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Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Caporegime
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- 7 Apr 2008
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- 25,911
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- Lorville - Hurston
Still fraud
Ok let’s put it another way. You will only face repercussions if you get caught, or if you are an MP the repercussion is an apology
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Give them time to deal with it, it’s literally been a few days since that kind of detail was decided and they’ll be customers in all different tariffs that are impacted.
Its highly probable that they have to implement software changes to keep up with all of this government intervention. It’s even more difficult if you rely on third party providers for that software.
They're having some issues getting the new pricing loaded into their system so no EPG prices are showing at the moment and no comms have been sent. It's top priority at the moment and ill slap a post in here once their is an update
Sky news:
'The government has set out its plans to support companies on energy costs.
It said that a "supported wholesale price" was being set at £211 per MWh of electricity, and £75 per MWh for gas.
The government says this is equivalent to less than half the anticipated wholesale price expected this winter.
The announcement says: "This is equivalent to the wholesale element of the Energy Price Guarantee for households. It includes the removal of green levies paid by non-domestic customers who receive support under the scheme."
The scheme will apply to "all non-domestic customers" - including "all UK businesses, the voluntary sector like charities and the public sector such as schools and hospitals".
Prime Minister Truss said: "I understand the huge pressure businesses, charities and public sector organisations are facing with their energy bills, which is why we are taking immediate action to support them over the winter and protect jobs and livelihoods.
"As we are doing for consumers, our new scheme will keep their energy bills down from October, providing certainty and peace of mind.
"At the same time, we are boosting Britain's homegrown energy supply so we fix the root cause of the issues we are facing and ensure greater energy security for us all."
https://news.sky.com/story/liz-trus...johnson-12593360?postid=4504638#liveblog-body
'The government has set out its plans to support companies on energy costs.
It said that a "supported wholesale price" was being set at £211 per MWh of electricity, and £75 per MWh for gas.
The government says this is equivalent to less than half the anticipated wholesale price expected this winter.
The announcement says: "This is equivalent to the wholesale element of the Energy Price Guarantee for households. It includes the removal of green levies paid by non-domestic customers who receive support under the scheme."
The scheme will apply to "all non-domestic customers" - including "all UK businesses, the voluntary sector like charities and the public sector such as schools and hospitals".
Prime Minister Truss said: "I understand the huge pressure businesses, charities and public sector organisations are facing with their energy bills, which is why we are taking immediate action to support them over the winter and protect jobs and livelihoods.
"As we are doing for consumers, our new scheme will keep their energy bills down from October, providing certainty and peace of mind.
"At the same time, we are boosting Britain's homegrown energy supply so we fix the root cause of the issues we are facing and ensure greater energy security for us all."
https://news.sky.com/story/liz-trus...johnson-12593360?postid=4504638#liveblog-body
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So they've set the business rate for electricity at 21p per kwh? like 15p lower than the household rate?
They REALLY don't like people working from home.How can they justify it being less than the domestic rates
Obviously needed fixing for businesses too but this is weird.
£600?
Gas prices seem to be falling like a stone. would it be possible for the Ofgem price cap to go under the government price cap? And if so would they honor it?
You do know business' have been paying 3-4 times the prices you pay for maybe a year + now so a 6 month reduction at cheaper rates isnt as great as you thinkHow can they justify it being less than the domestic rates
Obviously needed fixing for businesses too but this is weird.
Ten years of inflation, compounded, will make a dent in the borrowings.
The government cap is currently for three months. If the ofgem cap warrants it, it will again replace the government cap.
Yes, the government cap is a cap, if it goes below the cap, that’s what you pay.
Yeah but 25% of our debt is inflation linked. We paid £8.2billion in interest in August.