Re: Energy companies collapse
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I honestly don't think six is a bad number of companies to have in the market. And new entrants like Octopus and First Energy (acquired by Shell) have demonstrated that it is possible to succeed against the incumbents. |
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The state can provide all your communication needs, and we say you will get 55kps. And like it. I am open to a discussion on certain sectors being tighter regulated (not necessarily nationalised) |
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Difficult for me to use my own figures as my supplier(SSE) has made a right mess of them. I have 4 different rates mentioned for my electric for the past 6 months, the lowest of which is on the smart meter device. That hasn't changed overnight, although the standing charge has. If I was on PAYG, that would be the cheapest option by far. Whether that cheap rate ends up being the one used on bills is another matter. I changed from PAYG to credit a matter of months ago. The PAYG rate(£17.99) was lower than the credit rate(£18.55) used. Might've been a bad idea to change from PAYG, as it looks like I would still be paying the cheap £17.99KWh rate. |
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Re: Energy companies collapse
I went to bed paying 12p per kwh for electricity and 2.6p per kwh for gas.
I got up today paying 22p per kwh for electricity and 4.4p per kwh for gas. Plus the standing charges of course. |
Re: Energy companies collapse
Wow!
I currently (until June 22) pay 16.467p per kWh for electricity & 3.182p per kWh for gas (plus standing charges). |
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Re: Energy companies collapse
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When the wholesale price of gas has done this:
https://www.cableforum.uk/board/atta...6&d=1633080410 Many customers on fixed price deals and the rest with a price cap make suppliers business models obsolete overnight. There's speculation that the next one to go under may be too big for the remaining ones to absorb their customers. Attachment 29266 |
Re: Energy companies collapse
You'd think that with all the benefits that Double/Triple Glazing, Loft Insulation and Cavity Wall Insulation bring to homes, gas usage would be falling like a brick . . more so given the newer power generating technologies in place (wind turbines, solar power), so who's using it all?
Is the domestic customer paying the price for ever expanding business usage? |
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