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That it’s bonkers this is my FIX? Sorry another ENERGY one

206 replies

Ineedtoletgo83 · 27/08/2022 08:44

I wish I’d fixed in Oct 2021 but on MSE advice I didn’t then. Wow now this is our situation, what can we do? cut down usage is our option.

I did the MSE calculator is suggesting I strongly fix at £483 per month. Paying £165 atm due to go to £220.

I mean we could reduce our usage but really how much will that affect our bills?

large 4 bed semi, dreaded open plan area. Gas central heating.

we use 17800 kWh of gas?!

and 3744 kWh of Electricity.

I wfh 5 days a week. DH two days a week. Kids home from 4ish most days.

OP posts:
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6
Liebig · 28/08/2022 16:24

I should add that the UK imports 50% of its gas from abroad, and the loss of surplus on the export market thanks to Russia being cut out of the party, especially as demand was already exceeding supply prior, is a massive deal.

dianthus101 · 28/08/2022 19:04

MissPankhurst · 28/08/2022 15:49

There is a shortage because Russia would rather burn its oil off than sell to Ukrainian supporters in Europe.

We might only get a small amount from Russia but that doesn't matter because Russia is not sending their gas to European countries, like Germany.In plain terms, Russia is at war with Ukraine and her allies. She is imposing her own sanctions on those allies and is not selling any gas to them. Therefore, there is less gas to go around.

To say that we don't buy much from Russia and therefore it doesn't affect our prices is crackers. If there was a shortage of tinned peas and every supermarket, except Waitrose, couldn't get hold of any, it wouldn't help you because you are a Waitrose shopper and they can get tinned peas.
That is because, customers from Tesco, Sainsburys, Aldi etc would crowd into Waitrose to buy tinned peas. This would mean that Waitrose would start to run out of tinned peas too because of unprecedented and unforeseen demand.
They too would put up the price of their tinned peas because of the scrum to get hold of them. There would not be enough tinned peas because now Waitrose, instead of just supplying its own customers, is having to supply all the other supermarket's customers too.

Russia have turned off the gas. There are now too many customers chasing a restricted supply.
Our own PM has said this will lead to increased costs and most of us agree with him that the freedom of Ukraine is worth these increased costs. He asks us to remember that our increased costs are nothing when compared with the cost in Blood that Ukraine is paying.
Our own Chancellor of the Exchequer asked us to remember as prices rise that we are at war.
War is costly and war with Russia is very costly.

Who is saying that because we don't buy gas from Russia their cutting off gas doesn't effect prices though? Everyone knows that's part of the cause. However, even if we didn't support Ukraine we would still have high prices - it's dependent on whether they cut off supply to other countries not us.

dianthus101 · 28/08/2022 19:07

EtnaVesuvius · 28/08/2022 13:38

April is trending to have a price cap of over £7k compared to the £3.5k now.

Even if this were the case, that would render over half the households in the UK unable to pay their energy bills, plunging not just millions but tens of millions into fuel poverty. It’s quite a different situation to what we have now.

Regardless of who the next prime minister is, or even the next government, IMO it simply won’t be allowed to happen.

How can they stop it from happening?

LimboLass · 28/08/2022 19:12

How can they stop it from happening

Using less energy in the home is the only thing that will not completely fuck over the economy which is already teetering on the edge - and I mean worldwide reductions in usage not only the UK. Sadly it will be a difficult for a few years but in the long term giving people money to spend their bills is not sustainable.

dianthus101 · 28/08/2022 19:14

LimboLass · 28/08/2022 19:12

How can they stop it from happening

Using less energy in the home is the only thing that will not completely fuck over the economy which is already teetering on the edge - and I mean worldwide reductions in usage not only the UK. Sadly it will be a difficult for a few years but in the long term giving people money to spend their bills is not sustainable.

I agree they can't stop the fuel extractors charging high prices. All that can be done is that people use less.

LittleBearPad · 29/08/2022 17:20

The government can impose windfall taxes on the energy extracrors who are making extraordinary profits and use the money to subsidise gas and electricity bills.

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