@kiethb
Hanlon's razor.
Never attribute to malice that which is adequately explained by incompetence
They're shutting because its all about money and its not coming in in big enough amounts, so easier to shut up shop and put their funds into something else.
They don't own the gas tubing, nor the wiring, nor any part of the infrastructure or even have tradesmen employed by them to carry out repairs. They effectively sit in an office and manage it all from there. Anything needs down they contract it out, which is probably the reason in the last powercut people had to wait over a week to get engineers out to sort it.
Massive thank you to the tories for privatizing the energy industry. It's been a complete failure.
Now with octopus following the collapse of avro. They just advised me to up my DD from £94pcm to £110pcm. Based on my usage it needs to be nearer £150pcm….
We've been with Octopus since we last switched (current deal ran out last month, yay) and have no complaints so far and no desire to change. They seem pretty on the ball with adjusting your DD to make sure you are never massively over/under in credit. They are also very open about your options and prices which is pretty worrying atm.
With prices set to shoot up again in April is there any chance of significant reductions later in the year? Don't know if I should fix on one of the eye watering tariffs to avoid even more pant wetting bills further down the line?
Energy companies are truly awful at estimating usage, and I think deliberately (or at least knowingly err) under quote so customers end up in debt at any fixed term, so are unable to switch.
I'd go with the opposite tbh, more money held by them means more cash on the books.
Crikey I’ve just been reading through this and checking my fixed tariff I’m on. It’s with Sainsburys so should be safe but from some other figures I’ve seen it seems I’ve got a very cheap deal - fixed for another 12 months.
Any guesses on if the prices will calm down a bit in the next 12 months?
https://imgur.com/a/S2O24Vv
Bulb Economy7 nightime rate was 50% cheaper than daytime rate not so long ago. Now its less that 25% difference.
Cheers electric car knobbers using my cheap nightime elecy & pushing the price up to charge your virtue signalling toss boxes. Cant afford to run my night storage heaters now. (well I can, but would rather the money was in my banks rather than bulbs)
Energy companies are truly awful at estimating usage, and I think deliberately (or at least knowingly err) under quote so customers end up in debt at any fixed term, so are unable to switch.
You can change suppliers with up to £500 worth of debt I believe
With prices set to shoot up again in April is there any chance of significant reductions later in the year? Don’t know if I should fix on one of the eye watering tariffs to avoid even more pant wetting bills further down the line?
May be worth getting a fix tarif with someone like octopus which doesn't have a fee for terminating early. then if they come down you can change it.
Martin Lewis's latest estimate is a 51% price hike in April. 51%. Eek.
You can change suppliers with up to £500 worth of debt I believe
Only on pre payment meters. Otherwise any debt over 28 days old can stop you I think.
Now its less that 25% difference.
Cheers electric car knobbers using my cheap nightime elecy & pushing the price up to charge your virtue signalling toss boxes.
There could be a number of factors behind that - I doubt the number of Bulb customers buying electric cars in the last few months is one of them.
Also the gap between day and night rates in itself isn't very meaningful
We're all geting dicked anyway, the only choice we have is to select a slightly smaller penis to be raped with.
is there any chance of significant reductions later in the year?
Are you new on planet earth?
