David Hansen wrote:
On Fri, 24 Oct 2008 00:35:06 +0100 someone who may be Frank Erskine
wrote this:-

It always seems odd that one's 'supplier' doesn't actually physically
supply the gas/leccy, but just takes money from you...

They put, or arrange someone else to put, gas or electricity into
the system to match your consumption (or rather the consumption of
all their customers). This is done, essentially, on an annual basis


I am not so sure tat it is annual at all.

At some levels, people are spot trading gas and electricity on a minute
by minute basis.


and no-doubt one of the ways they make things balance (in a
book-keeping sense), is to make payments to other suppliers (which
is a way of arranging them to put in).

If you don't like that arrangement then an alternative approach
would be to average costs and charge everyone the same. Good luck in
convincing the politicians that this sort of Socialist approach is a
good idea.


No need for that.

However right now there is a huge difference between spot and cotract
pricings.

Oil has fallen 50% in spot $ terms, in the last 6 months, but the pound
has fallen 25% against the dollar..

If you want stable energy prices, build nuclear power stations.