Energy crisis

[Scouse Hibee]

Stealing electricity via meter tampering may become as popular as stealing TV viewing though admittedly a tad more dangerous.

[Hibrandenburg]

You might be interested in this:

https://www.newstatesman.com/world/europe/2022/08/lessons-germany-experiment-near-free-rail-travel-9-euro-ticket

That's a good summary. I like the idea of the €365 ticket that has been dubbed the €1 ticket because it costs only €1 a day. As a commuter that travels by train, I would love them to introduce a first class version too.

[Glory Lurker]

Stealing electricity via meter tampering may become as popular as stealing TV viewing though admittedly a tad more dangerous.

Aye, a literal fire stick.

[makaveli1875]

Stealing electricity via meter tampering may become as popular as stealing TV viewing though admittedly a tad more dangerous.

Tad more serious penalty too , straight to jail

[Pretty Boy]

Tad more serious penalty too , straight to jail

My mate Winston can sort you out.

No big deal even the good Lord himself likes it toasty.

[Scouse Hibee]

Tad more serious penalty too , straight to jail


Only if they catch you 😉

[Kato]

https://twitter.com/RichardJMurphy/status/1564157651868590080?t=tswR-RQIWg_5WT-lYotfiA&s=19

The above post from a thread on the energy crisis. The energy crisis is really the gas price crisis. A Megawatt Hour of electricity produced by gas is costing roughly £600. A MW/h of electricity produced by on or offshore wind ranges from £50 to £140 but because of something called "marginal costing" all the prices for energy is rounded up to cost £600 which will enable the gas companies to make a profit.

Nuts way to do stuff but that is why we are surrounded by cheap energy in this country but are paying through the nose, so that the most expensive means can still make money from us for their shareholders.

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[Kato]

https://twitter.com/MetroUK/status/1563862083820830735?t=Gicp3KPaq919JO93RIPaDQ&s=19

Lefty lawyers stick noses in.

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[Callum_62]

Has anyone ever retrofitted under floor heating into a solid floor?

We are upgrading our floor coverings downstair and thought it might be a chance to do that

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[Moulin Yarns]

Has anyone ever retrofitted under floor heating into a solid floor?

We are upgrading our floor coverings downstair and thought it might be a chance to do that

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I presume that you mean with hot water pipes.

Alternative is electrical mats. For example.

https://www.toppstiles.co.uk/search/Heating


Almost all the rooms in my house are heated this way, easy to install with light mess.

[Paulie Walnuts]

I presume that you mean with hot water pipes.

Alternative is electrical mats. For example.

https://www.toppstiles.co.uk/search/Heating


Almost all the rooms in my house are heated this way, easy to install with light mess.

I’ve got one of the electrical mats in my bathroom with a tiled floor. Works brilliantly and is fairly inexpensive, think it cost me about £300 for the mat and the unit to control it.

[Callum_62]

I presume that you mean with hot water pipes.

Alternative is electrical mats. For example.

https://www.toppstiles.co.uk/search/Heating


Almost all the rooms in my house are heated this way, easy to install with light mess.Yeah I meant wet UFH

Don't you find electric UFH expensive to run?

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[Stairway 2 7]

Wholesale electricity prices fall 40% in 4 days boom.
https://mobile.twitter.com/cjsnowdon/status/1564550391387365376

Gas down nearly 30%
https://mobile.twitter.com/ChrisGiles_/status/1564545993160507392?ref_src=twsrc%5Etfw%7Ctwcamp%5 Etweetembed%7Ctwterm%5E1564545993160507392%7Ctwgr% 5Ecbf882099838639476f78b9ded09b75835bfd446%7Ctwcon %5Es1_&ref_url=https%3A%2F%2Fd-9042510753228588244.ampproject.net%2F2208121708000 %2Fframe.html

Too late to drop October's price cap but will lower January's if it is consistent

[GlesgaeHibby]

https://twitter.com/BBCGaryR/status/1564478592448331776?t=w0Y65hYtqFZCpKV0wovgMA&s=19

[Stairway 2 7]

Wholesale electricity prices fall 40% in 4 days boom.
https://mobile.twitter.com/cjsnowdon/status/1564550391387365376

Gas down nearly 30%
https://mobile.twitter.com/ChrisGiles_/status/1564545993160507392?ref_src=twsrc%5Etfw%7Ctwcamp%5 Etweetembed%7Ctwterm%5E1564545993160507392%7Ctwgr% 5Ecbf882099838639476f78b9ded09b75835bfd446%7Ctwcon %5Es1_&ref_url=https%3A%2F%2Fd-9042510753228588244.ampproject.net%2F2208121708000 %2Fframe.html

Too late to drop October's price cap but will lower January's if it is consistent

Certainly grounds for a little optimism. Could prices have now peaked or at least plateaued
https://mobile.twitter.com/TomH_Analyst/status/1564547928668217350

[McSwanky]

Certainly grounds for a little optimism. Could prices have now peaked or at least plateaued
https://mobile.twitter.com/TomH_Analyst/status/1564547928668217350

Forgive me if I don't get overly excited by what is really a small short term drop in a graph where the obvious trendline is up. 4 days is a very short space of time.

If I remember correctly, it has been rumoured that Ofgem are expecting the algorithm to deliver another big hike in January.

If it wasn't so serious, this (https://www.shetland.gov.uk/news/article/2380/fuel-poverty-in-shetland-to-hit-96-) sort of article would be utterly laughable. When you read the likes of that article, you actually start to feel quite well off again.

It's great to see The Good Law Project standing up for consumers when the Government (and indeed the body that is specifically set up to do specifically that) that blatantly refuses to change the rules, hopefully some good comes of it. I'll not hold my breath though.

Maybe higher cost of living will result in immigrants or something, and be painted as yet another success by the gang in charge.

[Stairway 2 7]

Forgive me if I don't get overly excited by what is really a small short term drop in a graph where the obvious trendline is up. 4 days is a very short space of time.

If I remember correctly, it has been rumoured that Ofgem are expecting the algorithm to deliver another big hike in January.

If it wasn't so serious, this (https://www.shetland.gov.uk/news/article/2380/fuel-poverty-in-shetland-to-hit-96-) sort of article would be utterly laughable. When you read the likes of that article, you actually start to feel quite well off again.

It's great to see The Good Law Project standing up for consumers when the Government (and indeed the body that is specifically set up to do specifically that) that blatantly refuses to change the rules, hopefully some good comes of it. I'll not hold my breath though.

Maybe higher cost of living will result in immigrants or something, and be painted as yet another success by the gang in charge.

It's dropping because Germany and the rest of Europe are further ahead than expected filling up reserves. Soon they will just be buying what they need, which will relax the markets. Small drop! Gas is down 30% electricity down 40%. €1000 to €600.

Articles are written before any huge drop happened. It won't effect October's rises, Infact its still slightly above that price now. Its also down to a very high level still. But it's also great news with obvious caution

[McSwanky]

It's dropping because Germany and the rest of Europe are further ahead than expected filling up reserves. Soon they will just be buying what they need, which will relax the markets. Small drop! Gas is down 30% electricity down 40%. €1000 to €600.

Articles are written before any huge drop happened. It won't effect October's rises, Infact its still slightly above that price now. Its also down to a very high level still. But it's also great news with obvious caution

By 'small' I suppose I really meant 'short' - 4 days is hardly a trend (which I think you've pointed out to me before on the Covid thread).

Good for those pesky Eurpeans, and their storage facilities. Fingers crossed this isn't just a market reaction to a piece of good news with an upward trend resuming when the 'bounce' has worn off.

I admire your optimism, forgive me if I don't share it.

[Stairway 2 7]

By 'small' I suppose I really meant 'short' - 4 days is hardly a trend (which I think you've pointed out to me before on the Covid thread).

Good for those pesky Eurpeans, and their storage facilities. Fingers crossed this isn't just a market reaction to a piece of good news with an upward trend resuming when the 'bounce' has worn off.

I admire your optimism, forgive me if I don't share it.

I definitely agree with you it's only 4 days swallow doesn't make a summer ect. But it's a massive drop and it would need something major to make it go up as sharp as that.

It shows the power in saving energy also, madness our governments haven't been pushing saving energy.

[Smartie]

I definitely agree with you it's only 4 days swallow doesn't make a summer ect. But it's a massive drop and it would need something major to make it go up as sharp as that.

It shows the power in saving energy also, madness our governments haven't been pushing saving energy.

Couldn’t agree with your second paragraph more.

The whole fiasco has been down to basic supply and demand. Whilst external factors HAVE played a big part there’s been too much talk of people being victim to circumstance rather than the effect that many millions of people making small changes might have on demand.

Hopefully a further bloody nose for Russia too.

[Zambernardi1875]

https://twitter.com/BBCGaryR/status/1564478592448331776?t=w0Y65hYtqFZCpKV0wovgMA&s=19

I liked this underneath

“Lower energy bills for Scotland than if
we leave the United Kingdom. Read
more here”

Another lie by the better together gang

[Scorrie]

Russia closes the Nord Stream pipeline today for “maintenance “. Obviously didn’t like the drop in gas future price yesterday and want to increase it again. Europe is getting close to having enough gas stored for winter. Not sure where that leaves the Uk as we closed our storage facility a few years ago…

[Stairway 2 7]

Russia closes the Nord Stream pipeline today for “maintenance “. Obviously didn’t like the drop in gas future price yesterday and want to increase it again. Europe is getting close to having enough gas stored for winter. Not sure where that leaves the Uk as we closed our storage facility a few years ago…

Two of the biggest storage facilities will be open in a few weeks one of them accounted for 70% of our storage, although they won't be at capacity this winter.

They shouldn't technically be needed as we aren't reliant on Russian gas, shouldn't have been closed though.

Uks lng terminals will be important for Europe this winter

[Stairway 2 7]

https://www.theguardian.com/business/2022/aug/30/wholesale-gas-prices-tumble-as-europe-prepares-to-intervene-in-energy-markets?CMP=share_btn_tw

Article on gas prices falling and some of Europe's plans

[Stairway 2 7]

The bubble was always going to burst but its quicker and sharper than expected.

LionHirth
Russia's energy blackmailing potential has evaporated.

Nord Stream is closed ("maintenance") and the market doesn't care. Prices are collapsing

[Stairway 2 7]

This is just pure profiteering. EU called the markets bluff and threatened a price cap due to reserves filling up, so the bubble burst. Disaster capitalism

Shocking that its going to effect so many this winter regardless

https://mobile.twitter.com/Schuldens...39273987653633
Holger Zschaepitz
@Schuldensuehner
German 1y ahead Power Price has almost halved within 2 days from €1,050 per MWh to €545 today. This raises the question of who is operating in the electricity market. Is it pure speculation? Are these meaningful prices that reflect real scarcities

[Smartie]

I came close to committing to a pretty eye-watering 2 year fixed deal with the electricity at my work last week. The only reason I didn't was because Scottish Gas pulled the offer between offering me it and me deciding how insane it actually was. They then jacked it up further.

We've been on a reasonable-ish deal which was a good thing as we've spent the past 2 years with all the windows open and air cleansers running full pelt in order to have the place adequately ventilated and be allowed to remain open, (heating on in addition during winter) but that deal is due to expire.

I'd thought that whilst the offer was eye-watering it was just about workable. Some of the numbers being spoken about took us towards impossible territory so unpalatable as it was it seemed like it might actually make some sense.

I guess it'll now be like my home energy, where I do nothing but sit tight and see where this rollercoaster ends.

I feel for anyone who may have been a bit more decisive than myself and got there just before Scottish Gas changed their offering, which might look very different again over the next few months.

[wookie70]

The "Market" should never be allowed to have a say in essential products like fuel. It is a few rich a-holes wrecking working peoples lives on pure speculation.

[Stairway 2 7]

The "Market" should never be allowed to have a say in essential products like fuel. It is a few rich a-holes wrecking working peoples lives on pure speculation.

Agreed absolute scam

[Ozyhibby]

https://uploads.tapatalk-cdn.com/20220831/b273d02d25cb08c9fc6055075e5c3286.jpg


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[Kato]

The "Market" should never be allowed to have a say in essential products like fuel. It is a few rich a-holes wrecking working peoples lives on pure speculation.It's a smaller heist than when those who pay taxes were asked (told) to bail out the banks but a heist none the less. A few pen strokes and some major banks were nationalised in all but name. With the energy companies its "too diffucult/very complex". Its not.

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[Stairway 2 7]

https://uploads.tapatalk-cdn.com/20220831/b273d02d25cb08c9fc6055075e5c3286.jpg


Sent from my iPhone using Tapatalk

The first part doesn't matter as its all gas bought on the same market. Second part is about how much your government will cover of that gas's huge price, answer for us is unfortunately very ******g little

[wookie70]

It's a smaller heist than when those who pay taxes were asked (told) to bail out the banks but a heist none the less. A few pen strokes and some major banks were nationalised in all but name. With the energy companies its "too diffucult/very complex". Its not.

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You are spot on. It amazes me that robbery on this scale from both Bankers and then doubled down on by politicians doesn't seem to raise an eyebrow with most of the working class. Sheds being broke into appear to be far more an issue to your average worker. Every essential service should be nationalised. As others have said that isn't far left that is firmly in the centre ground for most of the world. I wouldn't Nationalise though as it may be expensive. I would set up competition with a state option and subsidise it so much that all other companies go bust. Use capitalism in workers favour for once. For all I support every protesting and striking worker I still think the Unions are missing a trick with not using workers to move their money and subscriptions en masse to destroy the markets. The timing is perfect for us to do it with energy as they are nearly all the same price. The TUC should ask every worker to move to energy company "X" on a set date. Give it a few months and then move to "Y" and just disrupt the market. Do the same with banks and then supermarkets and any massive corporation that relies on fake competition.

[Stairway 2 7]

These falls are plaster on a stab wound but will fall further. Price cap is based on futures, even when they get it wrong. The *******s knew it would burst eventually but ofgem are in cahoots with the suppliers. If prices continue to fall Energy companies are going to make eye watering profits next year

https://www.standard.co.uk/news/uk/energy-price-cap-forecasts-cut-wholesale-gas-costs-electricity-b1022066.html

Energy bills: Eye-watering price cap forecasts are cut as wholesale costs fall...but worse still to come
Energy consultancy Auxilione has lowered its price cap forecast for next January by £620 to £5,012 and by more than £1,432 to £6,269 for next April

[Moulin Yarns]

These falls are plaster on a stab wound but will fall further. Price cap is based on futures, even when they get it wrong. The *******s knew it would burst eventually but ofgem are in cahoots with the suppliers. If prices continue to fall Energy companies are going to make eye watering profits next year

https://www.standard.co.uk/news/uk/energy-price-cap-forecasts-cut-wholesale-gas-costs-electricity-b1022066.html

Energy bills: Eye-watering price cap forecasts are cut as wholesale costs fall...but worse still to come
Energy consultancy Auxilione has lowered its price cap forecast for next January by £620 to £5,012 and by more than £1,432 to £6,269 for next April

The price cap is just that, the maximum amount that the energy supply companies are allowed to charge, here's hoping that they see sense and start a price war to get new customers.

[Stairway 2 7]

The price cap is just that, the maximum amount that the energy supply companies are allowed to charge, here's hoping that they see sense and start a price war to get new customers.

True but they get away with it a bit saying they bought on future prices which isn't really true. The big problem is many have bought 2 year deals at massive prices fearing huge price rises.

I'm hoping that we copy what the EU is proposing and decouple gas and electricity prices. It's disgusting people who chose to help buying renewable energy and get off gas as much as possible still get hammered.

[Smartie]

True but they get away with it a bit saying they bought on future prices which isn't really true. The big problem is many have bought 2 year deals at massive prices fearing huge price rises.

I'm hoping that we copy what the EU is proposing and decouple gas and electricity prices. It's disgusting people who chose to help buying renewable energy and get off gas as much as possible still get hammered.

Change is required.

It's a colossal political opportunity for parties who have full power over making decisions and who aren't all about shuffling as much money as possible from the population towards those with "investment portfolios" and the like.

[Moulin Yarns]

True but they get away with it a bit saying they bought on future prices which isn't really true. The big problem is many have bought 2 year deals at massive prices fearing huge price rises.

I'm hoping that we copy what the EU is proposing and decouple gas and electricity prices. It's disgusting people who chose to help buying renewable energy and get off gas as much as possible still get hammered.

Tell me about it. I'm nowhere near a gas main so I'm fully electric and my supplier is Bulb with 100% renewables but because everything is linked to oil and gas prices I'm effectively subsidising oil and gas consumers!

[lapsedhibee]

Yes, because the electricity that lives in your kitchen wall knows whether you're using an old or new kettle and deliberately overprices itself if you use an old one. Beginning to think that Truss may not after all turn out to be the most moronic ever prime minister:

https://twitter.com/i/status/1565298102524846080

[Stairway 2 7]

Yes, because the electricity that lives in your kitchen wall knows whether you're using an old or new kettle and deliberately overprices itself if you use an old one. Beginning to think that Truss may not after all turn out to be the most moronic ever prime minister:

https://twitter.com/i/status/1565298102524846080

He obviously means newer ones with a lower energy rating save you money. The more disconnected bit is the fact that saving money ten quid after 3 years of use, is going to help if the bills are up thousands a year. It's a bit let them eat cake, especially when your wallpaper is 600 bar a roll. Absolute clown won't be missed

[lapsedhibee]

He obviously means newer ones with a lower energy rating save you money. The more disconnected bit is the fact that saving money ten quid after 3 years of use, is going to help if the bills are up thousands a year. It's a bit let them eat cake, especially when your wallpaper is 600 bar a roll. Absolute clown won't be missed

What saves you money boiling water is not boiling more than you need, and switching off when boiling point is reached. Nothing to do with how new a kettle is. Kettles without elements that had to be covered have been on the go for at least twenty years, and some brand new kettles still have elements that need to be covered. He's giving out crap advice, possibly paid to do so by a kettle manufacturer.

[Stairway 2 7]

What saves you money boiling water is not boiling more than you need, and switching off when boiling point is reached. Nothing to do with how new a kettle is. Kettles without elements that had to be covered have been on the go for at least twenty years, and some brand new kettles still have elements that need to be covered. He's giving out crap advice, possibly paid to do so by a kettle manufacturer.

Modern eco kettles boil faster and stop quicker can have a lower minimum too. I've read the 10 pound point this week also. Mind you they are dearer so pointless example probably. Even more pointless is thinking mentioning a £10 saving when prices are rising thousands.

[Stairway 2 7]

Germany has gone from 50% of its gas to 10%. Germany has played its blackmail hand well but now its done. Europe should have about enough even if Russia completely stops sales. We need to do more to push our public to use less when they can. Not do what truss did yesterday and brag we won't run out so it's fine

@DanielKral1
Aug 31
EU will get through peak season (Oct-Mar) even with a complete stop to Russian pipeline gas & LNG (total supply down 20% y/y) if YTD savings in gas consumption (down 12%) continue. EU gas storage level hit 80% target 2 months early, will peak 85-90%. But no room for complacency

[lapsedhibee]

Modern eco kettles boil faster and stop quicker can have a lower minimum too.

Agree with some of this, so long as you define 'modern' as 'after WWII'. Boiling a set amount of water faster comes about by using more electricity.

[Stairway 2 7]

Agree with some of this, so long as you define 'modern' as 'after WWII'. Boiling a set amount of water faster comes about by using more electricity.

Take it up with Which that's where I read it, said something about boiling minutes earlier with the same amount of energy. I just use an espresso machine so no arsed either way really

[lapsedhibee]

Take it up with Which that's where I read it, said something about boiling minutes earlier with the same amount of energy. I just use an espresso machine so no arsed either way really

https://pbs.twimg.com/media/Fbk_fmPVUAE4k8b?format=jpg&name=900x900

[Stairway 2 7]

https://pbs.twimg.com/media/Fbk_fmPVUAE4k8b?format=jpg&name=900x900

I'll be honest if it's about kettles I'm not looking at it mate ha

[Stairway 2 7]

A nice look into truss's unusual economic plans which probably won't work

https://mobile.twitter.com/ChrisGiles_/status/1550063433269362689

[Stairway 2 7]

https://www.theguardian.com/business/2022/sep/01/wholesale-gas-prices-fall-europe-plan-winter-energy-crisis?CMP=share_btn_tw

Wholesale gas prices fall as Europe’s plan to avert winter energy crisis takes shape
Price of gas for delivery on Friday drops 21% from Wednesday night’s price of 405p per therm to 320p

[grunt]

https://pbs.twimg.com/media/FbpS_JvX0AABtZK?format=jpg&name=large


Extinction Rebellion supporters have superglued around the Speakers Chair inside the commons chamber.

[Ozyhibby]

https://pbs.twimg.com/media/FbpS_JvX0AABtZK?format=jpg&name=large

Isn’t parliament a citizen’s assembly?


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[grunt]

Isn’t parliament a citizen’s assembly?

Do you feel effectively represented in the UK Parliament?

[wookie70]

Isn’t parliament a citizen’s assembly?


Sent from my iPhone using Tapatalk

A massive number of votes and therefore voters have no value in the electoral system because of FPTP. I'd argue the whole system is created so it isn't a Citizen's Assembly

[Stairway 2 7]

Europe has waited until it has filled up and then started to dictate. Great for energy prices

https://mobile.twitter.com/HenryJFoy/status/1565642197529149441

G7 countries to impose price cap on Russian oil
Henry Foy and Alice Hancock in Brussels, Guy Chazan in Berlin and George Parker in London

The G7 countries are preparing to announce an agreement to implement a price cap on purchases of Russian oil, in a bid to limit the Kremlin’s earnings on exports and reduce financial support for its war against Ukraine.

Finance ministers from the US, UK, France, Germany, Italy, Canada and Japan will back the move at a meeting this afternoon, four officials briefed on the talks told the FT.

The cap would be effective in line with the EU’s embargoes on Russian oil imports: December 5 for crude and February 5 for refined products, one of the officials said.

The move has the support of the European Commission but would need backing from EU member states. Officials said that for it to be most effective, it would require the support of third countries that buy large quantities of Russian oil, such as India.

The G7 in June agreed to explore ways of potentially capping the price of Rus

[silverhibee]

https://pbs.twimg.com/media/FbpS_JvX0AABtZK?format=jpg&name=large

Doesn’t say much for our security when folk can do this.

[wookie70]

What saves you money boiling water is not boiling more than you need, and switching off when boiling point is reached. Nothing to do with how new a kettle is. Kettles without elements that had to be covered have been on the go for at least twenty years, and some brand new kettles still have elements that need to be covered. He's giving out crap advice, possibly paid to do so by a kettle manufacturer.


We have sharpie pen marks on the kettle so water is boiled at the exact amount needed for our mugs. We have children though so they just fire a huge amount in and don't worry about the environment or the cost. I hover waiting for the water to bubble and switch off straight away, sometime a bit earlier for my instant coffee. Good shout about the elements I make sure ours don't need to be covered.

[Stairway 2 7]

Gas too

@nexta_tv
·
The President of the European Commission, Ursula von der Leyen, said that the time has come to impose price restrictions on pipeline gas supplied from #Russia to #Europe.

The EC will take this initiative in the near future

[lapsedhibee]

I hover waiting for the water to bubble and switch off straight away, sometime a bit earlier for my instant coffee.

Good person!

[Since90+2]

Doesn’t say much for our security when folk can do this.

Houses of Parliament is open for tours.

I've been in the House of Commons just like in the picture, you are free to walk around it. Technically, you are not meant to sit on the seats ect but it wouldn't take a criminal mastermind to do what they done.

They have airport style security when you go in, but that's I would assume to check for weapons/explosives, you'd be ae to get away with rolled up paper/signs .

[stoneyburn hibs]

Europe has waited until it has filled up and then started to dictate. Great for energy prices

https://mobile.twitter.com/HenryJFoy/status/1565642197529149441

G7 countries to impose price cap on Russian oil
Henry Foy and Alice Hancock in Brussels, Guy Chazan in Berlin and George Parker in London

The G7 countries are preparing to announce an agreement to implement a price cap on purchases of Russian oil, in a bid to limit the Kremlin’s earnings on exports and reduce financial support for its war against Ukraine.

Finance ministers from the US, UK, France, Germany, Italy, Canada and Japan will back the move at a meeting this afternoon, four officials briefed on the talks told the FT.

The cap would be effective in line with the EU’s embargoes on Russian oil imports: December 5 for crude and February 5 for refined products, one of the officials said.

The move has the support of the European Commission but would need backing from EU member states. Officials said that for it to be most effective, it would require the support of third countries that buy large quantities of Russian oil, such as India.

The G7 in June agreed to explore ways of potentially capping the price of Rus

I smell *****.
I'll still be calling my kettle a **** in six months.

[Stairway 2 7]

British are too timid. There has been riots round the world over energy prices and inflation, this past month.

https://mobile.twitter.com/RadioGenova/status/1565678451914326020
@RadioGenova
People in Naples burn their energy bills and besiege the town hall: "We don't pay the bills! Now it will be chaos!" In Naples they don't joke

https://mobile.twitter.com/home

NEXTA
@nexta_tv
·
17m
A massive anti-government demonstration took place on Wenceslas Square in #Prague. The protesters took to the streets because of rising electricity prices and inflation

https://mobile.twitter.com/WeAreProtestors/status/1556242712340594689
Demonstration in Dhaka, Bangladesh against record fuel price hikes and the country's energy crisis. Protests are happening daily for two weeks.

#Inflation #Bangladesh #Dhaka #EnergyCrisis

https://mobile.twitter.com/terror_alarm/status/1538917400330084353
National strike and demonstration in #Bruxelles against Rrussia's rising cost of living in Europe

https://mobile.twitter.com/kuczynska_zonik/status/1485564373951299586
kuczynska_zonik
#Estonia: a demonstration in Tallinn against high #electricity prices organized

[Moulin Yarns]

British are too timid. There has been riots round the world over energy prices and inflation, this past month.

https://mobile.twitter.com/RadioGenova/status/1565678451914326020
@RadioGenova
People in Naples burn their energy bills and besiege the town hall: "We don't pay the bills! Now it will be chaos!" In Naples they don't joke

https://mobile.twitter.com/home

NEXTA
@nexta_tv
·
17m
A massive anti-government demonstration took place on Wenceslas Square in #Prague. The protesters took to the streets because of rising electricity prices and inflation

https://mobile.twitter.com/WeAreProtestors/status/1556242712340594689
Demonstration in Dhaka, Bangladesh against record fuel price hikes and the country's energy crisis. Protests are happening daily for two weeks.

#Inflation #Bangladesh #Dhaka #EnergyCrisis

https://mobile.twitter.com/terror_alarm/status/1538917400330084353
National strike and demonstration in #Bruxelles against Rrussia's rising cost of living in Europe

https://mobile.twitter.com/kuczynska_zonik/status/1485564373951299586
kuczynska_zonik
#Estonia: a demonstration in Tallinn against high #electricity prices organized

You need to get off the weird twitter feeds, I mean, I looked at the one from 'Brussels' and it is something about terror and has an Israeli flag. I wonder how the actual news sites in these countries are reporting the widespread riots?

I don't doubt that there are protests but I'd rather believe news reports.

[Stairway 2 7]

You need to get off the weird twitter feeds, I mean, I looked at the one from 'Brussels' and it is something about terror and has an Israeli flag. I wonder how the actual news sites in these countries are reporting the widespread riots?

I don't doubt that there are protests but I'd rather believe news reports.

What are you slavering about. It was a cost of living protest ran by the trade unions in Brussels, it was reported everywhere
https://www.reuters.com/world/europe/belgium-hit-by-protests-over-cost-living-spike-2022-06-20/

[Moulin Yarns]

What are you slavering about. It was a cost of living protest ran by the trade unions in Brussels, it was reported everywhere
https://www.reuters.com/world/europe/belgium-hit-by-protests-over-cost-living-spike-2022-06-20/

Well done. That's a better link than the Israeli terror twitter account

[Stairway 2 7]

Well done. That's a better link than the Israeli terror twitter account

Doesn't really matter where it comes from the fact is people round the world are protesting. Lots of countries are doing more fire their populations also. Yet all we do is complain online, there should be protests by now

[Ozyhibby]

https://news.stv.tv/north/brewdog-shuts-six-bars-in-aberdeen-motherwell-peterhead-and-london-over-rising-energy-costs?utm_medium=Social&utm_source=Twitter#Echobox=1662226739-1

Pubs closing


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[Crunchie]

Doesn't really matter where it comes from the fact is people round the world are protesting. Lots of countries are doing more fire their populations also. Yet all we do is complain online, there should be protests by now
Pot and kettle?

[Stairway 2 7]

Pot and kettle?

I'm in discussions as part of the union with us striking this month. Also in the works cost of living team that's been set up, although I think the second one is kidology from what has happened so far. Although I've got some good links to support available and money saving tips if anyone wants to pm me.

But yeah I'm as guilty as anyone as there's dozens more demonstrations I could link, on every continent. But we aren't on the streets somehow, although we are having it worse than many.

I'm excited about the enough is enough campaign, the rallies in Manchester and Liverpool this week looked tremendous. 500,000 members in weeks with no investment from outside sources is brilliant. The strikes have also been wonderful to see. There was an opinion that the unions were done, but there death has been greatly exaggerated

[Stairway 2 7]

What an horrible stat

Howard Beckett
@BeckettUnite
Sweden, Norway, Denmark, Iceland and (soon) France all own 100% of their largest green energy providers. In the UK we own 0.07%

[Kato]

What an horrible stat

Howard Beckett
@BeckettUnite
Sweden, Norway, Denmark, Iceland and (soon) France all own 100% of their largest green energy providers. In the UK we own 0.07%It is a horrible stat. Not pulling you up on describing that it that way as its often presented that way, a statistic that describes just the way things are.

It could be described in many ways but it describes an ideological arrangement created by the Tory Party and its backers.

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[Ozyhibby]

https://twitter.com/wisheart12/status/1566149405543219201?s=21&t=ZNzbtPikWllcvnGmSFgAFw


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[Ged]

Why are Putin/Gazprom continuing with the charade that there are maintenance issues with the gas pipeline? Why don't they just tell the truth and say that it's their ball and they're keeping it?

[The Tubs]

Why are Putin/Gazprom continuing with the charade that there are maintenance issues with the gas pipeline? Why don't they just tell the truth and say that it's their ball and they're keeping it?

So they can say that sanctions mean they are unable to properly maintain the pipeline. There could actually be some truth in that. I suppose there will be some contractual reasons too.

[Stairway 2 7]

Why are Putin/Gazprom continuing with the charade that there are maintenance issues with the gas pipeline? Why don't they just tell the truth and say that it's their ball and they're keeping it?

EU about to say we don't need your ball. Going to put a price cap on Russian gas tomorrow. Some very good policies planned

https://mobile.twitter.com/BurggrabenH/status/1566531861807071233

[makaveli1875]

Why are Putin/Gazprom continuing with the charade that there are maintenance issues with the gas pipeline? Why don't they just tell the truth and say that it's their ball and they're keeping it?

Putin isn’t exactly famous for speaking the truth is he . Pretty much every time he speaks he tells lies

[Stairway 2 7]

Good thread on the upcoming energy bills and how they compare to the past, also cost of interventions

https://mobile.twitter.com/EdConwaySky/status/1563178330123550727

[DH1875]

Protests happening all over Europe but nothing in the news here about it.

[makaveli1875]

Protests happening all over Europe but nothing in the news here about it.

Maybe we’re waiting to see what the new PM is going to do about it . If it’s not going to cut the mustard I’d expect some protesting and maybe the odd riot to break out here

[PeeJay]

Protests happening all over Europe but nothing in the news here about it.

You sure?
The Guardian, The Daily Express, Daily Mail and the BBC alone have posted news about the protests :confused:

[Ozyhibby]

https://twitter.com/visegrad24/status/1566794292600922113?s=21&t=39H9SG7bsqM9ILBDWQaFiw

Gas supplies from Russia now totally cut.


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[JimBHibees]

A massive number of votes and therefore voters have no value in the electoral system because of FPTP. I'd argue the whole system is created so it isn't a Citizen's Assembly

Absolutely

[Chorley Hibee]

All this talk of an energy price freeze, as if that's an end to the problem and something we should be grateful for.

It's already out of control, it's price reductions that are required, not a freeze.

[stu in nottingham]

My energy bill has already doubled and paid the first debit at the new rate. But late for a freeze. Maybe they could have done something to help during the past 55 days they've been f***ing about not running the country.

[hibsbollah]

My energy bill has already doubled and paid the first debit at the new rate. But late for a freeze. Maybe they could have done something to help during the past 55 days they've been f***ing about not running the country.

Don't worry, theres a simple solution, Edwina Currie told me. You just have to move your sofa so its not blocking off the radiator and you get tonnes more heat. Who ****ing knew eh.

[Paulie Walnuts]

My energy bill has already doubled and paid the first debit at the new rate. But late for a freeze. Maybe they could have done something to help during the past 55 days they've been f***ing about not running the country.

Yup. It’s absolutely ridiculous that we’ve went so long with no action.

I’ve fixed for the next year because there appeared to be no help forthcoming.

If I’ve fixed at £310 a month when I didn’t need to I’ll be ****ing raging.

[Stairway 2 7]

Yup. It’s absolutely ridiculous that we’ve went so long with no action.

I’ve fixed for the next year because there appeared to be no help forthcoming.

If I’ve fixed at £310 a month when I didn’t need to I’ll be ****ing raging.

If the energy cap is 1900 like they are would some bills like yours not be above and have to be lowered

[Stairway 2 7]

Going to make furlough look like sweeties. We need to push less consumption. The rich won't cut down with a price freeze although obviously needed for lower incomes. The price for 18 months support. Fair play they certainly aren't doing nothing


Javier Blas
@JavierBlas
The size of the UK energy bail-out is off-the charts. According to
@alexwickham
, on top of the £130 billion to freeze household energy bills, Liz Truss is mulling another £40 billion for small business.

The ~£170 billion equals to the annual NHS budget, and it's >5% of GDP

[Kato]

Going to make furlough look like sweeties. We need to push less consumption. The rich won't cut down with a price freeze although obviously needed for lower incomes. The price for 18 months support. Fair play they certainly aren't doing nothing


Javier Blas
@JavierBlas
The size of the UK energy bail-out is off-the charts. According to
@alexwickham
, on top of the £130 billion to freeze household energy bills, Liz Truss is mulling another £40 billion for small business.

The ~£170 billion equals to the annual NHS budget, and it's >5% of GDPAll going to pay the energy companies profits. Theft on a huge scale which the tax payers end up paying.

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[Stairway 2 7]

All going to pay the energy companies profits. Theft on a huge scale which the tax payers end up paying.

Sent from my SM-A528B using Tapatalk

Yep but needed. Should have been a windfall

[Stairway 2 7]

Wonder what the price of nationalising would be

[Paulie Walnuts]

If the energy cap is 1900 like they are would some bills like yours not be above and have to be lowered

That’s true, I’m not sure how that would work.

[Moulin Yarns]

That’s true, I’m not sure how that would work.

Ignore the figures like 1900, look at the actual unit rate


https://www.ofgem.gov.uk/information-consumers/energy-advice-households/check-if-energy-price-cap-affects-you



To give some context, I'm all electric and this month my direct debit is £305, that's £3660 a year on the current price cap.

[Stairway 2 7]

So this will come at a 20 year loan that we will all pay in increased bills ha, the Tory way

[Stairway 2 7]

Ignore the figures like 1900, look at the actual unit rate


https://www.ofgem.gov.uk/information-consumers/energy-advice-households/check-if-energy-price-cap-affects-you



To give some context, I'm all electric and this month my direct debit is £305, that's £3660 a year on the current price cap.

You use more energy than most homes, can you get solar as would be worth it

[Moulin Yarns]

You use more energy than most homes, can you get solar as would be worth it

I should have added that I'm in credit and reduced my DD from £456 as it's better in my account.

Yep, I'd like to get solar panels, but my wife needs some convincing. The roof faces east and west, so not ideal.

[Stairway 2 7]

I should have added that I'm in credit and reduced my DD from £456 as it's better in my account.

Yep, I'd like to get solar panels, but my wife needs some convincing. The roof faces east and west, so not ideal.

Can you still get the loan as a disgrace if not, if the individual can help themselves then it benefits everyone. If the prices stay mental it will definitely pay dividends getting them, especially as I'm sure you said you had an electric car. It seems there is constant barriers to being green unfortunately

[Ozyhibby]

So this will come at a 20 year loan that we will all pay in increased bills ha, the Tory way

Even people who have solar panels will have to pay for everyone else’s electricity.


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[GlesgaeHibby]

I should have added that I'm in credit and reduced my DD from £456 as it's better in my account.

Yep, I'd like to get solar panels, but my wife needs some convincing. The roof faces east and west, so not ideal.

East and West facing isn't a bad situation if you can get some on each side of the roof. You won't get the same peak in generation that a South facing roof gives you, but you would get a smoother generation profile over the course of the day.

[hibsbollah]

All going to pay the energy companies profits. Theft on a huge scale which the tax payers end up paying.

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BBC/ITV/Sky’s editorial position is, don’t talk about energy companies and their profits. It’s so obvious.

[Kato]

BBC/ITV/Sky’s editorial position is, don’t talk about energy companies and their profits. It’s so obvious."We've discussed everything."

No you ain't. Transparent enablers.

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[hibsbollah]

"We've discussed everything."

No you ain't. Transparent enablers.

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So many billions. Just one firm. Just one month.

https://amp.theguardian.com/business/2022/aug/02/bp-profits-oil-prices-ukraine-war-energy-prices-cost-of-living-crisis

[Stairway 2 7]

So many billions. Just one firm. Just one month.

https://amp.theguardian.com/business/2022/aug/02/bp-profits-oil-prices-ukraine-war-energy-prices-cost-of-living-crisis

We sold our soul to them with our gas and oil and are doing it again with renewable contracts that will make them billions

[Stairway 2 7]

Europe won't go back to russia in the same way now they have other routes. Everyone is investing heavily in self sufficiency and hopefully will push green further.

https://mobile.twitter.com/JayinKyiv/status/1567087612485111811

With the US and others now flooding gas into Europe, even Putin's "nuclear option" didn't work.

EU gas price now down -37% from 2 weeks ago.

It's over

[Stairway 2 7]

victor__jack
·
9h
EU to propose 5 "immediate" measures on energy crisis:
1⃣ Price cap on 🇷🇺 gas
2⃣"Mandatory target" for reducing power use at peak hours
3⃣Cap on € of companies producing energy at "low cost"
4⃣"Solidarity contribution" from fossil fuel giants
5⃣"Liquidity support" for utilities twitter.com/POLITICOEurope

[Stairway 2 7]

Ben Riley-Smith
@benrileysmith
🚨BREAKING: The fracking ban will be scrapped **tomorrow**. Planning requests for new drilling expected within weeks. Major change in UK energy rules. More in
@Telegraph

[Moulin Yarns]

Ben Riley-Smith
@benrileysmith
🚨BREAKING: The fracking ban will be scrapped **tomorrow**. Planning requests for new drilling expected within weeks. Major change in UK energy rules. More in
@Telegraph

At least we don't have to put up with that in Scotland.

[Ozyhibby]

At least we don't have to put up with that in Scotland.

We’ll get the climate change regardless though.


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[Moulin Yarns]

We’ll get the climate change regardless though.


Sent from my iPhone using Tapatalk

True.


As for the 'help' to be announced today, will there be any 'levelling up' so that someone in Shetland pays the same rate as someone in Southwark? Somehow I don't think so.

[Callum_62]

Be intersting to see what's announced

My fixed electricity tariff is finishing soon and just received this https://uploads.tapatalk-cdn.com/20220908/b78bac8dd70ac0039dd041928c9f40bc.jpg

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[Mr Grieves]

Ben Riley-Smith
@benrileysmith
��BREAKING: The fracking ban will be scrapped **tomorrow**. Planning requests for new drilling expected within weeks. Major change in UK energy rules. More in
@Telegraph


The new chancellor wasn't keen on fracking a few months ago .I wonder what he thinks now :hmmm:

https://twitter.com/PippaCrerar/status/1567659541822672897?t=1TmS7Syraws0TnZZ_DFqHA&s=19

[degenerated]

At least we don't have to put up with that in Scotland.They might decide to override devolution with this one.

[Ged]

My understanding of the proposed £2500 price cap is that the energy company borrows from the government and it's paid back through our bills over 10 - 20 years.

What's to stop a new energy company setting up next year, without the loan against them, and therefore they won't apply that additional charge?

As it is, I wouldn't be surprised if it's paid back much earlier than that by a windfall tax on energy companies as soon as Labour get in again.

[Smartie]

They might decide to override devolution with this one.

If they decided to override devolution to blow up the ground beneath our houses, I would give serious consideration to changing the direction of my life towards one that was dedicated to blowing up the very houses that they live in.

[SHODAN]

They might decide to override devolution with this one.

They could abolish Holyrood and impose direct rule and 40% of the population would shrug their shoulders.

[Ozyhibby]

They could abolish Holyrood and impose direct rule and 40% of the population would shrug their shoulders.

‘Pretendy parliament’ anyway. Just like it’s ‘Pretendy embassies’ now.


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[Moulin Yarns]

My understanding of the proposed £2500 price cap is that the energy company borrows from the government and it's paid back through our bills over 10 - 20 years.

What's to stop a new energy company setting up next year, without the loan against them, and therefore they won't apply that additional charge?

As it is, I wouldn't be surprised if it's paid back much earlier than that by a windfall tax on energy companies as soon as Labour get in again.

Love the spin!!!


BREAKING
'Plan to save average household 1,000 a year'
The plan will save the average household £1,000 a year, Truss says, and comes in addition to the £400 energy bills discount that has previously been announced.

The prime minister says this guarantee will include a suspension of green levies. A typical household will pay no more than £2500 each year for the next two years.

This guarantee supersedes the Ofgem price cap, and has been agreed with energy price retailers



Let's save the average household by increasing the price cap by not as much as was expected!! 🙄


If anyone believes that paying more equals a saving then they need to adjust the zip at the back of their head.

[Moulin Yarns]

If they decided to override devolution to blow up the ground beneath our houses, I would give serious consideration to changing the direction of my life towards one that was dedicated to blowing up the very houses that they live in.

They can override devolution but would any local planning authority approve any application to frack in the central belt?

[Moulin Yarns]

https://twitter.com/MartinSLewis/status/1567829040102342656?t=XN-PclMkqwDUJaNccf5jAg&s=19

Martin Lewis guide.

[Paul1642]

Love the spin!!!


BREAKING
'Plan to save average household 1,000 a year'
The plan will save the average household £1,000 a year, Truss says, and comes in addition to the £400 energy bills discount that has previously been announced.

The prime minister says this guarantee will include a suspension of green levies. A typical household will pay no more than £2500 each year for the next two years.

This guarantee supersedes the Ofgem price cap, and has been agreed with energy price retailers



Let's save the average household by increasing the price cap by not as much as was expected!! 🙄


If anyone believes that paying more equals a saving then they need to adjust the zip at the back of their head.

To be fair with the average price going up by approx £500 per year with a £400 government payment means the average household fuel bill will only go up by £100 a year, or £8 a month. That is well in line with pay rises of around 5%.

That and the fact that the average will be driven up larger households who use more electricity and gas, my take on it is that a small household who use below the average amount will actually be better off. At lest for the next year anyway.

Factor in the payment that low income households have received and it actually looks pretty good to me (short term).

That’s my understanding of things anyway and the Martin Lewis link posted above seems to say the same.

[Kato]

Does the legislation cover businesses/hospitals/care homes?

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[Steven79]

If they decided to override devolution to blow up the ground beneath our houses, I would give serious consideration to changing the direction of my life towards one that was dedicated to blowing up the very houses that they live in.Count me in if you do...

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[Ged]

Love the spin!!!



You've lost me. What am I spinning?

[Moulin Yarns]

To be fair with the average price going up by approx £500 per year with a £400 government payment means the average household fuel bill will only go up by £100 a year, or £8 a month. That is well in line with pay rises of around 5%.



I'll point out that nowhere is this saving anyone £1,000 as the BBC are spinning it.

[Moulin Yarns]

You've lost me. What am I spinning?

Not you, the BBC.
The BBC is spinning the rise in the price cap as a saving of £1,000.

[cabbageandribs1875]

https://scontent.fman1-1.fna.fbcdn.net/v/t39.30808-6/305956192_5815559898478472_118006690175837725_n.jp g?_nc_cat=111&ccb=1-7&_nc_sid=9267fe&_nc_ohc=yfkFu_S5aMcAX9VuODq&_nc_ht=scontent.fman1-1.fna&oh=00_AT8vLqn14k14afG6WROKqPkVTcsCPdEGVxB5nvkG9jj1 wA&oe=631DE791

[grunt]

Not you, the BBC.
The BBC is spinning the rise in the price cap as a saving of £1,000.
Douglas Ross said the same thing. Liars the lot of them.

[Ged]

Spin or no spin, I've just reduced my DD from £275 to £200 a month. And it'll probably go lower once the dust settles.

[danhibees1875]

Not you, the BBC.
The BBC is spinning the rise in the price cap as a saving of £1,000.

Was the 80% increase for October confirmed? It's a saving compared to what it was due to be then, no? :dunno:

I don't think the wording used here warrants the outcry really. It's gone up a chunk, and it was go up a bit still, but not by as much as it was going to when following the price cap.

[Moulin Yarns]

Was the 80% increase for October confirmed? It's a saving compared to what it was due to be then, no? :dunno:

I don't think the wording used here warrants the outcry really. It's gone up a chunk, and it was go up a bit still, but not by as much as it was going to when following the price cap.

If the average household is currently paying £1975 a year and the amount goes up to £2,500 and we are being told that is a saving of £1,000 then we all need to review our arithmetic qualifications!!!

[Ged]

A useful video from Martin Lewis. Worth watching......

https://twitter.com/i/status/1567846467850706944

[Callum_62]

If the average household is currently paying £1975 a year and the amount goes up to £2,500 and we are being told that is a saving of £1,000 then we all need to review our arithmetic qualifications!!!

I see your point

basically we are paying a **** tonne more than we used to but also a **** tonne less than what was forecast to come in

"saving" if you want to spin it

[danhibees1875]

If the average household is currently paying £1975 a year and the amount goes up to £2,500 and we are being told that is a saving of £1,000 then we all need to review our arithmetic qualifications!!!

I see you ignored my point. :greengrin

[Moulin Yarns]

I see you ignored my point. :greengrin

The point is, the revised price cap of £2,500 is around £1,000 less than it was predicted to be in October. In no way is that the saving the tories and their mouthpiece the BBC has proclaimed. It is a rise of more than £500

[degenerated]

They could abolish Holyrood and impose direct rule and 40% of the population would shrug their shoulders.I think you do disservice to the 40%, they would tie themselves in knots trying to spin it as a benefit of the broad shoulders of the union.

[Ged]

How does the £400 payment work? Is it paid into your bank account or does it come off your bill?

[degenerated]

They can override devolution but would any local planning authority approve any application to frack in the central belt?With Tory and Labour coalition councils you can be sure they would support anything opposed by the Scottish Government.

[nonshinyfinish]

How does the £400 payment work? Is it paid into your bank account or does it come off your bill?

IIRC it will be credited to your energy account by your supplier.

[danhibees1875]

The point is, the revised price cap of £2,500 is around £1,000 less than it was predicted to be in October. In no way is that the saving the tories and their mouthpiece the BBC has proclaimed. It is a rise of more than £500

Throw in the £400 and it's a rather small -further- increase.

It's up from what it was, and it's a saving on what it was meant to be. I don't see the problem in reporting it as such.
It's not praise of Truss/Tories/Government - it's about the bare minimum they simply had to do, and arguably they've still went around it wrong way (loan rather than tax).

[grunt]

With Tory and Labour coalition councils you can be sure they would support anything opposed by the Scottish Government.
It would be a brave move by a Tory/Lab coalition council to override the ScotGov ban on fracking and to introduce fracking into their own council area ...

[Moulin Yarns]

Throw in the £400 and it's a rather small -further- increase.

It's up from what it was, and it's a saving on what it was meant to be. I don't see the problem in reporting it as such.
It's not praise of Truss/Tories/Government - it's about the bare minimum they simply had to do, and arguably they've still went around it wrong way (loan rather than tax).

I'm sure you understand that spending more than you did before, however small, is in no way a saving. The dictionary is very clear.

[Mon Dieu4]

How does the £400 payment work? Is it paid into your bank account or does it come off your bill?

Think it depends on who you are with, I thought they would do something sensible like credit your account with the energy provider with the monthly amount but with British Gas they are making you pay your payment as normal then a couple of days later they are crediting your bank account with the £66 odd, if your energy bill is less than that then they credit your energy account with the difference

[Ozyhibby]

https://twitter.com/tomdrogers1/status/1567922274355003392?s=46&t=9rKendD005UMyFKqPcwLAg

It’s all insignificant now. Does this mean that we won’t get any bills now that the Queen has died?


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[OldEast]

https://twitter.com/tomdrogers1/status/1567922274355003392?s=46&t=9rKendD005UMyFKqPcwLAg

It’s all insignificant now. Does this mean that we won’t get any bills now that the Queen has died?


Sent from my iPhone using Tapatalk

Probably the most disgraceful comment of the day from BBC presenter. Cap doffing sycophancy.

[wookie70]

Wonder what the price of nationalising would beZero or close to zero. I think we already own bulb. By energy at market rate and sell at fair affordable price. Everyone will join and you are now nationalised. Now start creating lots of energy production funded and owned by the state and you have creation, supply and distribution. It would cost tax but we would actually own and control for that cost not just pee up against a wall

[Stairway 2 7]

Zero or close to zero. I think we already own bulb. By energy at market rate and sell at fair affordable price. Everyone will join and you are now nationalised. Now start creating lots of energy production funded and owned by the state and you have creation, supply and distribution. It would cost tax but we would actually own and control for that cost not just pee up against a wall

There isn't that much profit in the distribution side, hence they all went bust last year bulb ect. Its the wholesale prices that have caused the rise and where the eye watering profits are. We ****** up royaly giving away the profits to oil and gas, sickening capitalism of our resources. Scot and UK gov have done again with our renewables Its heartbreaking.

These ******g neoliberal governments love to keep BP lads in prada as we freeze

[hibsbollah]

Probably the most disgraceful comment of the day from BBC presenter. Cap doffing sycophancy.

Credit to Damien Gramaticus who quickly moved to correct Myrie to say the news ‘overshadowed’ the cost of living statement.

[Speedy]

The point is, the revised price cap of £2,500 is around £1,000 less than it was predicted to be in October. In no way is that the saving the tories and their mouthpiece the BBC has proclaimed. It is a rise of more than £500

Plus 'we' are still paying the extra. Just indirectly.

[Stairway 2 7]

We import almost half of our gas, whether we like it or not we have to pay world wholesale prices. The same as every country in Europe. That is where the massive rise is. Without subsidies we would be paying the 5k a year or whatever next year. Every nation has to decide how they pay it as the public can't afford that hit.

The £47 billion the uk is paying is good but not enough so no choice but a cap, labour and snp were calling for this. It should have had a windfall tax added that I believe would have covered a third.

The rest had to come from government and we pay it the same way we do nhs or university places ect. I'd wished it came from with privatisation but none of the major parties seem up for that

[HibsGW]

We import almost half of our gas, whether we like it or not we have to pay world wholesale prices. The same as every country in Europe. That is where the massive rise is. Without subsidies we would be paying the 5k a year or whatever next year. Every nation has to decide how they pay it as the public can't afford that hit.

The £47 billion the uk is paying is good but not enough so no choice but a cap, labour and snp were calling for this. It should have had a windfall tax added that I believe would have covered a third.

The rest had to come from government and we pay it the same way we do nhs or university places ect. I'd wished it came from with privatisation but none of the major parties seem up for that

Why is most of Europe faring so much better though? Our prices have hiked faster than everywhere else.

[Stairway 2 7]

Why is most of Europe faring so much better though? Our prices have hiked faster than everywhere else.

We are depend on gas more. But mainly because the price you see in these comparison online are consumer prices after government intervention. The other nations announced they were subsidising ages ago. We pissed about for months on leadership election before sorting the price. Wholesale gas prices are the same for those that buy, obviously less for Norway which privatised production

[hibsbollah]

…and on top of the price cap…

https://amp.theguardian.com/business/2022/sep/08/bank-of-england-to-lend-uk-energy-companies-as-much-as-40bn

It’s a theft from the public purse to cover shareholders.

[stu in nottingham]

Spin or no spin, I've just reduced my DD from £275 to £200 a month. And it'll probably go lower once the dust settles.

Can I ask did you call your supplier to request a reduction on your DD or did they do it automatically? Thanks.


Think it depends on who you are with, I thought they would do something sensible like credit your account with the energy provider with the monthly amount but with British Gas they are making you pay your payment as normal then a couple of days later they are crediting your bank account with the £66 odd, if your energy bill is less than that then they credit your energy account with the difference

My understanding is that it will be the same from all suppliers. 'A few days after' your payment date an installment of the £400 will be credited to your account by your supplier.. In Oct and Nov it will be £67 each month and the following four months £66.

[Ged]

Can I ask did you call your supplier to request a reduction on your DD or did they do it automatically? Thanks.



I did it myself online, but it looks like they've stopped people being able to adjust it downwards since then.

[Ozyhibby]

…and on top of the price cap…

https://amp.theguardian.com/business/2022/sep/08/bank-of-england-to-lend-uk-energy-companies-as-much-as-40bn

It’s a theft from the public purse to cover shareholders.

Funny how they are not keen on capitalism sometimes?[emoji849]
Still, if we keep accepting it then who can blame them.


Sent from my iPhone using Tapatalk

[hibsbollah]

Funny how they are not keen on capitalism sometimes?[emoji849]
Still, if we keep accepting it then who can blame them.


Sent from my iPhone using Tapatalk

Capitalism for the poor, socialism for the rich, is the western economic model and it has been for decades now. Chomsky has been right for a long time. This is what happens when you start believing in trickle down economics and similar fairy tales.

[wookie70]

Unit prices announced. Expect yours to be more if in Scotland. Absolutely nothing in the last few days about reducing usage like many other countries are doing. Shameless
https://www.gov.uk/government/publications/energy-bills-support/energy-bills-support-factsheet-8-september-2022#:~:text=The%20average%20unit%20price%20for,on %20time%20for%201%20October

[Ged]

Unit prices announced. Expect yours to be more if in Scotland. Absolutely nothing in the last few days about reducing usage like many other countries are doing. Shameless
https://www.gov.uk/government/publications/energy-bills-support/energy-bills-support-factsheet-8-september-2022#:~:text=The%20average%20unit%20price%20for,on %20time%20for%201%20October

Why will it be more in Scotland?

[Moulin Yarns]

Why will it be more in Scotland?

It's always more in Scotland than, say, London.

[Ged]

It's always more in Scotland than, say, London.

Eh?

[wookie70]

Eh?

It is a statement of fact. Hard to explain as it makes no sense. Energy and standard charges are usually more expensive in Scotland than most other regions of the UK.

[Stairway 2 7]

It is a statement of fact. Hard to explain as it makes no sense. Energy and standard charges are usually more expensive in Scotland than most other regions of the UK.

Is it not to do with getting power to a much more remote population, Highlands and Islands ect. Not sure though

[wookie70]

Is it not to do with getting power to a much more remote population, Highlands and Islands ect. Not sure though

Quite a bit will come from there though so not sure that is a good reason. Electricity in particular much be generated in teh north of Scotland but it has far higher prices than the south.

I get infrastructure may cost more per capita in such rural and hilly places but I don't know if there has been major upgrades to distribution that need to be paid for or previous upgrades that are still being paid for Even then that should be equalised across the market and not borne by a specific part. If I live in a new build where a new pipeline was required do my bills reflect that additional cost.

The energy market is privatised and has been for decades. Therefore it follows it is broken and designed to extract as much profit and only deal with longevity of that profit rather than infrastructure or the environment. It is a no brainer that it should all be publicly owned but unfortunately there isn't much in teh way of brain power used when choosing those that could change that.

[grunt]

Not sure about this "dearer in Scotland" for consumers. If I'm a Scottish Power customer in Brighton I'm going to be on the same tariff as a Scottish Power customer in Glasgow, I think?

It is true that Scottish connection charges to the grid for energy generators are higher in Scotland than the rest of the UK, and that IS bad and should be changed, but that doesn't affect retail customers.

[Moulin Yarns]

OK Guys, a bit of explanation.

I'm with bulb, my postcode is PH16 5??


standing charge 50.1406p per day (£183.01 per year)




As a comparison I did Television Centre in London Postcode W1A 1AA




standing charge 32.2276p per day (£117.63 per year)



Anybody want to explain why I can see 2 Hydro schemes and a wind farm from my garden yet it's costing more to 'connect' me?


EDIT

Scottish Power

London 32.14p per day (£117.31)

Pitlochry 50.05p per day (£182.68)

[grunt]

Anybody want to explain why I can see 2 Hydro schemes and a wind farm from my garden yet it's costing more to 'connect' me?
Wow. Didn't know this.

[marinello59]

Capitalism for the poor, socialism for the rich, is the western economic model and it has been for decades now. Chomsky has been right for a long time. This is what happens when you start believing in trickle down economics and similar fairy tales.

That’s the system that both of our Governments are dedicated to retaining.

[GlesgaeHibby]

Unit prices announced. Expect yours to be more if in Scotland. Absolutely nothing in the last few days about reducing usage like many other countries are doing. Shameless
https://www.gov.uk/government/publications/energy-bills-support/energy-bills-support-factsheet-8-september-2022#:~:text=The%20average%20unit%20price%20for,on %20time%20for%201%20October

Thanks for sharing - the info on fixed tariff's seems odd.

I went onto a fix in June (went for certainty as the £400 discount which had been announced meant I would effectively be paying the same as I was before the fix, and gave peace of mind).

My fix is slightly more than the unit rates set out in the Energy Price Guarantee. Folk on a variable tariff will be capped at 34p/kWh for electricity under the guarantee. But if you're on a fix at 35p/kWh it seems you'll pay 18p/kWh (with 17p deducted per unit). Surely that can't be right - why would it be a flat rate for the discount per unit given people on fixed tariffs will all be paying different unit rates.

If you’re on a fixed tariff

If you’re on a fixed tariff at a higher rate caused by recent energy price rises, your unit prices will be reduced by 17p/kWh for electricity and 4.2p/kWh for gas.
These unit prices have been passed to suppliers to ensure that they are used to calculate bills on time for 1 October.
Energy suppliers will adjust fixed tariffs automatically. Customers on fixed tariffs do not need to take any action to get the benefits of this scheme.

[wookie70]

Not sure about this "dearer in Scotland" for consumers. If I'm a Scottish Power customer in Brighton I'm going to be on the same tariff as a Scottish Power customer in Glasgow, I think?

It is true that Scottish connection charges to the grid for energy generators are higher in Scotland than the rest of the UK, and that IS bad and should be changed, but that doesn't affect retail customers.

No they will likely be cheaper in London and they may have more products available

[wookie70]

Thanks for sharing - the info on fixed tariff's seems odd.

I went onto a fix in June (went for certainty as the £400 discount which had been announced meant I would effectively be paying the same as I was before the fix, and gave peace of mind).

My fix is slightly more than the unit rates set out in the Energy Price Guarantee. Folk on a variable tariff will be capped at 34p/kWh for electricity under the guarantee. But if you're on a fix at 35p/kWh it seems you'll pay 18p/kWh (with 17p deducted per unit). Surely that can't be right - why would it be a flat rate for the discount per unit given people on fixed tariffs will all be paying different unit rates.

If you’re on a fixed tariff

If you’re on a fixed tariff at a higher rate caused by recent energy price rises, your unit prices will be reduced by 17p/kWh for electricity and 4.2p/kWh for gas.
These unit prices have been passed to suppliers to ensure that they are used to calculate bills on time for 1 October.
Energy suppliers will adjust fixed tariffs automatically. Customers on fixed tariffs do not need to take any action to get the benefits of this scheme.

No idea but could it be the deductions are from what the price is before the latest Government intervention. So fixed on a price that was based on the expected tariff for Oct.(which is now much lower) For me, part of this should be that consumers could break any contract. many suppliers broke contracts with consumers with no comeback so that should cut both ways.

[hibsbollah]

That’s the system that both of our Governments are dedicated to retaining.

Agreed.

[Mr Grieves]

That’s the system that both of our Governments are dedicated to retaining.

And the opposition to both governments:dunno:

[marinello59]

And the opposition to both governments:dunno:

Yeap. Nothing radical about them either, same old same old.

[hibsbollah]

I think we’ve cracked the code :greengrin

‘The least bad option’ of governance isn’t really good enough anymore.

[Glory Lurker]

That’s the system that both of our Governments are dedicated to retaining.

Holyrood is entirely subservient to London. It relies on Westminster for cash. It is limited in what it can do. You're comparing apples with oranges.

[GlesgaeHibby]

No idea but could it be the deductions are from what the price is before the latest Government intervention. So fixed on a price that was based on the expected tariff for Oct.(which is now much lower) For me, part of this should be that consumers could break any contract. many suppliers broke contracts with consumers with no comeback so that should cut both ways.

Tbf to British Gas they have emailed to say I can switch to the standard variable rate from the fixed tariff without an exit fee.

The way the government fact sheet is worded just now though suggests a large discount for those on fixed tariffs, if your fixed tariff rates are higher than the new £2.5k tariff levels. Presumably they've got a floor price built in though so it's up to 17p/kWh discount on electricity rather than a flat discount. This has got to ensure it's fair for those across the board - whether on a fix or variable tariff. Hopefully it also means standing charges are a flat rate across the board too.

[lucky]

Holyrood is entirely subservient to London. It relies on Westminster for cash. It is limited in what it can do. You're comparing apples with oranges.

But that’s not true, the Scottish Government has the ability to do more with its powers but chooses not too. The SG could easily make Scotland’s tax system progressive. In fact if Truss sticks to her word are reduces NI by 1.25% then Sturgeon could easily raise income tax by 1% for higher rat tax payers and everyone would still better of than they are just now. We need Holyrood to show how it can use its full powers before demanding more.

[Stairway 2 7]

But that’s not true, the Scottish Government has the ability to do more with its powers but chooses not too. The SG could easily make Scotland’s tax system progressive. In fact if Truss sticks to her word are reduces NI by 1.25% then Sturgeon could easily raise income tax by 1% for higher rat tax payers and everyone would still better of than they are just now. We need Holyrood to show how it can use its full powers before demanding more.

It's weird that is often said that Scotland is tied to what Westminster gives it, when as you say it can raise tax

[Glory Lurker]

But that’s not true, the Scottish Government has the ability to do more with its powers but chooses not too. The SG could easily make Scotland’s tax system progressive. In fact if Truss sticks to her word are reduces NI by 1.25% then Sturgeon could easily raise income tax by 1% for higher rat tax payers and everyone would still better of than they are just now. We need Holyrood to show how it can use its full powers before demanding more.

I agree that the Scottish Government should increase tax. What I made a poor attempt to say was that Scotland can't make any significant move away from the UK's take on capitalism while part of that state.

[grunt]

But that’s not true, the Scottish Government has the ability to do more with its powers but chooses not too. The SG could easily make Scotland’s tax system progressive.


It's weird that is often said that Scotland is tied to what Westminster gives it, when as you say it can raise tax

I wonder if the ability to differentiate on Income Tax - I believe this is the only tax that SG can vary - is very much a double edged sword. Vary it too much and you risk alienating vast parts of the population, vary it too little and you get the sort of comments we see here.

The ability to raise taxes can only really make a difference IMO if combined with the full powers of independence.

[Stairway 2 7]

I wonder if the ability to differentiate on Income Tax - I believe this is the only tax that SG can vary - is very much a double edged sword. Vary it too much and you risk alienating vast parts of the population, vary it too little and you get the sort of comments we see here.

The ability to raise taxes can only really make a difference IMO if combined with the full powers of independence.

Who cares if the top rate are alienated, Denmarks is 10% higher than ours. Just playing at being left wing. We need wealth redistribution and scot gov can do more if they wanted. Although we're obviously still hamstrung with tons

[Hibrandenburg]

But that’s not true, the Scottish Government has the ability to do more with its powers but chooses not too. The SG could easily make Scotland’s tax system progressive. In fact if Truss sticks to her word are reduces NI by 1.25% then Sturgeon could easily raise income tax by 1% for higher rat tax payers and everyone would still better of than they are just now. We need Holyrood to show how it can use its full powers before demanding more.

I'm by no means an expert on the subject, but I remember reading something about tax raised by the Scottish government has negative effects on the Barnett Formula.

[Moulin Yarns]

I'm by no means an expert on the subject, but I remember reading something about tax raised by the Scottish government has negative effects on the Barnett Formula.

Block grants can be adjusted in different ways to facilitate greater tax and spending devolution. The UK and Scottish Government are currently reviewing the approach in Scotland. An independent report is expected in autumn 2022, which will inform the review.



Taken from the house of commons library.

[Andy Bee]

Who cares if the top rate are alienated, Denmarks is 10% higher than ours. Just playing at being left wing. We need wealth redistribution and scot gov can do more if they wanted. Although we're obviously still hamstrung with tons

We certainly need wealth redistribution but for the ongoing energy prices, that should come from the wholesalers. They've invested nothing to achieve these profits, they're over and above their existing profits so why should any person foot the bill for them to lock in £B's, millionaire or not? The SG don't have the powers for a windfall tax.

[Paulie Walnuts]

Thanks for sharing - the info on fixed tariff's seems odd.

I went onto a fix in June (went for certainty as the £400 discount which had been announced meant I would effectively be paying the same as I was before the fix, and gave peace of mind).

My fix is slightly more than the unit rates set out in the Energy Price Guarantee. Folk on a variable tariff will be capped at 34p/kWh for electricity under the guarantee. But if you're on a fix at 35p/kWh it seems you'll pay 18p/kWh (with 17p deducted per unit). Surely that can't be right - why would it be a flat rate for the discount per unit given people on fixed tariffs will all be paying different unit rates.

If you’re on a fixed tariff

If you’re on a fixed tariff at a higher rate caused by recent energy price rises, your unit prices will be reduced by 17p/kWh for electricity and 4.2p/kWh for gas.
These unit prices have been passed to suppliers to ensure that they are used to calculate bills on time for 1 October.
Energy suppliers will adjust fixed tariffs automatically. Customers on fixed tariffs do not need to take any action to get the benefits of this scheme.

I went on to a fixed tarrif last month, like you, for certainty.

Seems almost bizarre to say this but I’m almost stunned at how cheap my electricity and gas is going to end up now compared to what I was expecting (for now of course).

I fixed at 48.2p for leccy and 12.5p for gas.

Means I’ll be coming down to 31.2p and 8.3p.

I’ve already built up £500 of credit and am due the £400 of credit so I honestly think I could probably look at shaving about £150 off my payments per month taking me down to about £150.

Considering before all this **** show I was paying £90, if I can get down to £150 p/m or so I’ll be delighted.

[Stairway 2 7]

The bubble hasn't busrts its collapsed also, gas prices coming right down

https://mobile.twitter.com/BergAslak/status/1569305149079789570


Aslak Berg
@BergAslak
European natural gas prices now back to July levels and close to halving from the top. I’m not sure where we’ll end up this winter, it might very well halve again. If it does, it would still be 2-3 times higher than periods of “high“ prices pre-2021. But the bubble has popped

Prices will be volatile for now, but afterwards there’s a lot of people who did all sorts of forecasts based on natural gas prices staying at 500$ a barrel oil equivalent that need to have a long think to understand why that was never sustainable

[wookie70]

The bubble hasn't busrts its collapsed also, gas prices coming right down

https://mobile.twitter.com/BergAslak/status/1569305149079789570


Aslak Berg
@BergAslak
European natural gas prices now back to July levels and close to halving from the top. I’m not sure where we’ll end up this winter, it might very well halve again. If it does, it would still be 2-3 times higher than periods of “high“ prices pre-2021. But the bubble has popped

Prices will be volatile for now, but afterwards there’s a lot of people who did all sorts of forecasts based on natural gas prices staying at 500$ a barrel oil equivalent that need to have a long think to understand why that was never sustainable

And no doubt all of that doomsday forecasting massively affected the price. It is a ridiculous gas is speculated on in the manner it is. It is just a way that oil companies can squeeze more profit and is totally rigged

[Stairway 2 7]

And no doubt all of that doomsday forecasting massively affected the price. It is a ridiculous gas is speculated on in the manner it is. It is just a way that oil companies can squeeze more profit and is totally rigged

Yep horrific lives well be lost because these idiots speculating on a market in armani suit's. Also its quick to jump for us when the prices rise, but the falls never seem to travel to us as quick or sharp

[wookie70]

Yep horrific lives well be lost because these idiots speculating on a market in armani suit's. Also its quick to jump for us when the prices rise, but the falls never seem to travel to us as quick or sharp Most of the gas we have used was bought for far less a long time ago. That is why the small companies folded. It is a big con but Brits as a group are cap doffing thickos so they will keep getting away with it.

[Paulie Walnuts]

Just added up my energy usage p/m from last winter when if I’m honest I wasn’t making any attempt to cut down.

At the new rates I’ll be around £159.57p/m. Throw in 6 months of receiving £67 credit and it’s not that bad, especially when I’ve been paying £200 odd for over a year now.

[Stairway 2 7]

https://mobile.twitter.com/julianHjessop/status/1569373668282892289

@julianHjessop
Natural #gas price continues to tumble... 👍

Can't stress enough how important this is, including for the UK public finances. The cost of the #Energy Price Guarantee could be far lower than feared (and lower than many of the alternatives based on large upfront cash transfers...

[Stairway 2 7]

Goldman reckons gas prices will drop another 50% over the winter. That will take it near last winter prices. Inflation will need revised down, good for the pound and euro

Great news for us for a change. Governments intervention also won't cost nearly as much as expected

https://mobile.twitter.com/carlquintanilla/status/1569485873695313921

carlquintanilla
Goldman says Europe has “successfully solved” the puzzle on how to face the winter without Russian natural gas. Prices likely to drop by more than half, they say.

#OOTT (h/t
@JeffSonnenfeld
)

[grunt]

https://www.theguardian.com/business/2022/sep/13/liz-truss-energy-and-tax-plan-will-give-richest-families-twice-as-much-support?CMP=share_btn_tw


Liz Truss energy and tax plan ‘will give richest families twice as much support’

[Ozyhibby]

Still no sign of Truss since she took the job?


Sent from my iPhone using Tapatalk

[Moulin Yarns]

Still no sign of Truss since she took the job?


Sent from my iPhone using Tapatalk

She was in Edinburgh for the memorial service. She was in Belfast for the memorial service. She will be in Wales for the memorial service. And she will be at the funeral.

Who said the Tory party wasn't a broad church?

She likes to collect orders of service.

[Willis1875]

Still no sign of Truss since she took the job?


Sent from my iPhone using Tapatalk

Prefer it that way,sick of the sight of politicians the last 2/3 years

[Zambernardi1875]

Still no sign of Truss since she took the job?


Sent from my iPhone using Tapatalk

The undercover Russian completed her mission and topped liz

[Callum_62]

https://twitter.com/MartinSLewis/status/1569719307487027201?t=--vN3Pi4_xjUeIhz9Z_diA&s=19

Sent from my VOG-L29 using Tapatalk

[Stairway 2 7]

Good news due to the fuel relief and lower gas prices, inflation goes bellow 10%. Its now expected to stay around 10% rather than rise to 15%. Some very mild relief comparing to what we could have had. Let's hope gas prices keep plummeting

https://www.ft.com/content/376c8d1d-6071-4c23-ba39-7a6e734d3947

[ronaldo7]

I'm by no means an expert on the subject, but I remember reading something about tax raised by the Scottish government has negative effects on the Barnett Formula.

The current Scottish fiscal framework (tinyurl.com/j785d7z) was put in place in February 2016 and it was agreed that it should be reviewed after the next elections in the UK and Scotland which, at that time, were expected to be in 2020 and 2021 respectively. The current framework continues to include the allocation of funding to the Scottish parliament by Westminster through the block grant calculated using the Barnett formula. A block grant adjustment (BGA) is made to take into account the tax raised in Scotland under devolved powers.

[Ozyhibby]

https://twitter.com/faisalislam/status/1569990608462221318?s=46&t=w0yO9Fwm1HuG1GtQ-J9L-w

Eu to tax energy companies.


Sent from my iPhone using Tapatalk

[Kato]

https://twitter.com/faisalislam/status/1569990608462221318?s=46&t=w0yO9Fwm1HuG1GtQ-J9L-w

Eu to tax energy companies.


Sent from my iPhone using TapatalkYes, but they will be doing it deliberately.

Sent from my SM-A528B using Tapatalk

[Ged]

Spin or no spin, I've just reduced my DD from £275 to £200 a month. And it'll probably go lower once the dust settles.

Reduced again to £178 per month as per their recommendation.

[Jones28]

After months of fear it seems like we're finally seeing a couple of wins for the ordinary consumer in the short term at least.

I look forward to repaying the monstrous debts the government will accrue instead of placing a windfall tax on energy companies making record profits.

[Ged]

After months of fear it seems like we're finally seeing a couple of wins for the ordinary consumer in the short term at least.

I look forward to repaying the monstrous debts the government will accrue instead of placing a windfall tax on energy companies making record profits.

The windfall tax will come in as soon as Labour are elected.

[Paulie Walnuts]

After months of fear it seems like we're finally seeing a couple of wins for the ordinary consumer in the short term at least.

I look forward to repaying the monstrous debts the government will accrue instead of placing a windfall tax on energy companies making record profits.

Absolutely.

I fixed with a direct debit of £310 a month and was relieved at the thought. I had real concerns I’d end up close to £500 a month.

I’m now looking at the next 6 months probably laying around £90 p/m if you include the £400 from the Gov. All we can really look at right now is the short term, so I’m not complaining.

[Jones28]

The windfall tax will come in as soon as Labour are elected.

Here’s hoping so.

[GlesgaeHibby]

Another aspect to the energy / wider cost of living crisis that doesn't seem to be getting much traction (yet, hopefully) is the massive devaluation in the pound.

Now at 1.15 dollars per pound - down from around 1.36 at the start of the year.

Another Brexit benefit?

[Ozyhibby]

Another aspect to the energy / wider cost of living crisis that doesn't seem to be getting much traction (yet, hopefully) is the massive devaluation in the pound.

Now at 1.15 dollars per pound - down from around 1.36 at the start of the year.

Another Brexit benefit?

Scotland is stuck on a sinking ship.


Sent from my iPhone using Tapatalk

[B.H.F.C]

Absolutely.

I fixed with a direct debit of £310 a month and was relieved at the thought. I had real concerns I’d end up close to £500 a month.

I’m now looking at the next 6 months probably laying around £90 p/m if you include the £400 from the Gov. All we can really look at right now is the short term, so I’m not complaining.

Have said all along the direct debit amounts being quoted are best ignored.

I’m just on standard tariff with SSE. I’ve just submitted my reads and been billed for the last 3 months. Electricity bill was in at £160 for the period and gas (which has hardly been used over the summer) at just over £80.

Not had to dramatically increase my DD at any point, currently pay £85 a month which has me covered. Energy companies have this idea that consumers should run with a constant credit on their account and it’s utterly ridiculous.

[Stairway 2 7]

Hopefully keeps up

UK gas price now less than half its peak

⬇️ Keep track on The Spectator data hub http://data.spectator.co.uk/category/energy

[cabbageandribs1875]

noticed this on twitter earlier

https://pbs.twimg.com/media/Fc4pXBuXEAUjrN6?format=jpg&name=large
https://scontent.fman1-1.fna.fbcdn.net/v/t39.30808-6/306705302_2294143517407493_4063295330481326879_n.j pg?_nc_cat=111&ccb=1-7&_nc_sid=8bfeb9&_nc_ohc=GHqP920nxWUAX_7v0KJ&_nc_ht=scontent.fman1-1.fna&oh=00_AT_l65Oo7N-JPqZEPNaQXi68WMMQnI5bVC5cI2tv7fdbSA&oe=632BBD1C

[Just_Jimmy]

noticed this on twitter earlier

https://pbs.twimg.com/media/Fc4pXBuXEAUjrN6?format=jpg&name=large
https://scontent.fman1-1.fna.fbcdn.net/v/t39.30808-6/306705302_2294143517407493_4063295330481326879_n.j pg?_nc_cat=111&ccb=1-7&_nc_sid=8bfeb9&_nc_ohc=GHqP920nxWUAX_7v0KJ&_nc_ht=scontent.fman1-1.fna&oh=00_AT_l65Oo7N-JPqZEPNaQXi68WMMQnI5bVC5cI2tv7fdbSA&oe=632BBD1CThat's ****ing outrageous that's double my mortgage plus.

Utterly scandalous

Sent from my SM-G991B using Tapatalk

[Stairway 2 7]

That's ****ing outrageous that's double my mortgage plus.

Utterly scandalous

Sent from my SM-G991B using Tapatalk

Doubt it's real, if it is its just a mistake. The rates haven't went up that much.

[cabbageandribs1875]

That's ****ing outrageous that's double my mortgage plus.

Utterly scandalous

Sent from my SM-G991B using Tapatalk


i'm hoping they quotes are made-up nonsense, they do look astonishingly high


i've spent the last few hours searching the web for portable heaters...just in case :greengrin but don't think i'll bother as it looks like they will be dearer to run than gas

[Paulie Walnuts]

Have said all along the direct debit amounts being quoted are best ignored.

I’m just on standard tariff with SSE. I’ve just submitted my reads and been billed for the last 3 months. Electricity bill was in at £160 for the period and gas (which has hardly been used over the summer) at just over £80.

Not had to dramatically increase my DD at any point, currently pay £85 a month which has me covered. Energy companies have this idea that consumers should run with a constant credit on their account and it’s utterly ridiculous.

Yeah definitely.

I checked my gas and electricity usage for last winter and reckon I’ll be using about £150p/m this winter at the rate I’ll be on.

Throw in the £67 a month and I’m not complaining.

[cabbageandribs1875]

the rise for pubs etc is going to be quite frightening Britain’s Pubs Are Threatened by ‘Alarming’ Rise in Energy Bills - The New York Times (nytimes.com) (https://www.nytimes.com/2022/09/03/business/britain-pubs-energy.html)



customers will expect to pay a lot more on top of their drinks/meals


if only we were in the EU

[mjhibby]

The future is grim for thousands of pubs. If they pass on even half of the increase in their energy bills they will drive away loads of customers.

[Smartie]

Our direct debit for our work electricity is going to be going from £325 per month to £1100 per month as we leave our promotional rate. Even at that the £325 was quite high, as our bills for the past couple of years have included heating a building whilst keeping the windows open in order to comply with covid regulation and be able to actually even open the doors (these regulations have now been stepped back).

One way or another I think we'll get by (well, namely by putting prices up) but I could see all sorts of places who may not have such direct control over stuff like that being in bother over the coming months.

I may have missed any mention of help for small businesses but it would be great if help were to be forthcoming.

[Stairway 2 7]

Our direct debit for our work electricity is going to be going from £325 per month to £1100 per month as we leave our promotional rate. Even at that the £325 was quite high, as our bills for the past couple of years have included heating a building whilst keeping the windows open in order to comply with covid regulation and be able to actually even open the doors (these regulations have now been stepped back).

One way or another I think we'll get by (well, namely by putting prices up) but I could see all sorts of places who may not have such direct control over stuff like that being in bother over the coming months.

I may have missed any mention of help for small businesses but it would be great if help were to be forthcoming.

Thursday I think I read

[Stairway 2 7]

Businesses to get an energy cap like households
https://www.itv.com/news/2022-09-20/businesses-like-pubs-to-get-energy-support-for-more-than-six-months-says-truss

[Stairway 2 7]

Businesses to get up to 50% of energy bills

https://inews.co.uk/news/politics/businesses-discounts-energy-bills-jacob-rees-mogg-1869367

[Hibernia&Alba]

The future is grim for thousands of pubs. If they pass on even half of the increase in their energy bills they will drive away loads of customers.

Chip shops, too, due to massive increases in costs. I saw an estimate of four thousand UK chippies expected to close this year.

[Smartie]

Businesses to get up to 50% of energy bills

https://inews.co.uk/news/politics/businesses-discounts-energy-bills-jacob-rees-mogg-1869367

I can’t tell you how welcome this is.

We’ve been mulling over giving each employee an additional bonus payment of sorts between now and the end of the year to help them out, which we should now be able to do.

So - doors being kept open, price rises being kept to a minimum, spread a bit of what is to be saved around the team.

[Callum_62]

For those domestic users that have the ability to add solar

Don't forget the energy savings trust interest free loan option

I had a quote to add in more Solar (taking me to about 6kw system)

To add in 4 kw is around £6500

Adding in one battery storage unit adds about £3300 to that

Using the EST interest free loan its about 80 quid a month over the max 10 years

It all depends on your usage etc but it works out I'd have made my money back in about 6-7 years

Sent from my VOG-L29 using Tapatalk

[Sergio sledge]

For those domestic users that have the ability to add solar

Don't forget the energy savings trust interest free loan option

I had a quote to add in more Solar (taking me to about 6kw system)

To add in 4 kw is around £6500

Adding in one battery storage unit adds about £3300 to that

Using the EST interest free loan its about 80 quid a month over the max 10 years

It all depends on your usage etc but it works out I'd have made my money back in about 6-7 years

Sent from my VOG-L29 using Tapatalk

That's a really good quote, do you mind if I ask who you got it from and if they cover the Highlands?

Last quote I got a month or so ago was £14k for 4kW system and battery storage. 6 months ago my friend got the same installed for £11k.

Seems the suppliers up here are profiteering a bit in my opinion.

[hibsbollah]

The future is grim for thousands of pubs. If they pass on even half of the increase in their energy bills they will drive away loads of customers.

Some pubs will survive but it will start to mean the end of the ‘old man’s pub’ with cheap prices and lower overheads. More pressure on publicans to go after the student foodie and hipsters market. I was in London at the weekend, lots of places over £7 a pint for a standard IPA. Last time I was drinking in London about 10 years ago i remember thinking £3.50 was extortion.

[Andy Bee]

Regarding solar power, I have an East/West facing roof and I'm getting conflicting info on whether it's worth it or not. Does anyone on here have this setup? I'm looking at solar and battery if possible.

[Stairway 2 7]

I can’t tell you how welcome this is.

We’ve been mulling over giving each employee an additional bonus payment of sorts between now and the end of the year to help them out, which we should now be able to do.

So - doors being kept open, price rises being kept to a minimum, spread a bit of what is to be saved around the team.

Brilliant 👏

[Stairway 2 7]

https://mobile.twitter.com/HugoGye/status/1572501754889248768
HugoGye
Confirmed: energy prices for businesses etc capped at less than half the expected wholesale market price this winter. Discounts applied from Oct to anyone who signed a contract in April this year or later

More details on the support available for households too:
🏘️ Legislation will force landlords to pass on energy bills discount to tenants
🪔 Households not on the gas grid which use eg heating oil will get a £100 payment to compensate for increased costs

[Keith_M]

We're currently having problems with our Energy provider, Eon.

We send them actual meter readings on a regular basis and always pay our bills as soon as we receive them. Recently, though, they been 're-assessing' their estimated bills, and previous paid bills, against ever increasing rates.

Today, my wife received yet another 're-assessed' bill... with the usual increased values... along with a threat to send in Debt Collectors if we don't pay it immediately.

Keep in mind, the Debt Collectors threat is for a bill that we only found out about two sentences previously in the same E-Mail.


:rolleyes:

[Moulin Yarns]

https://mobile.twitter.com/HugoGye/status/1572501754889248768
HugoGye
Confirmed: energy prices for businesses etc capped at less than half the expected wholesale market price this winter. Discounts applied from Oct to anyone who signed a contract in April this year or later

More details on the support available for households too:
🏘️ Legislation will force landlords to pass on energy bills discount to tenants
🪔 Households not on the gas grid which use eg heating oil will get a £100 payment to compensate for increased costs

On the last point, how will the they know who isn't on the gas grid? And what type of heat source they use?

I'm not near a gas supply, but I don't have oil central heating. I have a friend in the west Highlands, totally off grid with wind and solar, do they qualify?

[Stairway 2 7]

On the last point, how will the they know who isn't on the gas grid? And what type of heat source they use?

I'm not near a gas supply, but I don't have oil central heating. I have a friend in the west Highlands, totally off grid with wind and solar, do they qualify?

https://archive.ph/xvmW6

Not sure can't see in article. I'm sure £100 won't be much help though. A lot of people off gas don't do it by choice

[overdrive]

We're currently having problems with our Energy provider, Eon.

We send them actual meter readings on a regular basis and always pay our bills as soon as we receive them. Recently, though, they been 're-assessing' their estimated bills, and previous paid bills, against ever increasing rates.

Today, my wife received yet another 're-assessed' bill... with the usual increased values... along with a threat to send in Debt Collectors if we don't pay it immediately.

Keep in mind, the Debt Collectors threat is for a bill that we only found out about two sentences previously in the same E-Mail.


:rolleyes:

Ah, that reminds me of the time my professional body sent me a final demand for subscription fees for the part year when I first qualified, that arrived a full month before the first invoice did. Which was a year after it was due and a year after I emailed to ask them where the invoice was and they replied that I had paid it even though I insisted to them that I had received no invoice and had definitely not paid it.

Best bit... this is an accountancy institute! :greengrin

[Ozyhibby]

https://twitter.com/fietsprofessor/status/1573679163004919808?s=46&t=oJ5OiPALPIOnDkQIwoPL2A

Good thread. Govt needs to start taxing vehicles highly based on size.


Sent from my iPhone using Tapatalk

[WhileTheChief..]

Anyone who’s bill is going to be over £2,400 can put their heating up as much as they like and leave it on 24hrs a day? The wealthiest people, with the biggest houses, benefiting the most?

What have I got wrong?

[marinello59]

Anyone who’s bill is going to be over £2,400 can put their heating up as much as they like and leave it on 24hrs a day? The wealthiest people, with the biggest houses, benefiting the most?

What have I got wrong?

You still pay for what you use over £2400.

[WhileTheChief..]

Just checked an email I got from Scottish Gas. It says the cost for the average home will be £2,500 but my bill be could be more or less than that.

So ignore what I was asking, I was wrong.

[Moulin Yarns]

How’s it a cap then?!

Is it down to how many units each household uses? Sorry for being thick here, but I just don’t get it!

I've pointed out this before. Ignore what you heard about a figure of £2,500 as the cap.

The cap is on the price per unit of energy you use.

It's about 30.5p/kwh going up to around 35.1p/kwh

[WhileTheChief..]

I've pointed out this before. Ignore what you heard about a figure of £2,500 as the cap.

The cap is on the price per unit of energy you use.

It's about 30.5p/kwh going up to around 35.1p/kwh

Cheers.

[WhileTheChief..]

Is anyone using their central heating yet? I usually try to wait until end of October.

[patch1875]

Is anyone using their central heating yet? I usually try to wait until end of October.

Was tempted to stick it on for a bit when we got home last night but toughed it out!

[Just Alf]

Is anyone using their central heating yet? I usually try to wait until end of October.Ours is never actually 'off'... the settings mean that while the boiler is turned on the thermostat doesn't call for heat as the temperatures outside aren't cold enough through the summer.

It's started kicking in more the past week or so :-/

In other news, got home yesterday to find my daughter upstairs with the living room door shut, dug downstairs on its own with all the other doors open, including the back door.... heating was going full pelt !!!

[stu in nottingham]

Is anyone using their central heating yet? I usually try to wait until end of October.

Been slightly tempted a couple of times and probably would have pressed the button in previous times. Put a jumper on and I'm using the electric blanket for an hour at night.

Still time for a milder spell yet!

[Moulin Yarns]

Wood burner has been lit a few evenings, I source all my wood sustainably by coppicing trees in the garden on a rotation basis. Also storm damaged trees.

[Sergio sledge]

https://twitter.com/fietsprofessor/status/1573679163004919808?s=46&t=oJ5OiPALPIOnDkQIwoPL2A

Good thread. Govt needs to start taxing vehicles highly based on size.


Sent from my iPhone using Tapatalk

Is a lot of the growth in vehicles (the comparison of VW Golf sizes for example) not due to improvements in safety rather than just making things bigger for the sake of it?

I think using emissions as a way of taxing vehicles is about right, (although as electric cars increase the government is going to have to find a way to replace the lost income from this taxation), as bigger does not necessarily mean less efficient or more polluting.

[Sergio sledge]

Is anyone using their central heating yet? I usually try to wait until end of October.

I have stuck ours on for a few hours in the morning to take the chill off the last few days. It's been getting down to 3-4 degrees overnight here the last few days, so it comes on in the morning to bring the house up to 19 degrees or so and then goes off as the sun heats up the house the rest of the day.

[Ozyhibby]

Is a lot of the growth in vehicles (the comparison of VW Golf sizes for example) not due to improvements in safety rather than just making things bigger for the sake of it?

I think using emissions as a way of taxing vehicles is about right, (although as electric cars increase the government is going to have to find a way to replace the lost income from this taxation), as bigger does not necessarily mean less efficient or more polluting.

Bigger does mean longer traffic jams and more congested streets. And I think they are only safer for you inside a big car. When big cars hit little cars then the number of fatalities goes up.


Sent from my iPhone using Tapatalk

[Stairway 2 7]

Gas prices now less than half of what they were and back to nearer last years price

https://mobile.twitter.com/BergAslak/status/1574318050064699394

@BergAslak
British gas prices - another fall like today and the spot price will be at around the level where the price cap is costless. As others have pointed out, hedging complicates the picture, but over the 2-year freeze there should still be significant savings over initial estimates

[superfurryhibby]

Been slightly tempted a couple of times and probably would have pressed the button in previous times. Put a jumper on and I'm using the electric blanket for an hour at night.

Still time for a milder spell yet!

That electric blanket...oooft.

Hot water bottle and down sleeping bag for me ( thought I’d never get good use out the thing, at last it’s earning it’s keep).

Only kidding, but this will be my winter fuel saving approach at night.

[Moulin Yarns]

A gentle reminder to take, and submit meter readings before Friday midnight. That way you will be billed correctly for energy consumption at the correct prices.