Gas & Electricity

[NJ Blue]

We all know that unless the government do something we’ll all be paying 52p per kWH for electricity and 15p for gas which will be unaffordable for about half the population. Businesses will be paying even more making the price rises they will be forced to make to their products and services unaffordable to even more cash strapped people.
The government literally have no choice but to do something fairly drastic or we will be in a 30s style depression by the new year with businesses shutting down, mortgage defaults and public services breaking down.

My latest fixed price quote with octopus has the following rates:

Electricity: 71p per kWh/42p per day standing charge.
Gas: 20p per kWh/27p per day standing charge.

Our current rates are:

Electricity: 28p per kWh/42p per day standing charge.
Gas: 7p per kWh/27p per day standing charge.

Our monthly DD is £260 currently and this will go to £573 per month. We were paying £110 per month last year. This is not economically sustainable.

I added more loft insulation a couple of years ago and we have replaced the gas boiler. I run the heating flow temperature at 65 degrees to maximise the efficiency of the condensing boiler. We don’t have the heating on for really long periods, the thermostat is set at 20 degrees and it’s on for about 5 hours a day.

We don’t think it’s unreasonable to have a warm house in this day and age, but £6,886 for 12 months of gas and electricity is just ridiculous.

 

[marco]

We all know that unless the government do something we’ll all be paying 52p per kWH for electricity and 15p for gas which will be unaffordable for about half the population. Businesses will be paying even more making the price rises they will be forced to make to their products and services unaffordable to even more cash strapped people.
The government literally have no choice but to do something fairly drastic or we will be in a 30s style depression by the new year with businesses shutting down, mortgage defaults and public services breaking down.

thats exactly where we are at mate, its just about sustainable as it is now, october will push many over the edge, so i think the deal will be pay what we are doing now and it will be capped or maybe thats wishfull thinking, i'd like to think that the lack of concern from number 10 indicates they have a plan,either that or it indicates they are inept and dont give a shit

 

[BerkshireBlue]

We all know that unless the government do something we’ll all be paying 52p per kWH for electricity and 15p for gas which will be unaffordable for about half the population. Businesses will be paying even more making the price rises they will be forced to make to their products and services unaffordable to even more cash strapped people.
The government literally have no choice but to do something fairly drastic or we will be in a 30s style depression by the new year with businesses shutting down, mortgage defaults and public services breaking down.

incorrect, All electrical providers come up with their own pricing.
I'm currently on less than the market cap with octopus not by much though but it all helps. The point is these people post I'm on £60 a month or whatever could still be on a fixed tariff, nobody knows apart from them so it's impossible to gauge anything from the posts

 

[BerkshireBlue]

My latest fixed price quote with octopus has the following rates:

Electricity: 71p per kWh/42p per day standing charge.
Gas: 20p per kWh/27p per day standing charge.

Our current rates are:

Electricity: 28p per kWh/42p per day standing charge.
Gas: 7p per kWh/27p per day standing charge.

Our monthly DD is £260 currently and this will go to £573 per month. We were paying £110 per month last year. This is not economically sustainable.

I added more loft insulation a couple of years ago and we have replaced the gas boiler. I run the heating flow temperature at 65 degrees to maximise the efficiency of the condensing boiler. We don’t have the heating on for really long periods, the thermostat is set at 20 degrees and it’s on for about 5 hours a day.

We don’t think it’s unreasonable to have a warm house in this day and age, but £6,886 for 12 months of gas and electricity is just ridiculous.

this is the info we need, great post

 

[west didsblue]

incorrect, All electrical providers come up with their own pricing.
I'm currently on less than the market cap with octopus not by much though but it all helps. The point is these people post I'm on £60 a month or whatever could still be on a fixed tariff, nobody knows apart from them so it's impossible to gauge anything from the posts

Whilst all energy suppliers come up with their own pricing I'm willing to bet that without government intervention everyone will be paying within a penny of each other per unit unless they're on a fixed rate.

 

[BerkshireBlue]

Whilst all energy suppliers come up with their own pricing I'm willing to bet that without government intervention everyone will be paying within a penny of each other per unit unless they're on a fixed rate.

They won't be as people pay by direct debit/pre payment meter/ pay by bill all having different rates and standing charges. everyone is different

 

[JOGAMIGMOG]

We need to frack out our own gas. Need a political party to get behind fracking and renewable energy and aim to be fully self-sustainable asap. The object being to then nationalise it in its entirety and supply affordable energy to all at cost rates and not spunk billions out to share holders and overpaid chief executives.

 

[s1ty m]

Aye, utter collusion. Who ever thought privatisation would create a profoundly broken oligopoly with prices rigidly high. Stinks, absolutely stinks. It has overtones of a cartel.

 

[west didsblue]

They won't be as people pay by direct debit/pre payment meter/ pay by bill all having different rates and standing charges. everyone is different

Not by much.
The big differences are if you fix.

 

[SamBlue]

We need to frack out our own gas. Need a political party to get behind fracking and renewable energy and aim to be fully self-sustainable asap. The object being to then nationalise it in its entirety and supply affordable energy to all at cost rates and not spunk billions out to share holders and overpaid chief executives.

And your carbon footprint goes up 10-fold, on top of using more gas instead of less. And thousands of terraced houses got fucked up because of multiple mini-earthquakes. And you need a huge quantity of water supply to do fracking, the very same source that gets scarcer every year. And so many other 'ands', but finally you need somehow to convince a lot of people that black sludge coming out of their kitchen and bath taps is safe to drink and have a bath in. But I am sure Nigel would be able to persuade some it had overall benefits for them.