05-02-2022, 14:50
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#541
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Just a Geek
Join Date: Jul 2015
Posts: 3,588
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Re: Energy companies collapse
Quote:
Originally Posted by Hugh
Quite a few of us won't be getting the £150...
(around 20%)
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there is a good chance a fair few of that 20% can soak up the costs
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05-02-2022, 15:18
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#542
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laeva recumbens anguis
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Re: Energy companies collapse
Quote:
Originally Posted by Jaymoss
there is a good chance a fair few of that 20% can soak up the costs
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There is a good chance a fair few of that 20% are on fixed incomes, such as pensioners…
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05-02-2022, 15:27
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#543
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Just a Geek
Join Date: Jul 2015
Posts: 3,588
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Re: Energy companies collapse
Quote:
Originally Posted by Hugh
There is a good chance a fair few of that 20% are on fixed incomes, such as pensioners…
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then they will get the winter fuel payment and if in need the WHD too...
As it is now my energy bills are 17-18% of my income after April it will be nearer 22-23% unless I go cold and cut back on electric more than I already have had too. Anyone in my position and those worse off than me are going to really struggle if this continues. I hope and pray everyone that needs support can get support
Last edited by Jaymoss; 05-02-2022 at 15:30.
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05-02-2022, 15:34
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#544
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cf.mega poster
Join Date: Feb 2012
Posts: 4,411
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Re: Energy companies collapse
Quote:
Originally Posted by nomadking
Ownership doesn't come into it.
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Ownership is the only reason this happened 
https://www.theguardian.com/business...d-energy-bills
Quote:
The French government will force EDF, the state energy giant, to take an €8.4bn (£7bn) financial hit to protect households from rocketing energy costs by limiting bill hikes to 4% this year.
The company lost a fifth of its market value on Friday after the French government set out plans to cap rising energy bills, which include forcing EDF to sell electricity generated by its fleet of nuclear reactors to rival home suppliers at well below the current record high market prices.
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05-02-2022, 15:55
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#545
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laeva recumbens anguis
Cable Forum Team
Join Date: Jun 2006
Age: 67
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Posts: 42,083
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Re: Energy companies collapse
Quote:
Originally Posted by Jaymoss
then they will get the winter fuel payment and if in need the WHD too...
As it is now my energy bills are 17-18% of my income after April it will be nearer 22-23% unless I go cold and cut back on electric more than I already have had too. Anyone in my position and those worse off than me are going to really struggle if this continues. I hope and pray everyone that needs support can get support
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Really?
Not all pensioners are receiving their State Pension yet - I will receive mine in November this year, and my wife will receive hers in five and a half years time…
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05-02-2022, 16:02
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#546
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Just a Geek
Join Date: Jul 2015
Posts: 3,588
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Re: Energy companies collapse
Quote:
Originally Posted by Hugh
Really?
Not all pensioners are receiving their State Pension yet - I will receive mine in November this year, and my wife will receive hers in five and a half years time…
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well as I said I hope and pray those that need help get help
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05-02-2022, 16:15
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#547
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cf.mega poster
Join Date: Apr 2004
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Re: Energy companies collapse
Quote:
Originally Posted by ianch99
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So not nationalised, not even fully owned, not the only supplier, and not a gas supplier. So nothing to do with the status of British Gas.
How does that address the cost of gas and gas generated electricity? 
Quote:
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Barbara Pompili, France’s environment minister, said the government planned to help EDF withstand the blow but has offered no details on this.
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Last edited by nomadking; 05-02-2022 at 16:21.
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05-02-2022, 17:08
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#548
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cf.mega pornstar
Join Date: Jan 2006
Posts: 18,802
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Re: Energy companies collapse
Quote:
Originally Posted by ianch99
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I do hope I'm not subsidising French people's bills
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05-02-2022, 19:32
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#549
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laeva recumbens anguis
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Re: Energy companies collapse
Quote:
Originally Posted by TheDaddy
I do hope I'm not subsidising French people's bills
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Unlikely - the U.K. part of EDF is only 5% of their business.
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05-02-2022, 19:40
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#550
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Dr Pepper Addict
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Re: Energy companies collapse
Quote:
Originally Posted by Hugh
Quite a few of us won't be getting the £150...
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My bet is most of us wont.
Councils will increase their tax by £150, so they will end up getting it, not us.
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06-02-2022, 09:16
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#551
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cf.mega poster
Join Date: Feb 2012
Posts: 4,411
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Re: Energy companies collapse
Quote:
Originally Posted by nomadking
So not nationalised, not even fully owned, not the only supplier, and not a gas supplier. So nothing to do with the status of British Gas.
How does that address the cost of gas and gas generated electricity? |
What on earth are you wittering on about? The French government have intervened, because they can, to cap rising energy bills by forcing EDF to sell electricity generated by its fleet of nuclear reactors to rival home suppliers at well below the current record high market prices. It is not a difficult concept to grasp.
---------- Post added at 09:16 ---------- Previous post was at 09:14 ----------
Quote:
Originally Posted by TheDaddy
I do hope I'm not subsidising French people's bills
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You will be if it is possible. That is the way the free market works.
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06-02-2022, 10:11
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#552
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cf.mega poster
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Re: Energy companies collapse
Quote:
Originally Posted by ianch99
What on earth are you wittering on about? The French government have intervened, because they can, to cap rising energy bills by forcing EDF to sell electricity generated by its fleet of nuclear reactors to rival home suppliers at well below the current record high market prices. It is not a difficult concept to grasp.
---------- Post added at 09:16 ---------- Previous post was at 09:14 ----------
You will be if it is possible. That is the way the free market works.
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The gas and gas generated electricity bills will still increase. The French government is still going to compensate EDF, so it will still cost the French one way or the other.
The sub-topic was about British Gas and whether it should've been privatised in the first place. Seeing as 50% of the gas we use comes from outside the UK, prices would go up whatever way you look at it.
France and Spain are more reliant on nuclear power and less dependent on gas generated electricity than the UK.
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08-02-2022, 22:42
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#553
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Woke and proud !
Join Date: Jun 2004
Services: TV, Phone, BB, a wife
Posts: 9,120
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Re: Energy companies collapse
Quote:
Smart meters are to automatically send energy suppliers half-hourly updates on their customers' power use in a revolutionary move that will allow "surge pricing" in millions of households' bills.
The energy regulator Ofgem will be granted legal powers in May allowing it to change the way smart meters operate, so that information about usage is sent to suppliers every 30 minutes by default.
Suppliers will be able to use the data to change consumer energy prices as much as 48 times per day, allowing them to charge more at peak times.
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https://www.telegraph.co.uk/business...surge-pricing/
It was only a matter of time. Smart meters never were for the customers benefit. I shall protect my nice old meters with my life ! 
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08-02-2022, 23:00
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#554
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Sulking in the Corner
Join Date: Jul 2009
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Re: Energy companies collapse
Quote:
Originally Posted by Mr K
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... as I reported not so long ago.
https://www.cableforum.uk/board/show...php?t=33710197
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08-02-2022, 23:11
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#555
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Just a Geek
Join Date: Jul 2015
Posts: 3,588
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Re: Energy companies collapse
been saying the same all along also
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