Energy Prices (Strictly NO referrals!)

Ironic Namesake said:
So I guess our unit price will go down from £1.30 to at lowest £0.90 .. not exactly a bargain but better than nothing!
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you have no potential to set a fixed price contract for X months , or that £1.30 is, already, it ?
with the current high wind generation, you might hope a variable contract could be offering better, but winter is unknowable.
 
Mercenary Keyboard Warrior said:
True in a way, we are getting a massive rebate.

Its probably why Rishis plan was better ( ;) ) but the give us more free money crowd didnt like his targeted approach.

We will all pay for it eventually and I would suggest if you consider 33.7p as them helping too much your probably a decent earner and will pay plenty of tax in future
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The support may have just started too early, that's all. There have been many people reporting low energy bills this month, myself included. My total bill (including SC) is < £20 for the month.

If we get a very cold winter though, the new price caps could be the difference between life or death for those who are elderly or infirm.
 
ci_newman said:
The support may have just started too early, that's all. There have been many people reporting low energy bills this month, myself included. My total bill (including SC) is < £20 for the month.

If we get a very cold winter though, the new price caps could be the difference between life or death for those who are elderly or infirm.
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Yeah agree its been mild for healthy people in decent housing

November is always the month that feels like its the start of winter, seems to line up with fireworks night every year to me
 
Quick Q
I'm looking on the BM reports site, they have a graph there for System Prices
Is that the wholesale electricity price? Cos it's hovering around £200/MWh but also went negative recently?
 
Today is the last day of my cheap fixed deal and I still haven't heard anything from Sainsbury's Energy about my new direct debit cost or unit rates although I assume it will be the government capped rates. That's still double the electric cost and triple the gas cost per unit for me!!
 
There are people who work hard and are not on benefits that will need the help. On the other hand there are people who can probably manage fine without help.

Unsure why Truss has not gone ahead with the energy saving campaign.
 
The reality is it's actually very hard to create these policies.

Until just now I've been shaking my head thinking instead of reducing unit cost, they should just give more direct cash help, as that doesn't mask the true market cost, and doesn't overly subsidise extremely high users.

But then, the 400 quid direct help is per household, and then you could argue why should it be per household rather than per person. Don't bigger households (I mean people, not square footage) need more help, as they naturally use more? Shouldn't they get a bigger chunk of the fund that paid out 400 per house rather than smaller households? You can argue - "oh you shouldn't have had so many kids". But in having policies like this, shouldn't that be done on a basis of treating all individual people equally, whether an extra child in a house, or an independent adult in their own house? So the support should be per person, not per household.

So all in all, actually I don't think it's a bad policy.
 
chroniclard said:
There are people who work hard and are not on benefits that will need the help. On the other hand there are people who can probably manage fine without help.

Unsure why Truss has not gone ahead with the energy saving campaign.
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They dont want to be seen to be a nanny state and we already have been given the energy cap and extra money so nobody needs telling to try and save energy (totally ignoring that this is been done to try and stop outages, nothing at all to do with money)
 
Mercenary Keyboard Warrior said:
True in a way, we are getting a massive rebate.

Its probably why Rishis plan was better ( ;) ) but the give us more free money crowd didnt like his targeted approach.

We will all pay for it eventually and I would suggest if you consider 33.7p as them helping too much your probably a decent earner and will pay plenty of tax in future
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To be fair my electric has gone up from 14p to 38p per unit as I came out of my fixed period but I try to use most of my electric from 9.30pm untul 2.30am where its only 7.5p so my bills have gone up by £65 per month and currently I am getting £66 per month back from the Govt so I am £1 per month better off (for now).

Come summer I will be £65 per month worse off.

Plus we all have this money to pay back over several years so future bills are all going to be more money per month as well.
 
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marc2003 said:
Still no sign of any vouchers for my peasant mode pre-pay meter. Withholding it longer for the people who need it the most. *****. :D
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Seems on point for the current Government. Probably just incompetence at the energy company though, they all seem to be doing different things.
 
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marc2003 said:
Still no sign of any vouchers for my peasant mode pre-pay meter. Withholding it longer for the people who need it the most. *****. :D
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Agree they should prioritise prepay and payg to get these out asap however it#s a hell of an undertaking to get everything rollled out with 3-4 weeks notice suppliers were given because the gov sat on their hands for months and did nothing until the last minute when they were forced to.
 
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