Energy prices predicted to rise to £3,850 in January...

Discussion in 'Bulletin Board' started by StatisTYKE, Jul 27, 2022.

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  1. Wat

    Watcher_Of_The_Skies Well-Known Member

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    #201 Watcher_Of_The_Skies, Aug 26, 2022
    The media narrative of "blaming Russia" is tiresome. Other countries dont have the same prices, so it's just government propaganda.
     
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  2. Wat

    Watcher_Of_The_Skies Well-Known Member

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    #202 Watcher_Of_The_Skies, Aug 26, 2022
    The EU price cap on gas is £37 per mega watt hour.

    The UK price cap is £263.79 per mega watt hour.
     
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  3. Redstone

    Redstone Well-Known Member

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    #203 Redstone, Aug 26, 2022
    Help is so desperately needed. They set a precedent with Furlough, unfortunately the cost of the Covid response is still being felt and is partly responsible for this mess. The long Tory leadership contest which looked self-indulgent now looks insane.
    Still we have known this has been coming for months and nothing has been done.
     
  4. Brush

    Brush Well-Known Member

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    #204 Brush, Aug 26, 2022
    Martin Lewis is rightly very upset about all this.

     
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  5. Redstone

    Redstone Well-Known Member

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    #205 Redstone, Aug 26, 2022
    Martin Lewis tweeted this back in March
     
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  6. Brush

    Brush Well-Known Member

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    #206 Brush, Aug 26, 2022
    He says much the same in the video I posted.
     
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  7. Redstone

    Redstone Well-Known Member

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    #207 Redstone, Aug 26, 2022
    Yes didn't see your post before I posted myself. It's just absolutely depressing that we have a silent government and basically just people like Martin Lewis trying to force them to act.
     
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  8. Brush

    Brush Well-Known Member

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    #208 Brush, Aug 26, 2022
    We have a government?
     
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  9. Redstone

    Redstone Well-Known Member

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    #209 Redstone, Aug 26, 2022
    In name only.
     
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  10. Brush

    Brush Well-Known Member

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    #210 Brush, Aug 26, 2022
    I was wrong, we do have a government and they have acted, decisively....

    Energy price cap: people should consider cutting back on energy use, says Nadhim Zahawi (from The Guardian)
     
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  11. Tykeored

    Tykeored Well-Known Member

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    #211 Tykeored, Aug 26, 2022
    Well that’s okay then
     
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  12. Tykeored

    Tykeored Well-Known Member

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    #212 Tykeored, Aug 26, 2022
    Yes but we got Brexit done!
     
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  13. DazFrumTarn

    DazFrumTarn Well-Known Member

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    #213 DazFrumTarn, Aug 26, 2022
    Not me, copied and pasted from elsewhere.

    I used to work in the energy industry. Put bluntly OfGem are at best a symbolic entity when it comes to any issue of scale. Great on the small stuff but when it comes to things like the cap they're effectively pointless.

    Friend on mine works in data analysis in OfGem and my understanding is that they make recommendations but don’t have any power to enforce decisions etc
     
  14. JamDrop

    JamDrop Well-Known Member

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    #214 JamDrop, Aug 26, 2022
    Silly me, I’d not considered that.
     
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  15. Marlon

    Marlon Well-Known Member

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    #215 Marlon, Aug 26, 2022
    Brexit gives us freedoms to make independent decisions from EU so our Government has given the energy companies the freedom to charge the highest prices in Europe without fear of retribution from the European Union .
    This alongside the sewage pollution etc is what the Government meant by taking back control .
    For the few fork the many .
     
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  16. Durkar Red

    Durkar Red Well-Known Member

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    #216 Durkar Red, Aug 26, 2022
    Looking at a couple of these to wear indoors over the winter
    upload_2022-8-26_13-21-12.jpeg
     
  17. Brush

    Brush Well-Known Member

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    #217 Brush, Aug 26, 2022
    Yes, I'd never thought of doing that.....
     
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  18. troff

    troff Well-Known Member

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    #218 troff, Aug 26, 2022
    Calling it a cap is so misleading to some. There’s folk with four kids at home using double average consumption thinking they’re capped at 3.5k and panicking they can’t afford that - blissfully unaware that as they use double the average their ‘cap’ is actually nearly 7k (given they don’t need to pay standing charge twice).

    Scary times. And they’re saying the ‘cap’ is going to be over 5k by April. It’s a national crisis. People are going to die.
     
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  19. Redstone

    Redstone Well-Known Member

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    #219 Redstone, Aug 26, 2022
    It's inspired isn't it. A brain like that only comes along once in a generation
     
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  20. Che

    Chef Tyke Well-Known Member

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    #220 Chef Tyke, Aug 26, 2022


    It certainly is. Creates a huge challenge for small businesses too, loads will go under without support
     
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