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Old 20-10-2013, 21:16   #135
martyh
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Location: newcastle upon tyne
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re: [MERGED] Utility companies - price rises

Quote:
Originally Posted by Damien View Post
OK This seems to be the structure of the typical UK energy bill:

https://www.ofgem.gov.uk/ofgem-publi...uly2013web.pdf

Gas:

Wholesale: 67%
Distribution Costs: 16%
'Transmission' costs: 2%
VAT: 5%
Green Taxes: 6%
Other Costs: 4%

Electricity:


Wholesale: 58%
Distribution Costs: 16%
'Transmission' costs: 4%
VAT: 5%
Green Taxes: 11%
Other Costs: 5%

Some places seem to put 'Other Costs' (Ofgem describes this as the cost of electric meters, storage and so on) as a 'Green Tax' so that raises to 10% and 16% respectively or 15% and 21% if you wack VAT onto that as well but the actual green policies are included in the Green Tax figures (minus the poverty taxes as well)/
Nice find


---------- Post added at 21:16 ---------- Previous post was at 21:11 ----------

Quote:
Originally Posted by TheDaddy View Post
Tell your inner cynic to pipe down, the top five guys at british gas are paid fifteen million between them, they aren't silly enough to ignore the fact that just about the only thing that resonated with the public during conference season was the fuel cap, if anything their hike will encourage other parties to adopt similar policies or for Dave to tell us all to switch
Your forgetting that should such a fuel cap ever happen it won't happen for a few years yet and if it does happen the cap will most likely be set at the current prices of the time so getting the prices as high as possible before that happens is very much in the interest of the energy suppliers
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