Industrial gas prices a fifth lower than last year

Gas prices for industrial users were on average a fifth (19%) lower in the third quarter of 2014 than a year ago, according to government statistics released today. DECC said […]

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By ELN reporter

Gas prices for industrial users were on average a fifth (19%) lower in the third quarter of 2014 than a year ago, according to government statistics released today.

DECC said UK industrial gas prices (including tax) were also amongst the lowest in the EU15, the group of mostly Western European countries.

It was a different picture for electricity prices.

Average industrial power prices in the country were 4.4% higher between July and September 2014, compared to the same period in 2013.

Graph from DECC's report on UK Energy Statistics, Q3 2014, published 18.12.14
Graph from DECC’s report on UK Energy Statistics, Q3 2014, published 18.12.14