Results

In the week ending 17^th February 2019, VEEC creation was as follows:

• 49,039 down 28% compared to the previous week’s creation of 68,244
• The average for the last 3 weeks is 58,609
• Commercial Lighting contributed 31,358 (64%) compared to 52,971 (78%) the previous week
• The VEEC spot price was $19.50 COB Friday, up $1.50 from the previous Friday on the back of announcement by the ESC regarding the mandatory use of electricians on 21A GLS installations.

Analysis

The graph below shows the overall trend of total VEECs created each week.