Electric wholesale rates close to 10p/kwh against capped rate of 28

wrf12345

Someone in the industry must be printing money...

BUFF

the wholesale cost of electricity is typically ~40% of your bill with other charges making up the difference
 https://indigoswan.co.uk/blog/what-makes-up-my-energy-bill/

markin

Ofgem used 4.9p/kWh for gas and 16.6p/kWh for electricity when deriving the April cap. So they could be making 6.6p if they buy the power today, rather than months or years ago. Its said they buy around 90% - 95% ahead and only gamble to make profit on a small % still too much for the ones that went Bust.

Flight3287462

What's the price of an Avocado at the farm gate?

Significantly less than what you pay in the supermarket. Same principles apply

Mstty

Flight3287462 said:

What's the price of an Avocado at the farm gate?

Significantly less than what you pay in the supermarket. Same principles apply

Normally twice the price of a supermarket to be fair🤣🤣🤣 have you been to a farm shop.

BUFF

 & how much would the avocado be if you asked the farm to deliver it to your home (as your energy is)?
You, as an individual, can't buy your electricity or gas direct from the producer anyway - there will always be at least one other company/level inbetween.