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. Sta

    Stahlrost Well-Known Member

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    52p per kWh, 48.5p per day standing charge.
     
    Stahlrost, Aug 16, 2022
    #161
  2. Che

    Chef Tyke Well-Known Member

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    Cheers. Crazy.
     
    Chef Tyke, Aug 16, 2022
    #162
  3. Sta

    Stahlrost Well-Known Member

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    Agreed. Both up from about 19p on my current contract. Crackers, but at least by fixing now I'm insulated from the possible January rise.
     
    Stahlrost, Aug 16, 2022
    #163
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  4. kir

    kirkhamtyke Well-Known Member

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    My energy company claim that 100% of their electricity is generated from renewables.

    Now, I'm not aware that the price of sunshine, wind and tides have doubled over the last 6 months, so why will my bill?
     
    kirkhamtyke, Aug 22, 2022
    #164
  5. joh

    john coucom Well-Known Member

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    How can they say that when all electricity is fed into the grid they can’t guarantee that you will get wind or solar electric in you house
     
    john coucom, Aug 22, 2022
    #165
  6. man

    mansfield_red Well-Known Member

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    Energy prices going crackers, inflation in double digits and yet the Tory rags are trying to vilify those who dare to make a stand to try and preserve some quality of life. They're not even striking for an increase in real terms, but just striking to have less of a decrease, and that's still apparently militant Marxism. It's utterly dystopian and yet some of the people who will struggle to heat their house this winter will still vote for them.

    Screenshot_20220822-183436.png
     
    mansfield_red, Aug 22, 2022
    #166
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  7. Mul

    MullerRed Well-Known Member

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    MullerRed, Aug 22, 2022
    #167
  8. dreamboy3000

    dreamboy3000 Well-Known Member

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    dreamboy3000, Aug 22, 2022
    #168
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  9. kir

    kirkhamtyke Well-Known Member

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    That is nevertheless what they claim on their home page. If I could ever get through on the phone, I'd love them to explain it. Or maybe I should complain to advertising standards.

    https://www.so.energy/
     
    kirkhamtyke, Aug 22, 2022
    #169
  10. JamDrop

    JamDrop Well-Known Member

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    The hilarious thing is… the Express journalists are about to go on strike!
     
    JamDrop, Aug 22, 2022
    #170
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  11. StatisTYKE

    StatisTYKE Well-Known Member

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    Think the latest energy estimate is over £5,000 by April with inflation running at 18%.

    Weimar Republic anybody?
     
    StatisTYKE, Aug 22, 2022
    #171
  12. Merde Tete

    Merde Tete Well-Known Member

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    I remember people casting serious doubts on the wisdom of privatising the energy companies 35 years ago. It seems that Thatcher really is shafting everyone from beyond the grave.
     
    Merde Tete, Aug 22, 2022
    #172
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  13. Redstone

    Redstone Well-Known Member

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    I'm not sure what the short term answer is but some action is desperately needed. Its going to be completely unaffordable for so many.
     
    Redstone, Aug 22, 2022
    #173
  14. Wat

    Watcher_Of_The_Skies Well-Known Member

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    Im in bed with Covid (first time!) so I thought id do what ive been meaning to and work out our bill based on just the October price rise. Two adults (working from home for 60% of the time). One child and a dog (WOOF!) Semi-detached house made in the 50s. Rented, with double glazing in the back but not in the front.

    It's pretty grim reading and above the 'average' that so often gets quoted in the press. The predicated rises in January and April would see it go to over £7k a year. HAHAHAHAHHA!

    upload_2022-8-23_10-48-31.png
     

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    Watcher_Of_The_Skies, Aug 23, 2022
    #174
  15. JamDrop

    JamDrop Well-Known Member

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    3 comments:

    1) hope you feel better soon
    2) WOOF!
    3) I love your table (thought not the values inside it)
     
    JamDrop, Aug 23, 2022
    #175
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  16. Mid

    Mido Well-Known Member

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    Funnily enough I've just been doing something very similar. We live in a detached, well insulated home 7 year old home with a child and a dog (WOOF!). We're going from £1456 per year to £4870, which is £855 better off than my projection of sticking with the price cap*. It's absolutely wild out there and I think I'm reasonably 'lucky' that EON have offered me another fix for when mine ends in Oct this year, although time will tell on that one.

    * based on these projections https://www.cornwall-insight.com/cornwall-insight-release-final-predictions-for-octobers-price-cap/

    upload_2022-8-23_11-52-45.png
     

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    Mido, Aug 23, 2022
    #176
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  17. JamDrop

    JamDrop Well-Known Member

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    The only thing I’d add normally is to not forget to do the calculation of the extra payments you would voluntarily be making between now and the next pay increase where you’d be cheaper on the price cap. It’s worth forgoing that at the moment though when prices are due to become so high, unless the deal is guaranteed until a certain date (we signed up to a deal that was more expensive than the at-the-time cap but was less than the new cap with a delayed start date - they allowed a 30 day delay).
     
    JamDrop, Aug 23, 2022
    #177
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  18. winged avenger

    winged avenger Well-Known Member

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    Yes but dont forget they got Brexit "done",that`s all that matters for some.
     
    winged avenger, Aug 23, 2022
    #178
  19. thetykester

    thetykester Well-Known Member

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    Sure I've seen it's now £6500.
     
    thetykester, Aug 23, 2022
    #179
  20. StatisTYKE

    StatisTYKE Well-Known Member

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    Could be. Haven't seen any news for a couple of hours. Probably £10,000 by now. Get thi wheelbara ready.
     
    StatisTYKE, Aug 23, 2022
    #180
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