v21’s avatarv21’s Twitter Archive—№ 79,275

    1. …in reply to @felix_cohen
      @felix_cohen the price cap calculations include a 2% rate of profit for suppliers, but their cost depends a lot on buying electricity and electricity options in advance in a smart way. but also the ones raking it in are the ones generating the electricity & the ones supplying fuel
  1. …in reply to @v21
    @felix_cohen that said, wholesale supply is only around 50% of the price cap, there's costs for the grid, admin, taxes, paying suppliers to take on the customers of suppliers that have gone bust...