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Why can’t we just buy electricity at the spot price?

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  • DE_612183
    DE_612183 Posts: 3,810 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    would you not need a full time employee to manage your electricity then - good idea but I don't think I'd have the time to do this - much easier to have an average price - happy for that to be daily rate - weekends could be different to weekdays

  • theoretica
    theoretica Posts: 12,691 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Sounds like you are proposing something similar to what some consumers had in Texas during the power crisis last year with eyewatering bills... https://en.wikipedia.org/wiki/Griddy

    But a banker, engaged at enormous expense,
    Had the whole of their cash in his care.
    Lewis Carroll
  • jj_43
    jj_43 Posts: 336 Forumite
    100 Posts First Anniversary Name Dropper
    Paying for the true cost would be an eye opener 👀
  • jj_43 said:
    Paying for the true cost would be an eye opener 👀
    £9,724.54 per MWh - or £9.72 per unit - is the highest that I've seen listed anywhere.  That was around the time of the heatwave in June.
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