You know very well my post is in English, stop trying to look smart. You are not as clever as you think.
Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Energy sellers need to be under some form of global regulation really but how do you do that? Currently we have organisations like OPEC restricting supply to keep prices high rather than giving any thought to the problems they cause. Western countries could threaten to stop paying such high prices but its an empty threat as without oil/gas our economy grinds to a halt.
Hopefully this will really accelerate energy production from alternative sources but it takes time.
France this, France that. That’s all I ever see on Social Media
Problem is they have fixed energy because they own EDF who supplies most of their energy through Nuclear power.
They are loosing billions this year (approx €50bn) and it can’t be sustained.
Come back in a couple of years when France taxes are increased to cover their energy crisis.
It's going to be interesting to see what happens at the other parts of these firms, trading units of companies like this will have had bumper profits unconnected with the retail side of things but politically, especially when state-owned, then paying people a bonus in proportion to the p&l attributed to them/their desk could be a political nightmare in this sort of climate.
30-something Trader at XYZ earns £XX million bonus while energy prices carry on rising, or even better 30-something Trader at XYZ paid £X million bonus takes XYZ to court, claims he's owed £XX million.
Soldato
It genuinely doesn't make sense. Go read it back or edit it so it does?
Associate
Greek gov has just announced the domestic electricity rates here in Greece from the end of September - .... 0.70 to 0.80 euros per kwh. That equates to about 63p to 73p per kwh in the UK...
Ouch.
for reference, the average monthly income here is about 900 euros per month.
Ouch.
for reference, the average monthly income here is about 900 euros per month.
Soldato
A greek tragedy right there
Soldato
I suspect economies will grind to a halt regardless with the operating costs. Such short-term short sightedness.
Soldato
Username checks out
The SC should be the same for everyone. Is the SC the same throughout the country of using the same supplier and tariff? If not, why not?
Soldato
The SC differs between supplier, between supplier tariffs and in each region. It's a scam.Username checks out
The SC should be the same for everyone. Taking suppliers aside is the SC the same throughout the country of using the same supplier? If not, why not?
Soldato
Why are regions different if you're on the same supplier and tariff?... Why would one region be less than another?
The SC varies because the cost of supply varies. If people just listened, the SC really is the least of our worries right now.
Soldato
I would read it as 'Most people just won't be able to afford to have anything' and put any mistakes down to the usual auto correct. It's not difficult.
SC is insignificant
The difference is very small and reflects cost of supply for distance and location.
Choose to live in the middle of no where and you’ll pay more.
Soldato
You sure sunshine? It accounts for 100s of pounds a year before you have even used a single unit of either energy type.
Associate
Prepayment meters need to either be re-worked or go altogether. It is absolutely not OK that those most vulnerable to the cost of energy are paying more than anyone else.
The people responsible for these decisions have never had to go to a home where someone has basically died without anyone noticing and been left there for weeks/months.
The people responsible for these decisions have never had to go to a home where someone has basically died without anyone noticing and been left there for weeks/months.
A couple of hundred is small fry if the average bill is £3,200 up to £5k+ from April23….. “sunshine”
Soldato
It seems like a plan, to what end I don't know but the inaction of the government and ofgem washing their hands of it just seems very odd.
Soldato
Now it's been edited it makes more sense. I genuinely read that pre-edit and had no idea what it was saying.
I assume the £6k is in relation to the "average" expected bill, which I would counter has no meaning for a lot of people (except for making great headlines for the papers), and does not necessarily reflect their own usage. Higher costs will also self-regulate and force people to consider using less.
SC charge is a bit of the bill, but for most people it's going to be the smallest part in a month. Unit costs are where most people will trip up, especially those who don't have a handle on what they're actually using.
Cap prices:
Electric Daily standing charge: £0.45
Gas Daily standing charge: £0.27
For a 4 week month, that is £0.72 per day * 28 days = £20.16
That is a monthly bill of £20~ for dual fuel cap customers even if using 0 units. It's high but it's not impossible to cover.
I think you're over-estimating the cost of a lightbulb and a shower here.
Reasonable LED bulb is 5-10W. 0.24kwh in a day even if left on all day. Even at £1/kwh of electric you could power a light for £0.24 in day, for 24 hours a day.
Even a high powered Electric shower, 10kw, at full pelt for 5 minutes a day is 10 * (5 / 60) = 0.83kwh of electric.
Soldato
- Joined
- 23 May 2006
- Posts
- 7,222
it's not really choose to, I mean I go where the work is..... I am not that bothered, it isn't a hill I am gonna die on but imo public services such as phone,leccy, gas, water should probably the same for all of us (with variation between different companies as that is the competition) . it's not like people in a city have to pay more for fruit and veg which may be grown locally to villagers in the farm which is supplying Tesco's etc.
it's not even like I get to pay less for my tin pot internet connection compared to friends who get the max their line can take.
like I said, I am not gonna argue over it, I have way bigger issues.
I don't mind paying a SC. it pays for the infrastructure and in theory covers some of the green energy encouragement. I must admit I dont like the fact we are punished for the businesses who went bust. like I said yesterday, they are privatised, as a customer the only advantage for them to be privatised is that I shouldn't get to pay for their inept management if they go bust.... of course if that was the case then customers would all have to make sure they had no credit in the energy companies and always operate on paying in arrears..
also if there was no SC for 6 months of the year my energy company would be paying me , it is one way of making me contribute all year round.