Monthly report · day-ahead marketElectricity prices in Great Britain, July 2024
July 2024
Monthly average6.96£69.58/MWh
Cheapest day4 Jul1.07p/kWh
Most expensive day8 Jul8.10p/kWh
Hours below zero15h
In July 2024, electricity on the day-ahead market in Great Britain cost an average of 6.96p/kWh (£69.58/MWh).
That is 2% less than in June 2024.
The cheapest day was Thursday, 4 July 2024, averaging 1.07p/kWh; the most expensive was Monday, 8 July 2024 at 8.10p/kWh.
The lowest price came on 6 July 2024 at 14:00 (-1.69p/kWh), the highest on 8 July 2024 at 18:00 (11.00p/kWh). In total, prices were below zero for 15 hours.
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 7% cheaper than weekdays.
Compared with
- Previous month (June 2024)
- 7.10 ▼
- Weekdays
- 7.09
- Weekends
- 6.59
Wholesale price · p/kWh
Price by day
Daily wholesale average; the line marks the monthly average.
p/kWh
The average day
Average wholesale price for each hour of the day this month.
p/kWh · 02:00–05:00
All days
| Day | Average | Lowest | Highest | Hours < 0 |
|---|---|---|---|---|
| 1 Jul Monday | 8.02 | 6.38 15:00 | 10.06 07:00 | – |
| 2 Jul Tuesday | 7.47 | 4.48 03:00 | 10.02 18:00 | – |
| 3 Jul Wednesday | 7.00 | 4.38 22:00 | 9.22 08:00 | – |
| 4 Jul Thursday | 1.07 | -1.00 13:00 | 5.25 21:00 | 11 |
| 5 Jul Friday | 5.51 | 0.34 02:00 | 9.53 17:00 | – |
| 6 Jul Saturday | 4.35 | -1.69 14:00 | 8.38 23:00 | 4 |
| 7 Jul Sunday | 5.97 | 1.11 05:00 | 9.47 20:00 | – |
| 8 Jul Monday | 8.10 | 6.63 00:00 | 11.00 18:00 | – |
| 9 Jul Tuesday | 7.52 | 5.87 05:00 | 9.97 19:00 | – |
| 10 Jul Wednesday | 6.59 | 4.01 14:00 | 9.21 20:00 | – |
| 11 Jul Thursday | 7.33 | 6.11 03:00 | 9.46 20:00 | – |
| 12 Jul Friday | 7.23 | 6.12 04:00 | 8.53 20:00 | – |
| 13 Jul Saturday | 6.95 | 5.05 04:00 | 8.53 18:00 | – |
| 14 Jul Sunday | 5.99 | 2.24 06:00 | 8.24 21:00 | – |
| 15 Jul Monday | 7.78 | 5.88 04:00 | 9.79 19:00 | – |
| 16 Jul Tuesday | 7.08 | 4.96 04:00 | 9.23 20:00 | – |
| 17 Jul Wednesday | 7.77 | 6.44 13:00 | 9.83 20:00 | – |
| 18 Jul Thursday | 7.54 | 6.37 13:00 | 10.66 19:00 | – |
| 19 Jul Friday | 7.45 | 5.41 14:00 | 9.81 20:00 | – |
| 20 Jul Saturday | 7.50 | 6.31 05:00 | 9.50 19:00 | – |
| 21 Jul Sunday | 7.18 | 5.01 15:00 | 9.14 19:00 | – |
| 22 Jul Monday | 7.45 | 4.81 14:00 | 9.62 20:00 | – |
| 23 Jul Tuesday | 7.24 | 5.36 15:00 | 9.53 20:00 | – |
| 24 Jul Wednesday | 7.44 | 5.82 16:00 | 9.55 08:00 | – |
| 25 Jul Thursday | 7.38 | 5.85 02:00 | 9.18 19:00 | – |
| 26 Jul Friday | 7.34 | 6.04 03:00 | 8.97 20:00 | – |
| 27 Jul Saturday | 7.46 | 6.54 15:00 | 9.35 19:00 | – |
| 28 Jul Sunday | 7.30 | 6.41 05:00 | 9.10 19:00 | – |
| 29 Jul Monday | 7.23 | 5.70 02:00 | 10.00 19:00 | – |
| 30 Jul Tuesday | 7.63 | 6.34 14:00 | 10.79 19:00 | – |
| 31 Jul Wednesday | 7.82 | 6.58 04:00 | 10.26 19:00 | – |
p/kWh · Today · Methodology