The Cap and the Curve
The Cap and the Curve. An energy supplier in Cardiff in September 2021. Ninety thousand customers won on the cheapest fixed tariff in the market, hedged eight…
Bought short. Selling under a cap.
An energy supplier in Cardiff in September 2021. Ninety thousand customers won on the cheapest fixed tariff in the market, hedged eight months forward, and wholesale gas has just gone up fourfold. The cap says what you may charge and the market says what you must pay.
- Starts
- September 2021
- Length
- a year
- Difficulty
- Impossible
- Scored on
- Still trading at the end
- Business
- Energy Supplier
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