Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Cost of living

Stretching your budget? Share tips and advice to discuss budgeting and energy saving here. For the latest deals and discounts, sign up for Mumsnet Moneysaver emails.

Oh no! Energy hikes prediction 51% in October!

68 replies

CherryRipe1 · 21/06/2022 13:06

Not sure if this is in the right section but anyhow, read a tweet from Martin Lewis and Cornwall insights that energy is due to go up another 51 bloody percent in October on top of what we've already had!!. Don't know how to paste a link for Twitter but here's one from the Red tops:
www-dailyrecord-co-uk.cdn.ampproject.org/v/s/www.dailyrecord.co.uk/lifestyle/money/martin-lewis-energy-bill-warning-27287133.amp?amp_gsa=1&amp_js_v=a9&usqp=mq331AQKKAFQArABIIACAw%3D%3D#amp_tf=From%20%251%24s&aoh=16558125613082&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fwww.dailyrecord.co.uk%2Flifestyle%2Fmoney%2Fmartin-lewis-energy-bill-warning-27287133
This is unsustainable, something's got to give. How the hell are many going to afford it what with all the other rises, food, rents, mortgages etc?

OP posts:
restedbutexhausted · 23/06/2022 12:13

My gas bill went from £34 to £57 from February to March and I've now got a new bill saying from August 1st it will be £92 a month. Obviously the heating is not on so I'm paying £3 per day just to shower and wash the dishes. My electricity meter costs me £55 per month.

As a single parent these rising prices are really going to effect me come winter when I have to pay for childcare too. Not looking forward to it at all. The way things are going, the future looks very bleak for many millions of people.

MidnightMeltdown · 23/06/2022 12:18

Eatthecake80 · 22/06/2022 06:52

My gas and electric bill without the heating on,only the fridge/freezer plugged in,washing machine 3xs a week,tv on a couple of hours a night is £130 a month and that’s giving a reading every month!im absolutely dreading winter!

That's insane! I'm paying £135 per month and that includes heating on all day, everyday in winter (3 bed house).

Bills are currently much less than £135, but the extra covers the winter payments

I fixed in April 2022, but it must be a similar tariff to the current standard variable, as the cap hasn't risen yet.

You must be using a massive amount of electricity on something?

MidnightMeltdown · 23/06/2022 12:21

restedbutexhausted · 23/06/2022 12:13

My gas bill went from £34 to £57 from February to March and I've now got a new bill saying from August 1st it will be £92 a month. Obviously the heating is not on so I'm paying £3 per day just to shower and wash the dishes. My electricity meter costs me £55 per month.

As a single parent these rising prices are really going to effect me come winter when I have to pay for childcare too. Not looking forward to it at all. The way things are going, the future looks very bleak for many millions of people.

Showers are normally electric so probably just to to wash dishes!

HMSSophia · 23/06/2022 12:28

Ah the sunny uplands ... it's all shite.

ifonly4 · 23/06/2022 16:21

I didn't comment the other day when I read this post, but sounds like very similar usage to us, except DH wfh one day a week with computor, chromebook and two mobile phones required. Our charges for May were £75 based on my own readings. Something doesn't sound right somewhere.

ifonly4 · 23/06/2022 16:22

Sorry I meant to link the post from Eatthecake80 which has since been commented on

HopeIsNotAStrategy · 25/06/2022 17:55

AyeUpMeDuck · 21/06/2022 15:00

Things are going to get worse and worse and worse.
Commuting will become so expensive it won't be worth it.
Trains and buses will soon be costing 20% more.
Petrol will continue up and up, we'll see 250 soon.
Imports and food will be up.

Go fond the people who voted Tory and Leave. Shake their hands and thank them.

This is a world wide issue. If you want someone to blame, go and find Putin.

HopeIsNotAStrategy · 25/06/2022 18:30

So: what can we do about it?

It is horrendous, there is absolutely no doubt about that. I saw the 51% forecast and worked out what my energy costs would be. I live in a very old house. Sobering doesn't begin to cut it.

However, at the risk of sounding like Pollyanna, I firmly believe that nearly everybody can do something to mitigate the costs next winter, and the time to start doing that is now. Thankfully winter is still a few months away, and I am spending some time this summer making plans and preparing for what's ahead. I would urge you all to join me.

The first thing I suggest you do is have a really good look at your home, your living patterns and your current energy bills. Understand where your energy is going, it can be quite an eye opener. Find out how much energy your appliances use. (Look in the instruction manual or google it). You pay for your energy in units of kilowatt hours ( ie an equivalent usage of 1,000 watts per hour. If you run a 500 watt appliance for one hour, you will have used half a kilowatt of energy). As a rule of thumb, anything that produces heat - heating, hot water, cooking - are going to be your main energy drains. One potential easy win - if you have a hot water tank, can you reduce the number of hours a day your water heating is switched on?

Anything that is on constantly is also going to add up over time. For example, we found we had accumulated various fridges and freezers over the years, and this had previously been a good thing in terms of batch cooking, freezing bargains etc. Now we found they were making up 25% of our very hefty energy bills, so we have decommissioned a couple and knocked a very useful 10% off our electricity usage. That's one example, but you will find your own energy drains. On the plus side, our televisions use a very reasonable 30 odd watts an hour, so no need to restrict those. LED bulbs are not cheap, but use hardly any energy, so if you haven't swapped, try and change those, one at a time if you're on a budget.

By swapping my home insurance, broadband package and swapping to a water meter, I anticipate saving around £1200 a year, which will help towards my energy costs. I was surprised that was possible, I've always run a tight ship, but the markets change over time.

There's loads to be said in terms of practical things you can do around the house to keep more comfortable this winter, but this post is getting long and I have to finish now. Perhaps I'll start a post in the next few days and we can swap tips?

I do feel we can all do something, and taking positive steps will help us feel more in control at this crazy time.

OP posts:
TarasHarp55 · 10/07/2022 13:27

I don't understand why the government continue to rake in the tax on rising fuel cost. They get a percentage of what we pay so every time it goes up they profit. Surely they want people to be able to get to work.

beguilingeyes · 02/08/2022 11:29

And October isn't the end. Prices are due to go up again in the new year. It's worrying that Martin Lewis is the only person jumping up and down about this.
Sunak and Truss bang on about tax cuts and BJ is on holiday...

FlipFlops4Me · 02/08/2022 11:43

And just as all this is going on, they close Hinkley Point B nuclear power station. The replacement Hinkley Point C won't come on line for 5 years, so in the meantime we have to make up the shortfall by buying gas. Hinkley Point B was still working fine at the moment but hey, let's close it while we get the other one built.

Cosmos123 · 05/08/2022 09:29

TwinklingFairyLights · 21/06/2022 17:03

I was listening to R4 last night and an economist predicted 11% inflation this year and 6% in 2023. That's huge and tbh I think inflation is already higher than 11% this year.

Predicted to rise to 15%.

Cosmos123 · 05/08/2022 09:30

beguilingeyes · 02/08/2022 11:29

And October isn't the end. Prices are due to go up again in the new year. It's worrying that Martin Lewis is the only person jumping up and down about this.
Sunak and Truss bang on about tax cuts and BJ is on holiday...

Will rise every 3 months.
Next increase after Oct is in Jan in the middle of winter...

Cosmos123 · 05/08/2022 09:43

Do a survey in your home.
Insulate where you can now.
This has made a massive change to my consumption.
You can buy cheap insulation boards on eBay facebook market place.

Do loft insulation first. Can be a DIY job.
I insulated under my floorboards myself last week. We have a crawl space
Look at draughts through windows. Get seals.

Buy 2nd hand lined thermal curtains.

Or add fleece etc to existing curtains.

Get a front door curtain to eliminate draughts.

Buy thermals clothing for family.
Get blankets also to have around living room.

Don't bother ironing unless absolutely necessary.

Get an indoor broom instead of hoover.

Use hoover less frequently.

Don't use tumble dryer.

Wash on economy wash 20min cycle.
Get a heated blanket. Cost pennies and don't need heating.
Have shorter showers.
Batch cook and freeze.
Only boil water in kettle you need.

Main major consumer of energy are:
Hot water
Heating
Boiling kettles
Oven
Tumble dryer
Hoover
Lawn mower

The rest like lights, modern TV, computers, charging phones and odernappliance like fridge freezer are not major consumers.

So focus on the main ones.

Insulating your hone will mean less need for heating.

Wynona · 12/08/2022 19:31

As individuals we can ourselves a bit, but this is a supply issue. Without fixing that issue everything is short term. Lets work through the options

Wynona · 12/08/2022 20:17
  1. Reduce the reliance on gas. What are the barriers to solar panel farms?
  2. Have a national competition to invent a heat pump design that doesn't cost £12,000 to install. Come on Mr Dyson.
  3. Some areas have had 'solar together initiatives' this is a group buying scheme. Extend this. Those that can afford receive the benefit without a grant or tax funding. If the scheme is run through local councils there is more trust. The council could earn some commission.
Wynona · 12/08/2022 20:24

More ideas

  1. The design of new builds must include either solar panels or a heat pump.
5, if you generate more electricity than you need you can gift it to your local school rather than giving back to the electricity company do 4p
New posts on this thread. Refresh page