As with increased food and fuel costs, you just wonder how some people and businesses are going to make it through the next couple of winters.
Businesses don't have a cap on energy costs. Suppliers are already refusing to quote pubs etc as the don't expect them to make it through winter and don't want the bad debts on their books.
Luckily the government is on the ball and about to announce a £50 billion energy subsidisation program to prevent a massive recession occurring in 3 months time. By that I mean the French government, ours is offering you £400.
Be glad your not on oil for heating
I actually am glad that I am, as the oil price is fairly steady at the moment. Higher than last year, sure, but has come down from the post Ukrain invasion enormo-peak and is holding steady at under £1/L. That's very much not what the gas price is doing.
I'm certainly feeling less smug about my on-order electric car, particularly with Diesel prices now dropping.
Your words and your declared intent.
I know what you're referring to, and you're making a ridiculous extrapolation of what he actually said. Wind it in.
As with increased food and fuel costs, you just wonder how some people and businesses are going to make it through the next couple of winters.
We are a small office for a charity. Just desks and PC.
Owned by Stirling uni. They have no inclination or gain by actually insulating and double glazing it.
We are looking at going from £1300(ish) a year to £5.5k now and £10k predicted....We will pay as much for energy as we will for the office rent.
Just thinking about it:
I walked through an M&S food earlier:
Floor to ceiling glass, single glazed, sun belting through dazzling and overheating the place.
Open freezers and fridges over half the floor - the buzz and noise was huge, with hot air in one place (being blown from bottom of fridges) and freezing air blowing next to it.
Warm air blower on at the doorway - and the door wide open.
Every light on - with of course black walls and black floors and black fridges.
10+ tills with scanners and electric conveyors.
And of course at an out of town shopping area with only a carpark.
It is designed like they *want* to use energy, they *have* to use energy. The bills they will face this winter are scary.
And this is 'Plan A' M&S, proudly on the wall of every store about how sustainable they are.
We have so many industries and fundamentals of life in the UK based on cheap and available energy.
We have so many industries and fundamentals of life in the UK based on cheap and available energy.
The whole country, if not the western world have all taken energy for granted for a very, very long time. Now it's not cheap and plentiful everyone's going to get screwed.
It's not like we've not been warned about our collective energy addiction and the potential for problems of seismic proportions. The only thing that's changed is that it's happened far quicker than anyone expected.
Retail around here is making a minor effort, mainly Lidl and Aldi with new build intermediate sized supermarkets.
A sass at the entry with two automatic doors to pass
Doors on all the fridges
Solar roof
2 x 30 free minute EV chargers
A lot of insulation went into the buildings.
Light and airy
4 tills
Car park of grid concrete blocks with grass growing through
Heat pumps for heating and A/C
Double glazed
However the product overpackaging in both is a disgrace.
Just been into my local Screwfix - all the lights are off! Aircon still going though so prob just a fault but it’s a sign of things to come I imagine…
Just reading how charging a Niro EV fully is going from £18 to £33 (approx) very close to the equivalent cost for Diesel.
So much the wrong message / direction.
Pretty staggering to think that prices could be up to £6k + next year – from just over £1k a few years ago
Martin Lewis did the direct comparison thing earlier
What we’ll be paying for energy by early next year is the equivalent of it being 500 quid to fill an average car with petrol and a pint in the pub being 25 quid
It’s going to be absolute carnage! And we’ve got no government at all at the moment and we’re about to get a PM who couldn’t find her own arse, using both hands
The Chancellor of the Exchequer has said that we'll all just have to be 'more resilient'. Phew, thought they didn't have anything useful for us.
So I’m assuming that supply/demand is causing the price increases, so which countries are going without while we pay through the nose for fuel and who is actually raking in all this extra cash? Can they not be appealed to to sell it at the same price they have been doing in recent years?
Warmth is on the biggest slice of the hierarchy of needs triangle so what do this shitshow if a government think is going to happen? I’d love to know…
The Chancellor of the Exchequer has said that we’ll all just have to be ‘more resilient’. Phew, thought they didn’t have anything useful for us.
Come on now, be fair, he did also say that we should use less energy, as if that's not crossed anyone's minds...
The whole country, if not the western world have all taken energy for granted for a very, very long time. Now it’s not cheap and plentiful everyone’s going to get screwed.
That's just reminded me of something.
Towards the end of junior school, so a class of 11-year olds, teacher Mr Carter predicted this. He ran a little scenario about how fossil fuels are finite. Sorry son, can't pick you up from school, there's no petrol left. TV, nope, we're out of electricity as well. Etc etc.
So I’m assuming that supply/demand is causing the price increases, so which countries are going without while we pay through the nose for fuel and who is actually raking in all this extra cash? C
Here's the simplistic breakdown.
Europe is up to it's neck in excrement due to Russia. It's a fairly localized problem. We're the ones that both import gas from Russia, and have sanctions against them.
It's not a problem for example for say Saudi Arabia, who are currently importing that excess Russian gas, to free up their power stations from burning oil that they are instead exporting to us.
Globally there's limited amounts you can move gas around because it needs liquefying, shipping at -170C in special ships, then storing and vaporizing for use in the grid. So even if we phoned up Australia or the USA and bought some of that LNG that's destined for other markets that isn't already secured on long term contracts, there's a limited dent we can make in those markets.
an they not be appealed to to sell it at the same price they have been doing in recent years?
Simplistically again, no.
Shell/BP/Centrica are all working in the north sea, why would they sell to the UK when the price is set by a bidding war for their product between all the countries they could export to (i.e. northern Europe).
I don't see why EV owners should get discounted charging, when those much less fortunate on prepay meters are in effect subsidising the rich. All for incentives to go green, but making the poor pay for the rich's nice stuff isn't on.
I don’t see why EV owners should get discounted charging, when those much less fortunate on prepay meters are in effect subsidising the rich. All for incentives to go green, but making the poor pay for the rich’s nice stuff isn’t on.
They don't. The EV tariffs have cheaper overnight rates so it's cheaper to charge the car but the daytime rates are much higher than a standard flexible rate.
For eg. Octopus go is currently 7.5p/kWh at the night rate and 40.75p/kWh during the day.
It's only cheaper if you do loads of miles to offset the expensive daytime energy rate.
Pre-pay Vs direct debit tariffs is another matter.
@sqirrelking Thanks for that, I was of the opinion that Pre-Paid users were heavily punished with way more expensive tariffs and I can see that it is actually slightly cheaper (Approx 1p per KkWh).
However, the standing charge for pre-paid gas and electric is circa 5p per day more for a pre-paid meter : £18 per year. I don't see how that is morally right (despite the extra costs of running the terminals in shops etc)
