Price Cap - Just announced

[swifttwist]

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

I did something stupid and looked on the DM website that’s reporting that ML is predicting that it’s going to go up to £10,000 per annum.

ML?

Martin Lewis

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.

You nailed it there, @Afterfire .

ah, thanks

I read somewhere that France get over 70% of its energy from its own nuclear resources so aren't as dependant as us on wholesale gas/oil prices - lucky them!

I already pay £200 a month, likely to go up to £350 (the same as my very low mortgage). With childcare on top as well as day to day living costs I have no idea how I’ll make ends meet and I get tax credits. I live very frugally, buy second hand whenever possible and stretch everything until empty/falling apart.

I’m a single mum, in a professional career earning (a bit) over UK average. God knows how people on minimum wage will cope, especially those paying extortionate rents and with no access to benefits.

It comes to something when working people have to rely on benefits just to survive.

Allegedly there is worse to come next year. I suspect the government is planning to help but by how much nobody knows.
Liz Truss is keeping quiet about her plans so that she can sweep into Downing Street and make a big announcement (here’s hoping).. Meanwhile million of people are worried to death. If we had a functioning government they could have announced the plan weeks ago. Todays figure is almost in line with the forecasts so the “we must wait for the announcement” line is just that a line to kick the can down the road.

I've just calculated mine based on last year minus the credit I have and government help.
Will need to find an extra £140 a month, I don't know where from.

Hopefully being more frugal with energy will bring it down somewhat but it's going to be a long and boring winter with no end in sight.

@RudsyFarmer Jesus wept. Brilliant idea. NOT!!

let's drag the elderly out of their homes, mid winter, encounter fall risks, freezing weather, to sit them in a 'communal warm space' probably charge them fir fiid & drinks, then have them go home (in all weathers) to a freezing cold, dark house'

you really can't see why that's a SHIT idea??

Is there any idea on when it might have to begin to come back down? We’re fixed for one more year, thankfully but not sure when we need to panic. It has to go down eventually right? Like how fuel is starting to? I’m not good with this stuff.

So sorry for anyone having to deal with the immediate repercussions.

I resent the standing charge too. I'm still on a price fix from last summer, but it's still 50p a day even if I lock the house up and go away for 3 months.

"you really can't see why that's a SHIT idea??"

A warm heated room with the windows closed to pack in the elderly to keep them war ..like a covid party for the most vulnerable?

Which one did you get? If it can bake as well, that’s v interesting.

Could we not all just club together and pay an assassin to take Putin out?

@Alexandra2001
We voted for this, time and time again.
I don’t remember doing this personally but I accept the general idea, we all to blame in a way for doing nothing or not enough.

If France can nationalise Nuclear power production, we could do the same for our resources.
I completely agree. At least the profits will be used for everybody’s good not just a handful of shareholders.

@StickywithSuncream All air fryers can bake - they’re essentially small convection ovens. The “air fryer” name is very misleading.

Fuck! That's beyond scary.

I think one problem with air fryers and baking is fitting the tins in, although I think the one we have is quite small.

But I've just googled and it seems that you can now get baking tins designed to be used in air fryers, complete with a handle so you can lift it in and out, so probably something to look at.

I'm on pre payment, LA house and utility provider refused to change meter. I've just looked at mine for my national area 😱 (we basically get charged the max, with no chance to fix)

Gas
Unit rate: 15.07p per kWh
Standing charge: 37.51p per day

Electric

Unit rate: 50.86p per kWh
Standing charge: 54.21p per day

Fuck.....

@LittleLlama

Jesus. How unaware can one person be?

some people here are living on not much more than £6000, you getting that as an increase in April and having savings you can use in the meantime, might be frustrating, but it's not fucking scary!!

Why aren't we all protesting on the streets for this? The energy companies are all having a laugh at our expense.

I did laugh when I read about a TikTok talking about the 'revolutionary hack' of using your own oven as an air fryer using a 'special secret button' aka the fan oven setting

So someone talking about something that we we've all been doing for decades as if they're the only person who knows this and at the same time completely missing the main advantage of an air fryer in that it achieves the same results as a fan oven, but quicker and with less energy.

@StickywithSuncream

This one, which is apparently out of stock now on Amazon but maybe around elsewhere. Photo for scale! I can do 16 cupcakes in one batch. Not tried a big cake but it would make loaf cakes well I imagine.

Daewoo 8L Dual Zone Family Sized Air Fryer, Double Drawer Air Fryer With 8 Cooking Functions - Digital Touch Control Airfryer –Fast & Healthy oil free frying for all the family amzn.eu/4XWjhGn

Sorry you're in such a tough place, @FarmerRefuted .

I'm sure I read somewhere that if an energy co hasn't been billing you, they can only charge you for the past 12 months, and aren't allowed to go back any further than that.

Small comfort, I know.

I will not be able to afford this :(