Energy Prices (Strictly NO referrals!)

with time to engineer a good solution (like they already had wasting time on truss's election) they can re-evaluate tiered unit rates, and give OFGEN a review/kick up the backside
(is the private market working, standing charge vat & it's load dependent component)


4-5% uk ... as they just mentioned on r4 USA typically have fixed rate mortgages for 20/30 years ... so borrowing rate not so influential
 
Harlequin said:
You`ll be surprised then that workers earning more than £20,000 can get UC
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And then there's the whole raft of people who earn just enough to be out of UC but still below average UK earnings who are going to be utterly shafted.

robgmun said:
And I'm frankly sick of it, it feels so utterly unfair that the people that put their nose to the grindstone and got on with it are constantly overlooked while those on benefits get handout after handout after handout after handout. Let me guess, they'll get a further £1200 down the line or another £300 off their council tax bill.
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Yup, I do a job that I enjoy, for a relatively small company who don't pay especially well. I like the work, I like the people and I just want to be able to pay my bills. It's not quite so straightforward as people think when they say "lol, get a better job". It'll be back to 'heating or food' again.
 
robgmun said:
And I'm frankly sick of it, it feels so utterly unfair that the people that put their nose to the grindstone and got on with it are constantly overlooked while those on benefits get handout after handout after handout after handout. Let me guess, they'll get a further £1200 down the line or another £300 off their council tax bill.

I'm not saying they shouldn't get it, but middle-income people needed the cap so they're not raped by the energy companies. It was the only thing we practically got that helped and they now thinking about removing it come April. Now instead of feeling on top of things again all my anxiety is back because i have to think of ways to make money on top of the fact i work full time already.
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80% UC claimants work, with many full time. Minimum wage is just that a minimum, and is so low in 2022 that companies expect the government to top it up . 36 hour week at £9.50 an hour is just under £18000 a year. Guess you`ve never heard of the poverty trap either
 
chrcoluk said:
The new measures I expect will be more targeted CoL payments with another universal £400, or potentially but unlikely a tiered unit subsidy which is what the EPG should have been first time round. I think its unlikely because if it was been considered they could have said they changing the EPG instead of scrapping it.

The targeted CoL caused a ruckus amongst some higher earners who started saying its "unfair", but was nothing like the chaos caused by a without a care in the world all you can eat subsidy and mental unfunded tax cuts.

Austerity is on the way though, he has Osborne's advisors.
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If they won't do capped pricing then unit-tiering needs to seriously be considered.

The rich will still be able to pay for it and use whatever they want, but at least there will be a cost. The less-rich would have to look at cutting back on some usage, but at least that would be rewarded with cheaper payments.

I don't really see much else sensible short of building a whole bunch of wind farms quickly :D
 
Feek said:
And then there's the whole raft of people who earn just enough to be out of UC but still below average UK earnings who are going to be utterly shafted.
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Its called the poverty trap, earn too much for any substantial government help, earn too little for the minimum income standard. For a single person that figure is about £25000 a year - rising to over £43000 a year for a couple with children.
 
robgmun said:
And I'm frankly sick of it, it feels so utterly unfair that the people that put their nose to the grindstone and got on with it are constantly overlooked while those on benefits get handout after handout after handout after handout. Let me guess, they'll get a further £1200 down the line or another £300 off their council tax bill.

I'm not saying they shouldn't get it, but middle-income people needed the cap so they're not raped by the energy companies. It was the only thing we practically got that helped and they now thinking about removing it come April. Now instead of feeling on top of things again all my anxiety is back because i have to think of ways to make money on top of the fact i work full time already.
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Solar an option?
 
robgmun said:
And I'm frankly sick of it, it feels so utterly unfair that the people that put their nose to the grindstone and got on with it are constantly overlooked while those on benefits get handout after handout after handout after handout.
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Ahem...
Feek said:
And then there's the whole raft of people who earn just enough to be out of UC but still below average UK earnings who are going to be utterly shafted.
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This.... I know the middle income earners are quick to say they are always the ones being squeezed (and in some cases that's very true) but that section of society between the full time working UC beneficiaries and middle income workers are in a position of not having much left to squeeze... They are like an orange with only the pulp left after the juice has been removed yet receive no additional help either (just like middle income earners)

This sector seems to be mostly disregarded in these discussions as they continue to talk about benefits recipients or middle earners - usually the middle earners complaining that they don't receive any help like UC claimants... neither do lower earners.
 
Richie said:
Ahem...


This.... I know the middle income earners are quick to say they are always the ones being squeezed (and in some cases that's very true) but that section of society between the full time working UC beneficiaries and middle income workers are in a position of not having much left to squeeze... They are like an orange with only the pulp left after the juice has been removed yet receive no additional help either (just like middle income earners)

This sector seems to be mostly disregarded in these discussions as they continue to talk about benefits recipients or middle earners - usually the middle earners complaining that they don't receive any help like UC claimants... neither do lower earners.
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You talking about the group that are "just" on the wrong side of the line, and its true whoever that is tend to end up in the worst position.

Thats why support generally is better been tapered rather than been 100% then a sudden 0%. Sadly this seems uncommon as I guess its seen as been "too complex".
 
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purplesky said:
Just give every household a basic amount of energy free of charge each month. Then anyone that goes over starts paying - severely if necessary. This is fair imo.
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Is this just a blanket amount or is it adjusted for , say property size?... Perhaps based on Council Tax bands (as the amount of Council Tax paid depends on house size)

So larger houses get more "free" energy?
 
Richie said:
Ahem...


This.... I know the middle income earners are quick to say they are always the ones being squeezed (and in some cases that's very true) but that section of society between the full time working UC beneficiaries and middle income workers are in a position of not having much left to squeeze... They are like an orange with only the pulp left after the juice has been removed yet receive no additional help either (just like middle income earners)

This sector seems to be mostly disregarded in these discussions as they continue to talk about benefits recipients or middle earners - usually the middle earners complaining that they don't receive any help like UC claimants... neither do lower earners.
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30k a year is net 2000 a month.
 
chrcoluk said:
You talking about the group that are "just" on the wrong side of the line, and its true whoever that is tend to end up in the worst position.

Thats why support generally is better been tapered rather than been 100% then a sudden 0%. Sadly this seems uncommon as I guess its seen as been "too complex".
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UC is tappered;



www.entitledto.co.uk

Benefits Calculator - entitledto - independent | accurate | reliable | www.entitledto.co.uk

Check what benefit entitlement you are entitled to. The entitledto benefits calculator will check which means-tested benefits you may be entitled to e.g. tax credits, universal credit, housing benefit …
www.entitledto.co.uk www.entitledto.co.uk

I suggest that everyone has a look to see , if there own personal circumstances could get some support. Try it with an open mind
 
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Harlequin said:
UC is tappered;



www.entitledto.co.uk

Benefits Calculator - entitledto - independent | accurate | reliable | www.entitledto.co.uk

Check what benefit entitlement you are entitled to. The entitledto benefits calculator will check which means-tested benefits you may be entitled to e.g. tax credits, universal credit, housing benefit …
www.entitledto.co.uk www.entitledto.co.uk

I sugg
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Thats why i said uncommon and not never. Essentially all means tested benefits are tapered, but other schemes are usually you get all the support offered or nothing.
 
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Richie said:
Is this just a blanket amount or is it adjusted for , say property size?... Perhaps based on Council Tax bands (as the amount of Council Tax paid depends on house size)

So larger houses get more "free" energy?
Click to expand...
Council Tax bands are based on property values; in 1991 in England and Scotland, in 2003 in Wales. Northern Ireland has rates based on 2005 valuations.
 
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