Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
If they do this cap (obviously it's what the energy suppliers want, they aren't daft, they'd lose loads with people not paying) it's a big can kick. But it always was going to be.
And yeah it won't come down from what ever its set to(let's say 2k-2.5k) for potentially a decade.
It also ends brings an end to fixed price energy. If you're on a fix that's probably it for the mid term.
Everyone will be on this cap. Its the end of competition.
And yeah it won't come down from what ever its set to(let's say 2k-2.5k) for potentially a decade.
It also ends brings an end to fixed price energy. If you're on a fix that's probably it for the mid term.
Everyone will be on this cap. Its the end of competition.
Associate
Gnomes are never junk!
Please put your willy away and stop waving it about.So pleased my mortgage is only £345 pcm after my new 5 year fixed deal kicks in this week
To be fair he's bragging about how small it is.
We only live in mud huts up north you know
Associate
We're in effect fighting a proxy war. War is expensive. The government would be borrowing a lot to fund defense if we were directly at war; instead it has to borrow lots to cover the cost of a proxy war.
How did it afford the cold war?
Soldato
So happy for you. Congrats!So pleased my mortgage is only £345 pcm after my new 5 year fixed deal kicks in this week
Soldato
Things is these people will justify it to themselves which I can almost... understand.
The problem is all it will achieve it make it even more expensive for everyone else.
I'm sat in my local Chinese take away thinking how much this is going to affect a business like this, all this cooking equipment running.
Soldato
Can't pay take us all away.
According to industry insiders, the takeaway industry is rife at fiddling meters, so probably its bridged.
Soldato
Cost of living: One third of households already struggling to pay energy bills even without next price cap hike
An exclusive poll done by Ipsos for Sky News found that people have less faith in Liz Truss than Sir Keir Starmer and Rishi Sunak to deal with the crisis. Only 28% of households trust her to reduce the cost of living if she becomes prime minister.
Pretty damning info already.
Soldato
Can bridged meters be discussed in a separate thread, like a "how to"?
Soldato
Small businesses are forced to close this winter as energy bills bite
Crippling energy price hikes are forcing Britain's remaining small businesses - many of which have scraped through lockdown - to reduce their hours, and in some cases, close down.
Man of Honour
I have decided to take up Sainburys Energy 1 Year Smooth Renew v21 tariff as my current fix is up in October and this will carry on from then. The rates are sky high compared to what I am paying now but everyone is in the same boat and I reckon it will still be cheaper than tomorrows figures for October and then the rises in January and April. The good news is that there are no fees to exit should the government actually get off their backsides and do something. The unit rates are Electricity 67.15485p per kWh, SC 50.05p per day, Gas 16.821p per kWh, SC 27.22p per day which is a massive increase over my current prices but what other choice is there? That will hit me for £287.87 a month which is a whopping £202.77 extra per month and I have no idea how I am going to afford it long term. I don't have Sky, Netflix or anything like that to get rid of and my energy use is as low as I can possibly get it. We don't have takeaways and we don't have holidays and it looks like Christmas will have to be cancelled this year. This is a nightmare. I am glad I don't have a mortgage because those poor people must be pulling their hair out.
Think that will be considerably higher than what is announced tomorrow but like you say you can always exit. Gas might not be far off but the electric unit price looks high.
cutting back is working so far on electric but its still going to hurt, interestingly the tumble drier broke in the second week of march.... pretty obvious hey?
Gas August i cut hot water timer from 3 hours a day to 1.5
Combined cost
| Month | 2021 | 2022 |
|---|---|---|
| Jan | 634.28 kWh | 623.42 kWh |
| Feb | 540.51 kWh | 507.15 kWh |
| Mar | 529.89 kWh | 434.85 kWh |
| Apr | 484.30 kWh | 382.57 kWh |
| May | 519.17 kWh | 387.53 kWh |
| Jun | 483.03 kWh | 399.59 kWh |
| Jul | 537.62 kWh | 399.71 kWh |
| Aug | 528.91 kWh | 287.76 kWh |
| Sep | 546.05 kWh | - |
| Oct | 612.58 kWh | - |
| Nov | 631.79 kWh | - |
| Dec | 656.66 kWh |
Gas August i cut hot water timer from 3 hours a day to 1.5
| Month | 2021 | 2022 |
|---|---|---|
| Jan | 2883.11 kWh | 1892.24 kWh |
| Feb | 2345.95 kWh | 1539.93 kWh |
| Mar | 2145.25 kWh | 1374.82 kWh |
| Apr | 1448.88 kWh | 728.12 kWh |
| May | 800.05 kWh | 410.50 kWh |
| Jun | 458.56 kWh | 349.60 kWh |
| Jul | 429.85 kWh | 332.59 kWh |
| Aug | 426.56 kWh | 263.01 kWh |
| Sep | 495.64 kWh | - |
| Oct | 944.73 kWh |
Combined cost
| Month | 2021 | 2022 |
|---|---|---|
| Jan | £137.55 | £151.80 |
| Feb | £115.03 | £123.46 |
| Mar | £109.69 | £107.40 |
| Apr | £95.31 | £94.32 |
| May | £104.92 | £136.59 |
| Jun | £89.71 | £135.70 |
| Jul | £97.61 | £134.55 |
| Aug | £96.14 | £98.49 |
| Sep | £100.75 | - |
| Oct | £123.76 | - |
| Nov | £148.96 |