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Utility companies - price rises
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Old 14-10-2013, 13:21   #16
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

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Originally Posted by Taf View Post
They always bleat about "Wholesale Prices" rising. Maybe it's the wholesalers who are the true rip-off merchants? Plus the government who tag on a big whack for "green" purposes?
The big six energy companies buy wholesale from each other, or from their own wholesale subsidiaries. This makes me very suspicious when I read their claims about how small their profits are per customer. A more cynical person would accuse them of rigging the wholesale price to ensure that the retail companies (that we pay for our energy) are not seen to make a large profit.

The UK's energy prices are not the highest in Europe, but that doesn't mean that price increases by the UK energy cartel are justified.
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Old 14-10-2013, 14:24   #17
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

Notification of gas and electricity price increase has arrived by post. No mention of percentages, but the big increases have been in the Standing Charges which we pay even if we use no gas or electricity.

I calculate gas is up 8.2% and electricity up 8.9%

They reckon our annual bill will be around £1550
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Old 14-10-2013, 16:28   #18
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

I thought it was 10% combined rather than each ?
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Old 14-10-2013, 17:49   #19
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

There are a few discounts on my account (Direct Debit, paperless billing, etc.) and the postcode lottery also applies.
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Old 14-10-2013, 19:32   #20
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

Thanks but my question was 'I thought it was 10% combined rather than each ?' in response to (in bold)..

Quote:
Originally Posted by Taf View Post
Notification of gas and electricity price increase has arrived by post. No mention of percentages, but the big increases have been in the Standing Charges which we pay even if we use no gas or electricity.

I calculate gas is up 8.2% and electricity up 8.9%

They reckon our annual bill will be around £1550
?
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Old 15-10-2013, 00:54   #21
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

Head up Scottish Power have a fixed rate till March 2015 competitive with current running fixed tariff plans.
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Old 15-10-2013, 10:50   #22
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

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Originally Posted by thenry View Post
Thanks but my question was 'I thought it was 10% combined rather than each ?' in response to (in bold)..?
I heard 9.2% in one TV report, but, as I replied, that is only an "average" as discounts, etc., can vary the final percentage increase quite a bit.
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Old 15-10-2013, 13:20   #23
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

Ah the super soaraway Sun. Sigh....
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Old 15-10-2013, 23:58   #24
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

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Originally Posted by Taf View Post
I heard 9.2% in one TV report, but, as I replied, that is only an "average" as discounts, etc., can vary the final percentage increase quite a bit.
on combined ? if so then the rough 10% hike stands for duel fuel. they couldnt possibly hike gas and electric as much as you calculated.
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Old 17-10-2013, 11:32   #25
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British Gas announce average 9.2% price rise

http://news.sky.com/story/1155720/en...by-9-2-percent

Why is the government allowing this to happen. The public are being hard pressed as it is from other utility comapnies with increases in prices.

I am with British Gas and this will hit me hard. We have energy within our own garden.

We must reinvest in coal in this country and open up the minefields. This will also create jobs in hard hit area's.

This IMPORTS coal from other countries, so why not produce our own. Many OAP's will be glad of this. And yes some OAPs will have central heating, but at least it will be some comfort to the hard pressed families.

It does not make sense where this government is sending billions of pounds over sea's yet won't help out in this time by telling these companies that this has to stop.
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Old 17-10-2013, 11:38   #26
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re: [MERGED] Utility companies - price rises

Our governments lack of forethought dating back a long time has led us to this. All they are ever interested in is what will win the next election. This applies equally with Labour and Conservative

There have been massive advancements in clean energy from coal we have massive resources of coal still available to us but the mines stay closed

We will have nuclear power enough to service us eventually there are plans to build 12 stations iirc but that of course will take time. I personally would rather investment in this was put before the aid bill

I was watching watchdog last night and after the interview with some woman to do with one of the big 6 ( only caught this bit) I am not convinced there will be enough energy to keep the lights on this winter
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Old 17-10-2013, 11:52   #27
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God you really short sighted Arthur, you blame everything on the current government and allow no blame to be apportioned to Labor, your one sided ideals really get on my nerves.
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Old 17-10-2013, 12:00   #28
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re: [MERGED] Utility companies - price rises

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Originally Posted by heero_yuy View Post
They are not state owned companies, if the government were to try and cap prices they might just abandon the supply market and let the lights go out. Millipede's ill judged cap statement wiped over £1 billion off these companies and that came straight out of the pension funds.

Anyway join the club, we're with SSE and have already had the price hike (8.3%) that is coming to all the customers whoever you get your energy from. A big chunk of it comes from the carbon and green taxes that the last administration, Labour remember?, signed up for.

Some of your increase also pays for those in fuel poverty to get help.
and here is the crux. The open market economy created by Thatcher has left us with no real control. These energy companies can virtually charge what they want. She missed the change of making it a mixed market economy and keeping some control so the consumer still gets value for money.
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Old 17-10-2013, 12:29   #29
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Re: Bad news everyone SSE to raise energy prices aprox 8.2 %

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SSE has already announced an 8.2% increase in bills from 15 November.
Energy debate

On average, customers will see a dual-fuel bill increase to £1,444 a year.

However, there are significant regional variations. On average, the biggest increase in a dual-fuel bill is an 11.2% rise in the Scottish Hydro Electric region. The smallest is a 6.8% increase in the south west of England.
http://www.bbc.co.uk/news/business-24562930

Smallest increases in the part of the country that is usually warmer in winter, so less heating required. Go figure....
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Old 17-10-2013, 12:38   #30
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re: [MERGED] Utility companies - price rises

I said before all this started that it will have a knock on effect with everything.

people will cancel their TV licences, which will lose the BBC money.
people will cancel their Virgin/Sky packages which will lose Virgin and Sky money.
people will buy stolen property which is a crime increase due to demand.
people will buy duty free baccy and alcohol which is excellent.

everyone is out to get what they can out of the people. and they will be treading over each other to get whatever pennies the people have that they can take from them.

sit back and watch.
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