Energy bill increases

[DaveReading]

I weigh 185 kilograms.

Well OK, it's actually 185 pounds - but there's absolutely no need for people to make some big issue over the wording. They know what I meant.

 

[Deleted member 26715]

You can tell it's half term the children are staying up late

 

[slowmotion]

You can tell it's half term the children are staying up late

Doing their physics homework.

 

[SpokeyDokey]

Strange thread this - here we are discussing the minuate of domestic power consumption but no mention of the new Chancellor's bombshell dropped on Monday re the energy support package now ending in April.

Without getting overtly political - it's a ******g disgraceful about turn.

 

[fossyant]

Strange thread this - here we are discussing the minuate of domestic power consumption but no mention of the new Chancellor's bombshell dropped on Monday re the energy support package now ending in April.

Without getting overtly political - it's a ******g disgraceful about turn.

I suppose it's likely to tip into Politics, but it's a massive U-turn. The price cap won't apply, so the unit cost will rocket. I can understand the £400 stopping as spring/summer reduces consumption, but these prices need controlling, especially given the 'profits' these companies are making.

 

[jowwy]

Strange thread this - here we are discussing the minuate of domestic power consumption but no mention of the new Chancellor's bombshell dropped on Monday re the energy support package now ending in April.

Without getting overtly political - it's a ******g disgraceful about turn.

totally agree its a total ball bag of a reversal

 

[Tom...]

Not to mention the next day gas spot price of 40p and forward price of 180p is materially lower than the 300p/therm price cap

 

[mjr]

Not to mention the next day gas spot price of 40p and forward price of 180p is materially lower than the 300p/therm price cap

Oh no. Please don't introduce therms into the confusion of units here!

 

[Tom...]

Oh no. Please don't introduce therms into the confusion of units here!

Sorry!

 

[Deleted member 26715]

It does seem to be a strange way to do it, allow the energy companies to make profits & then effectively supplementing those profits by tax payers money, but at the same time making them pay tax's. I'm happy to put my hand up & say I don't understand the logic

 

[mjr]

It does seem to be a strange way to do it, allow the energy companies to make profits & then effectively supplementing those profits by tax payers money, but at the same time making them pay tax's. I'm happy to put my hand up & say I don't understand the logic

I think that may be explained by part of the reason (not exactly logic) being "we must invent our own approach". To say more will require a move to NACA.

 

[cougie uk]

Strange thread this - here we are discussing the minuate of domestic power consumption but no mention of the new Chancellor's bombshell dropped on Monday re the energy support package now ending in April.

Without getting overtly political - it's a ******g disgraceful about turn.

I thought he'd said it would be rethought? Not dropped entirely.

It does seem crazy that people with no money worries get the cash as well.

But hey - April might be two prime minister's away. Who knows

 

[fossyant]

I thought he'd said it would be rethought? Not dropped entirely.

It does seem crazy that people with no money worries get the cash as well.

But hey - April might be two prime minister's away. Who knows

Only two PM's...

 

[SpokeyDokey]

I thought he'd said it would be rethought? Not dropped entirely.

It does seem crazy that people with no money worries get the cash as well.

But hey - April might be two prime minister's away. Who knows

The two year commitment was truncated to April and thereafter a review panel is to be set up to determine the way forward vis-a-vis managing energy supply costs.

 

[jowwy]

im hoping they will sort it out, so that people like octopus who supply green energy, can stop being charged for gas produced electric and can pass those savings onto customers.....but i cant see that happening