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Re: The energy crisis
Who gets what?
Energy Bills Support Scheme doubled to a one-off £400: Households will get £400 of support with their energy bills through an expansion of the Energy Bills Support Scheme. As well as doubling the £200 of support announced earlier this year, the full £400 payment will now be made as a grant, which will not be recovered through higher bills in future years. Energy suppliers will deliver this support to households with a domestic electricity meter over six months from October. Direct debit and credit customers will have the money credited to their account, while customers with pre-payment meters will have the money applied to their meter or paid via a voucher. This support will apply directly for households in England, Scotland, and Wales. It is GB-wide and we will deliver equivalent support to people in Northern Ireland. £650 one-off Cost of Living Payment for those on means tested benefits: More than 8 million households on means tested benefits will receive a payment of £650 this year, made in two instalments. This includes all households receiving the following benefits:Universal Credit Income-based Jobseekers Allowance Income-related Employment and Support Allowance Income Support Working Tax Credit Child Tax Credit Pension Credit DWP will make the payment in two lump sums – the first from July, the second in the autumn. Payments from HMRC for those on tax credits only will follow shortly after each to avoid duplicate payments. One-off £300 Pensioner Cost of Living Payment Pensioners are disproportionately impacted by higher energy costs, and many low-income pensioner households do not claim the means tested benefits they are entitled to. So pensioner households will receive an extra £300 this year to help them cover the rising cost of energy this winter. This additional one-off payment will go to the over 8 million pensioner households across the UK who receive the Winter Fuel Payment and will be paid on top of any other one-off support a pensioner household is entitled to, for example where they are on pension credit or receive disability benefits. Eligible households currently receive between £200 - £300, so the payment will represent at least double the support for this winter. The Winter Fuel Payment (including the extra Pensioner Cost of Living Payment) is not taxable and does not affect eligibility for other benefits. All pensioner households will get the one-off Pensioner Cost of Living Payment as a top-up to their annual Winter Fuel Payment in November/December. For most pensioner households, this will be paid by direct debit. People will be eligible for this payment if they are over State Pension age (aged 66 or above) between 19 – 25 September 2022. There are certain circumstances where an individual above State Pension age does not qualify for the Winter Fuel Payment which can be found here on gov.uk [https://www.gov.uk/winter-fuel-payment/eligibility] £150 Disability Cost of Living Payment Around six million people across the UK who receive the following disability benefits will receive a one-off payment of £150 in September: Disability Living Allowance Personal Independence Payment Attendance Allowance Scottish Disability Benefits Armed Forces Independence Payment Constant Attendance Allowance War Pension Mobility Supplement For the many disability benefit recipients who receive means tested benefits, this £150 will come on top of the £650 they will receive separately. £500m increase and extension of Household Support Fund To support people who need additional help, the Government is providing an extra £500 million of local support, via the Household Support Fund, which will be extended from this October to March 2023. The Household Support Fund helps those in most need with payments towards the rising cost of food, energy, and water bills. The government will issue additional guidance to Local Authorities to ensure support is targeted towards those most in need of support, including those not eligible for the Cost of Living Payments set out on 26 May 2022 |
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The one thing i can spot there is that the £400 in monetary value is equal to all, how far it will go dependant on fixed price vs variable vs pre pay. Would be interesting to what % of those on prepay also receive additional support. most pensioners will now receive a minimum of approx £1k towards their fuel costs this winter? |
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I wonder how many times that's been used. :scratch: |
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I've just checked the £300 Pensioner Cost of Living Payment.
It only applies to those who were born on or before 26 September 1955. |
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'Donations in general towards public expenditure If you wish to make a voluntary payment to HM Government you may arrange a direct bank transfer to HM Treasury. Please be advised that gifts cannot be ring-fenced for a specific purpose or assigned to a specific area of public spending.' |
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I fail to qualify for the Welsh Arsembly £500 payment for Carers by ONE MONTH. I miss out on the Pensioner Winter Fuel Payment (and therefore the Pensioner Cost of Living Payment) by 5 months. :dozey::dozey::dozey::dozey: |
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In reality I should be eligible for PIP but I just can not cope with the stress of the assessment so I do not claim. I am already stressed about my ESA one that I have not even heard about yet but knowing chances are I will need one in the next 2 years causes me anxiety already. |
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National Energy Action. |
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The payments are means tested already, including any benefits, pensions, state pension, savings, etc. With these direct payments from Mr Sunak, that may get worse as they could be classed as "income". The entire "household income" is counted, even that of non-dependants living with you. |
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The information on the .gov site is for Winter 21-22. :) |
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I've just checked https://www.gov.uk/winter-fuel-payme...l%20Payment%27. and it says just that. :confused: Ah I get it now, they haven't updated the info since the claim date for 21-22 had passed. And it looks like I'll get it automatically with no application required. |
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I officially become a pensioner in june even though i retired in 2017 |
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Looks like we've missed the bus on this. Or is it a negotiating ploy by EDF?
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Time to stop charging all those electric cars ........
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Interesting analysis on fuel prices. £$ exchange rate.
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The cost of petrol includes a lot more than simply the cost of the oil. |
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Simon Nixon is a muppet.
The pound has rarely been worth $2 in the last 40 years, and its falling/rising value over time had nothing to do with Brexit - indeed, it fell to $1.40 in Jan 2009. |
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You have to be a bit of a muppet to believe Brexit is not a significant contributor to the collapse of the Pound since 2016. Here's some background on this:
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EG On Black Wednesday, the German Bundesbank and the BBC:mad: were going around saying there was going to be a devaluation of the £. As such the traders were forced into selling sterling which drove the price down. By then buying sterling back after it had died down, they made a profit. Theoretical example, you have £100m, the rate is 3DM/£. you sell the £100m giving DM300m. The price drops to 2.5DM/£ and you buy sterling, giving £120m, £20m profit. Similarly with shares, if enough people can be persuaded that the shares of a company will rise, they will buy the shares hoping to make an easy profit by then selling them. That will drive the price up, artificially making it look like they were right. A self-fulfilling prophecy. Still nothing whatsoever to do with a drop from $2 to $1.40. March 2016 $1.4248, May 2021 $1.4065. Selected rates but, not a huge difference, |
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There was no "brexit" in 2008/2009, when the £ dropped 30%+. Fuel didnt rise becasue of this 30% drop either, in fact petrol prices dropped. |
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Someone should remind Ofgem that that is how DD works. You pay the same every month, either gradually paying-off a debt caused by high use over winter, or you build up a credit to be able to clear the upcoming winter bills. My former provider called me and asked if I wanted a growing credit to be refunded, and the caller was obviously surprised when I explained why I did not. |
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Bulb have been especially bad at this over the last couple of years. More than once they have increased my DD even when we’ve been heading into summer with a credit balance because their projections supposedly show I’m not paying enough. I have manually adjusted the amount down via my online portal several times and had to phone to get a substantial refund on one occasion. |
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The problem is that not all providers do/did that, leaving some customers with many hundreds of pounds in credit when their suppliers went bust. Avro never reviewed direct debits in my experience. When I renewed my tariff and asked for some of my credit balance to be refunded they refused and instead offered to reduce my future payments by £10 per month. But this was a result of me phoning them and asking, not them proactively reviewing my account. |
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Working out your payments based on the full year being like winter, and building up large balances, exactly like a free load (from us). |
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Thought they had increased my DD too much, but adding up the past years
usage and using the new higher rates, it's not too far off. I will be building up a large credit before winter sets in, which is annoying, but it should even out. Makes it easier to budget with a known fixed amount. Too many people lack the ability to cope with quarterly or half-yearly(eg water) bills |
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I got a call from EDF saying I need to up my monthly DD to £184 a month. At the moment I'm paying £116 a month. I asked for a statement with an up to date meter reading and I was £111 in credit. So something isn't right obviously.
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Are they legally allowed to set a DD amount that they decide, without your agreement? Just wondering ..
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Fortunately our electricity and gas usage is low enough to be able to pay quarterly. Of recent months we've been bearing down on any "vampire" appliances and saving where possible: Washing machine at 30C, only boiling just enough in the kettle, media server is only on when actually being used or building ratio, electric heating only where absolutely necessary, etc.
We have two freezers at the moment so I'm running down the contents of the upright one as it's the least efficient so it can be turned off. This electricity quarter is actually £80 less than the last even though the cost per unit and standing charge has gone up significantly. |
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Our electricity usage was pretty good until a smart meter caused a 40% jump and we still don't know why (maybe the old meter was reading low?).
But, on point, DD is just the mechanism, we pay by variable DD. When we did pay by fixed rate DD we alway accumulated credit, even over winter which shows how bad some of the estimates can be. Maybe they were hoping that by "over charging" they would encourage us to use more. |
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---------- Post added at 10:19 ---------- Previous post was at 10:14 ---------- I wonder if the Cost Of Living payments, which will be credited to our power company balances, has been taken into account? 2 neighbours said that they were looking forward to the "handouts" so that they could fly off for a holiday in the sun. When I told them they won't see any cash in their bank accounts, they were really miffed. |
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Price cap increase in Oct now projected to be 52%
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Some are telling people to cancel Direct Debit and create a Standing Order, that way you control the amount and NOT them. |
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The price cap for non monthly direct debit payers is £130 a year higher
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Our last electricity quarter just gone was £90 less than the previous one at £303 despite the price increases but only because I've been trying to save electricity wherever possible.
There's virtually nothing left to turn off except for the second freezer that has the overflow from the chest freezer. Unfortunately it's an upright model and quite old and thirsty. Something like 300W when running. I'll be looking to run down the contents and to turn it off ASAP. It's not so bad for two adults as you can always put on more layers in Winter and sit under a throw to watch the TV but for a family with kids that expect a warm house and endless baths/showers this is going to be tough. |
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I am the same as you. Cut right down. I can not save anymore. I was going to try and survive the summer without fans but I have failed that already haha. Worked it all out and will cost me about £15 over the summer for fans alone
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I'm going to group some of the tech things in the lounge: TV, DVD HDD, Modulator, antenna amplifiers/splitters and put them on a second power strip that will only be on when I'm actually using them. Probably only amounts to 10Watts in standby but every little helps as they say.
The DVD HDD recorder/player doesn't have any standby lights on it but the on/off buttons are very small so I bet it's not fully off when not active. |
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I am prepared to stop paying the TV Licence as I hardly ever watch live tv and could easily just watch on demand but will only do that if things get really bad next year. This year el gov is pretty much bailing me out but if it continues to rise it could get quiet hairy next year. Still I have lived on beans on toast before so can again hahaha |
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Has anyone applied for help from the Household Support Fund? I know a few people from my area that have, and they've received £200 towards their energy bills, £200 shopping vouchers to spend at a selected store such as Asda, Tesco, M&S, Aldi, or Morrisons etc. A few of them also received household items like a new washing machine, carpets, cooker and beds.
You have to be in receipt of certain benefits, but it's pretty easy to apply for, just search your local council website for "Household Support Fund". Enter post code here to find yours... https://www.gov.uk/find-local-council A decision was made within a week of applying and they had the energy credit and food vouchers within 2 weeks. The household items can take a few weeks more to be delivered. Got to be worth a try. |
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Very helpful post.
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The power and fuel costs are now feeding through in very obvious shop price hikes. Several items' I regularly buy have gone up between 9% and 14%, and some have suffered shrinkflation around 20%.
I managed to pick up a 5kg of dry penne pasta for £1/kg, whilst the store's own brand stuff starts at £1.70/kg. The bulk sacks of rice in the ethnic aisles has now caught up with the own-brand small packs per kg. Our gas and leccy consumption is now at its lowest average level for many years (before the twins got older and started gaming online). The mild winter certainly helped. |
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Maybe the thread title should be changed to cover the general increase in all prices, because as Taf says it's now starting to impact everydayness not just fuel bills.
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We are doomed captain, doomed.
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It’s not a “cost of living” crisis. It’s an “inflation” crisis.
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Not mine either
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Cost of living crisis…….answer, give people free money handouts, Rise wages Inflation crisis……answer…….not the above. |
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For a start, the Guvmin's support should take the form of a VAT cut, not a duty cut. That way profiteering is harder to hide and the peops get a better price.
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Price cap is now expected to see a rise of 65% now. Hard not to swear
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Those who drill the oil and gas are the ones taking the mick. Profiteering on the back of a global crisis. High demand means they can charge what they want and by golly they are doing exactly that
We should frack in this country and stuff the do gooders |
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Or are the maintaining their margins and thus their gross profit? |
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One thing is for sure I will not be using my heating again this winter no matter how cold it gets
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I don't understand how a unit of electricity from a UK based wind turbine can cost so much more than it did from the same turbine a couple of years ago.
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You've highlighted the biggest source of extra costs, and higher gas prices, and that is the Green fascists. Eg The start of this was in a major part created by Germany's policy of switching off nuclear and coal, and trying(and failing) to rely on wind power instead. ---------- Post added at 15:40 ---------- Previous post was at 15:38 ---------- Quote:
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Several millennia ago, much of northern North America, including Manhattan Island, were covered in several feet of ice. Also Devon Island, inside the arctic circle, had grass growing, but is now covered in ice and is inhabitable. The biggest source of glacier melt there is geothermal heating. How can that be? Just look around you. How would the world manage without plastics and the oil they come from? |
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https://www.bbc.co.uk/news/business-62330190
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I agree with Jaymoss, we should have a separate cost of living crisis thread. There are many disparate factors playing into the inability to afford essential things, not just energy. Maybe the mods can add their thoughts here?
I don't mind creating a new thread for the broader discussion ... |
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An unforeseen benefit of Brexit.
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