Wholesale gas and electricity prices continued their trickle downward on Monday, which is good news given the prices for all non-commodity charges that are coming through on electricity. The net effect is that gas prices at retail continue to soften, whilst electricity firms firm because of the increased non-commodity costs.

The curves continue to remain very flat for 1–3 year terms, although the price differential between April and October renewals, as can be seen in the table below, still persists with October 1 renewals representing the best value.

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