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[News] Energy bills to soar 50%



T

TomandJerry

Well-known member
Oct 1, 2013
11,450
"Energy bills will soar another 50% next year unless the government intervenes, the industry has warned.

Supplier EDF said the situation was "critical" as customers, already seeing record bills, are hit with more rises due to surging wholesale gas prices.

The increase in the price cap in April could be as much as £700, and by next October, the cap could easily exceed £2,000 - that is, twice as much as the levels seen last winter.

Merry Christmas and a happy new year from the energy industry."



Sent from my Pixel 6 using Tapatalk
 




nicko31

nicko31

Well-known member
Jan 7, 2010
17,571
Gods country fortnightly
Renewable energy suppliers not bound by the price cap have already hiked by prices 50%

The current situation is unsustainable, we could have fewer companies left in the spring than at privatisation

Could be the last winter of cheap energy, government would do well to offer some assistance on insulation.
 


Pevenseagull

Pevenseagull

Anti-greed coalition
Jul 20, 2003
19,612
In other utility news did everyone else get a Christmas card from Southern Water?

Personally I'd prefer them to have invested the money elsewhere i.e. not pumping shit into the sea.
 


Boys 9d

Boys 9d

Well-known member
Jan 3, 2012
1,793
Lancing


Wrong-Direction

Wrong-Direction

Well-known member
Mar 10, 2013
13,416
Oh great

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B

BN41Albion

Well-known member
Oct 1, 2017
6,401
studio150 said:
If we did, my wife must have immediately recycled the card without me seeing it.
Click to expand...

Given bin collection in the city it'll likely be sat in your recycle bin a good month or so before it gets collect, if you did fancy seeing what the good people of Southern Water had to say in their Christmas card
 








Baldseagull

Baldseagull

Well-known member
Jan 26, 2012
10,945
Crawley
Energy company phoned today trying to sign us up to a new fixed price deal for the next 2 years, at a mere 3 x the current fixed deal price.
 








Boroseagull

Boroseagull

Well-known member
Aug 23, 2003
2,060
Alhaurin de la Torre
Had solar panels installed last week with generous grant of 40% from junta de Andalucia - it's been cloudy since and now 3 days of (very welcome) rain.
 


southstandandy

southstandandy

WEST STAND ANDY
Jul 9, 2003
5,640
Luckily it's been so mild up to now we've still not required the heating to be on. The one upside of global warming?
 




beorhthelm

beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,300
Randy McNob said:
Thatcher's legacy
Click to expand...

continuing to live in so many heads, what a legacy. :lolol:

the problem is not supply for us on the edge of North Sea, its global prices. they are high due to a combination of fears over Russian supplies into Europe, with a ongoing backdrop of US cutting exports (because they ceased fracking), and China ramping up demand as they switch from coal to gas.
 




Z

zamora the merrier

Well-known member
Mar 1, 2009
1,439
beorhthelm said:
continuing to live in so many heads, what a legacy. :lolol:

the problem is not supply for us on the edge of North Sea, its global prices. they are high due to a combination of fears over Russian supplies into Europe, with a ongoing backdrop of US cutting exports (because they ceased fracking), and China ramping up demand as they switch from coal to gas.
Click to expand...

Is the correct answer!
 






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