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Post by deeside2 on Jul 18, 2022 8:53:29 GMT
Thanks for the replies Gents ! I'll look into the solar panels but it doesn't sound that worthwhile really.
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Post by deeside2 on Jul 18, 2022 8:57:51 GMT
Deeside 2 - there's a load of info on Money Saving Expert website and a calculator you can use for seeing cost payback of solar panels. Seems its 14-24 year payback. I've just had a quick look. The overall financial benefit from our calculation works out as less than the cost of installation (installation estimate apprix £6500 !). There's also a 10 year maintenance (?) estimate of £1450. It says you may also need to get planning permission, and that there is a big variation in tariffs from companies buying your excess electricity that the panels have generated. Think I'll give it a miss.
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Post by raythesailor on Jul 18, 2022 9:36:47 GMT
My 2/3 yr for gas and electric deal with Scottish Power expires this month.
Any ideas what is the best strategy?
It occurs to me that I may be better going onto the standard tariff (ie do nothing) and wait for prices to hopefully come down in the future.??
EDIT? Just checked. A new one year deal goes from £66:00 to £236:00 pm!!
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Post by flea79 on Jul 18, 2022 10:15:14 GMT
My 2/3 yr for gas and electric deal with Scottish Power expires this month. Any ideas what is the best strategy? It occurs to me that I may be better going onto the standard tariff (ie do nothing) and wait for prices to hopefully come down in the future.?? EDIT? Just checked. A new one year deal goes from £66:00 to £236:00 pm!! stay on the variable deal and wait for better ones too come along, they will soon
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Post by monkeycat on Jul 18, 2022 18:16:27 GMT
Raythesailor just sent you a message
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Post by milton58 on Jul 18, 2022 18:22:08 GMT
Raythesailor just sent you a message what's the secret if you can not post it on here
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Post by questionable on Jul 18, 2022 19:37:43 GMT
Raythesailor just sent you a message what's the secret if you can not post it on here Obviously monkeycat will be offering to by pass his electric meter for a small fee
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Post by raythesailor on Jul 19, 2022 6:46:00 GMT
No big secret. Just a long extension leed over the fence to next door whilst they are away. 🤒
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Post by LL Cool Dave on Jul 19, 2022 6:56:51 GMT
Had 2 fans on all night. Probably have to cancel the family holiday now.
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Post by monkeycat on Jul 19, 2022 7:05:30 GMT
Raythesailor just sent you a message what's the secret if you can not post it on here No secret. I work for a company with cheapest fixed rate by some distance so simply offering to look at it, as I would for anyone on here.
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Post by raythesailor on Jul 19, 2022 7:58:26 GMT
Sailing in Greece a few years ago I pulled into Corinth for the night.
All the boats along the wall were connected up to the Lamp Posts!! 🤪
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Post by willieeetmiout on Jul 19, 2022 17:00:35 GMT
what's the secret if you can not post it on here No secret. I work for a company with cheapest fixed rate by some distance so simply offering to look at it, as I would for anyone on here. Not having a go but I'm guessing any fixed rate deal now is eminently more expensive than the standard variable rate meaning you are paying more now in the hope that it is cheaper down the line?
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Post by Gob Bluth on Jul 19, 2022 17:37:04 GMT
My 2/3 yr for gas and electric deal with Scottish Power expires this month. Any ideas what is the best strategy? It occurs to me that I may be better going onto the standard tariff (ie do nothing) and wait for prices to hopefully come down in the future.?? EDIT? Just checked. A new one year deal goes from £66:00 to £236:00 pm!! stay on the variable deal and wait for better ones too come along, they will soon Will they definitely come down soon? I have no idea how it all works but the war does look like ending. Biden left Saudi Arabia without a promise to provide more oil and it’s the summer in Europe. I do believe the government can’t keep letting the prices go up but I reckon they’ll argue they’ve given some support already.
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Post by foghornsgleghorn on Jul 19, 2022 17:44:35 GMT
stay on the variable deal and wait for better ones too come along, they will soon Will they definitely come down soon? I have no idea how it all works but the war does look like ending. Biden left Saudi Arabia without a promise to provide more oil and it’s the summer in Europe. I do believe the government can’t keep letting the prices go up but I reckon they’ll argue they’ve given some support already. The problem for the government is the £400 this autumn was what was needed when average capped bills were expected to rise £800 to £2,800 , now that they're expected to rise to £3300 that more than wipes out the £400.
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Post by Gob Bluth on Jul 19, 2022 19:08:45 GMT
Will they definitely come down soon? I have no idea how it all works but the war does look like ending. Biden left Saudi Arabia without a promise to provide more oil and it’s the summer in Europe. I do believe the government can’t keep letting the prices go up but I reckon they’ll argue they’ve given some support already. The problem for the government is the £400 this autumn was what was needed when average capped bills were expected to rise £800 to £2,800 , now that they're expected to rise to £3300 that more than wipes out the £400. Completely and this approach means they’ll have to keep revisiting although I’m guessing they’re loving the extra revenue from VAT.
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Post by franklin on Jul 20, 2022 6:30:26 GMT
I've started to switch things off, I have dozens of itmes on "standby" throughout our house and I've gone room by room turning things off. It may only save me a pound but I'm giving it a go.
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Post by superjw on Jul 20, 2022 6:51:18 GMT
No secret. I work for a company with cheapest fixed rate by some distance so simply offering to look at it, as I would for anyone on here. Not having a go but I'm guessing any fixed rate deal now is eminently more expensive than the standard variable rate meaning you are paying more now in the hope that it is cheaper down the line? I switched to a fixed rate end of May and came off the variable. This particular deal with British Gas was pretty good so only a small amount more than the variable rate now. The catch being my fixed will be way less than the variable come the autumn when it goes up again. The only reason I've done this now is because I got stung last year when British Gas pulled all their fixes rates from sale, I think they have just done the same again.
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Post by phileetin on Jul 20, 2022 8:51:54 GMT
diesel is 189.9 at esso garage in barnstaple , all the garages around there are within 3p.
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Post by Gob Bluth on Jul 20, 2022 13:43:43 GMT
We find out if Nordstream 1 gets turned back on today after the end of the maintenance period, consensus looks like Russia will but the threat is to reduce if unless Canada supply some turbines.
I’m only guessing that these things effect the price, happy to learn that they’re completely irrelevant if someone can point me in the right direction.
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Post by monkeycat on Jul 21, 2022 10:31:47 GMT
No secret. I work for a company with cheapest fixed rate by some distance so simply offering to look at it, as I would for anyone on here. Not having a go but I'm guessing any fixed rate deal now is eminently more expensive than the standard variable rate meaning you are paying more now in the hope that it is cheaper down the line? Variable going up 64% in October then at least 4% in January and again in April
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Post by PotteringThrough on Jul 21, 2022 10:47:15 GMT
Not having a go but I'm guessing any fixed rate deal now is eminently more expensive than the standard variable rate meaning you are paying more now in the hope that it is cheaper down the line? I switched to a fixed rate end of May and came off the variable. This particular deal with British Gas was pretty good so only a small amount more than the variable rate now. The catch being my fixed will be way less than the variable come the autumn when it goes up again. The only reason I've done this now is because I got stung last year when British Gas pulled all their fixes rates from sale, I think they have just done the same again. They have. I can’t get a new deal with them.
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Post by willieeetmiout on Jul 21, 2022 15:28:58 GMT
Not having a go but I'm guessing any fixed rate deal now is eminently more expensive than the standard variable rate meaning you are paying more now in the hope that it is cheaper down the line? Variable going up 64% in October then at least 4% in January and again in April But any fixed rate deal isn't going to be far off the variable rate. You are tied in for 2 years minimum and there is no way the government will allow a continued increase in the rate. Its a relatively short term gain for what could turn out to be a huge long term loss if prices naturally reduce or the government forces them to be.
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Post by oggyoggy on Jul 21, 2022 15:29:04 GMT
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Post by bigjohnritchie on Jul 21, 2022 17:29:27 GMT
Martin Lewis predicts a catastrophe and a" Poll tax" situation may arise , people being unable or unwilling to pay their energy bills.
Who would really want to be Prime Minister at this time?
Masses may stop paying energy bills in 'poll tax' moment, Martin Lewis warns | ITV News Masses may stop paying energy bills in 'poll tax' moment, Martin Lewis warns | ITV News Don't Pay UK is urging individuals to take action from October 1 if energy companies don't reduce bills to 'an affordable level'. | ITV National News
Martin Lewis warns next UK prime minister of ‘financial cataclysm’ Martin Lewis warns next UK prime minister of ‘financial cataclysm’ Money Saving Expert founder calls for warm public spaces in winter as cost of living becomes ‘unaffordable’ for some
( sorry, Links didn't copy)
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Post by Paul Spencer on Jul 21, 2022 17:42:00 GMT
Martin Lewis predicts a catastrophe and a" Poll tax" situation may arise , people being unable or unwilling to pay their energy bills. Who would really want to be Prime Minister at this time? Masses may stop paying energy bills in 'poll tax' moment, Martin Lewis warns | ITV News Masses may stop paying energy bills in 'poll tax' moment, Martin Lewis warns | ITV News Don't Pay UK is urging individuals to take action from October 1 if energy companies don't reduce bills to 'an affordable level'. | ITV National News Martin Lewis warns next UK prime minister of ‘financial cataclysm’ Martin Lewis warns next UK prime minister of ‘financial cataclysm’ Money Saving Expert founder calls for warm public spaces in winter as cost of living becomes ‘unaffordable’ for some ( sorry, Links didn't copy) There you go mate: www.itv.com/news/2022-07-20/masses-may-stop-paying-energy-bills-in-poll-tax-moment-martin-lewis-warns
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Post by RF10 on Jul 21, 2022 18:19:51 GMT
Martin Lewis predicts a catastrophe and a" Poll tax" situation may arise , people being unable or unwilling to pay their energy bills. Who would really want to be Prime Minister at this time? Masses may stop paying energy bills in 'poll tax' moment, Martin Lewis warns | ITV News Masses may stop paying energy bills in 'poll tax' moment, Martin Lewis warns | ITV News Don't Pay UK is urging individuals to take action from October 1 if energy companies don't reduce bills to 'an affordable level'. | ITV National News Martin Lewis warns next UK prime minister of ‘financial cataclysm’ Martin Lewis warns next UK prime minister of ‘financial cataclysm’ Money Saving Expert founder calls for warm public spaces in winter as cost of living becomes ‘unaffordable’ for some ( sorry, Links didn't copy) There you go mate: www.itv.com/news/2022-07-20/masses-may-stop-paying-energy-bills-in-poll-tax-moment-martin-lewis-warnsWhat sort of numbers would it take for serious repercussions or action to take place?
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Post by bigjohnritchie on Jul 21, 2022 18:21:13 GMT
Martin Lewis predicts a catastrophe and a" Poll tax" situation may arise , people being unable or unwilling to pay their energy bills. Who would really want to be Prime Minister at this time? Masses may stop paying energy bills in 'poll tax' moment, Martin Lewis warns | ITV News Masses may stop paying energy bills in 'poll tax' moment, Martin Lewis warns | ITV News Don't Pay UK is urging individuals to take action from October 1 if energy companies don't reduce bills to 'an affordable level'. | ITV National News Martin Lewis warns next UK prime minister of ‘financial cataclysm’ Martin Lewis warns next UK prime minister of ‘financial cataclysm’ Money Saving Expert founder calls for warm public spaces in winter as cost of living becomes ‘unaffordable’ for some ( sorry, Links didn't copy) There you go mate: www.itv.com/news/2022-07-20/masses-may-stop-paying-energy-bills-in-poll-tax-moment-martin-lewis-warnsAnd this Paul Martin: 'I feel sick writing this. The energy price cap's now predicted to rise 65% in October, taking typical bills to a horrific £3,240/year, then rising again in January' www.moneysavingexpert.com/news/2022/07/martin---i-feel-sick-writing-this--the-energy-price-cap-s-now-pr/As I said earlier, who in their right mind would want to be Prime Minister in September?
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Post by lawrieleslie on Jul 21, 2022 18:27:31 GMT
Liz Truss has promised to suspend the green levy on energy bills. 2 years ago this was 30% reducing to 25% last year. Anybody know what it is this year ? Is it enough to make any big difference?
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Post by Paul Spencer on Jul 21, 2022 18:35:06 GMT
Ego quite often trumps logic doesn't it mate?
They just want their name to be recorded in the history books, there were 11 of them last week and imo, probably only Badernoch was in it for the right reasons (although personally, I destest her politics).
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Post by monkeycat on Jul 21, 2022 20:08:17 GMT
Variable going up 64% in October then at least 4% in January and again in April But any fixed rate deal isn't going to be far off the variable rate. You are tied in for 2 years minimum and there is no way the government will allow a continued increase in the rate. Its a relatively short term gain for what could turn out to be a huge long term loss if prices naturally reduce or the government forces them to be. Around 50% above current cap so nearly 20% less than what it will be in January and 15% less than this October and only fixed for 12 months. People need to realise prices aren’t coming down anytime soon
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