Cable Forum - UK Energy Prices

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Paul	28-07-2022 13:07

Re: The energy crisis

Quote:

Originally Posted by ianch99 (Post 36129698)

I agree with Jaymoss, we should have a separate cost of living crisis thread.

Quote:

Originally Posted by Julian (Post 36129700)

Here :)

Yep, it already exists.

ianch99

28-07-2022 13:55

Re: The energy crisis

Quote:

Originally Posted by Paul (Post 36129703)

Yep, it already exists.

Thanks!

Julian

28-07-2022 14:37

Re: The energy crisis

Quote:

Originally Posted by ianch99 (Post 36129709)

Thanks!

You're welcome. :)

ianch99

28-07-2022 15:54

Re: The energy crisis

Quote:

Originally Posted by Julian (Post 36129711)

You're welcome. :)

Thanks! :)

nomadking

28-07-2022 16:53

Re: The energy crisis

An unforeseen benefit of Brexit.
Link

Quote:

The German city of Hanover has turned off the heating and switched to cold showers in all public buildings because of the Russian gas crisis.
...
And the EU has agreed to lower demand for Russian gas this winter by 15%
In a bid to save energy, Germany's northern city of Hanover has decided hot water will no longer be available for hand washing in public buildings, or in showers at swimming pools, sports halls and gyms.
...
The city is also banning portable air conditioners, heaters and radiators.

Quote:

Some reports said the levy could cost families an extra €500 (£420) a year.

And that's just a levy, not usage costs.

TheDaddy

28-07-2022 17:17

Re: The energy crisis

Quote:

Originally Posted by nomadking (Post 36129718)

An unforeseen benefit of Brexit.
Link
And that's just a levy, not usage costs.

Is the levy for all gas usage or just Russian gas usage, if it's Russian it wouldn't have affected us anyway as I doubt even as much as 15% of our gas comes from Russia

nomadking

29-07-2022 09:21

Re: The energy crisis

Details on the £400 Energy Bill Support Scheme.

Quote:

The money, part of the Energy Bill Support Scheme, will be paid in six instalments.
Households will see a discount of £66 applied to their energy bills in October and November, and £67 a month from December to March 2023.

Jaymoss

29-07-2022 10:33

Re: The energy crisis

Martin Lewis yesterday stated the expected rise of gas prices will be 77% I am not sure if he meant the whole price cap or just the gas side of it

---------- Post added at 10:33 ---------- Previous post was at 10:25 ----------

https://news.stv.tv/scotland/money-s...-to-rise-by-77

SnoopZ

29-07-2022 10:50

Re: The energy crisis

I was looking forward to paying off my £185 a month mortgage in October but it looks like it'll all be going into energy costs now!

Julian

29-07-2022 11:05

Re: The energy crisis

They must NOT be allowed to increase standing charges.

nomadking

29-07-2022 11:15

Re: The energy crisis

Quote:

Originally Posted by Julian (Post 36129767)

They must NOT be allowed to increase standing charges.

Why not? If the costs to the suppliers has gone up, then the money has to come from somewhere.

Jaymoss

29-07-2022 11:24

Re: The energy crisis

Quote:

Originally Posted by nomadking (Post 36129768)

Why not? If the costs to the suppliers has gone up, then the money has to come from somewhere.

The cost of maintaining the infrastructure is separate to the the price of energy though and lets be honest those who sell to us do not maintain anything bar perhaps the meter

Is it Centrica? the company that has reported massive profits?

nomadking

29-07-2022 12:10

Re: The energy crisis

Quote:

Originally Posted by Jaymoss (Post 36129769)

The suppliers get charged for providing the infrastructure. The standing charge is separate so you can compare usage tariffs.

It's NOT Centrica, and even if it was, Centrica is the PARENT multinational company, so has several sources of income, including selling Oil and Gas(where they DON'T set the buying price).

Eg Western Power Distribution is the Electrical distributor for the Midlands, South Wales, and the South West. They will be the ones setting the distribution costs for those areas.

Hugh	29-07-2022 12:10

Re: The energy crisis

Quote:

Originally Posted by nomadking (Post 36129768)

Why not? If the costs to the suppliers has gone up, then the money has to come from somewhere.

From their vastly increased profits?

nomadking

29-07-2022 13:02

Re: The energy crisis

Quote:

Originally Posted by Hugh (Post 36129773)

From their vastly increased profits?

WHOSE profits? Are the distribution companies making "vastly increased profits? NO. otherwise Ofgem wouldn't have increased the standing charge cap.:rolleyes:

Western Power Distribution

Quote:

The operating companies within the WPD Group have a continuing licence obligation to be a sustainable business and provide essential services to society.Based on these licence conditions and the regulatory framework of the WPD Group,the Company is expected to have a continuing,stable stream of revenue.

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