Why has the cost of a price cap increased?
In the past, there was much less volatility in the oil markets and the cost of a price cap program was quite low. That’s why we offered it to our customers at no cost. Now that the energy markets have become so unpredictable and the likelihood of falling prices has become so much greater, the cost of price cap “insurance” has become much greater. It’s similar to flood insurance. If you live in a flood-prone area, your insurance premiums are a lot more than if you lived on high ground far from rivers and streams. Right now, we live in a time with a very volatile energy market.
Related Questions
- How do I know that the Developers and Agents have not increased the asking price to cover the cost of the Inspection Flight rebate?
- Is the price of the certification exam(s) included in the cost of the Online CPS/CAP Review Course?
- Is the price of the certification exam(s) included in the cost of the Online CAP Review Course?
