Gas pricing.

Joined
24 Sep 2005
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United Kingdom
Spot prices per Therm (approx' 29.3 kWh)

May 2006 40p
Aug 2006 40p
Nov 2006 32p
Feb 2007 26p
May 2007 17p

Mean cost 31p

Breakdown of customer price
Gas costs.................51%
Transportation..........21%
Supply and Margin....19%
Other.......................09%

Source BOE 3 monthly inflation reports... 'Costs and Prices'

My supplier has been one of the cheapest.
My mean charge over the period above has been 79p a Therm ... £0.027 kWh.

If 31p (even cheaper now) was 51% of the cost to me ... Then the price I pay should be nearer 61p per Therm... Even with the recent price reduction of 12%
79 x 0.88 = 69.5p... The price remains 8.5p a Therm over the odds I reckon.

Checked the 'National Grid' site, average usage in my area, less than 2000 domestic meter points, 818 Therms / annum.
That is about £79 each OTT at 8.5p over the odds, and £158k all told.

http://www.nationalgrid.com/uk/Gas/Data/misc/

:confused:
 
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