Fuel Crisis/Energy (Previously Meter Readings) | Page 3 | Vital Football

Fuel Crisis/Energy (Previously Meter Readings)

They say releasing new oil fields won't reduce the cost of oil to us as it's a world market. But why can't we issue licences that agree to produce the oil and only use it here...at a reasonable price ...not the World price. It's OUR oil.
 
They say releasing new oil fields won't reduce the cost of oil to us as it's a world market. But why can't we issue licences that agree to produce the oil and only use it here...at a reasonable price ...not the World price. It's OUR oil.
Sounds like socialism to me, not good enough, we need everyone to struggle immensely whilst a very small number of people get very rich, it's the only way.
 
Just done my meter readings. On the electric one I added a few hundred extra units and still ended up with a credit as they had estimated our previous bill.
 
I've laid the law down with my lad at home tonight,: no lights to be left on, turn the shower switch off once you have showered, do not leave the heating on overnight etc.

He is giving me extra lodge. I told him tonight that Gas and Electricity has gone up by 54% and will likely be going up by 32% from what I have read in October. He looked stunned
 
Ok, so please. Someone more geeky/knowledgeable than me (ie most of you) answer me this.

I have a tarrif fixed until 2023 and a smart meter. Said smart meter reports that I spend around £3.75 per day on leccy and £1.30/50 per day on gas. So around £160 per month?

And yet today, British Gas have ‘suggested’ I change my DD to £197 per month for electricity and £70 for gas so I am not in debit by the end of my term. £270 per fucking month??!!

WTF?
 
Are you sure you're on a fixed tariff? When did you sign up for it? I was under the impression that most tarrifs were 12 months long, and there have been no fixes available this year (or even last year) that were better than the price cap.
 
Are you sure you're on a fixed tariff? When did you sign up for it? I was under the impression that most tarrifs were 12 months long, and there have been no fixes available this year (or even last year) that were better than the price cap.
Presumably I havefucked up then. Would not be the first time :lol:
 
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https://www.bbc.co.uk/news/technology-61235367

UK households could save an average of £147 per year by switching off so-called vampire devices.

Yeah read this.

Unfortunately turning off my TV at the wall just isn't practical as the switch is hidden (I guess it's the sane for most wall mounted TV's).

Also turning off set top boxes isn't really feasible as people use them for recording.

I'll defo start turning my microwave off at the wall though. Might save me a quid per month.
 
Yeah read this.

Unfortunately turning off my TV at the wall just isn't practical as the switch is hidden (I guess it's the sane for most wall mounted TV's).

Also turning off set top boxes isn't really feasible as people use them for recording.

I'll defo start turning my microwave off at the wall though. Might save me a quid per month.

Agreed, also turning off some things like sky q could re-set them which I wouldn't want. There is saving money and things being a pain in the backside for a few pennies aren't there.

Martin Lewis has facebooked about the article saying it holds true but some of the modern technology is far more efficient than the article is quoting.
 
The UK should update the price cap on energy bills every three months instead of twice a year to help households, the energy watchdog has proposed.

Ofgem said that a more frequent price cap would reflect the most up-to-date energy prices.

https://www.bbc.co.uk/news/business-61462584

Allows them to make another increase sooner......and they will dawdle about before passing on any future decrease.
 
We had a 40c increase in a week last week. Gas for 5.99/gal and it's now 6.39/gal. Filled the car at 5.99 then went past it on Tuesday 6.19, next it was 6.29 and then a day later it was 6.39. Probably up again now.
 
We had a 40c increase in a week last week. Gas for 5.99/gal and it's now 6.39/gal. Filled the car at 5.99 then went past it on Tuesday 6.19, next it was 6.29 and then a day later it was 6.39. Probably up again now.
We buy our fuel by the litre. A litre at the moment is on average £1.70 so £7.65 for a gal. If you convert that into dollars we are paying about $9.65 for a gallon.
 
This new set of regulations is anti competitive. It effectively stops companies from offering lower rates. Capitalism is great so long as it isn’t in favour of the consumer. These regulations seem to provide more protection for the power companies than the consumer.
 
This new set of regulations is anti competitive. It effectively stops companies from offering lower rates. Capitalism is great so long as it isn’t in favour of the consumer. These regulations seem to provide more protection for the power companies than the consumer.
I'm guessing they do provide protection for the power companies, because they can't afford to have many more go broke, because of blackout issues and supply failures.
 
It's a good thing that the summer is on the way. But by the winter the prices will be even higher...
 
I would have thought that, by now, the companies in danger of going bust have mostly gone. The remainder seem to be surviving quite well on the customers hoovered up from the failed companies. A nice little cartel backed by Ofgem are consolidating their market and margins at the expense of the consumer. I thought the market was supposed to be competitive but the Market Stabilisation Charge acts against competition.