Energy bill increases

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People talk about not paying, the biggest way to affect this situation is to slash use - hurts the companies as they won't get a rise in revenue.

I don't think they're making huge profits though. Radio 4 looked into it and it was something like £60 per household.

We've all been far too lax for years with cheap power.

We'd be silly to use more power than we need.
 

jowwy

Can't spell, Can't Punctuate....Sue Me
I don't think they're making huge profits though. Radio 4 looked into it and it was something like £60 per household.

We've all been far too lax for years with cheap power.

We'd be silly to use more power than we need.

So billions in profit isnt huge???

E.on made £3.7b in the first 6mths of the year
 

nickyboy

Norven Mankey
It looks like the "average" household bill will get capped off at about £2k (as opposed to something like £5k), having been running consistently for many years at about £1k. The downside on this is that the current plan seems to be to hold bills at £2k average for a number of years beyond the point where they naturally would fall back towards the historical £1k mark

So we all may have to get used to energy being twice the price of historical norms for a good number of years. The good from this, of course, is that it will hopefully make us more energy conscious and energy efficient. The bad is the most vulnerable in society will continue to need support with basics like keeping warm
 

MrGrumpy

Huge Member
Location
Fly Fifer
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Just moved onto the variable rate as of today . This is mental truly mental :sad:
 

fossyant

Ride It Like You Stole It!
Location
South Manchester
View attachment 660176
Just moved onto the variable rate as of today . This is mental truly mental :sad:

Have you been able to stick the value of the DD where you want, not what your supplier is saying ? I've been overpaying by over £120 per month since April. We've slashed the 'use' and April rates meant we were paying £200. As of 'now' Scottish Power are indicating £600 per month as the DD for the new October Rates (I'm paying £330 and will be £500 in credit). SP wouldn't let me drop below £330 pm on line, so if I include the £400 refund I requested a few months back, I'd have been £900 in credit. Their predictions are going off previous 12 months, so if like many folk, you've cut use, they will still be looking at at least 6 months of prior high use in calculating the next 12 months.

Excluding what may happen in the next few days, I shouldn't be paying more than £400 per month at the new rates, but if SP insist on £600, I'll be on the phone as I'm in credit by a fair amount that will cover Winter - gas mainly will increase.
 

fossyant

Ride It Like You Stole It!
Location
South Manchester
@Moderators - this is NACA all the way down now, shirley?

I mean, I've all sorts of opinions on the subject but unless this thread stays to practicalities of what to switch off and when or the like, it's all highly political.

There is still lots of practical stuff - I've been posting a fair few observations ! Keep an eye on the DD's.
 

fossyant

Ride It Like You Stole It!
Location
South Manchester
If the prices get fixed as they currently are (April rate) then it's manageable for many, although I'd still like to see more support for people like my niece on a pre-pay meter with one income and two kids in rented property.
 
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