However the month has ended with significant increases =
for some wholesale periods. We continue to monitor these changes closely on=
 behalf of our clients and provide as much communication as possible.

Wholesale Energy Prices=20

Wholesale energy prices throughout January have risen in some cases quite s=
ignificantly. As we move further into 2026, prices have continued to increa=
se, reflecting ongoing volatility in the energy markets and reinforcing the=
 importance of close monitoring and timely communication.

If you=E2=80=99d like to know more about how these prices will impact you a=
nd your business or would like to know more about when to look to renew you=
r energy supply contract book a call with a member of our team today.
https://energycostsmanaged.co.uk/contact/ Book a call [ https://energycosts=
managed.co.uk/contact/ ]

Month to date

Gas Prices for March 2026 have increased from 69.03p per therm to 95.20p pe=
r therm
Summer 2026 - have increased from 65.805p per therm to 72.170p per therm
Winter 2026 - have increased from 71.321p per therm to 80.570p per therm

Power Prices for March 2026 have increased from =C2=A374.67 per mwh to =C2=
=A392.50 per mwh
August 2026 - have increased from =C2=A369.55 per mwh to =C2=A376.10 per mw=
h
December 2026 - have increased from =C2=A375.97 per mwh to =C2=A380.46 per =
mwh

Please note that due to the ongoing volatility of wholesaleenergyprices,Ene=
rgyCostsManaged cannot guarantee the accuracy of the above figures. These p=
rices are intended as a visual guide to reflect current market trends and s=
hould not be taken as financial advice.
https://energycostsmanaged.co.uk

How could further increases effect your business energy costs?

Further increases in wholesale energy prices could lead to higher business =
energy costs, particularly when existing contracts come to an end or where =
prices are linked to market movements.

Rising costs may impact budgeting, cash flow and overall operating expenses=
, making it more challenging for businesses to plan with certainty.

This highlights the importance of reviewing energy strategies regularly, co=
nsidering contract options carefully, and staying informed about market dev=
elopments to help manage potential cost pressures.
https://energycostsmanaged.co.uk/contact/ Learn More [ https://energycostsm=
anaged.co.uk/contact/ ]

Follow us to keep up to date
https://www.linkedin.com/company/energy-costs-managed-limited https://www.f=
acebook.com/energycostsmanagedlimited/ https://x.com/EnergyCostsMLtd/ https=
://www.instagram.com/energycostsmanagedlimited/





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td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody></table=
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le align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" data-b=
lock-id=3D"18" role=3D"presentation" style=3D"font-size:100%;mso-table-lspa=
ce:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-text-size-adj=
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ow"><td style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;wor=
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llspacing=3D"0" role=3D"presentation" style=3D"font-size:100%;mso-table-lsp=
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"mceColumn" colspan=3D"12" data-block-id=3D"-15" id=3D"mceColumnId--15" sty=
le=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:bre=
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=3D"100%"><tbody><tr><td align=3D"center" class=3D"mceImageBlockContainer" =
id=3D"b76" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;=
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m:0;padding-right:0;padding-left:0;border:0;border-radius:0;" valign=3D"top=
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pace:0pt;mso-table-lspace:0pt;border:0;border-radius:0;margin:0;" valign=3D=
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</tbody></table><div><!--<![endif]--></div><div>  </div></td></tr><tr><td a=
lign=3D"center" class=3D"mceImageBlockContainer" id=3D"b27" style=3D"mso-li=
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ing-left:0;border:0;border-radius:0;" valign=3D"top"><div><!--[if !mso]><!-=
-></div><a data-block-id=3D"27" href=3D"https://uqlhp-zcmp.maillist-manage.=
eu/click/12ba4f8cd330332c/12ba4f8cd32ff8f1" rel=3D"noopener noreferrer" sty=
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rl_name=3D"l_1"><table align=3D"center" border=3D"0" cellpadding=3D"0" cell=
spacing=3D"0" data-testid=3D"image-27" role=3D"presentation" style=3D"font-=
size:100%;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;mso-table=
-rspace:0pt;mso-table-lspace:0pt;border-collapse:separate;margin:0;vertical=
-align:top;max-width:100%;width:100%;height:auto;" width=3D"100%"><tbody><t=
r><td style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-=
break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-tab=
le-lspace:0pt;border:0;border-radius:0;margin:0;" valign=3D"top"><img alt=
=3D"https://mcusercontent.com/7e5b7c59987fb2ac8f3dda6f4/images/f4ca3e45-e9b=
0-8224-a434-82fe821a23f9.jpg" class=3D"imageDropZone mceImage" height=3D"au=
to" src=3D"https://stratus.campaign-image.eu/images/1770024020907_2_zc_v1_1=
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e:bicubic;outline:none;border:0;display:block;max-width:100%;height:auto;bo=
rder-radius:0;" width=3D"660"></td></tr></tbody></table></a><div><!--<![end=
if]--></div><div>  </div></td></tr><tr><td class=3D"mceGutterContainer" id=
=3D"gutterContainerId-5" style=3D"mso-line-height-rule:exactly;-ms-text-siz=
e-adjust:100%;word-break:break-word;-webkit-text-size-adjust:100%;mso-table=
-rspace:0pt;mso-table-lspace:0pt;padding-top:0;padding-bottom:0;padding-rig=
ht:0;padding-left:0;" valign=3D"top"><table border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" style=3D"font-size:100%;-ms-text-si=
ze-adjust:100%;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table=
-lspace:0pt;border-collapse:separate;" width=3D"100%"><tbody><tr><td id=3D"=
b5" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-br=
eak:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table=
-lspace:0pt;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;b=
order:0;border-radius:0;" valign=3D"top"><table style=3D"font-size:100%;-ms=
-text-size-adjust:100%;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;m=
so-table-lspace:0pt;border:0;background-color:#041330;border-radius:0;borde=
r-collapse:separate;" width=3D"100%"><tbody><tr><td class=3D"mceTextBlockCo=
ntainer" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;wo=
rd-break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-=
table-lspace:0pt;padding-left:48px;padding-right:48px;padding-top:20px;padd=
ing-bottom:12px;"><div class=3D"mceText" data-block-id=3D"5" id=3D"d5" styl=
e=3D"color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Ver=
dana, sans-serif;width:100%;"><h1 class=3D"last-child" style=3D";margin-bot=
tom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Ve=
rdana, sans-serif;font-size:25px;font-weight:bold;line-height:1.5;mso-line-=
height-alt:150%;text-align:left;letter-spacing:0;direction:ltr;display:bloc=
k;margin:0;padding:0;text-align: left;"><span style=3D"color:#ffffff;"><spa=
n style=3D"font-size: 34px">Welcome to our </span></span><span style=3D"col=
or:#00ffff;"><span style=3D"font-size: 34px">monthly update</span></span></=
h1></div></td></tr></tbody></table></td></tr></tbody></table></td></tr><tr>=
<td class=3D"mceGutterContainer" id=3D"gutterContainerId-6" style=3D"mso-li=
ne-height-rule:exactly;-ms-text-size-adjust:100%;word-break:break-word;-web=
kit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;padding=
-top:0;padding-bottom:0;padding-right:0;padding-left:0;" valign=3D"top"><ta=
ble border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" =
style=3D"font-size:100%;-ms-text-size-adjust:100%;-webkit-text-size-adjust:=
100%;mso-table-rspace:0pt;mso-table-lspace:0pt;border-collapse:separate;" w=
idth=3D"100%"><tbody><tr><td id=3D"b6" style=3D"mso-line-height-rule:exactl=
y;-ms-text-size-adjust:100%;word-break:break-word;-webkit-text-size-adjust:=
100%;mso-table-rspace:0pt;mso-table-lspace:0pt;padding-top:0;padding-bottom=
:0;padding-right:0;padding-left:0;border:0;border-radius:0;" valign=3D"top"=
><table style=3D"font-size:100%;-ms-text-size-adjust:100%;-webkit-text-size=
-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;border:0;background-=
color:#041330;border-radius:0;border-collapse:separate;" width=3D"100%"><tb=
ody><tr><td class=3D"mceTextBlockContainer" style=3D"mso-line-height-rule:e=
xactly;-ms-text-size-adjust:100%;word-break:break-word;-webkit-text-size-ad=
just:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;padding-left:48px;paddi=
ng-right:48px;padding-top:12px;padding-bottom:0;"><div class=3D"mceText" da=
ta-block-id=3D"6" id=3D"d6" style=3D"color:rgb(0, 0, 0);font-family:'Helvet=
ica Neue', Helvetica, Arial, Verdana, sans-serif;width:100%;"><p style=3D"m=
so-line-height-rule:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adj=
ust:100%;margin:0;padding:0;word-break:break-word;margin-bottom:0;color:rgb=
(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-ser=
if;font-size:16px;font-weight:normal;line-height:1.5;mso-line-height-alt:15=
0%;text-align:left;letter-spacing:0;direction:ltr;margin:0;;"><span style=
=3D"color:#ffffff;">At Energy Costs Managed, we pride ourselves on being en=
ergy consultants with a difference. </span></p><p style=3D"mso-line-height-=
rule:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;margin=
:0;padding:0;word-break:break-word;margin-bottom:0;color:rgb(0, 0, 0);font-=
family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;font-size:16=
px;font-weight:normal;line-height:1.5;mso-line-height-alt:150%;text-align:l=
eft;letter-spacing:0;direction:ltr;margin:0;;"><br></p><p style=3D"mso-line=
-height-rule:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100=
%;margin:0;padding:0;word-break:break-word;margin-bottom:0;color:rgb(0, 0, =
0);font-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;font=
-size:16px;font-weight:normal;line-height:1.5;mso-line-height-alt:150%;text=
-align:left;letter-spacing:0;direction:ltr;margin:0;;"><span style=3D"color=
:#ffffff;">Unlike many in our industry, we go beyond just procuring electri=
city, gas and water supply contracts, in this months round up, we cover cha=
nges to wholesale energy prices over the last month, how these could impact=
 your business going forward and much more. </span></p><p class=3D"last-chi=
ld" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;-webkit=
-text-size-adjust:100%;margin:0;padding:0;word-break:break-word;margin-bott=
om:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Ver=
dana, sans-serif;font-size:16px;font-weight:normal;line-height:1.5;mso-line=
-height-alt:150%;text-align:left;letter-spacing:0;direction:ltr;margin:0;;"=
><br></p></div></td></tr></tbody></table></td></tr></tbody></table></td></t=
r><tr><td class=3D"mceGutterContainer" id=3D"gutterContainerId-13" style=3D=
"mso-table-lspace:0pt;mso-table-rspace:0pt;mso-line-height-rule:exactly;-ms=
-text-size-adjust:100%;-webkit-text-size-adjust:100%;word-break:break-word;=
" valign=3D"top"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" ro=
le=3D"presentation" style=3D"font-size:100%;-ms-text-size-adjust:100%;-webk=
it-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;border-c=
ollapse:separate;" width=3D"100%"><tbody><tr><td class=3D"mceLayoutContaine=
r" id=3D"b13" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:10=
0%;word-break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt=
;mso-table-lspace:0pt;background-color:#041330;padding-top:12px;padding-bot=
tom:12px;padding-right:0;padding-left:0;border:0;border-radius:0;" valign=
=3D"top"><table align=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" class=3D"mceLayout" data-block-id=3D"13" id=3D"section_79329e558f483=
a6ff3fd5a19c44eced2" role=3D"presentation" style=3D"font-size:100%;mso-tabl=
e-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-text-si=
ze-adjust:100%;border-collapse:collapse;" width=3D"100%"><tbody><tr class=
=3D"mceRow"><td style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:=
100%;word-break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0=
pt;mso-table-lspace:0pt;background-position:center;background-repeat:no-rep=
eat;background-size:cover;" valign=3D"top"><table border=3D"0" cellpadding=
=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"font-size:100%;mso-=
table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-tex=
t-size-adjust:100%;border-collapse:collapse;" width=3D"100%"><tbody><tr><td=
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--14" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;mso-line-height-ru=
le:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;word-bre=
ak:break-word;" valign=3D"top" width=3D"100%"><table border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"font-size:100%;ms=
o-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-t=
ext-size-adjust:100%;border-collapse:collapse;" width=3D"100%"><tbody><tr><=
td align=3D"center" id=3D"b-5" style=3D"mso-line-height-rule:exactly;-ms-te=
xt-size-adjust:100%;word-break:break-word;-webkit-text-size-adjust:100%;mso=
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table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-tex=
t-size-adjust:100%;border-collapse:collapse;" width=3D"100%"><tbody><tr cla=
ss=3D"mceRow"><td style=3D"mso-line-height-rule:exactly;-ms-text-size-adjus=
t:100%;word-break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace=
:0pt;mso-table-lspace:0pt;background-position:center;background-repeat:no-r=
epeat;background-size:cover;" valign=3D"top"><table border=3D"0" cellpaddin=
g=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"font-size:100%;mso=
-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-te=
xt-size-adjust:100%;border-collapse:collapse;" width=3D"100%"><tbody><tr><t=
d class=3D"mceColumn" colspan=3D"12" data-block-id=3D"-20" id=3D"mceColumnI=
d--20" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;mso-line-height-r=
ule:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;word-br=
eak:break-word;" valign=3D"top" width=3D"100%"><table border=3D"0" cellpadd=
ing=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"font-size:100%;m=
so-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-=
text-size-adjust:100%;border-collapse:collapse;" width=3D"100%"><tbody><tr>=
<td id=3D"b12" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:1=
00%;word-break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0p=
t;mso-table-lspace:0pt;border:0;border-radius:0;" valign=3D"top"><table ali=
gn=3D"center" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" data-block-i=
d=3D"12" role=3D"presentation" style=3D"font-size:100%;mso-table-lspace:0pt=
;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-text-size-adjust:10=
0%;border-collapse:collapse;" width=3D"100%"><tbody><tr class=3D"mceRow"><t=
d style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-brea=
k:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-l=
space:0pt;background-position:center;background-repeat:no-repeat;background=
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er=3D"0" cellpadding=3D"0" cellspacing=3D"24" role=3D"presentation" style=
=3D"font-size:100%;border-collapse:collapse;-ms-text-size-adjust:100%;-webk=
it-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;table-la=
yout:fixed;" width=3D"100%"><colgroup><col span=3D"1" width=3D"8.3333333333=
33332%"><col span=3D"1" width=3D"8.333333333333332%"><col span=3D"1" width=
=3D"8.333333333333332%"><col span=3D"1" width=3D"8.333333333333332%"><col s=
pan=3D"1" width=3D"8.333333333333332%"><col span=3D"1" width=3D"8.333333333=
333332%"><col span=3D"1" width=3D"8.333333333333332%"><col span=3D"1" width=
=3D"8.333333333333332%"><col span=3D"1" width=3D"8.333333333333332%"><col s=
pan=3D"1" width=3D"8.333333333333332%"><col span=3D"1" width=3D"8.333333333=
333332%"><col span=3D"1" width=3D"8.333333333333332%"></colgroup><tbody><tr=
><td class=3D"mceColumn" colspan=3D"6" data-block-id=3D"9" id=3D"mceColumnI=
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reak:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-tabl=
e-lspace:0pt;padding-top:0;padding-bottom:0;" valign=3D"top" width=3D"50%">=
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" style=3D"font-size:100%;mso-table-lspace:0pt;mso-table-rspace:0pt;-ms-te=
xt-size-adjust:100%;-webkit-text-size-adjust:100%;border-collapse:collapse;=
" width=3D"100%"><tbody><tr><td class=3D"mceGutterContainer" id=3D"gutterCo=
ntainerId-8" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100=
%;word-break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;=
mso-table-lspace:0pt;padding-top:0;padding-bottom:0;padding-right:0;padding=
-left:0;" valign=3D"top"><table border=3D"0" cellpadding=3D"0" cellspacing=
=3D"0" role=3D"presentation" style=3D"font-size:100%;-ms-text-size-adjust:1=
00%;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt=
;border-collapse:separate;" width=3D"100%"><tbody><tr><td id=3D"b8" style=
=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:break=
-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0=
pt;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;b=
order-radius:0;" valign=3D"top"><table style=3D"font-size:100%;-ms-text-siz=
e-adjust:100%;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-=
lspace:0pt;border:0;background-color:transparent;border-radius:0;border-col=
lapse:separate;" width=3D"100%"><tbody><tr><td class=3D"mceTextBlockContain=
er" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-br=
eak:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table=
-lspace:0pt;padding-left:48px;padding-right:12px;padding-top:12px;padding-b=
ottom:12px;"><div class=3D"mceText" data-block-id=3D"8" id=3D"d8" style=3D"=
color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Verdana,=
 sans-serif;width:100%;"><h2 style=3D";margin-bottom:0;color:rgb(0, 0, 0);f=
ont-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;font-siz=
e:25px;font-weight:bold;line-height:1.5;mso-line-height-alt:150%;text-align=
:left;letter-spacing:0;direction:ltr;display:block;margin:0;padding:0;line-=
height: 1; mso-line-height-alt: 100%;"><span style=3D"color:#00ffff;"><span=
 style=3D"font-size: 39px">January <br></span></span><span style=3D"color:#=
ffffff;"><span style=3D"font-size: 39px">Overview</span><span style=3D"font=
-size: 45px"> </span></span></h2><p style=3D"mso-line-height-rule:exactly;-=
ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;margin:0;padding:0;w=
ord-break:break-word;margin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvet=
ica Neue', Helvetica, Arial, Verdana, sans-serif;font-size:16px;font-weight=
:normal;line-height:1.5;mso-line-height-alt:150%;text-align:left;letter-spa=
cing:0;direction:ltr;margin:0;;"><br></p><p style=3D"mso-line-height-rule:e=
xactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;margin:0;pad=
ding:0;word-break:break-word;margin-bottom:0;color:rgb(0, 0, 0);font-family=
:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;font-size:16px;fon=
t-weight:normal;line-height:1.5;mso-line-height-alt:150%;text-align:left;le=
tter-spacing:0;direction:ltr;margin:0;;"><span style=3D"color:#ffffff;">In =
January 2026, wholesale electricity and gas prices have continued to be vol=
atile. We have seen significant daily and weekly price movements, both upwa=
rd and downward. However the month has ended with significant increases for=
 some wholesale periods. We continue to monitor these changes closely on be=
half of our clients and provide as much communication as possible.</span></=
p><p class=3D"last-child" style=3D"mso-line-height-rule:exactly;-ms-text-si=
ze-adjust:100%;-webkit-text-size-adjust:100%;margin:0;padding:0;word-break:=
break-word;margin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue',=
 Helvetica, Arial, Verdana, sans-serif;font-size:16px;font-weight:normal;li=
ne-height:1.5;mso-line-height-alt:150%;text-align:left;letter-spacing:0;dir=
ection:ltr;margin:0;;"><br></p></div></td></tr></tbody></table></td></tr></=
tbody></table></td></tr></tbody></table></td><td class=3D"mceColumn" colspa=
n=3D"6" data-block-id=3D"11" id=3D"mceColumnId-11" style=3D"mso-line-height=
-rule:exactly;-ms-text-size-adjust:100%;word-break:break-word;-webkit-text-=
size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;padding-top:0;pa=
dding-bottom:0;" valign=3D"top" width=3D"50%"><table border=3D"0" cellpaddi=
ng=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"font-size:100%;ms=
o-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-t=
ext-size-adjust:100%;border-collapse:collapse;" width=3D"100%"><tbody><tr><=
td align=3D"center" class=3D"mceImageBlockContainer" id=3D"b10" style=3D"ms=
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t:48px;padding-left:24px;border:0;border-radius:0;" valign=3D"top"><div><!-=
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able><div><!--<![endif]--></div><div>  </div></td></tr></tbody></table></td=
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able></td></tr><tr><td class=3D"mceGutterContainer" id=3D"gutterContainerId=
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e:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;word-brea=
k:break-word;" valign=3D"top"><table border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" role=3D"presentation" style=3D"font-size:100%;-ms-text-size-adju=
st:100%;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace=
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ayoutContainer" id=3D"b48" style=3D"mso-line-height-rule:exactly;-ms-text-s=
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le-rspace:0pt;mso-table-lspace:0pt;background-color:#0e20ea;padding-top:30p=
x;padding-bottom:30px;padding-right:0;padding-left:0;border:0;border-radius=
:0;" valign=3D"top"><table align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" class=3D"mceLayout" data-block-id=3D"48" id=3D"section_fb=
2f7daef4291129b3f1b6f08e686ace" role=3D"presentation" style=3D"font-size:10=
0%;mso-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-web=
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<tr class=3D"mceRow"><td style=3D"mso-line-height-rule:exactly;-ms-text-siz=
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at:no-repeat;background-size:cover;" valign=3D"top"><table border=3D"0" cel=
lpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"font-size:1=
00%;mso-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-we=
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><tr><td class=3D"mceColumn" colspan=3D"12" data-block-id=3D"-17" id=3D"mce=
ColumnId--17" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;mso-line-h=
eight-rule:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;=
word-break:break-word;" valign=3D"top" width=3D"100%"><table border=3D"0" c=
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dy><tr><td align=3D"center" id=3D"b-10" style=3D"mso-line-height-rule:exact=
ly;-ms-text-size-adjust:100%;word-break:break-word;-webkit-text-size-adjust=
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valign=3D"top"><table align=3D"center" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" data-block-id=3D"-10" role=3D"presentation" style=3D"font-size=
:100%;mso-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-=
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dy><tr class=3D"mceRow"><td style=3D"mso-line-height-rule:exactly;-ms-text-=
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epeat:no-repeat;background-size:cover;" valign=3D"top"><table border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"font-siz=
e:100%;mso-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;=
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ody><tr><td class=3D"mceColumn" colspan=3D"12" data-block-id=3D"-21" id=3D"=
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e-height-rule:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:10=
0%;word-break:break-word;" valign=3D"top" width=3D"100%"><table border=3D"0=
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mceRow"><td style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%=
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so-table-lspace:0pt;background-position:center;background-repeat:no-repeat;=
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table border=3D"0" cellpadding=3D"0" cellspacing=3D"24" role=3D"presentatio=
n" style=3D"font-size:100%;border-collapse:collapse;-ms-text-size-adjust:10=
0%;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;=
table-layout:fixed;" width=3D"100%"><colgroup><col span=3D"1" width=3D"8.33=
3333333333332%"><col span=3D"1" width=3D"8.333333333333332%"><col span=3D"1=
" width=3D"8.333333333333332%"><col span=3D"1" width=3D"8.333333333333332%"=
><col span=3D"1" width=3D"8.333333333333332%"><col span=3D"1" width=3D"8.33=
3333333333332%"><col span=3D"1" width=3D"8.333333333333332%"><col span=3D"1=
" width=3D"8.333333333333332%"><col span=3D"1" width=3D"8.333333333333332%"=
><col span=3D"1" width=3D"8.333333333333332%"><col span=3D"1" width=3D"8.33=
3333333333332%"><col span=3D"1" width=3D"8.333333333333332%"></colgroup><tb=
ody><tr><td class=3D"mceColumn" colspan=3D"6" data-block-id=3D"50" id=3D"mc=
eColumnId-50" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:10=
0%;word-break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt=
;mso-table-lspace:0pt;padding-top:0;padding-bottom:0;" valign=3D"top" width=
=3D"50%"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"pr=
esentation" style=3D"font-size:100%;mso-table-lspace:0pt;mso-table-rspace:0=
pt;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;border-collapse:=
collapse;" width=3D"100%"><tbody><tr><td class=3D"mceGutterContainer" id=3D=
"gutterContainerId-49" style=3D"mso-line-height-rule:exactly;-ms-text-size-=
adjust:100%;word-break:break-word;-webkit-text-size-adjust:100%;mso-table-r=
space:0pt;mso-table-lspace:0pt;padding-top:0;padding-bottom:0;padding-right=
:0;padding-left:0;" valign=3D"top"><table border=3D"0" cellpadding=3D"0" ce=
llspacing=3D"0" role=3D"presentation" style=3D"font-size:100%;-ms-text-size=
-adjust:100%;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-l=
space:0pt;border-collapse:separate;" width=3D"100%"><tbody><tr><td id=3D"b4=
9" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-bre=
ak:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-=
lspace:0pt;padding-top:0;padding-bottom:0;padding-right:0;padding-left:0;bo=
rder:0;border-radius:0;" valign=3D"top"><table style=3D"font-size:100%;-ms-=
text-size-adjust:100%;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;ms=
o-table-lspace:0pt;border:0;background-color:transparent;border-radius:0;bo=
rder-collapse:separate;" width=3D"100%"><tbody><tr><td class=3D"mceTextBloc=
kContainer" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%=
;word-break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;m=
so-table-lspace:0pt;padding-left:48px;padding-right:12px;padding-top:12px;p=
adding-bottom:12px;"><div class=3D"mceText" data-block-id=3D"49" id=3D"d49"=
 style=3D"color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial=
, Verdana, sans-serif;width:100%;"><h2 style=3D";margin-bottom:0;color:rgb(=
0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-seri=
f;font-size:25px;font-weight:bold;line-height:1.5;mso-line-height-alt:150%;=
text-align:left;letter-spacing:0;direction:ltr;display:block;margin:0;paddi=
ng:0;line-height: 1; mso-line-height-alt: 100%;"><span style=3D"color:#2cff=
b8;"><span style=3D"font-size: 36px">Wholesale Energy Prices &nbsp;</span><=
/span></h2><p style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:10=
0%;-webkit-text-size-adjust:100%;margin:0;padding:0;word-break:break-word;m=
argin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, =
Arial, Verdana, sans-serif;font-size:16px;font-weight:normal;line-height:1.=
5;mso-line-height-alt:150%;text-align:left;letter-spacing:0;direction:ltr;m=
argin:0;;"><br></p><p style=3D";margin-bottom:0;color:rgb(0, 0, 0);font-fam=
ily:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;font-size:16px;=
font-weight:normal;line-height:1.5;mso-line-height-alt:150%;text-align:left=
;letter-spacing:0;direction:ltr;margin:0;mso-line-height-rule:exactly;-ms-t=
ext-size-adjust:100%;word-break:break-word;-webkit-text-size-adjust:100%;ma=
rgin:0;padding:0;line-height: 0; mso-line-height-alt: 0%;"><br></p><p class=
=3D"mcePastedContent" style=3D"mso-line-height-rule:exactly;-ms-text-size-a=
djust:100%;-webkit-text-size-adjust:100%;margin:0;padding:0;word-break:brea=
k-word;text-align:left;margin-bottom:0;color:rgb(0, 0, 0);font-family:'Helv=
etica Neue', Helvetica, Arial, Verdana, sans-serif;font-size:16px;font-weig=
ht:normal;line-height:1.5;mso-line-height-alt:150%;text-align:left;letter-s=
pacing:0;direction:ltr;margin:0;;"><span style=3D"color:#ffffff;">Wholesale=
 energy prices throughout January have risen in some cases quite significan=
tly. As we move further into 2026, prices have continued to increase, refle=
cting ongoing volatility in the energy markets and reinforcing the importan=
ce of close monitoring and timely communication.</span></p><p style=3D";mar=
gin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Ar=
ial, Verdana, sans-serif;font-size:16px;font-weight:normal;line-height:1.5;=
mso-line-height-alt:150%;text-align:left;letter-spacing:0;direction:ltr;mar=
gin:0;mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:bre=
ak-word;-webkit-text-size-adjust:100%;margin:0;padding:0;line-height: 1.5; =
mso-line-height-alt: 150%;"><br></p><p class=3D"last-child" style=3D"mso-li=
ne-height-rule:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:1=
00%;margin:0;padding:0;word-break:break-word;margin-bottom:0;color:rgb(0, 0=
, 0);font-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;fo=
nt-size:16px;font-weight:normal;line-height:1.5;mso-line-height-alt:150%;te=
xt-align:left;letter-spacing:0;direction:ltr;margin:0;;"><span style=3D"col=
or:#ffffff;">If you&rsquo;d like to know more about how these prices will i=
mpact you and your business or would like to know more about when to look t=
o renew your energy supply contract book a call with a member of our team t=
oday.</span></p></div></td></tr></tbody></table></td></tr></tbody></table><=
/td></tr><tr><td align=3D"left" class=3D"mceButtonBlockContainer" id=3D"b57=
" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-brea=
k:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-l=
space:0pt;background-color:transparent;padding-top:12px;padding-bottom:12px=
;padding-right:24px;padding-left:46px;border:0;border-radius:0;" valign=3D"=
top"><div><!--[if !mso]><!--></div><table align=3D"left" border=3D"0" cellp=
adding=3D"0" cellspacing=3D"0" class=3D"mceButtonContainer" data-block-id=
=3D"57" role=3D"presentation" style=3D"font-size:100%;mso-table-lspace:0pt;=
mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100=
%;border-collapse:collapse;"><tbody><tr class=3D"mceStandardButton" style=
=3D"mso-hide:all!important;"><td class=3D"mceButton" style=3D"mso-hide:all!=
important;mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break=
:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-ls=
pace:0pt;background-color:#ffffff;border-radius:0;text-align:center;" valig=
n=3D"top"><font color=3D"#0e20ea" face=3D"Helvetica Neue, Helvetica, Arial,=
 Verdana, sans-serif"><span style=3D"min-width: 30px; background-color: rgb=
(255, 255, 255); border-width: 2px; border-image: initial; display: block; =
font-size: 16px; padding: 16px 28px; text-decoration-thickness: initial; te=
xt-decoration-style: initial; text-decoration-color: initial; letter-spacin=
g: 0px;"><b><a href=3D"https://uqlhp-zcmp.maillist-manage.eu/click/12ba4f8c=
d330332c/12ba4f8cd32ff8f3" style=3D"mso-line-height-rule:exactly;-ms-text-s=
ize-adjust:100%;-webkit-text-size-adjust:100%;word-break:break-word;mso-hid=
e:all!important;;" target=3D"_blank" zcurl_name=3D"l_2">Book a call</a></b>=
</span></font></td></tr></tbody></table><div><!--<![endif]--></div><table a=
lign=3D"left" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=3D"mce=
ButtonContainer" data-block-id=3D"57" role=3D"presentation" style=3D"font-s=
ize:100%;mso-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100=
%;-webkit-text-size-adjust:100%;border-collapse:collapse;"><tbody><tr>  </t=
r></tbody></table></td></tr></tbody></table></td><td class=3D"mceColumn" co=
lspan=3D"6" data-block-id=3D"53" id=3D"mceColumnId-53" style=3D"mso-line-he=
ight-rule:exactly;-ms-text-size-adjust:100%;word-break:break-word;-webkit-t=
ext-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;padding-top:=
0;padding-bottom:0;" valign=3D"top" width=3D"50%"><table border=3D"0" cellp=
adding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"font-size:100=
%;mso-table-lspace:0pt;mso-table-rspace:0pt;-ms-text-size-adjust:100%;-webk=
it-text-size-adjust:100%;border-collapse:collapse;" width=3D"100%"><tbody><=
tr><td class=3D"mceGutterContainer" id=3D"gutterContainerId-56" style=3D"ms=
o-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:break-word;=
-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;pad=
ding-top:0;padding-bottom:0;padding-right:32px;padding-left:15px;" valign=
=3D"top"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"pr=
esentation" style=3D"font-size:100%;-ms-text-size-adjust:100%;-webkit-text-=
size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;border-collapse:=
separate;" width=3D"100%"><tbody><tr><td id=3D"b56" style=3D"mso-line-heigh=
t-rule:exactly;-ms-text-size-adjust:100%;word-break:break-word;-webkit-text=
-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;padding-top:0;p=
adding-bottom:0;padding-right:0;padding-left:0;border:0;border-radius:0;" v=
align=3D"top"><table style=3D"font-size:100%;-ms-text-size-adjust:100%;-web=
kit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;border-=
width:1px;border-style:dotted;border-color:#ffffff;background-color:#061415=
;border-radius:0;border-collapse:separate;" width=3D"100%"><tbody><tr><td c=
lass=3D"mceTextBlockContainer" style=3D"mso-line-height-rule:exactly;-ms-te=
xt-size-adjust:100%;word-break:break-word;-webkit-text-size-adjust:100%;mso=
-table-rspace:0pt;mso-table-lspace:0pt;padding-left:24px;padding-right:24px=
;padding-top:5px;padding-bottom:12px;"><div class=3D"mceText" data-block-id=
=3D"56" id=3D"d56" style=3D"color:rgb(0, 0, 0);font-family:'Helvetica Neue'=
, Helvetica, Arial, Verdana, sans-serif;width:100%;"><p style=3D";margin-bo=
ttom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, V=
erdana, sans-serif;font-size:16px;font-weight:normal;line-height:1.5;mso-li=
ne-height-alt:150%;text-align:left;letter-spacing:0;direction:ltr;margin:0;=
mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:break-wor=
d;-webkit-text-size-adjust:100%;margin:0;padding:0;line-height: 1.25; mso-l=
ine-height-alt: 125%;"><strong><span style=3D"color:#ffffff;"><span style=
=3D"font-size: 22px"><br>Month to date</span></span></strong></p><p style=
=3D";margin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helve=
tica, Arial, Verdana, sans-serif;font-size:16px;font-weight:normal;line-hei=
ght:1.5;mso-line-height-alt:150%;text-align:left;letter-spacing:0;direction=
:ltr;margin:0;mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-b=
reak:break-word;-webkit-text-size-adjust:100%;margin:0;padding:0;line-heigh=
t: 1.25; mso-line-height-alt: 125%;"><br></p><p style=3D";margin-bottom:0;c=
olor:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Verdana, =
sans-serif;font-size:16px;font-weight:normal;line-height:1.5;mso-line-heigh=
t-alt:150%;text-align:left;letter-spacing:0;direction:ltr;margin:0;mso-line=
-height-rule:exactly;-ms-text-size-adjust:100%;word-break:break-word;-webki=
t-text-size-adjust:100%;margin:0;padding:0;line-height: 1.25; mso-line-heig=
ht-alt: 125%;"><span style=3D"color:#ffffff;"><span style=3D"font-size: 14p=
x">Gas Prices for March 2026 have increased from 69.03p per therm to 95.20p=
 per therm</span></span></p><p style=3D";margin-bottom:0;color:rgb(0, 0, 0)=
;font-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;font-s=
ize:16px;font-weight:normal;line-height:1.5;mso-line-height-alt:150%;text-a=
lign:left;letter-spacing:0;direction:ltr;margin:0;mso-line-height-rule:exac=
tly;-ms-text-size-adjust:100%;word-break:break-word;-webkit-text-size-adjus=
t:100%;margin:0;padding:0;line-height: 1.25; mso-line-height-alt: 125%;"><s=
pan style=3D"color:#ffffff;"><span style=3D"font-size: 14px">Summer 2026 - =
have increased from 65.805p per therm to 72.170p per therm</span></span></p=
><p style=3D";margin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neu=
e', Helvetica, Arial, Verdana, sans-serif;font-size:16px;font-weight:normal=
;line-height:1.5;mso-line-height-alt:150%;text-align:left;letter-spacing:0;=
direction:ltr;margin:0;mso-line-height-rule:exactly;-ms-text-size-adjust:10=
0%;word-break:break-word;-webkit-text-size-adjust:100%;margin:0;padding:0;l=
ine-height: 1.25; mso-line-height-alt: 125%;"><span style=3D"color:#ffffff;=
"><span style=3D"font-size: 14px">Winter 2026 - have increased from 71.321p=
 per therm to 80.570p per therm</span></span></p><p style=3D";margin-bottom=
:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Verda=
na, sans-serif;font-size:16px;font-weight:normal;line-height:1.5;mso-line-h=
eight-alt:150%;text-align:left;letter-spacing:0;direction:ltr;margin:0;mso-=
line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:break-word;-w=
ebkit-text-size-adjust:100%;margin:0;padding:0;line-height: 1.25; mso-line-=
height-alt: 125%;"><br></p><p style=3D";margin-bottom:0;color:rgb(0, 0, 0);=
font-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;font-si=
ze:16px;font-weight:normal;line-height:1.5;mso-line-height-alt:150%;text-al=
ign:left;letter-spacing:0;direction:ltr;margin:0;mso-line-height-rule:exact=
ly;-ms-text-size-adjust:100%;word-break:break-word;-webkit-text-size-adjust=
:100%;margin:0;padding:0;line-height: 1.25; mso-line-height-alt: 125%;"><sp=
an style=3D"color:#ffffff;"><span style=3D"font-size: 14px">Power Prices fo=
r March 2026 have increased from &pound;74.67 per mwh to &pound;92.50 per m=
wh</span></span></p><p style=3D";margin-bottom:0;color:rgb(0, 0, 0);font-fa=
mily:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;font-size:16px=
;font-weight:normal;line-height:1.5;mso-line-height-alt:150%;text-align:lef=
t;letter-spacing:0;direction:ltr;margin:0;mso-line-height-rule:exactly;-ms-=
text-size-adjust:100%;word-break:break-word;-webkit-text-size-adjust:100%;m=
argin:0;padding:0;line-height: 1.25; mso-line-height-alt: 125%;"><span styl=
e=3D"color:#ffffff;"><span style=3D"font-size: 14px">August 2026 - have inc=
reased from &pound;69.55 per mwh to &pound;76.10 per mwh</span></span></p><=
p style=3D";margin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue'=
, Helvetica, Arial, Verdana, sans-serif;font-size:16px;font-weight:normal;l=
ine-height:1.5;mso-line-height-alt:150%;text-align:left;letter-spacing:0;di=
rection:ltr;margin:0;mso-line-height-rule:exactly;-ms-text-size-adjust:100%=
;word-break:break-word;-webkit-text-size-adjust:100%;margin:0;padding:0;lin=
e-height: 1.25; mso-line-height-alt: 125%;"><span style=3D"color:#ffffff;">=
<span style=3D"font-size: 14px">December 2026 - have increased from &pound;=
75.97 per mwh to &pound;80.46 per mwh</span></span></p><p style=3D";margin-=
bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial,=
 Verdana, sans-serif;font-size:16px;font-weight:normal;line-height:1.5;mso-=
line-height-alt:150%;text-align:left;letter-spacing:0;direction:ltr;margin:=
0;mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:break-w=
ord;-webkit-text-size-adjust:100%;margin:0;padding:0;line-height: 1.25; mso=
-line-height-alt: 125%;"><br></p><p class=3D"last-child" style=3D";margin-b=
ottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, =
Verdana, sans-serif;font-size:16px;font-weight:normal;line-height:1.5;mso-l=
ine-height-alt:150%;text-align:left;letter-spacing:0;direction:ltr;margin:0=
;mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:break-wo=
rd;-webkit-text-size-adjust:100%;margin:0;padding:0;line-height: 1; mso-lin=
e-height-alt: 100%;"><span style=3D"color:#ffffff;"><span style=3D"font-siz=
e: 10px">Please note that due to the ongoing volatility of wholesale&nbsp;e=
nergy&nbsp;prices,&nbsp;Energy&nbsp;Costs&nbsp;Managed cannot guarantee the=
 accuracy of the above figures. These prices are intended as a visual guide=
 to reflect current market trends and should not be taken as financial advi=
ce.</span></span></p></div></td></tr></tbody></table></td></tr></tbody></ta=
ble></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbody><=
/table></td></tr></tbody></table></td></tr></tbody></table></td></tr></tbod=
y></table></td></tr></tbody></table></td></tr></tbody></table></td></tr></t=
body></table></td></tr></tbody></table></td></tr><tr><td class=3D"mceGutter=
Container" id=3D"gutterContainerId-92" style=3D"mso-table-lspace:0pt;mso-ta=
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er=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D=
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-table-rspace:0pt;mso-table-lspace:0pt;border-collapse:separate;" width=3D"=
100%"><tbody><tr><td class=3D"mceLayoutContainer" id=3D"b92" style=3D"mso-l=
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border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=3D"mceLayout" data-b=
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er:0;border-radius:0;" valign=3D"top"><div><!--[if !mso]><!--></div><a data=
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a070dd4.jpg" class=3D"imageDropZone mceImage" height=3D"auto" src=3D"https:=
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:none;border:0;display:block;max-width:100%;height:auto;border-radius:0;" w=
idth=3D"660"></td></tr></tbody></table></a><div><!--<![endif]--></div><div>=
  </div></td></tr><tr><td class=3D"mceGutterContainer" id=3D"gutterContaine=
rId-67" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;wor=
d-break:break-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-t=
able-lspace:0pt;padding-top:0;padding-bottom:0;padding-right:0;padding-left=
:0;" valign=3D"top"><table border=3D"0" cellpadding=3D"0" cellspacing=3D"0"=
 role=3D"presentation" style=3D"font-size:100%;-ms-text-size-adjust:100%;-w=
ebkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;borde=
r-collapse:separate;" width=3D"100%"><tbody><tr><td id=3D"b67" style=3D"mso=
-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:break-word;-=
webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:0pt;padd=
ing-top:0;padding-bottom:0;padding-right:0;padding-left:0;border:0;border-r=
adius:0;" valign=3D"top"><table style=3D"font-size:100%;-ms-text-size-adjus=
t:100%;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace:=
0pt;border:0;background-color:transparent;border-radius:0;border-collapse:s=
eparate;" width=3D"100%"><tbody><tr><td class=3D"mceTextBlockContainer" sty=
le=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word-break:bre=
ak-word;-webkit-text-size-adjust:100%;mso-table-rspace:0pt;mso-table-lspace=
:0pt;padding-left:45px;padding-right:45px;padding-top:12px;padding-bottom:1=
2px;"><div class=3D"mceText" data-block-id=3D"67" id=3D"d67" style=3D"color=
:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans=
-serif;width:100%;"><h2 style=3D"display:block;margin:0;padding:0;margin-bo=
ttom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, V=
erdana, sans-serif;font-size:25px;font-weight:bold;line-height:1.5;mso-line=
-height-alt:150%;text-align:left;letter-spacing:0;direction:ltr;;"><span st=
yle=3D"color:#ff4015;"><span style=3D"font-size: 30px">How could further in=
creases effect your business energy costs?</span></span></h2><p style=3D"ms=
o-line-height-rule:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adju=
st:100%;margin:0;padding:0;word-break:break-word;margin-bottom:0;color:rgb(=
0, 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-seri=
f;font-size:16px;font-weight:normal;line-height:1.5;mso-line-height-alt:150=
%;text-align:left;letter-spacing:0;direction:ltr;margin:0;;"><br></p><p sty=
le=3D";margin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Hel=
vetica, Arial, Verdana, sans-serif;font-size:16px;font-weight:normal;line-h=
eight:1.5;mso-line-height-alt:150%;text-align:left;letter-spacing:0;directi=
on:ltr;margin:0;mso-line-height-rule:exactly;-ms-text-size-adjust:100%;word=
-break:break-word;-webkit-text-size-adjust:100%;margin:0;padding:0;line-hei=
ght: 0; mso-line-height-alt: 0%;"><br></p><p class=3D"mcePastedContent" sty=
le=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%;-webkit-text-s=
ize-adjust:100%;margin:0;padding:0;word-break:break-word;text-align:left;ma=
rgin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue', Helvetica, A=
rial, Verdana, sans-serif;font-size:16px;font-weight:normal;line-height:1.5=
;mso-line-height-alt:150%;text-align:left;letter-spacing:0;direction:ltr;ma=
rgin:0;;"><span style=3D"color:#ffffff;">Further increases in wholesale ene=
rgy prices could lead to higher business energy costs, particularly when ex=
isting contracts come to an end or where prices are linked to market moveme=
nts. </span></p><p class=3D"mcePastedContent" style=3D"mso-line-height-rule=
:exactly;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%;margin:0;p=
adding:0;word-break:break-word;text-align:left;margin-bottom:0;color:rgb(0,=
 0, 0);font-family:'Helvetica Neue', Helvetica, Arial, Verdana, sans-serif;=
font-size:16px;font-weight:normal;line-height:1.5;mso-line-height-alt:150%;=
text-align:left;letter-spacing:0;direction:ltr;margin:0;;"><br></p><p class=
=3D"mcePastedContent" style=3D"mso-line-height-rule:exactly;-ms-text-size-a=
djust:100%;-webkit-text-size-adjust:100%;margin:0;padding:0;word-break:brea=
k-word;text-align:left;margin-bottom:0;color:rgb(0, 0, 0);font-family:'Helv=
etica Neue', Helvetica, Arial, Verdana, sans-serif;font-size:16px;font-weig=
ht:normal;line-height:1.5;mso-line-height-alt:150%;text-align:left;letter-s=
pacing:0;direction:ltr;margin:0;;"><span style=3D"color:#ffffff;">Rising co=
sts may impact budgeting, cash flow and overall operating expenses, making =
it more challenging for businesses to plan with certainty. </span></p><p cl=
ass=3D"mcePastedContent" style=3D"mso-line-height-rule:exactly;-ms-text-siz=
e-adjust:100%;-webkit-text-size-adjust:100%;margin:0;padding:0;word-break:b=
reak-word;text-align:left;margin-bottom:0;color:rgb(0, 0, 0);font-family:'H=
elvetica Neue', Helvetica, Arial, Verdana, sans-serif;font-size:16px;font-w=
eight:normal;line-height:1.5;mso-line-height-alt:150%;text-align:left;lette=
r-spacing:0;direction:ltr;margin:0;;"><br></p><p class=3D"mcePastedContent =
last-child" style=3D"mso-line-height-rule:exactly;-ms-text-size-adjust:100%=
;-webkit-text-size-adjust:100%;margin:0;padding:0;word-break:break-word;tex=
t-align:left;margin-bottom:0;color:rgb(0, 0, 0);font-family:'Helvetica Neue=
', Helvetica, Arial, Verdana, sans-serif;font-size:16px;font-weight:normal;=
line-height:1.5;mso-line-height-alt:150%;text-align:left;letter-spacing:0;d=
irection:ltr;margin:0;;"><span style=3D"color:#ffffff;">This highlights the=
 importance of reviewing energy strategies regularly, considering contract =
options carefully, and staying informed about market developments to help m=
anage potential cost pressures.</span></p></div></td></tr></tbody></table><=
/td></tr></tbody></table></td></tr><tr><td align=3D"center" class=3D"mceBut=
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