Energy Bills

[foreveryoung]

1 minute ago, Jareth said:

I think the rabbit is out of the hat now. The defence of energy markets was that they would provide competition that would drive prices down for the consumer. Well there is no longer a market, there is no longer an effective regulator (you might say that has been intentional) and the man in the street can see that whatever price the energy is being bought for on the international market (out of their control cry the government) it is being sold onto the consumer at an even greater price, even when wholesale markets go down. It's blatant profiteering and it needs a political answer. 

Ofgem have alot to answer for. Basically doing nothing for the consumer now, looking after there own profits, seeing them rise so much over the last few years I guess.

[AshVilla]

2 hours ago, Wainy316 said:

What's the tipping point?  When do people start rioting?

People already organising movements re: mass non payment of bills.

Seen video with Martin Lewis suggesting as much.

What happens to these energy companies when people refuse to pay in their millions?

[Genie]

8 minutes ago, AshVilla said:

People already organising movements re: mass non payment of bills.

Seen video with Martin Lewis suggesting as much.

What happens to these energy companies when people refuse to pay in their millions?

They take people to court, and use their enormous cash reserves to cover their own bills.

[bannedfromHandV]

3 hours ago, markavfc40 said:

Wait no more. Shell just announced they made record profits of nearly £10bn between April and June and promised to give shareholders payouts worth £6.5bn

Not directly related but in the same sphere - Unilever said they were ‘thankful’ for the rising prices as they’d contributed to a rise in their profits.

It all feels very artificially inflated to me, something isn’t right.

[lapal_fan]

If you're worried about keeping warm in winter, here's a tip;

Turn your car on, on your drive and run pipe work from the exhaust in through a window in your home.  Make sure your home is well sealed and you'll benefit from the cheaper heat coming out of your car than you will an expensive gas boiler. 

[Genie]

1 minute ago, lapal_fan said:

If you're worried about keeping warm in winter, here's a tip;

Turn your car on, on your drive and run pipe work from the exhaust in through a window in your home.  Make sure your home is well sealed and you'll benefit from the cheaper heat coming out of your car than you will an expensive gas boiler. 

Petrol is too expensive for such activities 

[lapal_fan]

1 minute ago, Genie said:

Petrol is too expensive for such activities 

 

syphon it from neighbors cars when they are asleep

[sidcow]

24 minutes ago, lapal_fan said:

If you're worried about keeping warm in winter, here's a tip;

Turn your car on, on your drive and run pipe work from the exhaust in through a window in your home.  Make sure your home is well sealed and you'll benefit from the cheaper heat coming out of your car than you will an expensive gas boiler. 

Been doing this all afternoon and it didn't make a blind bit of difference. Grrr Elon Musk and his bloody Tesla.

[foreveryoung]

1 hour ago, lapal_fan said:

If you're worried about keeping warm in winter, here's a tip;

Turn your car on, on your drive and run pipe work from the exhaust in through a window in your home.  Make sure your home is well sealed and you'll benefit from the cheaper heat coming out of your car than you will an expensive gas boiler. 

It'll take a bloody long time to kill you these days. It's a myth new cars are still that bad for the environment, hardly any real dirty emissions these days.

[blandy]

48 minutes ago, foreveryoung said:

It's a myth new cars are still that bad for the environment, hardly any real dirty emissions these days.

Fewer harmful to health emissions, but higher CO2 emissions.

Quote

Our car emission tests have revealed that the latest cars are producing more CO2 (carbon dioxide) than the older ones they're replacing - on average, 7% more (10.5g/km). We've looked at every engine of every car we've tested since 2017 (when we last changed our test programme). That's 292 models. All were subjected to exactly the same test programme in lab-controlled conditions - our tests are more realistic and tougher than the official tests for numerous reasons, including the fact that we include a motorway cycle. When we compared cars certified under official tests that meet the very latest emission standards (Euro 6d-temp and Euro 6d) with cars certified under the previous regulations (Euro 6b and Euro 6c), we found the newer cars produce more CO2 in our tests. But it's not all bad news. Our tests have also discovered that the latest emission standards have done a fantastic job of reducing human-harming air pollution.

https://www.which.co.uk/news/article/new-cars-emit-more-climate-changing-co2-than-old-according-to-which-tests-aj0MV1u4ZF4h?utm_source=which&utm_medium=link&utm_campaign=text_share - Which?

 

[foreveryoung]

16 minutes ago, blandy said:

Fewer harmful to health emissions, but higher CO2 emissions.

https://www.which.co.uk/news/article/new-cars-emit-more-climate-changing-co2-than-old-according-to-which-tests-aj0MV1u4ZF4h?utm_source=which&utm_medium=link&utm_campaign=text_share - Which?

 

Co2 has got a bit better than when that test was carried out due the emissions scandal, they have secretly reduced the power slightly to reduce emissions, that's what your VW/Mercedes recall software update did. Although totally agree, we have sacrificed saving ourselves, by arguably doing more harm to the planet.

[Genie]

Quote

The government has announced how all households in England, Scotland and Wales will receive £400 to help with rising fuel bills this autumn.

The money, part of the Energy Bill Support Scheme, will be paid in six instalments.

Households will see a discount of £66 applied to their energy bills in October and November, and £67 a month from December to March 2023. 

But how the money is received will depend on how you pay your bill.

Customers paying by direct debit, either monthly or quarterly, will see an automatic deduction off those bills.

Those with "smart" pre-payment devices will see an automatic monthly top-up added to their account, meaning they will have to add less credit to their meter for the total energy they use.

 

 

link

[Davkaus]

Don't know where to start with that. £400 is barely scratching the surface, and instead of lowering the price cap, we're shaking the magic money tree to directly fund the profits of energy companies? Is this Tory socialism?

Edited July 29, 2022 by Davkaus

[Demitri_C]

5 minutes ago, Davkaus said:

Don't know where to start with that. £400 is barely scratching the surface, and instead of lowering the price cap, we're shaking the magic money tree to directly fund the profits of energy companies? Is this Tory socialism?

Its not enough but im not gonna turn my nose at £400 to help

It needs to be more but it helps

As for lowering price cap you just know those bastard energy companies are gonna come with another way to screw us over

Edited July 29, 2022 by Demitri_C

[Genie]

3 minutes ago, Davkaus said:

Don't know where to start with that. £400 is barely scratching the surface, and instead of lowering the price cap, we're shaking the magic money tree to directly fund the profits of energy companies? Is this Tory socialism?

It’s mental.

Earlier in the year we increased the price cap 54% and France only allowed a 4% increase.

This seems a better way in light of the fact they are swimming in billions of pounds of weekly profits.

Government should lower the cap and tell the suppliers to suck it up. It should be possible now to calculate a profitable cap that protects customers too. 

[Davkaus]

Just now, Demitri_C said:

Its not enough but im not gonna turn my nose at £400 to help

It needs to be more but it helps

It slightly helps, but it's only yesterday Centrica announced massive profits and dividends for shareholders, the other suppliers won't be far behind, and we're going to funnel £400 per household from the public purse into these companies bank accounts. It's well past time to set up a public energy supplier.

A few days ago the Tory leadership candidates were banging on about putting things in the countries credit card. This is over £11bn they've found to subsidise the profits of energy companies.

[Davkaus]

And it helps us by how much, it's taking off about 20% of the projected price increase? Not 20% off bills, 20% off the increase. The cap for the average household is going from something like under £1500 to over £3500 over a year and we've got £400 to help. Just rummage under the sofa for the other £1600 lads, those dividends don't pay for themselves.

Edited July 29, 2022 by Davkaus

[Demitri_C]

1 minute ago, Davkaus said:

It slightly helps, but it's only yesterday Centrica announced massive profits and dividends for shareholders, the other suppliers won't be far behind, and we're going to funnel £400 per household from the public purse into these companies bank accounts. It's well past time to set up a public energy supplier.

A few days ago the Tory leadership candidates were banging on about putting things in the countries credit card. This is over £11bn they've found to subsidise the profits of energy companies.

Dont get me wrong i agree with you about the profits. Its disgusting. While familes are struggling you hear stories like this.  It makes you sick to your stomach.

The price caps the best idea as you said but i just think these energy companies will find a way to screw us even more. All they are interested in is more and more profit. Its never enough for them. 

[bickster]

57 minutes ago, Genie said:

Earlier in the year we increased the price cap 54% and France only allowed a 4% increase.

EDF is majority owned by.... French Government

[ender4]

22 hours ago, Genie said:

From what I remember the initial plan was for them to buy shops and petrol stations but concerns were raised about competition as they’d have such a big market share of petrol stations.

Petrol stations were removed from the deal to buy the stores. A separate £750m deal for them was planned under the condition they sold off some of their non-Asda forecourt’s.

In October last year they pulled out of the purchase of the ASDA forecourts.

Asda near me have petrol at 175p now and diesel at 183.  The prices are slowly coming back down.  Will that reflect in the inflation rate having peaked and slowly edge downwards as well?