sherlock
Well-known member
Practically impossible to do now. All rates are pretty much the same except for the Octopus Tracker which has a 6 month waiting list.
Energy bills due to go up by 40%
- Thread starter Uwefuchs
- Start date
Practically impossible to do now. All rates are pretty much the same except for the Octopus Tracker which has a 6 month waiting list.
Stocko
Well-known member
I would be doing backflips if my electric and gas bill was the same as my water bill, and I don’t even need gas and electric to keep me alive, 2 days without water apparently
thewanderer
Well-known member
How would it be different if it was nationalised?
weemoby
Well-known member
Cheaper?
sherlock
Well-known member
Is this a serious question?
All of the money currently creamed off in profits could be invested in infrastructure and service improvement.
It’s not a complicated premise surely.
h_m_boro
Well-known member
First profit payout is to investors - shareholder dividends. If it wasn't private this could go towards reinvestment/lower bills ......or am I completely missing the point?
NYboro
Well-known member
Unfortunately, making up for all the money that's been siphoned off will take a long time.
Corcaigh_the_Cat
Well-known member
Are you for real?
thewanderer
Well-known member
What profits?
thewanderer
Well-known member
Yes I'm for real, who do you think is making all these massive profits?
NYboro
Well-known member
Without thinking too hard, look and see how much Centrica made last year.
Corcaigh_the_Cat
Well-known member
Is this how the Tories get away with it?
Haven't you seen on TV, heard on radio or read in the press the record profits being made?
sherlock
Well-known member
Not biting, clear trolling.
Markviduka
Active member
Few points… firstly I don’t think I’ve ever thanked the original creator of this post @Uwefuchs you deserve a medal as big as a bin lid, hats off I've saved a fortune. Thank you.
I Joined the Octopus tracker on Feb 9th I’ve saved around £300+ on my energy bills since then.
Secondary… How is the EPG still at the current levels? O&G price at levels seen same as pre Ukrainian conflict. With the windfall tax, total taxation on the energy sector around 75%. I know they cook their books to suit, but is the government just using this as a smokescreen to generate a huge tax revenue. What is going? The EPG was due to increase from £2500 to £3000? How? Why isn’t anyone applying pressure to Ofgem to reduce the EPG, it’s crazy. The regulators seem to be generating huge tax revenues for the government.
Octopus tracker rates. Which have been around this mark for a good 2/3 weeks.
Gas 4.452p KW/H
Elec 19.09p KW/H
EPG rates.
Gas 10.4p KW/H
Elec 34.0p KW/H
I Joined the Octopus tracker on Feb 9th I’ve saved around £300+ on my energy bills since then.
Secondary… How is the EPG still at the current levels? O&G price at levels seen same as pre Ukrainian conflict. With the windfall tax, total taxation on the energy sector around 75%. I know they cook their books to suit, but is the government just using this as a smokescreen to generate a huge tax revenue. What is going? The EPG was due to increase from £2500 to £3000? How? Why isn’t anyone applying pressure to Ofgem to reduce the EPG, it’s crazy. The regulators seem to be generating huge tax revenues for the government.
Octopus tracker rates. Which have been around this mark for a good 2/3 weeks.
Gas 4.452p KW/H
Elec 19.09p KW/H
EPG rates.
Gas 10.4p KW/H
Elec 34.0p KW/H
ThePrisoner
Well-known member
Is there a standing charge as well?
I've been paying 3.959 for gas and 19.467 for elec since August 2021. It's all a scam.
Markviduka
Active member
Yeah there’s a standing charge on top of that that’s the same as the EPG standing charge
Redwurzel
Well-known member
Wholesale gas prices are dropping all the time, now down to the same price as June 2021, in fact almost down to a price seen in 2018. Btw Oil had dropped a lot in price in the last 2 days now below $70 so expect to see lower pirces at the pumps, if it remains below $70.
Centrica (British Gas owner) managed to make a loss in 2020 - in the last 5 years, its share price is down 27%.
I can't explain why it made a loss. Possibly its just a retailer of energy and its the producers that are making the profits.
Centrica (British Gas owner) managed to make a loss in 2020 - in the last 5 years, its share price is down 27%.
I can't explain why it made a loss. Possibly its just a retailer of energy and its the producers that are making the profits.
locomansimon
Well-known member
And ? The fuel itself is half price, its saved me a fortune !
Linny
Well-known member
He was only answering someone’s question.
Maccarone
Well-known member
Likewise I joined early February, just got my April bill,£118, with a standard tariff it would have been £250 plus