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We often read (even in this blog post) that these wholesale prices often don't impact consumers (who tend to pay a more fixed rate), but how true is that of ent
by flipbrad 3y ago
We often read (even in this blog post) that these wholesale prices often don't impact consumers (who tend to pay a more fixed rate), but how true is that of entities in your space - did you immediately profit from the reduced rates (to their full extent), or was that mostly absorbed by some other middleman, hedging, etc?
- jonatron 3y agoAs a consumer in the UK, the last time I got paid to use electricity was 11 April 2023. See https://agileprices.co.uk/ https://agileprices.co.uk/ for how much I got paid per kWh and when.
- phicoh 3y agoThere is one thing to keep in mind. Day-ahead prices are often quoted because they are public and objective. But day-ahead trading, at least in The Netherlands, is only about 30% of the electricity market. If you look at consumers, only a tiny minority has an electricity contract that is directly based on day-ahead prices.
- neals 3y agoI'm afraid I'm the middleman here. Profit went straight to us, consumer still paid the 0.70/kw. I have to say that we are implementing dynamic pricing and want to have fixed margin of 0.30/kw, I believe we will be the first medium sized operators who will have full price transparency. We are going to be publishing 'tomorrows' prices on our website, even.