Use something other than oil for lubrication though...
Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Use something other than oil for lubrication though...
Soldato
Yes, but nobody realised they meant the 1820's.
Soldato
I ordered 1000l of heating oil on Saturday - I'd been hoping things would calm down over in Ukraine but decided on Saturday it wasn't getting better, so got my order in before prices went up further (which seems like a decent call now).
I only have six years of price data as that's when we moved to our current house and went from gas to oil
I only have six years of price data as that's when we moved to our current house and went from gas to oil
Associate
Our economic model is built on kicking the can down the road as many times as possible by flooding the markets with cheap debt and hoping that the numbers just keep going up, which will delay recessions but make them more painful when they hit. I would argue that we never really recovered from the credit crunch, given that government debt took off in the aftermath and hasn't looked back since.
I've gave up moaning about loose monetary policy years ago though. No one wants to hear about it until their own wallet suffers. It's also one of the big reasons why I stopped voting years ago - truly important issues like that are off the table.
/rant
Ahhh, lets hit this one on the head, it's got nothing to so with Brexit and everything to do with generations of idiot NIMBY's not wanting anything related to do with electricity generation on their doorstep, whether its renewable as windmill farms, nuclear power stations or fracking. Now this is where we are because we have to rely on Russian gas
Our gas imports from Russia are ~ 3%. However the UK generated natural gas is sold to the UK at global market rates (because Privatisation / Capitalism, yay!)
The UK dosent rely on Russian gas.
Quoting this again, any more chat about the B word and you'll have a holiday (probably to Ukraine)
The 1970's were far worse, but people weren't so needy then.
Lol, that that cannot be named.
Cost of wood and smokeless fuel is going up too.
Soldato
Consumerism is going to take a nosedive, and it'll back to the glory days of trying to keep a roof over your head and food on the table for a lot of people.
Soldato
Not directly, but the LNG we import can very easily be diverted to Germany or elsewhere if they offer a higher price. Our supply isn't secure.
Far and away, our direct generation of natural gas is much higher than we import:
https://www.bbc.co.uk/news/business-58637094
But it's sold to us at global market rates.
Soldato
- Joined
- 29 Jul 2004
- Posts
- 7,110
My direct debit is increasing from 140 to 270, joy!
This might actually be the breaking point of the country, either that or more people will just rig their meters.
My standing charge is doubling for electric, how is that justified?
This might actually be the breaking point of the country, either that or more people will just rig their meters.
My standing charge is doubling for electric, how is that justified?
Soldato
Quite but apparently we were so much better off then.
Soldato
We didn't have a car to run. Or central heating either.
Depends. If you are like me and a big ash tree falls down every couple of years, in 22 years I am yet to buy any firewood for our multi fuel stove
On top of the £700 oil bill- I have also forked out at least £500 on logs over this last year and that is just for a small log burner -Some of that though is stored to dry for next winter if we are all here then.
At my old house I had a Clearview 700 and put a boiler in that -It did use a lot of logs with only 5 rads -There was also the oil boiler running at least 8 more rads - In those days I was being give wood - I also remember paying £70 for 4 ton tipper load from the new bridge they built at Ironbridge (replaced old bridge)
The trouble is inflation has gone way above the average persons income and it's hitting hard- It's not as though it's gone up slowly.
At my old house I had a Clearview 700 and put a boiler in that -It did use a lot of logs with only 5 rads -There was also the oil boiler running at least 8 more rads - In those days I was being give wood - I also remember paying £70 for 4 ton tipper load from the new bridge they built at Ironbridge (replaced old bridge)
The trouble is inflation has gone way above the average persons income and it's hitting hard- It's not as though it's gone up slowly.
Man of Honour
I've just let it roll over to the SVT which will be cheaper than any fixed deal out there. In fact I went to see what others offered and they even suggested "we don't advise you switch to us - you're better off on your current supplier's SVT". I checked with an industry expert who concurred, for now it's the best bet. Otherwise it's over £300 per month for dual fuel.
