Some good advice if you are with one of the smaller companies and they have not already gone bust.
https://www.walesonline.co.uk/news/u...-says-21652211
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Some good advice if you are with one of the smaller companies and they have not already gone bust.
https://www.walesonline.co.uk/news/u...-says-21652211
Annoyingly, Utility Point failed to transfer me out several weeks ago, as I requested. I could have gone to EDF and received a £50 bonus for doing so (as a friend works there and would receive the same amount regarding my transfer). Instead, I am now being transferred to EDF automatically as they are the relevant supplier of last resport in this case.Quote:
Originally Posted by dandywarhol
mine have gone bust, I guess I'll just take a meter reading and wait for a huge bill to hit the doormat
Could it be worth upping your readings, so it'll be charged at the lower previous price? Just a thought, can't say I've thought it through.
I left igloo for Shell energy. ItsQuote:
Originally Posted by Taunton Blue Genie
Switch went through, however Igloo owe me 200 quid and are on the verge of going bust
we've nothing to worry about as the Welsh Nationalists have informed us recently that we're the 5th largest exporter of energy in the world.
I'm with Avro but was in credit when they went bust.Just waiting to find out how much I'll have to pay-be like a second mortgage I suppose.
your credit is protected and will transfer to whoever you take a new contract out withQuote:
Originally Posted by dandywarhol
Latest energy crisis is capitalism at its finest.Quote:
Originally Posted by Feedback
Same here. I'm more concerned about who I am transferred to and what the tariff will be. The credit should be safe though. However, a few years ago my supplier went bust, I was transferred to Together Energy (as was my credit), but their tariff was too high so I switched to Avro but had to take Together Energy to the equivalent of the small claims court in Scotland to get me credit back.Quote:
Originally Posted by sneggyblubird
I wonder if anyone will look at the Severn barrage again, now the price on the market has shot up, also in terms of energy security it makes a lot of sense to me
My fixed rate with Octopus finishes next week. The fixed rate available to me is about 40% more expensive so I'm just going to stay on the standard rate and be subject to the cap.
So the crux of all this is gas prices have gone up, what does this really mean though? Aren’t we all relying on the Russians for gas? So have they just upped the price?
I predict that when the wholesale price goes down at some point, the savings will not be passed on to the customers.
The suppliers will be recovering the losses that they are incurring at the moment.Quote:
Originally Posted by bobh
Nationalise it all
Energy , water , trains
You dangle money in front of people and they will run off a cliff like a lemming
How about the government covering these lossesQuote:
Originally Posted by RichardM
It's basically a privatised monopoly anyway after privatisation
I think your previous post, "nationalise it all" is a better solution.Quote:
Originally Posted by SLUDGE FACTORY
It will never happenQuote:
Originally Posted by RichardM
We have been sold a dud that the market always levels off
It’s the classic capitalist way isn’t it? They run the old system down until it’s almost unworkable, we then accept anything just to make it function properly again which is usually a private firm. Just look at the nhs
Of interest:
https://www.bbc.co.uk/news/world-europe-58650634
Wages will go down. Most lads won't work for what's offered and will find something else.Quote:
Originally Posted by RichardM
https://en.wikipedia.org/wiki/List_o...ricity_exports :shrug:Quote:
Originally Posted by Feedback
The consumer price energy cap has effectively done for a number of these smaller companies as they couldn't cope with world markets fluctuating , big players like Russia restrictions are effecting market prices its interesting to note that there is very little profit in this market some say as little as 5% which leaves very little wriggle room for smaller companies.
We need to embrace nuclear power as the solution and become independent it can be produced without big Co2 impacts
There was a tweet by the Welsh Nats making such a claim. Its nonsense of course.Quote:
Originally Posted by delmbox
Why do you say it's nonsense? Where does Wales come in the actual genuine this-is-the-real-competition ranking?Quote:
Originally Posted by Feedback
building the severn barrage would double thatQuote:
Originally Posted by delmbox
The World Factbook is incorrect, then. Care to provide a link showing that it is nonsense to back up your claim?Quote:
Originally Posted by Feedback
Since the UK is 34th I'd argue Wales is lower than that.Quote:
Originally Posted by lardy
The link posted by DelmboxQuote:
Originally Posted by Eric the Half a Bee
Everything below 25th is 2007 or older, all bar one above is at least 2014. The newer data is more likely to be accurate.Quote:
Originally Posted by Feedback
It's quite loose ground to make your argument.
no, it just meant that Wales generates more electricity than it consumes, but England consumes a little more than it produces.Quote:
Originally Posted by Feedback
in fact Wales generates about twice as much energy as it consumes
Which says Wales is the 5th largest exporter.Quote:
Originally Posted by Feedback
I wonder what percentage of all electricity used in the UK comes from Wales? I'm guessing that's where most of the exported electricity goes, to the rest of the UK?Quote:
Originally Posted by Rjk
I think we generate about 10% of the energy in the UK, but only consume 5%Quote:
Originally Posted by Eric the Half a Bee
Thats a fair point.Quote:
Originally Posted by lardy
I'm still not sure whether being 5th largest exporter of electricity means anything when you rely on imported oil and gas for 75% of your electricity generation.
And the surplus we produce is for an extra 3m people. It's not as if we're a major source of power. Context is everything.
Thats just been changed, checked the edit historyQuote:
Originally Posted by Eric the Half a Bee
:hehe:
Yes of course. I imagine it's to the marches and the South West.Quote:
Originally Posted by Eric the Half a Bee