Energy Prices (Strictly NO referrals!)
- Thread starter DXP55
- Start date
Soldato
Which is bloody pointless because we don't own any of it, so the extracted gas won't do sod all to decrease bills in the UK.
Only localised generation (nuclear, renewables) can do that.
It's a good price point for a cap I feel.
I do not agree with
-lowering taxes (benefits rich most)
-method of cap (benefits rich/high users) most
-cap is being paid for by us effectively.
So its 2 years? This seems redundant? If prices are still high then it has to continue surely?
I do not agree with
-lowering taxes (benefits rich most)
-method of cap (benefits rich/high users) most
-cap is being paid for by us effectively.
So its 2 years? This seems redundant? If prices are still high then it has to continue surely?
Caporegime
This is what I hate. Would rather just have a tough couple of years then be better for it later. This will be paying back for decades more than likely. Add to that furlough which cost 70b it really isn't looking good.
In this day and age basic amenities should be supplied by state owned methods. They thought Privatisation would lead to competition but it is basically like mafia owned families creaming all the money for themselves.
Surely if it is going to cost us 150+ billion just buy it out and nationalise the lot.
They'll be out of government in 2 years.
The Tories are currently going "scorched earth" because they know Labour will inherit the mess in 2024.
Hopefully prices will drop within that 2 years and there might be some competitive deals below the cap again.
Soldato
I want the info I need to calculate my energy bills ffs
Soldato
What does this mean? All the articles I've seen so far keep talking about £2500 for the typical household then says many households aren't typical. Where is the kilowatt figure?
Soldato
Guess they expect to lose and will let Labour deal with the fallout as usual.
Soldato
The non-PC answer is that basically it's because a huge portion of the population is too thick to work it if they were given actual useful figures
Soldato
Seems like the useful info will appear here when known:
www.moneysavingexpert.com
Martin Lewis' round-up of the new £2,500 energy price cap – here's what's happening
Energy bills will be capped at £2,500 a year for a typical household from 1 October 2022 for the next two winters, Prime Minister Liz Truss has announced. A £400 energy rebate will also continue to be paid as planned from October.
www.moneysavingexpert.com
Soldato
Seems like the useful info will appear here when known:
Martin Lewis' round-up of the new £2,500 energy price cap – here's what's happening
Energy bills will be capped at £2,500 a year for a typical household from 1 October 2022 for the next two winters, Prime Minister Liz Truss has announced. A £400 energy rebate will also continue to be paid as planned from October.
"15. Those on fixes, can either stay on them, or can leave and switch to the new state subsidised tariffs with no exit penalties."
I assume the suppliers are on board with this?
I'm waiting for the updated tariff prices from EDF, so I can decide what my new direct debit should be. I think I have already forecasted accurately to within £10, but there's no telling without the facts.
So it's going up, so much for, we are going to freeze it BS that was rumoured.
And no, the £400 help doesn't mean it's equals the same as it does now, well it does but then it doesn't as it's going up over £500 so it's not really help then is it.
Help would be reducing the current bills, not reducing something that is going up again.
And no, the £400 help doesn't mean it's equals the same as it does now, well it does but then it doesn't as it's going up over £500 so it's not really help then is it.
Help would be reducing the current bills, not reducing something that is going up again.
Caporegime
hahaha Starmer throwing out Kwarteng's comments on fracking.
Soldato
To be fair, it is frozen well below the £3.5k it was due to hit in 3 weeks time. Yes it's still significantly higher than this time last year, but the lower the cap, the longer (& more) we end up having to pay back
Worked out my electricity is about 3000 units a year (roughly)
And the 400 will cover 1800 units (@22p)
I have no idea how much gas I use unfortunately.
Nor do I know what my unit prices translate to in the ridiculous "typical use" is figure
And the 400 will cover 1800 units (@22p)
I have no idea how much gas I use unfortunately.
Nor do I know what my unit prices translate to in the ridiculous "typical use" is figure
Associate
I hope so! But it makes you wonder if they even know.
Suppliers won't care. It's all being paid for by government (ie us) anyway