Fat_Dragon
Well-known member
OFGEM are to announce the new price cap around 11:00
Big day for Rishi as well
Big day for Rishi as well
Some properties unfortunately will never be efficient.Depends how efficient you make your place.
And I didn't say I used a heat pump. And there are air sourced heat pumps.
Still, I accept your apology for falsely accusing me of lying
You so did accuse me of lying, but good snidey we of getting out if it.Some properties unfortunately will never be efficient.
I'm intrigued, are you using an Electrical plug-in heater? if not using ground or air source heat pump? Because surely using a traditional electric heater would cost more than turning on the boiler.
I didn't accuse you of lying, I said of course you do, mearly agreeing with your statement.
I haven't been this nervous about a report being published since the Crop Report in Trading PlacesOFGEM are to announce the new price cap around 11:00
Big day for Rishi as well
It's got nothing to do with privatisation, it's the cost of the purchasing the gas in the first place, which is also used for most electricity generation, and the wholesale cost of that gas which would still need buying in even if it wasn't privatisedThis is exactly what was expected following privatisation: profiteering. profits before people. shareholders before people.
I think of energy, water, health, security and education as the basis of any state. Why the fu.ck would you privatise any of these sectors given their importance to the country on a very basic level?
they should be under state control to deliver these basic human needs, answerable to the the people.
Look what is happening with the water companies - taking vast sums of money and pouring millions of gallons of raw sewage into the rivers.
Eh? How do you say their supply should have to be a loss leader? They would just exit the supply business rather than carry a loss of £6-700 per consumer. No business in their right mind would accept that at all and then we'd be carrying the can in extra taxes instead of electricity billsThe little ones have all gone, so you’re effectively left with a cartel of the larger suppliers who are making huge profits (yes I get they don’t do just supply) so their supply should have to become a loss leader of sorts and if the profit margins on supply are so low this won’t be much of an issue, or the supply goes back in to state ownership. That’s how it would work in my simple mind
So they leave the market place and the state steps in, a kind of Northern Rock for energy and surely the extra taxes would be off set by not paying the energy suppliers???Eh? How do you say their supply should have to be a loss leader? They would just exit the supply business rather than carry a loss of £6-700 per consumer. No business in their right mind would accept that at all and then we'd be carrying the can in extra taxes instead of electricity bills
Yeah the government is and always has been shining beacon on how to run emergency large projects & cost efficient organisations, I'm totally confident that we'd all be paying minuscule bills now as a result of that.So they leave the market place and the state steps in, a kind of Northern Rock for energy
Solar panels I think struggle to make a worthwhile investment now that the FIT schemes people for originally all disappearedI live in an old house without cavity walls and there is little we can do to improve it. We already have double glazing throughout and masses of loft insulation. From what I have looked into the only way would be to either build a house within a house i.e. create cavities by making rooms smaller on the inside or on the outside but it is hugely expensive. When I have some money I will get solar panels and maybe a heat pump (but these dont work so well with poorly insulated houses).
yes solar panels dont generate the money they did but they should reduce electricity I need to buy, the time to even out is not so bad anymore but I will need to do lots of research all the same. I had not hjeard of that external cladding insulation scheme - will look see.
I really fear for those on the breadline that will now have to choose between heating or eating.
Shameful.
In other words because of reliance on cheap wholesale gas from aboard , we have neglected to invest in new energy resources from the uk. What's needed long term and this unfortunately wont fix the consumer costs today is, to build our own energy infrastructure back up to get away from foreign reliance, with renewable energy sources like wind. These need to taken out of private ownership, and put back in the hands of the state. Its an absolute scandal we have allowed uks utilities to be sold to foriegn companys like edf eon etc. and we are making the same mistakes again in the wind sector .What we need to do is with the next generation of green energy is what norway did with oil and gas, invest and develop the infrastructure and protect from private ownership and foreign institutions at all costs.It's got nothing to do with privatisation, it's the cost of the purchasing the gas in the first place, which is also used for most electricity generation, and the wholesale cost of that gas which would still need buying in even if it wasn't privatised
Absolutely. I'm not struggling but am concerned about these raises in costs so struggling households are going to be plunged into real trouble. It doesn't help that all of these cost increases are biting at the same time.