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See the change. Examine the evidence.
Understand what it means for schools.

Editorial intelligenceAcademic year 2026/27
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School Solar & PPA/ Electricity intelligence

School Connection / the electricity desk

School electricity
& solar economics

Understand the market. Translate it into school decisions. Test the long-term solar case.

Observed wholesale market / Great Britain

Electricity price monitor

Through 11 Oct 2026
Retrieved 12 Oct 2026

Checking for newer complete days…

Latest daily mean£159.68/MWh

15.97p/kWh · wholesale component only

Latest seven days£129.51/MWh

-10.5% against preceding seven days

October 2026 to date vs July 2026+27.7%

Available latest-month observations against full July; different seasonal windows

098195£/MWh2026-07-012026-10-11
Equal-weight half-hourly index averages. The weekday window is a timing proxy, not a school demand or solar-generation weighted price. Missing observations are not interpolated; weekend gaps in the weekday view are connected.
Monthly wholesale observations · £/MWh
PeriodAll hoursWeekday 08–16Coverage
July 2026£106.24£96.411482 / 1488 intervals
August 2026£129.88£116.961488 / 1488 intervals
September 2026£129.55£119.271436 / 1440 intervals
October 2026 to date£135.62£117.31528 / 528 intervals

Provider: APXMIDP throughout. Uses positive-volume records; retains negative and genuine zero prices. UTC calendar days, 48 intervals expected per day; incomplete days remain flagged in downloads. These are short-term Market Index observations, not day-ahead auction settlements, futures or school contract quotes.

Check the original market

Contains BMRS data © ELEXON Limited copyright and database right 2026. Data licence. School Connection calculations; no Elexon endorsement. Refreshes when opened, subject to source availability and caching; this is not a real-time trading feed.

12 October / the current interpretation

Wholesale prices eased this week.
The long-term decision still needs scrutiny.

A dated reading of the verified 1 July–11 October record. Dashboard refreshes do not silently rewrite this analysis.

01 / What changed

A lower weekly average, still above July’s backdrop

Our APXMIDP record now runs through 11 October. July’s available intervals average £106.24/MWh, August £129.88 and September £129.55. The first eleven October days average £135.62/MWh, 27.7% above July. This compares a partial autumn month with a full summer month; it is not a 27.7% school bill increase or a prediction of the next renewal quote.

The 5–11 October mean is £129.51/MWh, 10.5% below the £144.68/MWh mean for 28 September–4 October. The shorter comparison has moved down while October remains above July. That is evidence of changing market conditions, not a reason to infer a guaranteed price trend. Check renewal dates and ask for comparable written quotes with the same delivery period and cost basis.

Inspect the observations
02 / Why timing matters

Daytime electricity tells a different story

The weekday 08:00–16:00 UK-time proxy averages £96.41/MWh in July, £116.96 in August, £119.27 in September and £117.31 over the first eleven October days. These are below the corresponding all-hours means. The comparison shows why an annual, all-hours price assumption may miss the periods relevant to school demand and solar generation.

It does not calculate a roof’s capture price: generation varies with weather and orientation, while schools close, host lettings and use electricity outside teaching hours. Request a matched half-hour demand and generation assessment before assigning financial value to the timing relationship.

Read the practical timing feature
03 / What could change next

Watch prices, charges and contract dates separately

NESO’s early winter view expects adequate national electricity supply. Its weather, gas-market and interconnector watch points can inform the risk discussion; they do not supply a school tariff forecast. Forward monthly and seasonal electricity quotes would answer a different question, but a licensed forward feed has not yet been connected here.

The 9 October TNUoS five-year forecast remains the latest listed version. September’s draft BSUoS rates for 2027/28 also remain draft, with final publication expected in December. This review found no newly published final DfE PPA template on the official guidance page, and the Ofgem migration milestone remains 7 May 2027. Keep contract charges and consent readiness separate from the wholesale-price movement.

Follow the changes calendar
04 / The solar implication

A strong proposal should survive the downside test

Solar can reduce imported electricity when generation is consumed onsite. Its financial strength depends on the avoidable import cost, the PPA price, escalation, usage and retained responsibilities. This week’s lower wholesale average is a useful prompt to revisit assumptions. Neither a high month nor a cheaper week proves an installation’s savings.

Ask whether the case remains acceptable with falling grid prices and an escalating PPA. Our three-path comparison includes generation decline, additional annual costs and discounted differences. Bring the adverse result into the same discussion as the preferred case, then resolve roof, ownership, consent and contractual questions through the programme’s readiness framework.

Test all three price paths
Previous interpretation: 9 October 2026

The original briefing used observations through 8 October. This is its dated record, not the current price assessment.

October’s opening days sit above July’s average

Our APXMIDP series averages £106.24/MWh across the available July intervals, £129.88 in August and £129.55 in September. The first eight October days average £148.68/MWh: 39.9% above July. That is an observed short-term index comparison between a partial autumn month and a full summer month, not a 39.9% school bill increase.

The last seven observed days average £148.16/MWh, 7.7% above the preceding seven. The signal warrants attention at renewal, but cannot establish the direction or price of a future school contract. July and September each contain a small number of excluded no-volume intervals; the dashboard shows coverage and download flags.

Daytime electricity tells a different story

The weekday 08:00–16:00 UK-time proxy averages £96.41/MWh in July, £116.96 in August, £119.27 in September and £129.96 over the first eight October days. These are below the corresponding all-hours means. The comparison shows why an annual, all-hours price assumption may miss the periods relevant to school demand and solar generation.

It does not calculate a roof’s capture price: generation varies with weather and orientation, while schools close, host lettings and use electricity outside teaching hours. Request a matched half-hour demand and generation assessment before assigning financial value to the timing relationship.

Watch prices, charges and contract dates separately

NESO’s early winter view expects adequate national electricity supply. Its weather, gas-market and interconnector watch points can inform the risk discussion; they do not supply a school tariff forecast. Forward monthly and seasonal electricity quotes would answer a different question, but a licensed forward feed has not yet been connected here.

Network charges and settlement changes need their own check. A school’s fixed term, renewal date and pass-through clauses determine when changes matter. A favourable market movement can coexist with increased non-commodity costs. Keep the commodity price, retained charges and future contract assumptions visible in the board paper.

A strong proposal should survive the downside test

Solar can reduce imported electricity when generation is consumed onsite. Its financial strength depends on the avoidable import cost, the PPA price, escalation, usage and retained responsibilities. Higher observed wholesale prices strengthen the reason to investigate those inputs; they do not prove a particular installation’s savings.

Ask whether the case remains acceptable with falling grid prices and an escalating PPA. Our three-path comparison includes generation decline, additional annual costs and discounted differences. Bring the adverse result into the same discussion as the preferred case, then resolve roof, ownership, consent and contractual questions through the programme’s readiness framework.

What comes next / evidence-led watch

Dates, drivers and decisions

Confirmed milestones, published outlooks and school-specific triggers. No invented forward quotations or guaranteed price direction.

Published 9 October / reviewed 12 October

The latest transmission forecast remains a planning signal

NESO’s publication adds a fresh non-commodity cost signal to the school energy discussion. Review the forecast separately from wholesale electricity and identify the charges your school retains. Final tariff setting and your supply contract determine the practical effect.

Read the 9 October NESO report

Draft September / final tariffs expected December 2026

Draft rates, not final charges

Balancing costs for 2027/28

NESO’s published BSUoS draft rates are £21.67/MWh for April–September 2027 and £18.42/MWh for October 2027–March 2028. These are balancing-system charges, separate from the wholesale index. School exposure depends on the supply contract.

Leadership next step

Ask how balancing charges are included or passed through; use the draft only for sensitivity testing until final rates are published.

Check the primary source

Checked 12 October / publication date awaited

Testing described; publication unverified

DfE PPA and land-lease templates

The official guidance still links new approvals to completing template testing and publication, expected in autumn. This review did not verify a newly published final template or resumption announcement.

Leadership next step

Continue the demand, roof and ownership evidence pack. Confirm current official terms before making a commitment.

Check the primary source

Published 9 October / next draft November

Forecast, not final tariffs

Transmission costs beyond April 2027

NESO’s new five-year view covers 2027/28–2031/32. It forecasts total TNUoS revenue of £9.5bn in 2027/28, rising to £13.8bn in 2031/32. This is a system-level forecast, not a school-specific increase; it does not change 2026/27 tariffs.

Leadership next step

Ask which transmission charges are fixed or passed through, and which remain payable after solar reduces imports.

Check the primary source

By 7 May 2027

Published migration milestone

Half-hourly settlement migration

Ofgem’s P487 material identifies 7 May 2027 as the supplier deadline for migrating MPANs. Settlement reform does not automatically put a school onto a dynamic tariff or guarantee lower bills.

Leadership next step

Ask when your meters migrate, what data you can access and whether any contract or metering charges change.

Check the primary source

December 2026

Quarterly publication cycle

Next official retail-price context

DESNZ’s quarterly release cycle includes December. The next statistical observations will help update the non-domestic backdrop, but will still lag current school quotes.

Leadership next step

Compare the relevant consumption band and tax basis; keep observed wholesale prices and retail statistics separate.

Check the primary source

Winter 2026/27

Published early view

System margins and weather

NESO’s early view expects sufficient supply, with a 5.5 GW surplus and 8.8% buffer. Weather, gas markets and interconnector flows remain watch points. A secure system does not guarantee low prices.

Leadership next step

Keep continuity planning separate from procurement and solar savings assumptions.

Check the primary source

Next market-data connection

Forward quotes not connected

Monthly and seasonal electricity prices

Compare delivery-specific monthly, winter/summer and annual contracts when a licensed, timestamped forward feed is available. The observed index above cannot establish those prices.

Leadership next step

Ask for the delivery period, quote time, baseload/peak profile and non-commodity cost breakdown behind renewal comparisons.

Check the primary source

At your next renewal

School-specific date

When market changes reach your bill

Fixed, flexible and pass-through contracts transmit market changes differently. The school’s renewal date and agreed terms determine exposure; an index percentage is not a bill percentage.

Leadership next step

Record contract end date, notice deadline, fixed components and variable charges.

Check the primary source

Before a PPA decision

Scenario test

The grid–PPA price relationship

A lower starting PPA price can lose its advantage as it escalates or grid prices fall. Test the full term alongside onsite consumption and costs the school retains.

Leadership next step

Compare falling, level and rising grid-price paths; discuss the adverse result with governors.

Check the primary source
What a future forward-price panel must establish

A verified quotation for each delivery period, quote timestamp, baseload or peak definition, liquidity or settlement basis and permission to publish. Monthly, seasonal and annual contracts must stay distinct from realised Market Index data and from a school’s delivered tariff. Until that connection is verified, no forward curve or numerical forecast is presented.

Decision support / explicit assumptions

Explore the relationship, not a promised return

School inputs stay in this browser session. The tools do not submit financial information or generate a supplier quote.

Three paths / one transparent comparison

Does the solar case survive a cheaper grid?

Compare −3%, 0% and +3% annual changes in the avoidable grid unit price. All three are illustrative assumptions, independent of the observed wholesale chart. The 25p grid and 15p PPA starting inputs are examples, not market quotes. Use a consistent tax basis.

Check the actual agreement. Export rights and purchase obligations are independent; defaults assume payment for onsite consumption only and no school export income.

Falling grid prices · -3% / year

£19,110Discounted net difference over 20 years
Year-one net difference
£7,000
Final-year net difference
-£4,987
Undiscounted net total
£12,573
PPA unit price exceeds grid
Year 12

Level grid prices · 0% / year

£69,113Discounted net difference over 20 years
Year-one net difference
£7,000
Final-year net difference
£2,003
Undiscounted net total
£91,304
PPA unit price exceeds grid
Not within this scenario term

Rising grid prices · +3% / year

£138,950Discounted net difference over 20 years
Year-one net difference
£7,000
Final-year net difference
£13,992
Undiscounted net total
£203,798
PPA unit price exceeds grid
Not within this scenario term

Year one uses entered generation and prices. Generation declines and unit prices compound from year two. Net difference adds export income only if selected and subtracts annual school costs. Totals deduct initial school cost at time zero; annual cash flows are discounted at year-end. Export price and annual cost stay constant. This is not a complete project NPV: downtime, timed roof works, tax differences, financing, residual value and changing consumption are excluded. Use internally consistent nominal or real assumptions; the defaults are illustrative nominal inputs. Charges that remain payable after solar must be excluded from the avoidable grid input. Zero additional cost is an assumption to check, not a claim that no costs exist.

See the worked appraisal and proposal worksheet

Wholesale to school bill / illustration

A market movement is not the same percentage on your bill

Estimate the arithmetic if only the commodity component changes and every other unit-rate component remains constant. This does not model a fixed or hedged contract’s actual repricing.

27.00p/kWh Illustrative resulting rate · +2.00p/kWh

The 40% starting share is an illustration informed by Ofgem’s broad business-bill context, not a measured school unit-rate breakdown. Standing charges, contract timing, hedging and pass-through changes are excluded. Obtain your own component breakdown.

Take this into the next meeting

Five questions for finance and estates

  1. When does our contract end, and which charges can change before then?
  2. What does each avoided imported kilowatt-hour genuinely save?
  3. How much solar generation matches our half-hourly demand, including holidays?
  4. What happens if grid prices fall while the PPA price rises?
  5. Who owns the next evidence request, and when will governors review it?

Evidence / interpretation / limitations

Follow the sources

Published 9 October 2026. Stress-test methods expanded 10 October. Current market interpretation and policy sources reviewed 12 October; the original 9 October interpretation is retained below. Observed prices can update independently when the page is opened. Dated interpretation changes only after a separate editorial review. Forecasts, scheduled developments and School Connection recommendations remain distinct.

  1. NESO

    Draft BSUoS Tariffs 9 and 10 for 2027/28

    September 2026 report, reviewed 12 October. Draft rates £21.67/MWh for April–September 2027 and £18.42/MWh for October 2027–March 2028. Final tariffs expected December 2026; not school electricity quotes.

  2. DfE

    School solar PPA pilot and template guidance

    Published 16 July; checked 12 October. The page still describes testing before template publication and approvals resuming. No final template publication or new approval route was verified in this review.

  3. NESO

    Five-Year View of TNUoS Tariffs, 2027/28–2031/32

    9 October 2026. Forecast transmission charges, not final tariffs or a school bill quotation. The report says the next draft forecast is due November.

  4. Ofgem

    P487 and half-hourly settlement migration

    Published code-modification material identifies the M15 migration deadline as 7 May 2027; individual school dates and contracts require confirmation.

  5. Elexon

    Market Index prices and API

    APXMIDP observed half-hourly Market Index price and volume records. Archive extended through 11 October; retrieved 12 October. Initial record was 1 July–8 October 2026. Not a futures curve.

  6. Elexon

    Market Index Definition Statement

    Price in pounds per MWh; provider-specific index methodology and volume definitions.

  7. Ofgem

    Managing business energy costs in an uncertain market

    31 March 2026. Commodity, network and environmental costs; broad business context is not a school-specific share or current quote.

  8. NESO

    Winter Watch: early view of winter 2026/27

    Page reviewed 12 October. Early view: 5.5 GW surplus and 8.8% buffer. Security-of-supply assessment, not a price forecast; fuller assessment awaited on this source page.

  9. NESO

    Summer Outlook: timing and flexibility

    14 April 2026. Lower summer demand and local renewable generation can create surplus periods; flexibility is an operational tool.

  10. ICE Futures Europe

    UK Base Electricity Future (Gregorian)

    Monthly contracts and quarterly/seasonal/calendar strips; continuous baseload delivery. No licensed forward-price feed has been connected to this desk.

  11. DESNZ

    Quarterly Energy Prices: September 2026

    29 September release covers April–June non-domestic prices. Separate retail statistical context, not the July–October wholesale series.

Calculation and update method

The initial archive contains 4,790 positive-volume APXMIDP observations over 100 UTC days. Ten no-volume intervals are excluded: six on 27 July and four on 11 September. Prices are equally weighted by observed half-hour, not by traded volume; monthly means weight daily means by interval count. £/MWh divided by ten gives p/kWh. Negative prices are retained. There is no interpolation, school consumption weighting or modelled forecast in the observed series.

On opening, a server-side connection requests the latest 35 complete UTC days from Elexon, caches successful responses for up to 15 minutes and combines them with the verified historical archive. A missing latest complete day or unavailable source leaves the dated archive visible with an explicit message. This page is not a continuously polling or real-time trading service. Historical observations can be revised by the source.

The weekday 08:00–16:00 comparison uses Europe/London time, excludes weekends and includes holidays. It is a demand-timing proxy, not a solar-generation-weighted or school-specific price. Great Britain market coverage does not describe Northern Ireland’s electricity market. Editorial and commercial relationships cannot change the observed values or purchase a favourable conclusion.

Worked appraisal and proposal comparisonParticipating-school evidence recordReturn to the School Solar & PPA programme