I asked you a simple question and you didn't answer and fired one back. A sure sign your argument is in the toilet. I'm sure you know a lot of gas is priced for future delivery so while you may not have a shortage now demand in the future for a limited resource is unprecedented.
Don't Pay UK
- Thread starter dowie
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Soldato
- Joined
- 23 May 2006
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I admit it is a bit before my time (I was alive but not a tax payer and hence had no interest)
back in the day when people refused to pay their poll tax** did they ever get pulled up on it, or was the money just written off (a bit like all the fraudulent covid grants and what not)
because if basically people got aaway without paying due to high numbers then i suppose you can see where these people planning not to pay their energy bills get their logic from.
**note not giving an opinion either way on the rights and wrongs of not paying their poll tax
back in the day when people refused to pay their poll tax** did they ever get pulled up on it, or was the money just written off (a bit like all the fraudulent covid grants and what not)
because if basically people got aaway without paying due to high numbers then i suppose you can see where these people planning not to pay their energy bills get their logic from.
**note not giving an opinion either way on the rights and wrongs of not paying their poll tax
Just lots of emotional arguments re: paying too much etc.. with little thought to reality or how they're going to get a big discount etc.
It's like the bloke in Nottingham who seemingly refused to shift to a repayment mortgage, carried on paying interest only and then declared that the bank had been paid "enough" and got caught up in a load of freeman of the land nonsense... of course some people rallied around him, how dare the evil banks repossess his home, he's paid "enough" then reality sunk in, it turned out that not repaying all the capital -> your home gets repossessed + presumably a load of additional court costs, charges for bailiffs and the home being sold at auction for presumably a sub-optimal price too.
The guy that could have perhaps made repayments years earlier or indeed rectified his situation by selling the home and using the equity he did have to downsize has ended up with far far less.
I'd be concerned that this campaign could backfire in similar ways for people who don't pay their bills, it's one thing to put the money aside and cancel the direct debit then pay late as some sort of ineffectual protest it's another thing to not pay, let the outstanding bill pile up and then trash your credit rating, end up with bailiffs and/or a pre-payment meter installed etc... this also screws them over in future as they're no longer trusted by creditors... your bills can act as a line of credit in the short term, having access to credit cards and using them sensibly is another useful tool, especially with the availability of transfers, interest-free periods for a couple of years etc. people actively not paying will sabotage access to that and if they end up with a pre-payment meter then they won't have any option but to pay up front.
Soldato
lol i remember that nut job
To get away from all this talk about profits and cartels and the such, I wondered what will actually happen to those that can pay but won't pay. After all, principles are like prayers - noble, but awkward at a party.
Firstly you'll be contacted to set out a reasonable repayment plan. Fail to do this and your details may be sent to a debt collection agency. If still no payment they could seek a warrant to install a prepayment meter or if you have smart meter it could be remotely switched to prepayment mode. M'kay.
According to Experian, your credit rating will only be affected if you miss enough payments that your debt is sent to a collection agency or charges off your account, assuming you're not going to pay it. It'll stay on your record for up to 7 years. So bear that in mind if you are thinking of getting a loan or mortgage in the near to medium term.
You've got to remember that you are going to have to pay it some time, it's not ever going to be written off. The opposite actually, charges will be added and the problem will compound itself.
Firstly you'll be contacted to set out a reasonable repayment plan. Fail to do this and your details may be sent to a debt collection agency. If still no payment they could seek a warrant to install a prepayment meter or if you have smart meter it could be remotely switched to prepayment mode. M'kay.
According to Experian, your credit rating will only be affected if you miss enough payments that your debt is sent to a collection agency or charges off your account, assuming you're not going to pay it. It'll stay on your record for up to 7 years. So bear that in mind if you are thinking of getting a loan or mortgage in the near to medium term.
You've got to remember that you are going to have to pay it some time, it's not ever going to be written off. The opposite actually, charges will be added and the problem will compound itself.
Permabanned
What became of the UK's gasometers? There were several in Stockport, most big towns had them. I haven't seen one in years, do we not store gas in low pressure bulk any more?
Yes europe does hence the is a local of supply of a global commodity and ergo higher prices
Soldato
Really?
Spain:
Thousands protest over soaring prices across Spain
Thousands of demonstrators hit the streets across Spain on Saturday in protest at the soaring cost of food, light and fuel, which have been exacerbated by Russia's invasion of Ukraine.
www.france24.com
Protest blockades over fuel prices in France today: what to expect
HGV, taxi, coach and construction industry drivers are taking part in areas of the south-east, east, north and west
Italy: https://www.bloomberg.com/news/arti...s-strike-over-fuel-costs-threatening-supplies
Soldato
This, if it happens, which in the UK is pretty much a no, would probably only result in redundancies in the lowest ranks to recuperate any money lost of that day/s.
Like the bbc show...POINTLESS
Like the bbc show...POINTLESS
Soldato
The Rise and Fall of the Gasometer
Gasometers, or gas holders, form an iconic part of mass manufacturing history. Now standing as symbols of a bygone age, we explore their rise and fall.
www.utilityteam.co.uk
We only have about 4 winter days of storage, they are bringing rough storage back in the North sea which gives us an extra 9 days iirc. 'Just in time' energy supply what could possibly go wrong?
Commissario
Most were decommissioned as from memory they were relatively low capacity and mainly meant to maintain local pressure rather than long term storage, I think many of them were stood empty for years/decades.
The fact they were also a fairly major explosion hazard, heavily contaminated by various chemicals and getting hard to maintain and very costly (or impossible with modern safety regs) to replace where they were may also have paid a part in them disappearing.
Basically they weren't needed for the modern gas network, and were an active safety hazard in/near residential areas.
Permabanned
But they can get it if they pay up. A bit like ransomware.
So that’s not a lack that’s a we’ve got something you need and we are going to milk you for it.
Permabanned
Hold on you’ve just said it exists but because of xyz it’s perfectly acceptable that ordinary people can rinsed to line pockets.
Soldato
'Around 55% of the UK’s gas comes from its North Sea fields and around 38% comes from Norway.' - https://www.ofgem.gov.uk/cy/news-and-views/blog/what-drives-british-wholesale-gas-prices
I can't find exactly what percentage of the North Sea BP operates (https://en.wikipedia.org/wiki/List_of_oil_and_gas_fields_of_the_North_Sea) but BP is ultimately responsible at some level for wholesale prices of gas. Electricity prices are linked to gas (https://www.goodenergy.co.uk/why-do...rive-electricity-prices-including-renewables/) so yes, to see such a huge BP profit is pretty disgusting.
And yes I appreciate BP does more than just operate oil and gas fields but the point is still valid.
I can't find exactly what percentage of the North Sea BP operates (https://en.wikipedia.org/wiki/List_of_oil_and_gas_fields_of_the_North_Sea) but BP is ultimately responsible at some level for wholesale prices of gas. Electricity prices are linked to gas (https://www.goodenergy.co.uk/why-do...rive-electricity-prices-including-renewables/) so yes, to see such a huge BP profit is pretty disgusting.
And yes I appreciate BP does more than just operate oil and gas fields but the point is still valid.
Soldato
Soon to be illegal so we really should enjoy it while we can! I think this winter we could see significant protests in UK cities the cost of heating a home is going to hit the working poor really hard and We will see huge numbers of people not being able to pay the bills. I think they have reached the point where there are no other option the news could make pretty grim reading for a first world country. Not sure why we ever allowed an economy built on wages so low they needed to be topped up by the state even in the good times…
Soldato
This is my point, the whole the market sets the price nonsense isn’t true the sellers set the price and the market sucks it up BP could choose to give it away but they of course choose record profits!
Permabanned
Never mind inflation is predicated to reach 15% due to soaring gas prices. Still if your poor wrap up warm and stop being an underachiever. But make sure you pay your gas bill you criminal.