Gas & Electricity

Don't forget to turn the power off before the Copenhagen away if your going . The £100 saved will buy about eight pints . I am going off the 2012 prices , so maybe six pints .
 
simon23 said:
4% of our energy comes from Russia

We make so much electricity in Cornwall alone through wind farms that we have to push it around the rest of the grid. The government could have taken action months ago and didnt...why have they waited til now...?

Are you realy confident with Truss and Rishi will come out and help (on a long term basis) the average person? I hope you are right but I aint convinced that just like the last incumbants they aint just in it for themselves.
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Yes 4% from Russia. But that makes no difference to price we are paying. And yes I'm confident that we will get a package to help out. I sense a left leaning post above.
 
Octavian said:
They are all suffering the same.

What do you think is happening in the likes of Germany right now?

I’ve just been abroad and inflation and petrol was ridiculous.

€9 for mayonnaise haha!
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They are, but as we only import 3% of our gas from Russia, why are they using that as an excuse for the exponential price increases here? As Germany take a large percentage of their gas from Russia you could understand the price hikes there as they have to find alternative suppliers, but it doesn't explain why we're having to pay extortionate rates.
 
Octavian said:
They are all suffering the same.

What do you think is happening in the likes of Germany right now?

I’ve just been abroad and inflation and petrol was ridiculous.

€9 for mayonnaise haha!
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Depends where you go.
Three weeks ago I was paying £1.54 a litre for diesel in France when it was £2 here.
 
I am in Germany now and nobody has mentioned any possible dramas. They don't seem too bothered. Beer and kebabs are reasonably priced. I was a little shocked at mcr airport when a doombar was £7.30 . But all airports are expensive.
 
Betterdeedthan red said:
This is my take on this.
I'm 46 years old I've left school with no gcsesi was classed as thick because I'm dyslexic.
Which I didn't know till I went to college to do joinery.
Anyway I'm from a working class family .
I now have a really gòd job or I think it is as a site manager..and I think I even really good money.
Probably about a60k a year.
My misses earns about 25k a year so in total 85k.
Some people might think that's a lot some might think that's fuck all.
My point is I earn that we don't go mad we have a 3 bed semi etc etc.
But if these bills keep going up we are going to start to feel it.
Why is all the help for people on low income or people on the dole.
I've nothing against anyone who needs help and is genuinely out of work.
But I feel like I'm in the middle of don't need help cos I earn good money and oh fuck him.
I've work really hard to be where I am today but this is getting stupid 3k a year for gas nd electric and its only going to go up.
Will it ever go down again.
I bet not.
Night blues ctid
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You think you're "in the middle". Well I'm 63, self employed running an small online retail website as I haven't been able to work for many years due to severe back problems. As such, I probably barely earn minimum wage every week and now, because of the "financial crisis", my bills are going up and my income dropping substantially because people don't have the money to spend any more.

My wife is 67, has arthritis and fibromyalgia and should have retired by now but has decided to stay on a bit longer with everything going up again. She earns a little more than me as a nurse looking after autistic, but it means starting early, or finishing late, often weekends and sometimes on overnight shifts. Through no fault of our own we rent our home and have done for over 20 years, as we've never had enough to pay rent AND save for our own place. We don't get any benefits and manage perfectly fine but where we'll be when she decides/has to retire I have no idea.

So we're not in the struggling, desperate bracket and I'm not complaining at all - in fact I actually don't think £3k a year or £58 a week) is all that bad in the greater scheme of things, but undoubtedly we're going to have problems going forwards unless it miraculously drops back to what it all used to cost, and we all know that's not going to happen.

For me, I think something needs to be done to stop the greedy companies at the top from raking it in for an essential service while people are struggling. Handouts are not the answer, bringing prices down makes more sense. BP TRIPLED their profit to £6.9 BILLION last year, so something's not right. They need to be called out on the excuses they're making for increasing prices so much, instead of concentrating on how people are going to pay it, tell us why it's so high in the first place - the truth - and hit them with windfall taxes or whatever. I thought the point of the price cap was supposed to prevent all this?
 
coolcity said:
They are, but as we only import 3% of our gas from Russia, why are they using that as an excuse for the exponential price increases here? As Germany take a large percentage of their gas from Russia you could understand the price hikes there as they have to find alternative suppliers, but it doesn't explain why we're having to pay extortionate rates.
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Simple economics. Demand outstrips supply hence price goes up. Do you think Norway will sell its gas to us at below the market rate? No so because of the war price is up.
 
MCFC_ Phil said:
Simple economics. Demand outstrips supply hence price goes up. Do you think Norway will sell its gas to us at below the market rate? No so because of the war price is up.
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Of course, but we were told we wouldn't be affected much when the invasion and the worry over gas supplies first began. So what changed? Overall we should still be far less dependent than most other countries.
 
NJ Blue said:
There’s something that puzzles me about electricity prices. My electricity supplier provides electricity from 100% renewable sources; they tell me every time I login to look at bills or give a meter reading. If that’s the case, why am I paying the rate for electricity that is tied to the cost of producing electricity from non renewables? We have had levies placed on our bills for years to pay for renewables and now we’ve got them, why are we still paying a price that is tied to non renewable sources?
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This "renewables" thing is just another scam in my opinion. They asked us to switch, using the "save the planet" excuse, but it was more expensive - just like everything else that's supposedly better for us. Funny that, isn't it?
 
Are we looking a some kind of 'energy mortgage' whereby we owe the energy suppliers the money spread over several years? Probably with interest....
 
pride in battle said:
Mate nobody is going to feel sorry for a family earning 85 grand a year, are you taking the piss ???
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I see this a lot. This is the group of people that tend to think they're badly off and just about coping. Let's be honest, £3k a year energy bill out of an £85k a year pot really isn't going to break the bank is it? Even if it doubles it's not that big a deal.
 
coolcity said:
I see this a lot. This is the group of people that tend to think they're badly off and just about coping. Let's be honest, £3k a year energy bill out of an £85k a year pot really isn't going to break the bank is it? Even if it doubles it's not that big a deal.
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If their disposable income is minimal, then they may have to reassess which things they have on hire purchase and cut their cloth accordingly.

That goes for all household incomes over a certain amount.
 
blueinsa said:
It’s because the whole charade is fixed. Linked to wholesale gas prices regardless so they can charge more and make more profits and OFGEM sit in silence whilst they do it!
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And the Chief Exec earns £300k a year, plus 15 grand bonuses - for what? The point of the price cap was, well, to cap prices, not give the energy companies a licence to print money.
 
Alan Harper's Tash said:
If their disposable income is minimal, then they may have to reassess which things they have on hire purchase and cut their cloth accordingly.

That goes for all household incomes over a certain amount.
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Absolutely, but that's the point isn't it? If they have an income of £85k a year then that should be sufficient to live well enough for most people. If not, they're spending too much. That's not the same as a couple on minimum wage, or the millions who can't afford to buy a house and are tied into renting - in line with everything else, our landlord has just told us the rent is going up.
 
coolcity said:
Absolutely, but that's the point isn't it? If they have an income of £85k a year then that should be sufficient to live well enough for most people. If not, they're spending too much. That's not the same as a couple on minimum wage, or the millions who can't afford to buy a house and are tied into renting - in line with everything else, our landlord has just told us the rent is going up.
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Sure. The squeeze has come on pretty quickly though.

If they had a 10% sluice fund, that’s disappeared with inflation already.
 
coolcity said:
Absolutely, but that's the point isn't it? If they have an income of £85k a year then that should be sufficient to live well enough for most people. If not, they're spending too much. That's not the same as a couple on minimum wage, or the millions who can't afford to buy a house and are tied into renting - in line with everything else, our landlord has just told us the rent is going up.
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This 85k story is a piss take. Don't waste your time even considering the crap . If anyone can not live on 85k they need locking up .
 
simon23 said:
We get less than 4% of our energy from Russia/Ukraine

Other countries in Europe have done lots to stop the price rises - why are we different - why has our government not done the same

I get your point about Covid and agree but that was there extremely poor decisions and again why arent other European countries suffering the same?
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Totally agree with this, although the situation is also bad in some EU countries. But the government specifically stated at the very start of this that we need not worry because we import less than 4% of our gas from Russia, and we still produce around 40% of our own via the North Sea fields - most countries don't have any, so why are we affected so badly?

On top of that, BP tripled their UK profits to £6.9 billion last year; Sheel made even more. No doubt they will be far higher this year, so all this stuff about what it's costing them is complete bollox. If the energy supply companies are struggling so badly that they have to up prices so much, how are they still making so much profit?
 
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