Energy crisis and rise in costs: how to manage?

[SoSadSoSadSoSad]

i simply do not have the budget to pay for higher energy costs. I don’t know where they think consumers are going go be able magic up extra money to pay. I mean it’s predicted they will soar. All passed on to consumers naturally because we cannot allow energy companies to take a hit to their profits.

Will those who cannot pay be cut off? And simply accrue debt with the energy companies that they spend years paying off?

Fucking Trump.

If you’re on a fixed tariff for energy then you should be protected for a period of time - are you able to fix your tariff at all? It can help give a bit of certainty with budgeting.

Of course energy companies have to make a profit. They were forced to sell energy to us at a loss during the energy crisis a few years back, and dozens of them went bust. No one will be cut off. Those who end up in persistent debt will eventually be forced to accept a prepayment meter, but not if there are any vulnerable occupants in the property.

They don’t cut people off.

if there’s a lot of debt they put a prepayment meter in.

my dd lived in a student house where the previous tenants had a lot of debt and it was a nightmare.

Fix the tariff and it protects you from the price hikes

Utility costs are only going one way but I didn’t expect them to start increasing so soon. We have fixed but it’s the knock on effect to everything.

Costs will actually go down slightly in April, the next cap will be set in July (and the cap will obviously go up) so you have time to try to fix your tariff before then.

I think burning farage would keep people warm for a few nights.

Is there an "energy" crisis ?

How many firms have immediately ramped up WFH to reduce fuel costs and preserve fuel that may be needed in an emergency ?

What's that you say ? Fuck all ?

Can't be that serious then.

https://www.bbc.co.uk/news/articles/cvg4540d0g4o

For now, and at a rate 20% higher than a few months ago.

OP if you're on a low income or have someone vulnerable in the household you will probably be entitled to support. They are talking about hardship payments if prices rise.

But in any case if you can't pay your bill, talk to your supplier as they have to help you.

Utility companies make naff all. That’s why they keep going bust and we keep bailing out their customers.

Before somebody points out that BP are doing well, they’re in a different market and sell oil and gas internationally.

Honestly I will just use less. Thermostat to 15°C instead of 16°C next winter. Put it on in November instead of mid-October. Short showers, fewer laundry washes.

I think he'd be a bit of a damp squib!

Ed Milliband is doubling down on his net zero
.
Listening to experts on lbc yesterday they said this is the very wrong time to pursue such policies. We still need and use gas and electricity and there must be provisions for them.

Surely the current very high oil and gas prices mean it is exactly the right time to pursue additional sources of renewable energy?

Low income households will be offered help if this becomes lengthy

Why? I loathe Farage but this is down to Trump and his Israeli sidekick. 🙄

He’s the idiot that a village has mislaid. 🙄

I’m worried too.. I don’t see myself ever being able to put the heating on.

Good.

I don’t think Iran is highly likely to blow up the solar and wind provision we have. I don’t think the Ayatollah is up electric mountain in Snowdonia lacing the hydroelectric with TNT.

They are, however, damaging access to fossil fuels and causing spikes in the price of oil and gas.

The UK could - and should - have gone to 100% nuclear back in the 80s. When we could do stuff.

I don’t disagree. Nuclear will be part of the mix for when the sun isn’t shining and the wind isn’t blowing. Sadly we don’t build anything, the costs are now astronomical, and building nuclear means guaranteeing the operator a good fee per unit of electricity to make it viable.

Nuclear will be part of the mix for when the sun isn’t shining and the wind isn’t blowing.

But if you can power the UK 100% by nuclear, why would you ever spend a penny on a windmill ?

It's pretty moot anyway. Seems the numpties of the 80s had children that inherited their distaste of science.

I'll be long dead before there is a sliver of a chance at energy security. Which will be about 50 years from now.

Well that’s just the point isn’t it. We live in the now and not forty years ago.

That help will be paid for by higher charges on people just above the threshold, putting them in further hardship.

Broadest shoulders and all that.....

Anyway, don't worry about £400 on energy prices, worry more about food inflation at 30% and £2.50 for a litre of fuel... if you can even get it and price cap at £3000.

This crisis is going to run and run and there is nothing we can do about.

When the famines start, food inflation will be the least of our worries.