09-08-2022, 12:57
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#826
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Virgin Media Employee
Join Date: Sep 2005
Location: Winchester
Services: Staff MyRates
BB: VM XXL
TV: VM XL
Phone : VM XL
Posts: 3,126
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Re: The energy crisis
Once the mortgage was paid off and so also not paying into the endowments we had "spare" in our monthly pot. We put most of that into savings with a little bit used for spending rather than increasing our lifestyle to match our newly increased spare finance.
Generally we have been fortunate that when big bills have hit we have had the resource to meet them. We are also able at this time to be hospitable. It's even more fun to be generously hospitable to those who can't return the favour (but without making them uncomfortable). Hospitality is about the guest rather than entertaining where focus is more on the host.
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09-08-2022, 13:03
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#827
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,439
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Re: The energy crisis
Quote:
Originally Posted by 1andrew1
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One can only reach the conclusion that the Tories are all in for one last hurrah at extracting the wealth of the British people into private multinational companies. Even the miserly £400 is simply siphoning taxpayers money into them. While barely touching the sides of the problem.
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09-08-2022, 13:22
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#828
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Just a Geek
Join Date: Jul 2015
Posts: 3,621
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Re: The energy crisis
Quote:
Originally Posted by jfman
One can only reach the conclusion that the Tories are all in for one last hurrah at extracting the wealth of the British people into private multinational companies. Even the miserly £400 is simply siphoning taxpayers money into them. While barely touching the sides of the problem.
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you say that but for me the £400 means I do not need to up my direct debit till after they finish paying it so it means a lot to me
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09-08-2022, 13:26
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#829
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cf.mega pornstar
Join Date: Jan 2006
Posts: 18,811
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Re: The energy crisis
Interestingly the wholesale price is 40% down on what it was in March, be interested to hear what excuse they come up with to keep the prices high next year
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09-08-2022, 13:57
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#830
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Just a Geek
Join Date: Jul 2015
Posts: 3,621
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Re: The energy crisis
Quote:
Originally Posted by TheDaddy
Interestingly the wholesale price is 40% down on what it was in March, be interested to hear what excuse they come up with to keep the prices high next year
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well in theory it should come down with the cap in April. We live in hope
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09-08-2022, 14:02
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#831
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cf.mega poster
Join Date: Jun 2003
Location: Kairdiff-by-the-sea
Age: 68
Services: TVXL BBXL Superhub 2ac (wired) 1Tb Tivo
Posts: 9,834
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Re: The energy crisis
Quote:
Some interesting bits of info ;
Nearly 120 wind turbines catch fire each year in the UK, according to research in 2014 - ten times the number reported by the industry.
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Actual figures:
Quote:
The researchers claim that out of 200,000 turbines around the world, 117 fires take place annually - far more than the 12 reported by wind farm companies.
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09-08-2022, 14:16
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#832
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Trollsplatter
Cable Forum Team
Join Date: Jun 2003
Location: North of Watford
Services: Humane elimination of all common Internet pests
Posts: 36,987
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Re: The energy crisis
So roughly 1 in 2,000. I’m not altogether sure what’s so scandalous about that, especially given the relatively youthful state of the technology. Plus, they tend to be located out of harm’s way.
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09-08-2022, 14:31
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#833
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cf.mega poster
Join Date: Dec 2013
Posts: 14,256
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Re: The energy crisis
Devil's in the detail on how this might work - that's the beauty of being in opposition - but at least they see the urgency of the situation.
Quote:
Lib Dems call for parliament to be recalled to pass bill scrapping rise in energy price cap
The Energy Price Cap Increase (Cancellation) Bill would make Ofgem maintain the existing rates, saving households an average of £1,400 this year, the Lib Dems said.
The Liberal Democrats are demanding parliament be recalled from its summer recess to pass a law to scrap impending hikes in energy prices.
The party has drafted legislation to cancel the price cap rise, which is due to be announced at the end of the month and coming into force in October.
The Energy Price Cap Increase (Cancellation) Bill would make Ofgem maintain the existing rates, saving households an average of £1,400 this year, the Lib Dems said.
The bill would also make the government produce a report into extending and backdating the windfall tax on oil and gas company profits to help cover the cost.
Liberal Democrat leader Ed Davey said: "People are worried sick about the next staggering rise in energy bills which is just round the corner.
"Yet we are faced with a deafening silence from the prime minister and chancellor, while both Conservative leadership candidates have failed to come up with a bold plan to solve this crisis.
"The Liberal Democrats have prepared legislation that is ready and waiting to implement our plans to scrap the energy price rise. Parliament must be recalled now so we can pass this law as soon as possible."
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https://news.sky.com/story/lib-dems-...e-cap-12669040
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09-08-2022, 14:43
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#834
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Dr Pepper Addict
Cable Forum Team
Join Date: Oct 2003
Location: Nottingham
Age: 61
Services: Flextel SIP : Sky Mobile : Sky Q TV : VM BB (1000 Mbps) : Aquiss FTTP (900 Mbps)
Posts: 27,823
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Re: The energy crisis
Quote:
Originally Posted by Taf
Actual figures:
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Quote:
Originally Posted by Chris
So roughly 1 in 2,000. I’m not altogether sure what’s so scandalous about that, especially given the relatively youthful state of the technology. Plus, they tend to be located out of harm’s way.
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https://www.cableforum.uk/board/show...4#post36130214
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Baby, I was born this way.
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09-08-2022, 20:59
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#835
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Just a Geek
Join Date: Jul 2015
Posts: 3,621
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Re: The energy crisis
82% predicted now FGS. This is just stupid
Would not be surprised if it creeps up to 90+% by October
Must admit it is really affecting my mental health
Last edited by Jaymoss; 09-08-2022 at 21:06.
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09-08-2022, 21:20
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#836
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cf.mega poster
Join Date: Apr 2004
Location: Northampton
Services: Virgin Media TV&BB 350Mb,
V6 STB
Posts: 7,866
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Re: The energy crisis
Link
Quote:
Which brings onto the question of why isn’t this lowering our bills?
The prime reason why you aren’t going to pay less money to heat your home or hot water tomorrow, despite gas being cheaper, is that most suppliers buy well in advance.
They can’t take advantage of low day ahead prices and pass them on to you, because they have already agreed a price for the gas and electricity that you will use tomorrow.
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09-08-2022, 21:25
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#837
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,439
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Re: The energy crisis
Doesn't sound very free market it sounds like the public getting strung up. Prices go up: you pay. Prices go down: you still pay.
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09-08-2022, 21:38
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#838
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Just a Geek
Join Date: Jul 2015
Posts: 3,621
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Re: The energy crisis
estimates are now 19% for January as well
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09-08-2022, 22:39
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#839
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Dr Pepper Addict
Cable Forum Team
Join Date: Oct 2003
Location: Nottingham
Age: 61
Services: Flextel SIP : Sky Mobile : Sky Q TV : VM BB (1000 Mbps) : Aquiss FTTP (900 Mbps)
Posts: 27,823
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Re: The energy crisis
What are these % figures you are quoting related to ?
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Baby, I was born this way.
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09-08-2022, 22:56
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#840
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Architect of Ideas
Join Date: Dec 2004
Posts: 10,439
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Re: The energy crisis
Quote:
Originally Posted by Paul
What are these % figures you are quoting related to ?
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The estimates (from Cornwall Insights) for the energy price “cap” rise.
Generally their estimates are the ones used in the headlines and they seem to be publishing them almost weekly.
My fix from last August is up in a few weeks and I took the deal offered for 12 months (about a 70% over the current variable rate). It looks like it’ll get there in October and go 20% over that figure in January and remain so well into next year.
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