Gas & Electricity

[ZebraVicar]

Stop direct debit and set up a standing order for what you can afford.

 

[Homar]

Most people in this country support the Ukraine war. They should expect to make sacrifices for this...those sacrifices are coming

You can make most people support anything with persistent propaganda. The only question is at what point the price paid by ordinary people becomes more persuasive.

In any case, the sanctions on Russian oil and gas are only hurting Europe. It has been an absolutely disastrous policy. Many countries continue to buy Russian oil/gas and Russian export revenues are reportedly up 38% for the year.

The crisis could be solved tomorrow by the US choosing to lift oil/gas sanctions on Russia, Venezuela and Iran. The latter may happen within the next few weeks, but it won’t nearly be sufficient by itself.

 

[Blue Maverick]

You can make most people support anything with persistent propaganda. The only question is at what point the price paid by ordinary people becomes more persuasive.

In any case, the sanctions on Russian oil and gas are only hurting Europe. It has been an absolutely disastrous policy. Many countries continue to buy Russian oil/gas and Russian export revenues are reportedly up 38% for the year.

The crisis could be solved tomorrow by the US choosing to lift oil/gas sanctions on Russia, Venezuela and Iran. The latter may happen within the next few weeks, but it won’t nearly be sufficient by itself.

If they do that then Ukraine will be pissed, it’s an awful choice now, but I dont think their is we keep up the pressure on the Russia, we need to invest in nuclear and become self sufficient as much as we can in the next 50 years, I won’t be here to see it but it might give my daughter a fighting chance.

 

[shemnel]

bit unsure on my renewal;

being offered various fixed price deals, which are generally (but not all):
Elec: 66p unit & 51p SC ; Gas: 20p unit and 28p SC

however there is a variable rate available for 1 year with;
Elec: 28p unit & 42p SC ; Gas: 7p unit and 27p SC

which is ~40% of the fixed deals, per month. Is this because the variables are likely to totally shaft me come 2023?

 

[Blue Maverick]

bit unsure on my renewal;

being offered various fixed price deals, which are generally (but not all):
Elec: 66p unit & 51p SC ; Gas: 20p unit and 28p SC

however there is a variable rate available for 1 year with;
Elec: 28p unit & 42p SC ; Gas: 7p unit and 27p SC

which is ~40% of the fixed deals, per month. Is this because the variables are likely to totally shaft me come 2023?

No it’s because the variable could sky rocket on Friday so could be a lot worse than the fixed you are been offered, however then it might not be if they say don’t increase the standing charges (which they fucking shouldn’t in my opinion) it will be interesting to see if all those who have fixed recently get shafted if they freeze the price cap now, there could be loads tied in at shit prices for two years.

 

[shemnel]

No it’s because the variable could sky rocket on Friday so could be a lot worse than the fixed you are been offered, however then it might not be if they say don’t increase the standing charges (which they fucking shouldn’t in my opinion) it will be interesting to see if all those who have fixed recently get shafted if they freeze the price cap now, there could be loads tied in at shit prices for two years.

this was my thought, fixing at a high price for 2 years bcos it might get higher in 2023 might turn out to be a very expensive choice, but then again the variable might go bananas....

 

[RobMCFC]

bit unsure on my renewal;

being offered various fixed price deals, which are generally (but not all):
Elec: 66p unit & 51p SC ; Gas: 20p unit and 28p SC

however there is a variable rate available for 1 year with;
Elec: 28p unit & 42p SC ; Gas: 7p unit and 27p SC

which is ~40% of the fixed deals, per month. Is this because the variables are likely to totally shaft me come 2023?

When you think about it, the standing charges are almost irrelevant next to the unit rates, but that offer of Elec 66p / Gas 20p looks eye-wateringly high.

Current capped prices per kWh (according to Money Saving Expert) are:-

Gas = 7.37p
Elect = 28.34p

Obviously those will almost double on Friday.

 

[Lee1983]

Just ordered a wood burning stove (5kw), for our main room, I hope to take the sting out of the rise in the winter.

 

[shemnel]

When you think about it, the standing charges are almost irrelevant next to the unit rates, but that offer of Elec 66p / Gas 20p looks eye-wateringly high.

Current capped prices per kWh (according to Money Saving Expert) are:-

Gas = 7.37p
Elect = 28.34p

Obviously those will almost double on Friday.

yes, waiting to friday will make things a tad clearer

 

[Scottyboi]

You can make most people support anything with persistent propaganda. The only question is at what point the price paid by ordinary people becomes more persuasive.

In any case, the sanctions on Russian oil and gas are only hurting Europe. It has been an absolutely disastrous policy. Many countries continue to buy Russian oil/gas and Russian export revenues are reportedly up 38% for the year.

The crisis could be solved tomorrow by the US choosing to lift oil/gas sanctions on Russia, Venezuela and Iran. The latter may happen within the next few weeks, but it won’t nearly be sufficient by itself.

Fuck Russia and anyone who thinks we should be buying their oil and gas.

 

[Blue Maverick]

When you think about it, the standing charges are almost irrelevant next to the unit rates, but that offer of Elec 66p / Gas 20p looks eye-wateringly high.

Current capped prices per kWh (according to Money Saving Expert) are:-

Gas = 7.37p
Elect = 28.34p

Obviously those will almost double on Friday.

Those are cheap I saw someone on here with Octopus at 71p!

 

[RobMCFC]

Those are cheap I saw someone on here with Octopus at 71p!

I wrongly assumed that the price cap was just that: a fixed amount per unit.

But even the Money Saving Expert site says that these are just averages and that there are regional variations, so I don't know how they work it all out.

 

[M18CTID]

No it’s because the variable could sky rocket on Friday so could be a lot worse than the fixed you are been offered, however then it might not be if they say don’t increase the standing charges (which they fucking shouldn’t in my opinion) it will be interesting to see if all those who have fixed recently get shafted if they freeze the price cap now, there could be loads tied in at shit prices for two years.

This is a good point. I hope they do freeze the price cap for everyone's sake but if they do then anyone who is on a fixed rate paying more than the cap needs to be looked after too.

 

[RobMCFC]

This is a good point. I hope they do freeze the price cap for everyone's sake but if they do then anyone who is on a fixed rate paying more than the cap needs to be looked after too.

Are you expecting a cold day in hell?

I'd be surprised if they froze the price cap at it's current rate.

 

[M18CTID]

Are you expecting a cold day in hell?

I'd be surprised if they froze the price cap at it's current rate.

I'd be amazed too. With the current lame duck government doing fuck all about it, I'm sure it will be full steam ahead for the October price cap announcement on Friday. However, once a new PM is installed then the number one priority in their in tray will be to sort this shit out whether they want to or not. So we may see a reversal of that price cap announcement. The energy companies appear to be pushing for this government-backed loan scheme idea that allows the price cap to be frozen for a couple of years and the cost of that to be repaid through taxation for many years to come. I can't think why they would want this, apart from the fact that they (the energy companies) know that if significant help isn't forthcoming then millions of people will only be paying what they can afford as opposed to what they owe, and the energy companies are absolutely bricking it as a result!

 

[west didsblue]

My prediction for what it's worth is that due to government intervention the price cap will only be allowed to go up 50 - 60%, and they will make the judgement that everyone will breathe a sigh of relief that it hasn't doubled, even though gas at around 12p per kWh and electricity at 45p per unit will be all time highs that are totally unaffordable for most people. Until then the scare stories about prices more than doubling will come thick and fast.

 

[Kevinblue10]

Gas rationing in Germany likely in next 6 to 8 weeks

 

[kaz7]

EDF boss crying about the cost of gas due to the war , encouraging the gov to do something as they suspect a lot of people wont be able to pay their bills , i am with them , sort out you greedy wankers

 

[Mazzarelli's Swiss Cheese]

I notice Boris is calling for households across Europe to endure the energy crisis to support the Ukraine. By endure I take it he means pay for? Again he's calling for households ie Joe public to endure rather than the energy companies to dig into their profit margin.

 

[Alan Harper's Tash]

I notice Boris is calling for households across Europe to endure the energy crisis to support the Ukraine. By endure I take it he means pay for? Again he's calling for households ie Joe public to endure rather than the energy companies to dig into their profit margin.

Easier with a 4% rise than 200%.