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Old 19-05-2023, 21:40   #2238
Ms NTL
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Join Date: Sep 2022
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Re: The energy crisis

Quote:
Originally Posted by Mad Max View Post
It's still a friggin rip-off, it was the same when petrol went through the roof, it has dropped quite a bit since then but is still much higher than before the huge rise last year, it won't drop in price anytime soon and we'll be told that we're getting a really good deal, talk about lining your pockets, those companies should be wearing masks!
Absolutely correct. Octopus makes about 100% profit on electricity but not so much on gas (see formulas below). Mind you they purchased leccy & gas in the "futures market".

But for the Agile/tracker people, Octopus buys it daily at around 3:30pm
Attached Images
File Type: jpeg leccy.jpeg (214.3 KB, 10 views)
File Type: jpg gas.jpg (179.0 KB, 12 views)
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