Product Info
- ID
- prod-001
- Fuel type
- electricity
- Market(s)
- Great Britain (GB)
- Version
- v2
- Effective from
- 01 Apr 2024
- Created
- 15 Jan 2024
- Updated
- 20 Mar 2024
Simple single-rate electricity tariff for residential customers.
Pricing Structure
Standing charge: 61.64p/day
Unit Rate24.50p/kWh
VAT: 5%GBP
Levies
Renewables Obligation1.96p/kWh
Feed-in Tariff (FIT)0.18p/kWh
Eligibility Rules
- Available to Residential and SME customers only
- Not available for half-hourly meter sites
Market Configuration
GBGreat Britain
- Currency
- GBP
- VAT rate
- 5%
- Regulatory scheme
- Ofgem
Office of Gas and Electricity Markets — Great Britain's energy regulator
Products are market-configured, not market-hardcoded. Pricing logic, currency formatting, and VAT calculation adapt to the market config — no bespoke development required per market.
Version History
Pricing changes create a new version with a new effective date. Quotes preserve the pricing snapshot at the time of issuance — rate changes never affect already-issued quotes.