I am Ram Posted September 8, 2022 Share Posted September 8, 2022 Too much profit and bonus for the fatcats I'm afraid, this winter could break the working class. EtoileSportiveDeDerby 1 Link to comment Share on other sites More sharing options...
BaaLocks Posted September 8, 2022 Share Posted September 8, 2022 Oh, and please don't read anything into the fact that the wife of a Shell executive donated £100k to the Liz Truss PM campaign. Totally unrelated. ariotofmyown, Reggie Greenwood and EtoileSportiveDeDerby 3 Link to comment Share on other sites More sharing options...
B4ev6is Posted September 8, 2022 Share Posted September 8, 2022 Hey buddy she capped £2500 But still hell of money to find Link to comment Share on other sites More sharing options...
1of4 Posted September 8, 2022 Share Posted September 8, 2022 1 hour ago, B4ev6is said: Hey buddy she capped £2500 But still hell of money to find Isn't the figure being quoted based on the amount of an average family's usage? So I hope people aren't expecting to pay no more than £2500. Use more energy than an average family then be ready to get a bigger bill to pay for. Crewton 1 Link to comment Share on other sites More sharing options...
RoyMac5 Posted September 8, 2022 Share Posted September 8, 2022 (edited) 3 minutes ago, 1of4 said: Isn't the figure being quoted based on the amount of an average family's usage? So I hope people aren't expecting to pay no more than £2500. Use more energy than an average family then be ready to get a bigger bill to pay for. Is there a price cap figure for kwh/ unit? Doesn’t help talking about average family if you’re not? Edited September 8, 2022 by RoyMac5 Link to comment Share on other sites More sharing options...
uttoxram75 Posted September 8, 2022 Share Posted September 8, 2022 The price cap is for the standing charge (which is out and out theft, the CEO's of the energy companies and the politicians who allow the standing charge should all be in prison) and KWph. Your actual bill will be dependent on how much you use. ariotofmyown, EtoileSportiveDeDerby, Crewton and 1 other 4 Link to comment Share on other sites More sharing options...
Boycie Posted September 9, 2022 Share Posted September 9, 2022 Yep, it’s as we all can’t understand why energy cost increases have increased standing charges and the government are just ignoring it? I don’t even think Labours brought it up have they? Link to comment Share on other sites More sharing options...
TigerTedd Posted September 9, 2022 Share Posted September 9, 2022 It all makes me so angry. This has cost billions. I’ve got my solar panels and my batteries and my electric car. My bills are currently less than £100 a month, even including charging the car. I can say I’m alright Jack, but that doesn’t help the country. I had to go out and use my own initiative to do that. the billions spent on a price cap all just go into the profits of the energy companies. And where do those billions come from? Tax payer money. So we still end up having to pay for the CEOs yacht one way or another. Just this way we’re paying it back over years, and it’s a couple less hospitals that can be built. a price cap is fixing the symptom. It’s an incredibly expensive plaster on a massive wound. It was necessary as a quick fix, but it needs investigating at the source. Why are European countries not facing the same crisis, despite getting more energy from Russia than us? Why are the finalise seeing record profits. There’s something rotten in the industry in this country. If the politicians hadn’t have been pissing about with unimportant things over the past 10 years, those billions could be put to much better use. Solar panels on every roof in the country. Electric cars in every drive. The world leaders in renewable energy technology, exporting our research and innovations. The economy would be boosted, no one would have energy issues, the environment would be better off, and we’d be setting the example for the rest of the world. But it’s all too late now. A price cap is all we can do to solve the immediate issue. Put out this fire, then that fire, and never do anything to invest in the future, to fire proof the place. I’m getting very, very disheartened with this country. I really thought the 21st century would be this great period of enlightenment, but things are just getting worse and worse. Comrade 86, ariotofmyown, Stive Pesley and 2 others 3 2 Link to comment Share on other sites More sharing options...
uttoxram75 Posted September 9, 2022 Share Posted September 9, 2022 15 hours ago, Boycie said: Yep, it’s as we all can’t understand why energy cost increases have increased standing charges and the government are just ignoring it? I don’t even think Labours brought it up have they? Not as far as I can see. That is the whole problem in a nutshell. No opposition. All our major political parties are pretty much aligned on the big issues. A genuine opposition party could make a great case of reducing standing charges, if only we had one.? Boycie 1 Link to comment Share on other sites More sharing options...
EtoileSportiveDeDerby Posted September 9, 2022 Share Posted September 9, 2022 4 minutes ago, uttoxram75 said: Not as far as I can see. That is the whole problem in a nutshell. No opposition. All our major political parties are pretty much aligned on the big issues. A genuine opposition party could make a great case of reducing standing charges, if only we had one.? The other thing I don't get is no other European country were facing price increases like the UK, pre government t intervention. We might still do anyway. We are also told that the price increases are driven by prices set internationally, so should not be vastly different, should it? What I do know is the French government have told EDF and GDF to limit their price increases to 4% as they are nationalised. The retail part of EDF selling electricity in the UK can do as they want. Link to comment Share on other sites More sharing options...
True Ram Posted September 10, 2022 Share Posted September 10, 2022 On 08/09/2022 at 22:32, uttoxram75 said: The price cap is for the standing charge (which is out and out theft, the CEO's of the energy companies and the politicians who allow the standing charge should all be in priso8n) and KWph. Your actual bill will be dependent on how much you use. Very true Why don't we start a government partition on the government website ? Link to comment Share on other sites More sharing options...
Stive Pesley Posted September 29, 2022 Author Share Posted September 29, 2022 Has anyone done the sums on their current bill, last year's bill and next years bill if your supplier increases their prices up to the cap? Based on my average electric and gas usage Last year I paid just under £800 This year I'm on track to pay £1200 If the unit costs go up to the price cap of 10p/kWh gas, 34p/kWh electric - I'm looking at £2600 Good job, they are giving me £400 to "soften" the blow eh? Link to comment Share on other sites More sharing options...
Boycie Posted September 29, 2022 Share Posted September 29, 2022 1 hour ago, Stive Pesley said: Has anyone done the sums on their current bill, last year's bill and next years bill if your supplier increases their prices up to the cap? Based on my average electric and gas usage Last year I paid just under £800 This year I'm on track to pay £1200 If the unit costs go up to the price cap of 10p/kWh gas, 34p/kWh electric - I'm looking at £2600 Good job, they are giving me £400 to "soften" the blow eh? Hold on, Lizzy is saying we will have bills no more than £2500? Yes I know it’s on an average house usage, but she makes it sound like I can have the hot tub on 40 deg all month and pay no more if I hit the cap. It’s all smoke and mirrors. Stive Pesley 1 Link to comment Share on other sites More sharing options...
Stive Pesley Posted September 29, 2022 Author Share Posted September 29, 2022 11 minutes ago, Boycie said: Yes I know it’s on an average house usage, but she makes it sound like I can have the hot tub on 40 deg all month and pay no more if I hit the cap. It’s all smoke and mirrors. It's really confusing that they keep stating that as a figure for the cap. Seen people claiming that they are laughing cos they can charge their Tesla's all day and not pay above the £2500 cap. Boycie 1 Link to comment Share on other sites More sharing options...
Gaspode Posted September 29, 2022 Share Posted September 29, 2022 46 minutes ago, Boycie said: Hold on, Lizzy is saying we will have bills no more than £2500? Yes I know it’s on an average house usage, but she makes it sound like I can have the hot tub on 40 deg all month and pay no more if I hit the cap. It’s all smoke and mirrors. It’s already been debunked - basically she’s too thick to understand her own policy.. Stive Pesley, Wolfie, GboroRam and 1 other 3 1 Link to comment Share on other sites More sharing options...
sonofmidnight Posted September 29, 2022 Share Posted September 29, 2022 Spare a thought for those of us who live in rural Derbyshire and have no gas. We have oil central heating and it is costing nearly £1000 per tank. We usually have 3 deliveries a year. So that's £3000 already and we have the electricity bill on top. No cap on oil prices sheeponacid, Rev, Boycie and 1 other 1 3 Link to comment Share on other sites More sharing options...
Boycie Posted September 29, 2022 Share Posted September 29, 2022 1 hour ago, sonofmidnight said: Spare a thought for those of us who live in rural Derbyshire and have no gas. We have oil central heating and it is costing nearly £1000 per tank. We usually have 3 deliveries a year. So that's £3000 already and we have the electricity bill on top. No cap on oil prices Lizzy would say that you need to work harder unfortunately. I hope costs come down mate. sonofmidnight and Stive Pesley 2 Link to comment Share on other sites More sharing options...
1of4 Posted November 2, 2022 Share Posted November 2, 2022 Looks like wholesale gas prices have dropped dramatically over the last few weeks. I realise the gas companies buy their gas in advance and the high prices have still to hit us. Anyone want to speculate on how fast our bills will go down compared to the speed of them going up? Link to comment Share on other sites More sharing options...
Boycie Posted November 2, 2022 Share Posted November 2, 2022 8 hours ago, 1of4 said: Looks like wholesale gas prices have dropped dramatically over the last few weeks. I realise the gas companies buy their gas in advance and the high prices have still to hit us. Anyone want to speculate on how fast our bills will go down compared to the speed of them going up? ?⬆️ ?⬇️ QuitYourJibbaJivin, Stive Pesley and Reggie Greenwood 1 1 1 Link to comment Share on other sites More sharing options...
Stive Pesley Posted November 17, 2022 Author Share Posted November 17, 2022 Here's an interesting chart of the wholesale gas prices. The middle peak is roughly where the war in Ukraine starts and the gas market starts to panic It then drops off over summer as demand is much lower when it's warm, but slowly starts to ramp up again as we head into the winter But look what has happened over the past couple of months. The price has fallen back down to the lows that they said wouldn't happen. So what's going on? The theory is that it's a combination of 3 things 1) Countries in their panic have been stockpiling gas supplies 2) Inflation and recession have slowed the economy, meaning less demand for energy 3) Add to that a pretty mild autumn so far has also led to lower consumer demand and therefore the suppliers have an overstock of gas These basic supply and demand principles have therefore driven the price down So will we see cheaper bills? Don't bank on it Link to comment Share on other sites More sharing options...
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