The Wholesale price gas and electricity is 4x what it was in June 2020. Back then it was approx 4p per Kw/Hr for Electricity and 1p per Kw/Hr for gas Now its approx 12p for Electricity and 4p for Gas
Energy Prices
Chuffin Hell! I just went on-line and have seen that I am over £800 in credit on my gas and electric and I am just about to pay my June direct debit payment, which at the moment stands at - after we lost the £67 government help - £237 per month.
I think I need to re-assess.
Pompeyexile Chuffin Hell! I just went on-line and have seen that I am over £800 in credit on my gas and electric and I am just about to pay my June direct debit payment, which at the moment stands at - after we lost the £67 government help - £237 per month.
I’ve been 600 or 900 credit for a year, but they finally lowered by DD to £108 from £170, I supposed they finally realised I would simply build up another 350+ onto my current £600 credit remaining after the winter of discontent….pushing it up to almost £1000.
I don’t actually understand why we cannot just be rendered a bill and pay it….one time BT used something called a budget account (a fixed amount every month) for bad payers. Now it seems that we pay more for paying a bill on recpt (if the supplier even offers that option), and even if that bill is automatically paid by DD. The norm now is not a discount AND to pay a fixed amount every month. I would love OFGEM to actually fix this, but they never work on behalf of consumers do they.
Trouble it it’s a price controlled cartel, with no effective competition.
I could rant about this for ages. Consumers are basically being screwed in both ways whilst the energy companies profiteer and government protect them. Eviscerating our gas storage, not being able to fix to spot, wind being almost impossible to put on your own land, solar panels being villified, forest management being trash, the prebuying being paid for by the consumer in advance, our own gas not being for our benefit. It’s a huge mess.
It’s reflected at the pumps too; we’re not protected in any way. And don’t get me started on boat energy costs.
Not got this issue with Octopus - if you have credit you can request a refund and adjust your DD as you like (they will suggest a payment amount based on your bills)
Anybody can request a refund from their supplier if they re in credit
Funnily enough though octopus have now altered the DD setting, atleast for me, I used to be able to choose any amount. Last summer I set our DD to £90 to cover bills, now the minimum I can set is £220
I don’t bank with octopus so I have just enough to cover what’s going out, I’m currently now £200 in credit and coming into summer paying £220 per month
It’s the biggest con going
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There was an article on radio 4 about this. One elderly lady (partially sighted) was over £5000 in credit and they upped her payments to £250 and pestered her for payment.
It was ‘resolved’ when her daughter and R 4 became involved.
We are with Ovo energy, we send them a meter reading, they send a bill, we pay. Next month they say we owe from
last bill ?? (only a few pounds). We explained that if we go to a petrol pump and put in £50 worth, when we pay the cashier we do not expect to be told we owe £53 ? This has gone on for so long it is now with the ombudsman.😆
Most energy firms are just terrible
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capuchin My dad always said you had to be well of to own a boat and wealthy to own a Yacht…as for a “Cruiser”…dunno?
And my dad always said; best friend is the friend who has a boat/yacht 😄
11 days later
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Saw something today which I thought was interesting regarding solar panels and where to put them. Many people are bothered about seeing swathes of them covering fields etc so a Swiss company have come up with a novel idea. Putting them in a place which is already there, does not affect the either te landscape, nature or animals and only has one drawback.
Were is this Nirvana for solar panels I hear you cry!….in between railway lines.
There are millions of miles of railway lines. This company say they can fit 1 × 2 metre panels and for every 1000km of rail they would use ½ million panels and could generate as much as a 450 megawatts solar farm. Even the trains themselves could use the energy provided.
The one drawback…. trains that still use the old system for getting rid of human waste…which used to be to flush it onto the lines. Surely we are not still doing that!
when i was in wales we past a field of solar panels went on for quite a while, horrible to see really
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There are quite a few near me but they are mostly pretty well placed and you can hardly notice them. I always think new factory rooftops should be forced to have them on top as well as new build housing.
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Get a pretty, enthusiastic hand waving girl to present stupid. She tries to make it believable that this is the answer. That energy storage system could power the grid for 30s at 3am (obviously it can’t discharge at that level, it’s just for an idea of scale). To power the grid for 1 hour, you would need 140 of them….or for 1 night of no wind and sun in the winter. 1,400 of them. this assumes a 100% discharge capacity and no grid losses, in reality probably 2000 would be needed. During the day our power consumption almost doubles.. So a non windy, rainy winter day would need 4000 of these batteries to provide power for 10 hours. More than 10 hours of rain, no sun and no wind…then the lights go out, even if we build 4000 of these things. Someone’s getting rich on the back of all this, because funnily, energy isn’t getting cheaper…quite the reverse,
We have one answer….conventional nuclear if we want long term energy security…especially when built with up to date tech.
I agree that renewables aren’t enough on their own at the moment. Tidal always seems like the sensible choice to fill the gaps when it’s dark and still but doesn’t seem to gain any traction.
