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Price Cap - Just announced

994 replies

swifttwist · 26/08/2022 07:03

From £1971 to £3549. 80% rise. I have no words.

New figures:

Electricity
£0.52 per kWh
Daily standing charge: £0.46

Gas:
£0.15 per kWh
Daily standing charge: £0.28

OP posts:
Thread gallery
13
LakieLady · 26/08/2022 09:24

Emotionalsupportviper · 26/08/2022 08:58

So am I - I feel physically sick.

And very, very angry when you read of the absolutely obscene profits the energy companies make.

Makes me angry too. I'd nationalise the fuck out of them, no compensation, and introduce a set of charges that increased the unit cost for high domestic consumers, with a social tariff for the poor, the elderly, the disabled and those who have to use electric medical equipment.

Soontobe60 · 26/08/2022 09:25

comfortablyfrumpy · 26/08/2022 07:59

That should make my electricity about £135 a month (used yo be about £60).

Goodness only knows what my heating oil will be.... no cap on that. I need to fill up but it is still 3 x what it cost this time last year and will only be going one way, I fear. A few months ago it was 6 x.

We have a wood burner and have just bought our usual load of kiln dried wood ready for winter - last august we paid £310, yesterday we paid £415 for exactly the same delivery.

Sirius3030 · 26/08/2022 09:26

FlimFlam2 · 26/08/2022 09:20

According to our meter, since December 2021 (so six and a half months) we have used just 44kwh of electricity - this doesn't seem possible?? Our current bill for gas and electric is very low - £30pcm, and we have almost £300 of credit built up.

Worried there is something wrong with our meter now - we are low users (tiny fridge-freezer, washing machine and dishwasher once a week, two laptops and no TV) but this seems implausibly low.

It’s possible. I’m paying £50/month and building up credit. I don’t cook / watch TV / clothes-wash much, and it has been hot.

It will all change next month.

Interested in this thread?

Then you might like threads about this subject:

JOFFCV · 26/08/2022 09:26

flashbac · 26/08/2022 07:50

The company can get a warrant to enter homes and cut off supply and/or install prepay meter.
Not paying isn't some magic answer.

OMG! How can anyone walk into a pensioners house and switch their heating off in the middle of winter. How could they sleep at night? This is awful.

DowningStreetParty · 26/08/2022 09:26

Oh honestly, who are you trying to kid JaniieJones?
Boris Johnson still IS the Prime minister. Right now today and since 2019.
He absolutely COULD do something about this. He’s been off on back to back holidays and hosting parties for weeks, as we all know.

This is all happening on his watch. Boris Johnson’s legacy to us is: an energy crisis, fuel crisis, inflation crisis, cost of living crisis, social crisis. That’s all he’ll be remembered for.

Shinyandnew1 · 26/08/2022 09:27

I also seen online that businesses also include hospitals and schools. God knows whats going to happen with them

This is a huge worry. At my school, the heating has already been going off at midday to save costs for ages and it is bitterly cold in the winter in the afternoons-I’m often teaching in hat/coat. The windows don’t open enough to be useful in the summer for ventilation but are draughty and inefficient at keeping what heat we do have in the winter! I expect the children will need to be in coats, school dinners will change to sandwiches instead of a hot meal and TAs will be sacked.

SmallThingsEverywhere · 26/08/2022 09:27

Sporty2022 · 26/08/2022 08:27

As much as people wanted rid of Boris it was completely the wrong time. Getting rid of a PM and having a leadership contest at a time like this was unnecessary.
We now have no government intervention because no one has been there to make decisions.

Johnson could have stepped down immediately and Raab could have deputised until a new leader was elected. He refused to go, took the salary and perks, has been on perma-holiday and refuses to do any actual work despite being payed by the taxpayer.

Phrenologistsfinger · 26/08/2022 09:27

carefullycourageous · 26/08/2022 08:47

I can understand their frustration - it is the persistent luddite refusal to move on from fossil fuels that is trapping us in this economic situation, as well as causing climate change. We are paying through the nose to destroy our own planet. It is mental really.

All ordinary people should be calling for renewables, subsidised insulation and subsidised energy efficiency. The only people opposed to that should be oil shareholders and the Tory party.

What @carefullycourageous said

FourTeaFallOut · 26/08/2022 09:27

JOFFCV · 26/08/2022 09:26

OMG! How can anyone walk into a pensioners house and switch their heating off in the middle of winter. How could they sleep at night? This is awful.

They can't.

"If you've reached State Pension age, your supplier can't disconnect you between 1 October and 31 March if you either live alone, or live only with other people who have reached State Pension age, or are children under 18."

www.bbc.co.uk/news/business-62435432

SueSaid · 26/08/2022 09:28

incognitopurple · 26/08/2022 09:22

@JaniieJones we’re trying to decide whether it’s worth the money or not, seems so expensive but if it saves money it’s worth it. Which one have you got?

Ninja dual zone af400. They are £220 in some places but I got ours £150 with a discount code, there are loads. We have a smart meter and you can just see the difference between using that for 15mins or an oven for 45. I know it's the initial outlay but imo it is worth it for longer savings.

Simplelife2024 · 26/08/2022 09:28

FlimFlam2 · 26/08/2022 09:20

According to our meter, since December 2021 (so six and a half months) we have used just 44kwh of electricity - this doesn't seem possible?? Our current bill for gas and electric is very low - £30pcm, and we have almost £300 of credit built up.

Worried there is something wrong with our meter now - we are low users (tiny fridge-freezer, washing machine and dishwasher once a week, two laptops and no TV) but this seems implausibly low.

Sounds like you are a low user. I wouldn't worry.

SueSaid · 26/08/2022 09:28

'Yep they literally do not give a fuck.'

£150 pip payment (pip isnt means tested) , £400 off energy bills for everyone, £300 for pensioners in October, £600 for those on low income households . They do give a fuck and have pledged to pay more as soon as know what the increases will be. Martin Lewis and the msm are doing a Covid on us all over again.

Afterfire · 26/08/2022 09:28

JOFFCV · 26/08/2022 09:26

OMG! How can anyone walk into a pensioners house and switch their heating off in the middle of winter. How could they sleep at night? This is awful.

If they have smart meters they don’t need to physically get in. They can just switch them to prepayment remotely and if there’s no credit, no power.

Sirius3030 · 26/08/2022 09:28

LimboLass · 26/08/2022 08:27

I already pay £540, so this will increase to around £970! I'm looking into solar as most of it is electricity

Ever considered using less electricity? Just a thought.

Prize for the most stupidly offensive comment?

Cheeriyo · 26/08/2022 09:29

It's not just households. Schools etc run on such tight budgets there just isn't any leeway for an increase like this, but turning heating off in winter and turning the lights off etc aren't an option in a school. And that's the tip of the iceberg- early years providers, hospitals, shops, factories, cafes- prices are going to exponentially increase across the board. It won't just be about heating or eating at this rate but also about being to access education or any healthcare. Sounds dramatic but its not, everything has been cut so much that this is absolutely enough to topple it. What the hell are the government doing?

the80sweregreat · 26/08/2022 09:30

Boris Johnson has been over to Ukraine offering money and support , if he can do it there it could do this here too.
We won't know who is the new PM for well over over a week. He is still in charge up till then.

Afterfire · 26/08/2022 09:30

SueSaid · 26/08/2022 09:28

'Yep they literally do not give a fuck.'

£150 pip payment (pip isnt means tested) , £400 off energy bills for everyone, £300 for pensioners in October, £600 for those on low income households . They do give a fuck and have pledged to pay more as soon as know what the increases will be. Martin Lewis and the msm are doing a Covid on us all over again.

I am in the group that will be getting those payments and it is a drop in the ocean. Nowhere near enough. They’ve been screwing over disabled people and low income people for years. They give just enough to make it seem like they care but they really don’t. If they did we wouldn’t have food banks.

Doris86 · 26/08/2022 09:30

This is going to be worse than covid. It’s not just the impact on households being unable to afford heat and power. This has a knock on effect on businesses, as people will have far less disposable income to spend. Also costs will massively increase for businesses who don’t have the benefit (?!) of the price cap.

Absolutely massive economic implications, and the government are doing nothing. Yet during covid they were falling over themselves offering support to businesses.

Has all the money been spent on the (arguably excessive) response to covid, leaving nothing left to help with the energy bill crisis?

the80sweregreat · 26/08/2022 09:31

I am wondering if our school will carry on with breakfast club and the after school clubs which don't make a profit.

ShesNotTheMessiah · 26/08/2022 09:32

The country is out of control now. There has been zero leadership for weeks and incompetent leadership for the years prior to that.

This is exactly the kind of scenario you prioritise energy security and storage to protect against. But our governments have not done that - instead they have prioritised private profits (including their own) and back handers from businesses wanting regulations changed in their favour.

Damn them all to hell. I hope they fucking rot.

BattenburgSlice · 26/08/2022 09:32

Doris86 · 26/08/2022 09:30

This is going to be worse than covid. It’s not just the impact on households being unable to afford heat and power. This has a knock on effect on businesses, as people will have far less disposable income to spend. Also costs will massively increase for businesses who don’t have the benefit (?!) of the price cap.

Absolutely massive economic implications, and the government are doing nothing. Yet during covid they were falling over themselves offering support to businesses.

Has all the money been spent on the (arguably excessive) response to covid, leaving nothing left to help with the energy bill crisis?

Agree!

RayneDance · 26/08/2022 09:32

I agree on emergency coalition government, the best minds need to be working on this and as we know across all parties in government it's slim pickings!

It is a social emergency.

Where the fuck are they?

Where??

SmallThingsEverywhere · 26/08/2022 09:32

RudsyFarmer · 26/08/2022 08:37

They’re estimating 100billion pounds for the government to bail us out of this situation. You want our kids to foot the bill for this when we could all massively cut down on the energy we use?

Nor sure why people parrot this line. All generations pay the bills of previous generations. It’s how it works! The kids of today still need to be fed and kept warm to enable them to develop into the healthy adults of the future, no?

Cheeriyo · 26/08/2022 09:33

the80sweregreat · 26/08/2022 09:30

Boris Johnson has been over to Ukraine offering money and support , if he can do it there it could do this here too.
We won't know who is the new PM for well over over a week. He is still in charge up till then.

He only cares about himself and his own legacy. He knows he's fucked it here so he's hoping that the accolades from Ukraine will bring him comfort. I agree we should be support them, as we have been with weapons and machinery etc- but to give nearly £60 million when people here are being plunged further into poverty is actually fucking disgusting.

JOFFCV · 26/08/2022 09:33

FourTeaFallOut · 26/08/2022 09:27

They can't.

"If you've reached State Pension age, your supplier can't disconnect you between 1 October and 31 March if you either live alone, or live only with other people who have reached State Pension age, or are children under 18."

www.bbc.co.uk/news/business-62435432

I'm so glad to read this.