Energy Prices - are they taking the piss???

[Billericay Dichio]

Build some bloody nuclear power stations. We could be energy self sufficient if we wanted.

Decision over Sizewell C granted six-week extension by the Government

Tories just delaying vital decisions like they did with Heathrow, HS1, Care, etc etc.

Not sure how making the energy companies pay more in tax to the government will lower household bills.

Labour did it under Blair. Helped to make up for the previous 18 years of Tory misrule.

 

[peil]

Build some bloody nuclear power stations. We could be energy self sufficient if we wanted.

Just turned off Hunterston B up here, last a good 20 years past its original design date

 

[Dave Herbal]

Just don’t pay your direct debit. If everyone did this the entire industry would collapse in a matter of weeks and nationalisation would be necessary. Having worked in a debt/collections department of a large supplier they only account for a tiny portion of the customer base not paying direct debits as part of their debt book.

You generally have the option to pay by quarterly bill, so cancel your DD and pay the exact amount when required instead. That will do have the same effect.

 

[Darlo1973]

Decision over Sizewell C granted six-week extension by the Government

Tories just delaying vital decisions like they did with Heathrow, HS1, Care, etc etc.

To be fair, both parties in government have been terrible for long term infrastructure planning.

Labour did it under Blair. Helped to make up for the previous 18 years of Tory misrule.

I can understand how a windfall tax is good for the Treasury's coffers but I don't see how making the energy companies pay more in tax will reduce my bill. Besides, they are already paying more in tax and duties because of the rising wholesale price.

 

[Billericay Dichio]

To be fair, both parties in government have been terrible for long term infrastructure planning.



I can understand how a windfall tax is good for the Treasury's coffers but I don't see how making the energy companies pay more in tax will reduce my bill. Besides, they are already paying more in tax and duties because of the rising wholesale price.

You have an excuse for the Tories every time. But Labour...

It was the Tories that got rid of the gas storage. That could have been used to smooth out the price hikes and protect some of the energy companies.

The energy companies are still making massive profits - much of it redistributed overseas to subsidise foreign taxpayers. The windfall tax would benefit British taxpayers.

The Tories said they would be able to cut VAT on fuel once we left the EU. Now they are refusing to do exactly that.

That's simple stuff they could have done. Never mind future planning on infrastructure.

11 years in power. What have they done?

 

[Darlo1973]

You have an excuse for the Tories every time. But Labour...

It was the Tories that got rid of the gas storage. That could have been used to smooth out the price hikes and protect some of the energy companies.

The energy companies are still making massive profits - much of it redistributed overseas to subsidise foreign taxpayers. The windfall tax would benefit British taxpayers.

The Tories said they would be able to cut VAT on fuel once we left the EU. Now they are refusing to do exactly that.

That's simple stuff they could have done. Never mind future planning on infrastructure.

11 years in power. What have they done?

Did you miss my line "both parties in government have been terrible for long term infrastructure planning".

I'm no apologist for this government. They have done a lots of things wrong.

 

[bassman]

Hold fast.
Martin Lewis was saying the other week not to take up any offers like this and wait.

That's exactly what I'm doing at the moment.

 

[Billericay Dichio]

Did you miss my line "both parties in government have been terrible for long term infrastructure planning".

I'm no apologist for this government. They have done a lots of things wrong.

Just "But Labour..." in a different form.

You're still making excuses for the Tories doing SFA.

WTF do you want the Tories to do?

 

[James]

Will do. I’m just worried something seems wrong, as I was expecting it to be more than £115 a month, so don’t want to actually end up paying a load more out of nowhere.

We pay about 50 quid now, so that seems about right (high if anything) for the size of your place.

 

[TheWanderer]

Hold fast.
Martin Lewis was saying the other week not to take up any offers like this and wait.

I’ll do this, but I’ll be down that shitty boozer and looking for you not Martin Lewis if I get stiffed in April!

 

[Butcher's Coat]

I’ll do this, but I’ll be down that shitty boozer and looking for you not Martin Lewis if I get stiffed in April!

You'll know where I'll be marra

 

[Dan The Man]

You have an excuse for the Tories every time. But Labour...

It was the Tories that got rid of the gas storage. That could have been used to smooth out the price hikes and protect some of the energy companies.

The energy companies are still making massive profits - much of it redistributed overseas to subsidise foreign taxpayers. The windfall tax would benefit British taxpayers.

The Tories said they would be able to cut VAT on fuel once we left the EU. Now they are refusing to do exactly that.

That's simple stuff they could have done. Never mind future planning on infrastructure.

11 years in power. What have they done?

The energy companies themselves don’t make a lot of profit the parent companies do but that could be distribution and other things

 

[errant]

I’ll do this, but I’ll be down that shitty boozer and looking for you not Martin Lewis if I get stiffed in April!

the only way you can get stiffed is to fix at the current rates... in theory the April cap price can only be the same or better than the current best deals. from then its what happens to the wholesale costs until they set the autumn cap price.

 

[Teed]

Did you miss my line "both parties in government have been terrible for long term infrastructure planning".

I'm no apologist for this government. They have done a lots of things wrong.

Both wings of the same bird imo, there to give us the illusion we have a democracy,

 

[droppedshoulder]

I’m putting in meter reads a lot higher than actual, my own version of buying futures ahead of the price cap rise

 

[Edinburgh Black Cat]

the only way you can get stiffed is to fix at the current rates... in theory the April cap price can only be the same or better than the current best deals. from then its what happens to the wholesale costs until they set the autumn cap price.

Don't think that's true at all. Pretty sure the cap is almost certain to go up in April.

Hopefully won't be as much of an issue because usage will be lower in the summer. Next October is the real question

You generally have the option to pay by quarterly bill, so cancel your DD and pay the exact amount when required instead. That will do have the same effect.

Careful you don't get charged more for a quarterly bill @rey mysterio, often a DD gives you a small discount.

Also, a quarterly bill means you'll have to pay 3 months at once so you'd need to keep the money aside.

All the best!

 

[legend7]

We pay about 50 quid now, so that seems about right (high if anything) for the size of your place.

You think?
I'm in a 2 bed semi on my own and I'm up to nearly 150 a month now.

 

[Hair Flick]

I’m putting in meter reads a lot higher than actual, my own version of buying futures ahead of the price cap rise

That thought had gone through my mind but then they’ll probably use that reading as the basis for future bills.

 

[yamar1]

That thought had gone through my mind but then they’ll probably use that reading as the basis for future bills.

And then its adjusted back to suit. Its a great idea in theory, until the meter reader turns up...

 

[GAS Man]

I asked my mrs to send me meter reading readings today, she sent me a video of the GAS meter asking why its spinning and the numbers going up. It was then I remembered I hadn't turned the heating off when I left this morning.