Electricity: Prices

Department for Business, Energy and Industrial Strategy written question – answered on 21st March 2017.

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Photo of Callum McCaig Callum McCaig Shadow SNP Westminster Group Leader (Energy and Climate Change)

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the average wholesale price of electricity was in 2016.

Photo of Jesse Norman Jesse Norman Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

Holding answer received on 20 March 2017

The average base load wholesale price of electricity in the day-ahead market for the period January to November 2016 was £42 per megawatt-hour*.

*Source: Ofgem electricity prices, https://www.ofgem.gov.uk/chart/electricity-prices-day-ahead-baseload-contracts-monthly-average-gb

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