Nope - no ticket-clipping over here! Our numbers gurus (and they really are!) have spent hours hunched over their calculators working out a price for our customers that most fairly reflects the cost for fixing your generation price for 6-months. In fact, we’ve put a huge effort into ensuring that FIXIE - just like Freestyle - incorporates our ever-important Flick values of honesty, transparency and fairness. So we don’t make any money on the cost of your fixed generation (or your metering, or transmission and distribution!) - as always, we pass on the costs of supply without any mark-up and then charge a transparent Flick Fee and a separate fee to manage FIXIE.
The FIXIE Admin Fee is set at $0.0015 per kWh you use (0.15cents/kWh) and covers the cost of technical outgoings like trades and account handling - it isn’t calculated to make a profit.
And we’ve even given the Flick treatment to FIXIE’s early exit fees, too! We calculated the amount we need to cover our costs for the period of a 6-month contract, which means that as it gets cheaper for us (the further into your FIXIE contract you are), it also gets cheaper for you - we won’t be making any moolah off it.