Electricity Price Spikes across the NEM

Electricity Price Spikes - Q2 Prices

Businesses renewing their retail electricity contracts during the last quarter (Q2 2016) faced significant price rises due to a spike in forward wholesale electricity contract prices. These electricity price spikes were primarily the result of a surge in wholesale spot prices across all regions of the National Electricity Market (NEM). With the exception of 2007, when drought […]