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

    Watcher_Of_The_Skies Well-Known Member

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    The EU price cap on gas is £37 per mega watt hour.

    The UK price cap is £263.79 per mega watt hour.
     
    Watcher_Of_The_Skies, Aug 26, 2022
    #202
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  3. Redstone

    Redstone Well-Known Member

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    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.
     
    Redstone, Aug 26, 2022
    #203
  4. Brush

    Brush Well-Known Member

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    Martin Lewis is rightly very upset about all this.

     
    Brush, Aug 26, 2022
    #204
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  5. Redstone

    Redstone Well-Known Member

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

    Brush Well-Known Member

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

    Redstone Well-Known Member

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    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.
     
    Redstone, Aug 26, 2022
    #207
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  8. Brush

    Brush Well-Known Member

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

    Redstone Well-Known Member

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

    Brush Well-Known Member

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    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)
     
    Brush, Aug 26, 2022
    #210
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  11. Tykeored

    Tykeored Well-Known Member

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

    Tykeored Well-Known Member

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

    DazFrumTarn Well-Known Member

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    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
     
    DazFrumTarn, Aug 26, 2022
    #213
  14. JamDrop

    JamDrop Well-Known Member

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

    Marlon Well-Known Member

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    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 .
     
    Marlon, Aug 26, 2022
    #215
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  16. Durkar Red

    Durkar Red Well-Known Member

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

    Brush Well-Known Member

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

    troff Well-Known Member

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    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.
     
    troff, Aug 26, 2022
    #218
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  19. Redstone

    Redstone Well-Known Member

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

    Chef Tyke Well-Known Member

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    It certainly is. Creates a huge challenge for small businesses too, loads will go under without support
     
    Chef Tyke, Aug 26, 2022
    #220
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