Electric and Gas Cost

Chris_Boro said:
So Sunak's help is in the form of a £200 loan that will automatically be paid back over 5 years with the assumption of lower costs later.

An extra £150 off council if you live in bands A to D.

Help that is half of the current increase but most has to be repaid and doesn’t take into consideration the previous jumps in bills.

The Tories on top of that are increasing NI which effectively cancels out the above. I really fear for those on the breadline that will now have to choose between heating or eating.

Shameful.
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loans of any nature are the last thing in the world people on the breadline require.
 
My electric was 14p/kWh last year, looks like it's going to be 36p/kWh in April, absolutely bonkers. I can't imagine what a lot of families willl be going through when that hits.
 
No one is happy with these rises but for someone in my position it's annoying but not life changing.
For some people it is life changing. Choices over food or heat are being made.
What about stopping the daily standard charge. Those struggling and rationing their heating to save money still have to pay the same daily charge as a multi millionaire. Could be a way of helping .
 
Make NO MISTAKE about it this is all down to the Tories.
This price hike in gas was as wholly predictable as us running out of the stuff.

They've just brushed it under the carpet for the last 12 years.
12 FKIN years they've had to get prepared for this.
When they took over the country was energy self sufficient but since then they've allowed the industry to be milked and suckled by foreign investors and private equity companies who have bled it dry and invested next to nothing.

I've said it before... the Country will be energy paupers and we have power cuts to look forward to.

It'll take 5 years before they get the H2 schemes up and running and have an impact and guess who'll be footing the bill for them..... you and me...... not the fat cats that have spunked away the profits for the last 12 years.
 
Ziggy said:
Apparently French energy prices were due to rise by 45%.
The government told EDF the energy giant that the increase could only be 4%. EDF will take the € 8.9 billion it.
Of course EDF is owned by the French government. So Macron just gives the edict.
State controlled utilities eh? Never work here.
Mind there is an election next year.😉
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Gets worse when you realise edf own 10% of the uks energy supplies
 
If you see a Shell garage drive past it... I appreciate other companies are no better, but still something has to give
 
I kind of get that wholesale price has gone up and as such this cost has to be passed on to the consumer, but why have the standing charges gone up by so much as well, surely the charge should be more in line with inflation or am I missing something???
 
Energy Price Increase;

France - 4%

UK - 54% - Guess which people ‘took back control’?


Leave the EU say's Johnson - Britain can cut VAT says Johnson - he now refuses to cut VAT.

Spain, still in the EU - Cuts VAT.
 
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I'm sure I heard a woman this morning on gmb saying her gas bill for December and January was £1000 !
 
Charlie said:
I'm sure I heard a woman this morning on gmb saying her gas bill for December and January was £1000 !
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I've just worked out mine on current cap and new cap. Gas and electric from 17th October to 31st January.

Old cap £769

New cap £1,136
 
We currently pay £196/month for both and we should be a few hundred in credit after the next bill. I'm sure that will be snaffled up with the rises. We are a couple in a 3 bed semi, cavity insulation, loft thick insulation and digital hive TRVs in most rooms. So we only heat the ones needed, newish boiler. Both work from home and heating is set to 19c in rooms we work and live in.. she does take 20 min showers every day. Thank god 10 months time we will be mortgage free, paying off 11 years early after keeping on a missold endowment after switching to a repayment mortgage.
 
The £200 is slightly more messy than a loan that you pay back. The 5 x £40 charges will be paid by every single residential customer, irrespective of whether they benefited from the £200 or not.

So a young adult living with parents or in Uni accomodation with inclusive bills won't get the £200 this year, but will still be saddled with the £40 charges in years to come.

Criminal.
 
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