Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think that very few people can manage £4200 energy bills

1000 replies

Butterflyfluff · 09/08/2022 10:54

news.sky.com/story/energy-bills-forecast-to-rise-even-higher-than-previously-thought-12668906

This simply isn’t manageable for the majority of people.

Where’s this going to end?

OP posts:
Thread gallery
8
DuncinToffee · 12/08/2022 15:08

Keir Starmer promises 'comprehensive' cost of living crisis plan on Monday

www.mirror.co.uk/news/politics/keir-starmer-promises-comprehensive-cost-27726520

AndreaC74 · 12/08/2022 15:18

FourTeaFallOut · 12/08/2022 15:03

Yeah, that's exactly what I said 🙄

Admittedly Rachel Reeves has been in the news in the last day or so, talking about how awful pre-payment meters are - which they are, but that's just the tip of this energy iceberg.

But you go ahead with the black and white thinking, anyone not on script is a Tory - how's that working out for you?

All you ever do is slag of Labour, which is Tory supporters role, there is little positivity from you toward Labour

If Labour don't win in 2024, then under our FPTP system, we will get a Tory Govt, unless you think the LD will go from 12 MPs to 300 plus?

Is labour perfect? no of course not, Am i impressed with Starmer ? Nope but he will do a far better job than Johnson, let alone Truss, who will be the PM for the next 7 years if they win the next GE.

But i do think Starmer is a decent man who will put the country & its people first and not his tan as you put it.

Bubblebubblebah · 12/08/2022 15:26

Get a threat you two.

You don't have to be raging tory to slag labour and you don't have to be raging labour to slag tories.

AndreaC74 · 12/08/2022 15:39

Bubblebubblebah · 12/08/2022 15:26

Get a threat you two.

You don't have to be raging tory to slag labour and you don't have to be raging labour to slag tories.

Correct, which is why i pointed out my disappointment in Labour but some posters whilst saying they always vote Labour blah blah blah seem to do an excellent hatchet job on the opposition....

FourTeaFallOut · 12/08/2022 15:39

😁 Sorry. As you were ...

PuzzledObserver · 12/08/2022 15:43

forinborin · 12/08/2022 11:59

Have been quoted £9.2K for a 12 months fixed deal as my current has expired earlier this summer. Simply amazing.

What would it be for that usage on the standard variable rate - now, and if it doubles?

Bubblebubblebah · 12/08/2022 15:51

PuzzledObserver · 12/08/2022 15:43

What would it be for that usage on the standard variable rate - now, and if it doubles?

Enough to run 2x small weed farm and an aberage household 🙈

RedWingBoots · 12/08/2022 17:22

BarbaraofSeville · 12/08/2022 11:13

No-one lost any money due to all the companies that went bust in the last couple of years, and the remaining companies are a lot more stable and better run than the ones that failed.

Credit balances were transferred over to new suppliers and is one reason why the standing charge increased so much.

All suppliers pay a levy that would be used to cover the balances should there be any further failures.

Everyone is free to pay on receipt of quarterly bills if that suits them better but that's a separate issue to the high price of energy, which is nothing to do with the retail companies that we pay our bills to. They actually make a very small annual profit per customer, about £10 per year per account.

You have contradicted yourself.

Every single household that uses mains electricity has lost money from the companies that went bust. Part of the standing charge on electricity is to pay back consumers their credit from bust companies, which is why it is so high.

It also can take months when a supplier goes bust to get your credit. It took me 5 months when my supplier went bust at the end of 2019 other people waited 9 months. Mine was only quick because I chased them. (I always end up in credit with energy suppliers even though I use to change supplier every year and would often fight with them to reduce my DD.)

Sporty2022 · 12/08/2022 20:02

So basically the bottom line is most of us can’t afford 4 or 5 k a year on energy? Those of us on lower incomes.

I mean it’s as simple as that isn’t it?

FourTeaFallOut · 12/08/2022 20:24

The definition of fuel poverty (or was until very recently) was understood to be when 10% of income is spent on gas and energy. 20% was the marker for extreme fuel poverty.

We are going to see a huge leap of people falling into those categories if the cap brings the average bill to either £4k/ £5k.

Ric36puddin · 12/08/2022 20:30

Exame
Single person, unemployed, with no children
Rent paid
Possible council tax discount
£334 per month to pay for food, bills, transport
Will receive some money for the "cost of living increase"

People with families struggling

Pensioners struggling

5.k yearly energy bill

The energy companies are taking the xxxx

the80sweregreat · 12/08/2022 20:36

There is real anger about all this. They really are taking the piss out of all of us and we are letting them do it

Ric36puddin · 12/08/2022 21:11

Should be riots in the streets

the80sweregreat · 12/08/2022 21:19

I don't normally listen to lbc at drive time , but the presenter tonight on about 6pm was fab.
She was right , all this is wrong.
The energy companies need a reality check and the politicians don't seem to care enough

TwinklingFairyLightz · 12/08/2022 21:34

FourTeaFallOut · 12/08/2022 20:24

The definition of fuel poverty (or was until very recently) was understood to be when 10% of income is spent on gas and energy. 20% was the marker for extreme fuel poverty.

We are going to see a huge leap of people falling into those categories if the cap brings the average bill to either £4k/ £5k.

Someone on 40k brings home about 2,450. So they are in fuel poverty if their bill is more than £245 a month and extreme fuel poverty if it goes above £490 a month. 40k is a decent wage in the north and means that you aren't entitled to any benefits, other than child benefit.

Extreme fuel poverty is looking likely for those on substantially more than the average wage (27k outside London I think).

rongon · 12/08/2022 21:38

the80sweregreat · 12/08/2022 21:19

I don't normally listen to lbc at drive time , but the presenter tonight on about 6pm was fab.
She was right , all this is wrong.
The energy companies need a reality check and the politicians don't seem to care enough

The politicians do care, unfortunately not about us. Our Chancellor, Nadhim Zahawi, has earnt over £1million from oil companies since he became an MP.

the80sweregreat · 12/08/2022 21:40

This is the problem, we are mostly governed by millionaires. How would they know what it's like to have nothing ?

RedWingBoots · 13/08/2022 18:46

the80sweregreat · 12/08/2022 21:40

This is the problem, we are mostly governed by millionaires. How would they know what it's like to have nothing ?

Some of them where brought up with nothing so should know better.

However unfortunately regardless of party many MPs have no ethics and morals other than how to stay in power.

Nidan2Sandan · 13/08/2022 19:01

Can I ask a question as there seems to be lots of knowledgable people on here.

I'm with Octopus & currently have a credit on my utility acct of over £600. New DD has gone from £110 to £344. So £4100 a year.

My question is, is it best to leave that credit on there or ask for a refund?

Back in Jan we used around 400kwh for electric and 1407kwh for gas. If this helps.

Please help, maths is way outside my strong point

cakeorwine · 13/08/2022 19:20

Nidan2Sandan · 13/08/2022 19:01

Can I ask a question as there seems to be lots of knowledgable people on here.

I'm with Octopus & currently have a credit on my utility acct of over £600. New DD has gone from £110 to £344. So £4100 a year.

My question is, is it best to leave that credit on there or ask for a refund?

Back in Jan we used around 400kwh for electric and 1407kwh for gas. If this helps.

Please help, maths is way outside my strong point

Do you have your yearly usage?

Electricity is going to be pretty constant through the year - so you are looking at maybe 4000 - 5000 KWH a year for electricity

But gas (if that's your heating source) is hard to predict - so really you need your annual usage.

If you think you can reduce your usage, then that's useful to know for calculations

If you know your gas usage from January to June, if you double it, that should give an approximation from July to December.

FourTeaFallOut · 13/08/2022 19:23

£110 to £344

That's a big leap...did you fall off a cheap deal onto the svr or have you moved to a fixed tariff?

cakeorwine · 13/08/2022 19:33

TwinklingFairyLightz · 12/08/2022 21:34

Someone on 40k brings home about 2,450. So they are in fuel poverty if their bill is more than £245 a month and extreme fuel poverty if it goes above £490 a month. 40k is a decent wage in the north and means that you aren't entitled to any benefits, other than child benefit.

Extreme fuel poverty is looking likely for those on substantially more than the average wage (27k outside London I think).

Fuel poverty definition is very complicated

assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1056842/fuel-poverty-factsheet-2020.pdf

assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1056777/annual-fuel-poverty-statistics-lilee-report-2022-2020-data.pdf

In 2020, there were an estimated 13.2 per cent of households (3.16 million) in fuel poverty in England under the Low Income Low Energy Efficiency (LILEE) metric down from 13.4 per cent in 2019 (3.18 million).

Fuel poverty in England is measured using the Low Income Low Energy Efficiency (LILEE)indicator, which considers a household to be fuel poor if:

  1. it is living in a property with an energy efficiency rating of band D, E, F or G as determined by the most up-to-date Fuel Poverty Energy Efficiency Rating (FPEER) AND

  2. its disposable income (income after housing costs (AHC) and energy needs) would be below the poverty line

The Government is interested in the amount of energy households need to consume to have a warm, well-lit home, with hot water for everyday use, and the running of appliances. Fuel poverty is therefore measured based on required energy bills rather than actual spending. This ensures that those households who have low energy bills simply because they actively limit their use of energy at home, by not heating their home for example, are not overlooked.

...................................................................................................................................

So if you are in an 'energy efficient house that is A, B or C', you can't be in fuel poverty by deifinition

However, people whose energy needs to keep their house warm will take them below the poverty line will be in fuel poverty

And as they are interested in all households in inefficient houses, even those who have low bills because they try to save energy, then there are going to be a lot of houses in fuel poverty

..............................................................................................................

FourTeaFallOut · 13/08/2022 19:36

It has only been recently been made so complicated though (and more difficult to qualify and therefore compare). Although the energy charities seem to be sticking with the old school definitions.

Nidan2Sandan · 13/08/2022 19:38

cakeorwine · 13/08/2022 19:20

Do you have your yearly usage?

Electricity is going to be pretty constant through the year - so you are looking at maybe 4000 - 5000 KWH a year for electricity

But gas (if that's your heating source) is hard to predict - so really you need your annual usage.

If you think you can reduce your usage, then that's useful to know for calculations

If you know your gas usage from January to June, if you double it, that should give an approximation from July to December.

Approx 4000 electric & 7200 gas

Nidan2Sandan · 13/08/2022 19:39

FourTeaFallOut · 13/08/2022 19:23

£110 to £344

That's a big leap...did you fall off a cheap deal onto the svr or have you moved to a fixed tariff?

Exactly that, a 2yr fixed tariff just about to end on 31st august

Please create an account

To comment on this thread you need to create a Mumsnet account.

This thread is not accepting new messages.
Swipe left for the next trending thread