Energy prices

[Blf]

Still have 10 months of a 5 year deal left.
Been wondering how much it will go up.
Currently paying £81 a month which seems to work out well over 12 months.
Anyone come off similar who can tell me how much their's has gone up to please ?

 

[kuepper]

Price of gas has plummeted, price at the pumps down by a third and prices still going up, funny how they don't come down isn't it

 

[El Guapo]

Still have 10 months of a 5 year deal left.
Been wondering how much it will go up.
Currently paying £81 a month which seems to work out well over 12 months.
Anyone come off similar who can tell me how much their's has gone up to please ?

I was paying about that per month, for duel, I’m now paying more than that per week and my house is largely cold. Oh well, nevermind, I’ll be dead soon, everyone is welcome to gather round my casket as it’s cremated for a warm. You have to laugh!

Seriously though, averaging over a year I guess mine is gonna be about £140/month to build buffer that I’m currently eating through, over summer to help through winter. House is cold though as darent have it on too much as wary of what it might cost if I did. Heating is certainly on a lot less than it was but all other usage (tv, cooker etc) are the same.

 

[RedAsABeetroot]

This might be interesting viewing. Can't be any worse than Love Island.

Channel 4 commissions Guy Martin’s Power Trip (w/t) | Channel 4

Channel 4 has commissioned from North One Guy Martin’s Power Trip (w/t) (3x60). As an energy crisis and cost of living crisis collide this series will see the Lincolnshire lorry mechanic and motorcycle racer investigate the past, present and future of British power stations to work out how the...

www.channel4.com

 

[ThatFragranceGuy]

Still have 10 months of a 5 year deal left.
Been wondering how much it will go up.
Currently paying £81 a month which seems to work out well over 12 months.
Anyone come off similar who can tell me how much their's has gone up to please ?

I was paying £67 a month in Feb last year, now paying £270 a month although bill may be less than that but wanted to cover the big winter bills.

 

[BoroBosco]

when the majority if Uk energy is from renewable sources?

Is it really.

Electricity accounts for about 20% of energy used in the UK so even with your cherry picked data renewables are providing just over 10% of our energy needs.

 

[Zoophonic]

Still have 10 months of a 5 year deal left.
Been wondering how much it will go up.
Currently paying £81 a month which seems to work out well over 12 months.
Anyone come off similar who can tell me how much their's has gone up to please ?

Yes. Came off a 3 year fixed deal on Jan 20. It’s fairly easy to calculate what I will be paying going forward. I was also paying £87 pm on my fixed deal. It will go up at least 3 fold.

 

[HolgateCorner]

Remind me why the war in Ukraine is blamed for pushing up wholesale gas prices and doubling the domestic energy prices, when the majority if Uk energy is from renewable sources?

getting ripped off much under the blanket of stakeholder dividends?


View attachment 52026

The argument currently bein run by the renewables fraternity is that they need the high profit margin to attract finance and investment in future schemes.

It is under review but this is what they are all saying in the consultation process.

The capitalist system as it currently works will always find an excuse.

 

[Billy69_uk]

Is it really.

Electricity accounts for about 20% of energy used in the UK so even with your cherry picked data renewables are providing just over 10% of our energy needs.

How is it cherry picked data? and where did I say it was overall energy needs?


Its data is updated hourly showing the supply and demand of the UK national grid and where that energy comes from.

As more and more transportation related energy moves from fossil fuels to electricity, the demand and mix of grid energy becomes more and more important to us all.


https://grid.iamkate.com/

today, its just under 24% fossil fuels.




if you bothered to look at the data over the last 10 years, you would see that renewables have averaged 20%, but has risen massively in recent years.


Have I cherry picked the price data as well?

 

[BoroBosco]

and where did I say it was overall energy needs?

When you wrote "when the majority if Uk energy is from renewable sources".

How is it cherry picked data?

Because it's not representative of electricity production where renewables amount, on average, to 35% which in reality is only 6 or 7% of UK energy not the almost 60% you were implying in your original post.

Have I cherry picked the price data as well?

No you haven't it's a classic example of what happens when supply & demand don't match.