[Ms NTL]

Originally Posted by jfman

And how much profit would octopus make if everyone switched?

In the case of leccy is 100% profit

The formula is public

Your unit rate calculation
The unit rate charge (in pence per kilowatt-hour) for a given half-hour period is:

min(2.1 x W + P, 95.23)
where:

2.1 is a coefficient that includes our distribution costs
W is the wholesale cost of electricity for that period (in pence per kilowatt-hour)
P has value 12.00 between 4pm and 7pm but is zero otherwise.
95.23 is chosen to ensure the price is capped at 100p/kWh once VAT is added.

I will try to find the gas formula.

Gas unit charge: (W * 0.03604) + 1.4025 p per kWh