Please see below the latest newsletter from the YPO regarding Gas pricing and market conditions
April 2026/2027 Overview:
The annual ‘mark to market’ price for the April-26 contract as of
24th August is 3.33p/kwh.
The table below shows the levels of month-by-month breakdown cover, together with the forecast commodity prices, based on the current market position. This position is based on our fixed versus open positions per period.
Table 1– April 2026 Breakdown (As of: 24th August 2026):
Please note: The non commodity element (0.4036p/kwh) is an average calculation against the entire basket. For more accuracy, please replace this with your own transportation fees via the Corona Transportation spreadsheet and use Column Z Weighted
Average Unit rate.
(Customers should remember that the above forecast prices, together with any bespoke forecasts sent by the YPO team are not the final prices used for billing. These will be impacted by daily movements in gas market prices and the Cost of Gas (CoG) process,
which is carried out, once actual monthly consumption is determined).
The forward contract overview(s) below provides an estimated commodity forecast within our rolling 3-year hedging strategy. The basket forecast provides an annual hedged position, alongside the current weighted average price of commodity in p/kwh, with an
overall % change from the previous year.
Note: These figures are based on our fixed versus open positions as of:
24th August 2026.
Basket Forecast
Reference Price
For customers that choose to be billed on the reference price option, this has been set at 3.30p/kwh for 26/27. This is a reduction from 3.75p/kwh in 25/26.
Customers will remain on your current billing option of monthly price change or reference price unless you have advised of wanting to change.
April 2027/2028 Overview:
Table 2 – April 2027 Breakdown (As of: 24th August 2026):
Basket Forecast
April 2028/2029 Overview:
Table 3 – April 2028 Breakdown (As of: 24th August 2026):
Basket Forecast
As we are highly hedged for gas out until 2028 currently, our risk management and trading strategy has helped to protect against sharp rising markets following the escalations in conflict in and around Iran.
Additional non commodity charges:
Substantial investment is being made into the networks inline with future plans to produce cleaner energy, as a result increases into transportation costs are expected by around 30%. The impact will be greater on power than gas.
Further to the above increases, there will also be an increase in Climate Change Levy (CCL)
Further information can be found below:
Climate Change Levy rates - GOV.UK
Future outlook:
YPO gas customers are in a good position as the basket is currently purchased out to Mar 2028 meaning that the longer term hedging strategy is working as we are able to minimise the impact of the current energy shocks by purchasing over a longer period and
also trading when triggers are reached. The trading report shows that from the 1st of April 2026 customers will be paying circa 3.33p/kwh for the commodity and from 1st of April 2027 2.55p/kwh on the commodity. Non commodity is added
separately on top. Trading has also taken place on Summer and Winter 28 seasons continuing to offer long term protection for the basket.
Corona portal:
We would encourage customers to check the My Corona portal to review summer consumption and check this is in line with expectations.
If any customers don’t already have a login for My Corona, please email
[email protected] to be set up.
Reduce your schools’ energy use during summer:
Explore our practical steps to help manage energy costs and prepare for the new school year.
Reduce your schools energy use during summer | YPO
Free Trial- AMR DNA
AMR DNA, powered by kWIQly and offered by Energy Assets, is an AI-driven energy analytics platform designed to optimize energy consumption in buildings. It analyses data from Automated Meter Reading (AMR) systems to identify inefficiencies, detect waste,
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The system uses artificial intelligence to:
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- Provide tailored recommendations for energy savings
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If you are interested in a free trial, please contact
[email protected] or
[email protected]
Social Value
Water:
Social Value delivered through the YPO Framework Agreement 1181 is well within your reach. Our supplier, Wave, operates the Big Blue Eco Scheme, which allows schools within eligible wholesaler regions to request a FREE site visit from a qualified plumber.
During the visit, the plumber will carry out a full site survey and provide a report identifying any water inefficiencies—such as leaks—and recommending opportunities for improvement. On the day of the visit, you can also benefit from the free installation
of up to 28 water-saving retrofit devices, including tap aerators, toilet displacement bags, and inline shower restrictors.
Don't miss out on this opportunity and register today:
https://www.wave-utilities.co.uk/big-blue-eco-booster
As a valued Wave customer do you know that there are a wealth of resources and materials that are available to you via their dedicated Public Sector resources page -
Resources the Quarterly Newsletter | Wave. Resources available to you range from useful hints, tips and posters relating to water efficiency, links to wholesaler freebies as well as a range of training resources and personal/professional wellbeing support.
Please take some time to familiarise yourself with this page and if you have any questions, please feel free to reach out to Wave via their business support team mailbox:-
[email protected]
YPO customers can access a range of free educational resources provided by Wave via their dedicated schools webpage:
Schools | Wave
The resources are designed to support both careers education and sustainability learning in schools. Customers can access a series of careers videos, where Wave employees explain their roles and the key Skills Builder skills required in their jobs. For primary
schools, five employees share insights into their careers, while for secondary schools, Wave’s Head of Finance discusses her role, the skills needed for a career in finance, and offers advice on preparing for the world of work.
In addition, customers can download a variety of free classroom resources, including:
- A CV writing guide
- A sustainability challenge sheet
- Primary school activities
- A water cycle infographic
All resources are available free of charge and can be accessed directly through Wave’s schools webpage:
https://www.wave-utilities.co.uk/schools.
Planned procurements:
Supply of Electricity and Ancillary Services
YPO’s current Supply of Electricity and Ancillary Services Framework Agreement (1100) is due to expire on 31 March 2031. However, in line with our Risk Management Policy and three-year rolling trading strategy, YPO has already begun the re-procurement process.
A Prior Market Engagement (PME) notice was issued on 11th May to initiate early engagement with the market.
A crucial part of this engagement involves input from our customers. If you would like to share your feedback and help shape the next iteration of the Electricity Framework Agreement, please complete the survey using the link provided or simply scan the QR
code.
YPO
Electricity Framework 2031 Customer Engagement Survey – Collaboration
Water, Wastewater and Ancillary Services
YPO is currently in the research phase for the re-procurement of the next iteration of the Water, Wastewater and Ancillary Services framework under PA23. We would really value your feedback and insights as part of this process. If you’d like to share your
thoughts or get involved in the conversation, please contact us at
[email protected].
Other Framework Solutions:
At YPO we will always be on hand to fuel your energy journey, simply get in touch via
[email protected].
Water, Wastewater and Ancillary Services - 1181
This framework provides a compliant route to market for the procurement of water, wastewater, and ancillary services for all public sector bodies. It is a YPO – led collaboration in partnership with ESPO and West Mercia Energy. We can support you in reducing
your water consumption, making your usage more efficient and supply more
resilient. You will be given your own dedicated account manager to ensure one single point of contact throughout to help you monitor and stay on top of your usage.
Water, Wastewater and Ancillary Services Procurement | YPO
The current solution is due to expire on 31 August 2027, and YPO is currently developing a new iteration of the Water Framework Agreement to ensure continuity of service provision. In the meantime, all existing customers, including WM and ESPO
customers, can continue to access Framework 1181 and benefit from its terms and pricing.
For customers whose contracts expire in early 2027, a new call-off order can be placed with Wave up to 31 August 2027. Alternatively, if you would like additional time to undertake benchmarking exercises and complete any internal compliance requirements,
a 1-year contract could be considered.
If your current contract already contains extension provisions, these can be exercised simply by notifying Wave of your intention to extend.
YPO will notify all customers once the new Water Framework Agreement is available. We will also share details of the procurement outcome, including the benefits and value achieved through the tender process.
The Supply of Renewable Biomass & Related Services – DPS 1080
A dynamic purchasing system (DPS) for the bulk supply of renewable biomass products such as biomass wood pellets and biomass wood chips. Each product will be to a particular specification, as required and set by the customer.
Renewable Biomass Procurement | YPO
YPO has a comprehensive range of energy supply contracts awarded through a competitive tender process, meaning you can come direct to us and be sure your new electricity, gas, water and biomass services are fully compliant with all public sector procurement
regulations. We know that securing energy contracts can be a complex and difficult process, but we are here to help you. We offer a range of contract types and lengths that offer great value.
Explore our Monthly Energy Insights page for the latest news and updates impacting global energy:
Public Sector Energy Procurement | YPO