USEP has been quite high these past few days. Almost the same or higher as regular tariffs after adding in the fees. Today spike again as well. Lucky I reverted to standard tariffs first
Coming from Regulated SP tariffs ~0.2 and Keppel electric @ 0.1798.
My SPWS since Apr:
Apr 21: 97.31/571 = 0.1704
May 21: 100.46/571.12 = 0.1759
June 21: 110/624.73 = 0.1761
July 21: 122.3/631.94 = 0.1935
Aug 21: 138.95/526.79 = 0.2638
Sept 21: 90.94/444.36 = 0.205
Lol today just spike 3000 for 1 half hourly reading.
Gg.
Gencos have unplanned maintainence. High usep print. Then retailers all reprice their contracts at higher price which goes to end user. And then these retailers just hedge on futures or or direct to genco..Then gencos realise they can make more, and then cycle repeats 1 way upppuppp to the moonnnnn
Lol today just spike 3000 for 1 half hourly reading.
Gg.
Gencos have unplanned maintainence. High usep print. Then retailers all reprice their contracts at higher price which goes to end user. And then these retailers just hedge on futures or or direct to genco..Then gencos realise they can make more, and then cycle repeats 1 way upppuppp to the moonnnnn
Lol today just spike 3000 for 1 half hourly reading.
Gg.
Gencos have unplanned maintainence. High usep print. Then retailers all reprice their contracts at higher price which goes to end user. And then these retailers just hedge on futures or or direct to genco..Then gencos realise they can make more, and then cycle repeats 1 way upppuppp to the moonnnnn
Call SPWS to switch back to regular tariffs and then find a OEM to switch to after that.
the switch to regulated tariffs can be effected the next working day. So tmr you call Friday 00:00 hours should be able to be back on regulated tariffs already.
My sept bill not out yet so cannot decide wat is my next move.Think shld be lower than last month as a few here reported lower changes for the SP wholesale.
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