You get your price of gas for the year ahead from your broker
You add your overhead and a margin on that annual cost
You chunk it up into a 12 month payment plan
Then you sell to the customer and if they pay and you got your overheads right, you make your 10% or whatever.
Except in the B2C space that 12 month cost of supplying the gas is around 3x what you can charge your customer. (A bit less with the new cap and gap closes a bit more in Oct)
Each price capped house is costing the supplier several thousand pounds in LOSS to serve it.
Posted By: CWC, May 17, 09:39:10
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