Cable Forum
Page 25 of 178 « First 1521222324 25 262728293575125 Last »
Show 100 post(s) from this thread on one page

Cable Forum (https://www.cableforum.uk/board/index.php)
-   Science & Technology (https://www.cableforum.uk/board/forumdisplay.php?f=26)
-   -   UK Energy Prices (https://www.cableforum.uk/board/showthread.php?t=33710394)

Taf 06-01-2022 16:45
Re: Energy companies collapse
 
Ofgem brought in the cap to stop utility companies making excess profits, at the expense of users. Now it's the producers that make the profits, at the expense of users.

Carth 06-01-2022 16:57
Re: Energy companies collapse
 
I don't think those who still have good old fashioned fire places will mind burning a tree or two for heat . . and if they have a 'back boiler' it's a bonus ;)

Germany decommissioning their Nuclear Power Stations earlier than intended will have a knock on effect for gas demand too I guess . . . lucky for Russia eh :rolleyes:

bigsinky 06-01-2022 17:47
Re: Energy companies collapse
 
Quote:
Originally Posted by Carth (Post 36108311)
….lucky for Russia eh :rolleyes:
Those oligarchs just get richer eh?

heero_yuy 06-01-2022 17:55
Re: Energy companies collapse
 
Quote:
Originally Posted by bigsinky (Post 36108312)
Those oligarchs just get richer eh?
Well if we'd got on with fracking and ignored the protesters then we might have a secure gas supply at a decent price. Environmentalists. :rolleyes:

Mad Max 06-01-2022 17:56
Re: Energy companies collapse
 
Quote:
Originally Posted by heero_yuy (Post 36108314)
Well if we'd got on with fracking and ignored the protesters then we might have a secure gas supply at a decent price. Environmentalists. :rolleyes:

This ^ ^

Blackshep 06-01-2022 18:00
Re: Energy companies collapse
 
The way things are going we will have a renationalisation by a conservative government well until boris the buffoon can line up a few mates to sell it cheaply to.

Itshim 06-01-2022 19:03
Re: Energy companies collapse crazy Dr rise
 
Ok so have used less and less energy over the last 3 years , solar panels etc. Have a fixed price taliff until may 23 . My account is in credit by a couple of £100 . Yet my supplier have yet again put up my DD . This is to protect my from the shock of the pending price increase ! At the same time refunding my credit balance . And we think virgin have lost the plot :D just as well there isn't much interest on accounts these days.

Halcyon 07-01-2022 09:45
Re: Energy companies collapse
 
What would you do in my situation?

Currently on dual fuel and pay £114 per month fixed rate.

It comes to an end at end of the month.


Looking at other 1 year fixed rates is nearly double what I'm currently paying.


Should I go variable for time being? Though I hear that is hiking up prices too?


thankyou.

heero_yuy 07-01-2022 09:47
Re: Energy companies collapse
 
As I understand it at the moment the advice is to go on the capped standard tariff but review the situation when the cap is raised in April.

Halcyon 07-01-2022 09:53
Re: Energy companies collapse
 
Yeah I guess that works. And also means I'm not tied into anything.


Would be good if there was a huge shakeup and costs went down again but I cant see that happening any time soon.

1andrew1 07-01-2022 09:54
Re: Energy companies collapse
 
Quote:
Originally Posted by Halcyon (Post 36108374)
What would you do in my situation?

Currently on dual fuel and pay £114 per month fixed rate.

It comes to an end at end of the month.

Looking at other 1 year fixed rates is nearly double what I'm currently paying.

Should I go variable for time being? Though I hear that is hiking up prices too?

thankyou.
The advice from Money Saving Expert includes:

Quote:
If you're offered a fix that's no more than 40% costlier than your current price-capped tariff, it's worth considering - especially if you value budgeting certainty.
See the full article here: https://www.moneysavingexpert.com/latesttip/#energy

GrimUpNorth 07-01-2022 15:25
Re: Energy companies collapse
 
Quote:
Originally Posted by Halcyon (Post 36108374)
What would you do in my situation?

Currently on dual fuel and pay £114 per month fixed rate.

It comes to an end at end of the month.


Looking at other 1 year fixed rates is nearly double what I'm currently paying.


Should I go variable for time being? Though I hear that is hiking up prices too?


thankyou.
Same situation here, we're going variable and waiting to see what happens.

1andrew1 07-01-2022 15:52
Re: Energy companies collapse
 
Quote:
Originally Posted by GrimUpNorth (Post 36108415)
Same situation here, we're going variable and waiting to see what happens.
Just a heads-up that the cap which takes effect from April will be announced next month, so you won't have long to wait.

The Ofgem site doesn't give a date. Last year's was published on 5th February so keep an eye out around then.

Itshim 07-01-2022 18:55
Re: Energy companies collapse
 
Quote:
Originally Posted by 1andrew1 (Post 36108421)
Just a heads-up that the cap which takes effect from April will be announced next month, so you won't have long to wait.

The Ofgem site doesn't give a date. Last year's was published on 5th February so keep an eye out around then.
When I sign for mine it was just under the cap , would imagine that any new offer will be around the new cap . Who knows :confused:

1andrew1 09-01-2022 11:42
Re: Energy companies collapse
 
Labour's Rache Reeves contributes some ideas to helping consumers.
Quote:
Labour shadow chancellor Rachel Reeves has proposed a package of measures to tackle the cost of living crisis and rising energy bills.

She is calling on the government to cut VAT on energy bills to save households £100 a year and is proposing a windfall tax on North Sea gas companies.

The tax on North Sea oil and gas is estimated to save most households £200 a year, Labour have said.

Former Tory energy minister Chris Skidmore has also backed the tax, saying: “A windfall tax - whether you call it that, or you want to call it a carbon tax, I would rather talk about - is how we achieve carbon tax for the future, is absolutely the right way to go.”
https://www.msn.com/en-gb/news/brexi...?ocid=msedgntp


All times are GMT +1. The time now is 22:33.
Page 25 of 178 « First 1521222324 25 262728293575125 Last »
Show 100 post(s) from this thread on one page

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
All Posts and Content are © Cable Forum