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What I mean by regulated hedging is a national strategy for hedging. Retail companies have been guilty of under hedging. Many appear to have taken a commercial decision not to hedge, motivated by speculation, hope and fear of differing from the crowd and therefore penalized in their stock price...

These energy companies that keep being mentioned only own a small fraction of global energy supply. OPEC and various other state owned oil companies control 80-90 per cent of global energy.

I agree about the state control but not for the reason of achieving a disconnect from the worldwide market. That aim isn’t realistic as we would then be subject to price spikes that couldn’t be smoothed by energy imports and missed revenue from excess supply. Also, the taxpayer would bear the...

I am also medically vulnerable. One by product of this is poor circulation which means I really feel the cold, particularly hands and feet. We can significantly reduce our energy usage though with warm clothes, blankets and watching more tv in bed ! We have a plan. Both of us can remember the...

Well, we pay around 35 quid a month (so around £420 p.a.) for two of us. We both work but the dishwasher and washing machine get heavy use (particularly the latter as we have a dog). We do take showers rather than baths though which may make a difference.

That’s an odd one. Water bills went up by an average of 1.7 % in April ie below inflation. There is no correlation with energy bills. Have you recently switched to a water meter showing your actual usage as much higher than estimated ? If so then you have been making sizable savings up to now...

https://www.bbc.co.uk/news/uk-england-somerset-62339183.amp ‘Hinkley B: UK's most productive nuclear power plant closes’ This won’t help either. Prices will go higher as will use of fossil fuels.

In a lot of cases they would have chosen not to buy forward. Airlines tend to operate in the same way. They don’t want to tie up the capital required for long term hedging and they always hope the price goes down anyway. I think you are mixing up a few things. The big winners in this are the...

What do you mean by the ‘major companies ?’ Your retail energy supplier is unlikely to have hedged until 2026. That’s why they are going bust. Any part of the chain that has done so would have taken enormous risk and had to set aside significant capital for such long term trades in illiquid...

True. The thing is though we have to reduce energy usage anyway to facilitate the energy transition. There simply aren’t enough renewable energy sources for us to keep living as we have been. I’m not comfortable with the idea of people refusing to pay their bills and then continuing to consume...

We will be significantly reducing our energy usage this winter and that combined with the 400 quid Government subsidy will mean we won’t have much higher bills.