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  • Energy Price Cap latest

    Insanity


  • #2
    Re: Energy Price Cap latest

    Our gas contract expired in April 2022.
    This guy was advising not getting a fixed rate deal, but to go with the flow. Just before we had to get a new contract, he said, 'Whoa the next cap is going to be massive - get the best fixed rate deal you can find' - which is what we did. Boy am I pleased with his advice.
    We get his updates and he's been predicting this stonking increase for months.
    So, it's time to top up the loft insulation, get into the habit of using the washing line not the tumble dryer (20% saving) and even considering opening up the front room fireplace (which I blocked off ten years ago). There's loads of wood lying around near us.

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    • #3
      Re: Energy Price Cap latest

      Wash yer smalls as you shower.
      Dry clothes naturally .
      Buy thermals.
      Listen to radio Instead of TV that will save 120 a month
      Lose 50 mobile contracts go pay as you go .
      Don't eat or drink out .
      Don't speed.
      Grow you own vegetables
      Free wheel down hills
      Walk Don't drive
      Shop at Aldi/ Lidl save a fortune.
      Microwave food instead of oven.
      Barbecue through warm winters
      Don't cool yer beer drink it warm
      Get 3 dogs. ..to keep warm at night..

      Hang on the world is warming why do we need to insulate ??

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      • #4
        Re: Energy Price Cap latest

        Originally posted by life on mars View Post

        Hang on the world is warming why do we need to insulate ??

        Seriously? After 40 degree temperatures last week? You want to know why we should insulate?

        Comment


        • #5
          Re: Energy Price Cap latest

          Originally posted by jon1959 View Post
          Seriously? After 40 degree temperatures last week? You want to know why we should insulate?
          He's a massive Pleb. He doesn't realise that good insulation keeps energy in the property, and that it also keeps the house cool during hot days.

          Comment


          • #6
            Re: Energy Price Cap latest

            Originally posted by Tuerto View Post
            He's a massive Pleb. He doesn't realise that good insulation keeps energy in the property, and that it also keeps the house cool during hot days.


            Yes a lot of the summer heat comes in through the attic, if it's really hot upstairs in the summer, you can see how much heat is escaping the other way in the winter.

            I did a 2.5 year fix up until March 2024 the longest deal I could get, i'm so glad I did, hopefully by then the worst will have past.

            Comment


            • #7
              Re: Energy Price Cap latest

              Is there any reason at all electricity has gone up too? We get barely any gas from Russia, 5% was it? They are taking us all for mugs I reckon.

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              • #8
                Re: Energy Price Cap latest

                Originally posted by goats View Post
                Is there any reason at all electricity has gone up too? We get barely any gas from Russia, 5% was it? They are taking us all for mugs I reckon.
                They use gas to generate electricity

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                • #9
                  Re: Energy Price Cap latest

                  British Gas owner Centrica and Shell see profits soar as bills rise https://www.bbc.co.uk/news/business-62330190

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                  • #10
                    Re: Energy Price Cap latest

                    If prices rise as is being suggested here, then millions simply will not pay. Which isn't a solution in itself at all, but I suspect it's what would happen, effectively a bill-strike. And if some got away with it then everyone would do it.

                    The oil and gas industries need to see the writing on the wall here - if they want to return to the normality they (and we) previously enjoyed, they will need to turn that profit made in other parts of their business into reduced energy costs, or else many countries will simply nationalise them, and bill payers either will not, or will be unable to pay.

                    Comment


                    • #11
                      Re: Energy Price Cap latest

                      Originally posted by goats View Post
                      British Gas owner Centrica and Shell see profits soar as bills rise https://www.bbc.co.uk/news/business-62330190
                      Government should hit them with a windfall tax and use that to fund a cost of living support scheme

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                      • #12
                        Re: Energy Price Cap latest

                        A 77% increase in October will be great news for debt collecting agencies as well as shareholders in energy companies. Klaus Schwab will be chuffed too as financial circumstances will compel people to slash their usage of nasty fossil fuels whether they care to or not. Save the planet wallahs will stoically grin from ear to ear when paying their rocketing gas and leccy bills.

                        I foresee several million pensioners and others who are skint hibernating in their beds clinging to a hot water bottle for much of late autumn and most of winter.

                        Comment


                        • #13
                          Re: Energy Price Cap latest

                          Originally posted by Organ Morgan. View Post
                          A 77% increase in October will be great news for debt collecting agencies as well as shareholders in energy companies. Klaus Schwab will be chuffed too as financial circumstances will compel people to slash their usage of nasty fossil fuels whether they care to or not. Save the planet wallahs will stoically grin from ear to ear when paying their rocketing gas and leccy bills.

                          I foresee several million pensioners and others who are skint hibernating in their beds clinging to a hot water bottle for much of late autumn and most of winter.
                          Cheaper to go away on holiday for Jan and Feb probably!

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                          • #14
                            Re: Energy Price Cap latest

                            Re nationalise gas and electricity

                            And the phones and water

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                            • #15
                              Re: Energy Price Cap latest

                              Originally posted by jon1959 View Post
                              Seriously? After 40 degree temperatures last week? You want to know why we should insulate?
                              One day, in 1976 it baked for weeks and a Welsh reservoir ran dry .. weeks of house pipe bans folk told to share bath water ...

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