Cable Forum - Utility companies

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- - Utility companies - price rises (https://www.cableforum.uk/board/showthread.php?t=33695452)

Hugh	13-08-2018 18:41

Re: [MERGED] Utility companies - price rises

Quote:

Originally Posted by Mr K (Post 35959016)

Some sort of cap on tariffs/profits might be the answer. Theresa promised this (copying Ed Miliband), but hasn't delivered. Poor show old girl.

Quote:

Originally Posted by denphone (Post 35959052)

Its amazing how many things us the electorate are promised by UK politicians and yet so many of them either don't turn out the way we hoped for or never happen at all.

It was granted a Royal Assent on the 19th July 2018, and is now an Act of Parliament (law).

https://services.parliament.uk/bills...tariffcap.html

https://www.gov.uk/government/news/v...-to-become-law

Quote:

The Domestic Gas and Electricity (Tariff Cap) Bill will put in place a requirement on the energy regulator, Ofgem, to cap standard variable and default energy tariffs. The cap will tackle the amount consumers have been overpaying the Big Six energy suppliers, which the Competition and Markets Authority (CMA) found to be an average of £1.4 billion a year. Some consumers could save up to £350 a year on gas and electricity bills by switching suppliers...

...The cap will be in place from the end of 2018 until 2020 when Ofgem will recommend if the cap should remain on an annual basis up to 2023. Ofgem will review the level of the cap at least every 6 months while it is in place.

Mr K	13-08-2018 20:19

Re: [MERGED] Utility companies - price rises

Quote:

Originally Posted by Hugh (Post 35959319)

So before this cap comes in, they are going to increase prices massively.... We really cut them off at the pass there !

richard s

14-08-2018 19:42

Re: [MERGED] Utility companies - price rises

Now a 3 and half percent rail fare increase. Jeeeze.

heero_yuy

15-08-2018 09:01

Re: [MERGED] Utility companies - price rises

Quote:

Quote from richard s:

Now a 3 and half percent rail fare increase. Jeeeze.

Now, now, Richard. Think positive: You're giving overworked, underpaid train drivers an above inflation pay rise. ;)

richard s

15-08-2018 19:46

Re: [MERGED] Utility companies - price rises

Don't forget the share holders! and the bosses.

Mr K	15-08-2018 21:01

Re: [MERGED] Utility companies - price rises

Quote:

Originally Posted by heero_yuy (Post 35959611)

Now, now, Richard. Think positive: You're giving overworked, underpaid train drivers an above inflation pay rise. ;)

Yes, it's an old Tory ploy. Try and turn the public against those working to deliver each day. Meanwhile those shareholders/directors rake off the profits for delivering a crap service. Welcome to 2018 Britain !

denphone

15-08-2018 21:12

Re: [MERGED] Utility companies - price rises

Quote:

Originally Posted by heero_yuy (Post 35959611)

Now, now, Richard. Think positive: You're giving overworked, underpaid train drivers an above inflation pay rise. ;)

Once they get rid of the guards they are likely to be even more overworked.;)

Mr K	15-08-2018 21:26

Re: [MERGED] Utility companies - price rises

Quote:

Originally Posted by denphone (Post 35959831)

Once they get rid of the guards they are likely to be even more overworked.;)

Or maybe we'll be less safe ( and still late !)

denphone

16-08-2018 05:03

Re: [MERGED] Utility companies - price rises

Quote:

Originally Posted by Mr K (Post 35959837)

Or maybe we'll be less safe ( and still late !)

Most definitely still late if this is a fair barometer of many commuters on our railways.

https://www.theguardian.com/money/20...-terrible-mess

denphone

07-02-2019 07:40

Re: [MERGED] Utility companies - price rises

Energy price cap hike to add £117 to bills.

https://news.sky.com/story/energy-pr...bills-11630299

Quote:

The price cap on default energy tariffs is to be increased by an average £117 from 1 April, regulator Ofgem has announced.

Quote:

Ofgem blamed higher wholesale gas and electricity costs for the rise, affecting 11 million customers - with a typical dual fuel customer seeing an annual bill go up from £1,137 to £1,254.

Quote:

"We can assure these customers that they remain protected from being overcharged for their energy and that these increases are only due to actual rises in energy costs, rather than excess charges from supplier profiteering."

Taf	05-03-2019 10:45

Re: [MERGED] Utility companies - price rises

Quote:

You're currently on our Standard tariff which means the maximum a supplier can charge (known as the cap) is set by the energy regulator, Ofgem. To recognise the changes in the costs of supplying gas and electricity, Ofgem have raised the level of the cap, so we're increasing our prices to reflect this.

This means that the projected cost of your gas and electricity will increase by £141.21 a year from 1st April 2019.

As the cap is reviewed every six months the next review will be in August 2019 with any changes coming into effect in October.

First we lost the DD discount, now this! I reckon it's about a 12% rise! :mad::mad::mad::mad::mad:

Mr K	05-03-2019 10:54

Re: [MERGED] Utility companies - price rises

Switch old chap, it really is very easy. If you're on a standard tariff your savings could be significant. If you don't want a rise get a fixed tariff. I use energyhelpline.com as a good guide.

richard s

05-03-2019 19:23

Re: [MERGED] Utility companies - price rises

Ban all these stupid tarrif's... it is the same gas and lecy that is delivered to everyone. Eventually there will be hardly any difference between the energy suppliers. Nice plan Mrs Thatcher PRIVATISATION really works.

Taf	06-03-2019 11:06

Re: [MERGED] Utility companies - price rises

Quote:

Originally Posted by Mr K (Post 35985372)

Switch old chap, it really is very easy. If you're on a standard tariff your savings could be significant. If you don't want a rise get a fixed tariff. I use energyhelpline.com as a good guide.

The best I can find, using kwh and daily rates for standing charges, would save me £7 p.a., and cost £50 per fuel to get out of the 1 year contract. Not attractive at all. :(

denphone

08-06-2019 05:49

Re: Utility companies - price rises

Millions could pay more for energy under price cap tweak.

https://www.theguardian.com/money/20...ment-meter-cma

Quote:

The plan would ease the financial burden on energy companies by including more of the costs faced by suppliers, but will raise bills for homes using prepayment meters, which are typically more vulnerable.

A CMA spokesperson said the proposal “strikes the right balance between protecting vulnerable consumers and ensuring energy suppliers are still able to operate and compete”.

All times are GMT +1. The time now is 18:44.

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