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Post by henry on Jul 21, 2022 21:06:12 GMT
If millions of house holds stop paying, thats millions of court hearings that need to take place before a disconnection. Unless you are on a smart meter. but smart meters have been installed to help you reduce your bill, not control the energy coming into your house. No shit sherlock. Cunts, long con.
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Post by willieeetmiout on Jul 21, 2022 22:13:22 GMT
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 You drastically underestimate the power of the consumer. If a quarter of consumers, what's that about 5 million?, decide to renege on paying for their gas and electric for a 3-6 month period what are the companies going to do? Not a alot. A move of that scale would crucify some providers. Companies aren't going to take enforcement action against 5 million households. Even if they did it would take years to recover any amounts. What's the next option? Apply to the Courts for warrants to enter premises to change to prepayment meters. How long would that take? 15 years maybe? All the while more and more providers go bust. The industry has got de-privatisation written all over it.
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Post by lawrieleslie on Jul 22, 2022 6:29:23 GMT
If millions of house holds stop paying, thats millions of court hearings that need to take place before a disconnection. Unless you are on a smart meter. but smart meters have been installed to help you reduce your bill, not control the energy coming into your house. No shit sherlock. Cunts, long con. Why can’t the regulator simply refuse to increase the cap in October. Tell companies to use some of the trillions of profit they have made over the last decade.
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Post by henry on Jul 22, 2022 7:55:25 GMT
If millions of house holds stop paying, thats millions of court hearings that need to take place before a disconnection. Unless you are on a smart meter. but smart meters have been installed to help you reduce your bill, not control the energy coming into your house. No shit sherlock. Cunts, long con. Why can’t the regulator simply refuse to increase the cap in October. Tell companies to use some of the trillions of profit they have made over the last decade. Yeh, how can a cap be a cap when you can increase the cap. We are being fucked up the arse.
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Post by stokie63 on Jul 22, 2022 8:42:09 GMT
Love the idea of millions of house holders saying fuck the bill not paying it that would be fun.
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Post by lawrieleslie on Jul 22, 2022 10:22:41 GMT
Love the idea of millions of house holders saying fuck the bill not paying it that would be fun. Problems later down the line when British Gas etc pass your debt to an agency for more aggressive collection plus more expense in agencies fees. Then credit rating destroyed. Sounds good idea but legal wheels will still keep turning. May take years to get to this point but, rest assured, it will. These energy companies are pretty ruthless with unpaid debts. When my dad popped his clogs in 2015 he was 78p in the red with EDF. As executor I’d overlooked the bill and received a letter threatening to pass the debt to debt collectors if it wasn’t paid in 14 days. 78p ffs.
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Post by stokie63 on Jul 22, 2022 10:31:33 GMT
Love the idea of millions of house holders saying fuck the bill not paying it that would be fun. Problems later down the line when British Gas etc pass your debt to an agency for more aggressive collection plus more expense in agencies fees. Then credit rating destroyed. Sounds good idea but legal wheels will still keep turning. May take years to get to this point but, rest assured, it will. These energy companies are pretty ruthless with unpaid debts. When my dad popped his clogs in 2015 he was 78p in the red with EDF. As executor I’d overlooked the bill and received a letter threatening to pass the debt to debt collectors if it wasn’t paid in 14 days. 78p ffs. Aint bothered about credit rating mortgage free debt free won't affect me but I no where your coming from for others but if you can't afford it people will have no choice but to say fuck it I aint paying it.
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Post by Gob Bluth on Jul 22, 2022 10:33:02 GMT
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 This is my guess and also why I think it's crazy that economists are speculating that inflation will top out in October, it feels unbelievably optimistic.
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Post by superjw on Jul 22, 2022 16:43:18 GMT
Love the idea of millions of house holders saying fuck the bill not paying it that would be fun. Problems later down the line when British Gas etc pass your debt to an agency for more aggressive collection plus more expense in agencies fees. Then credit rating destroyed. Sounds good idea but legal wheels will still keep turning. May take years to get to this point but, rest assured, it will. These energy companies are pretty ruthless with unpaid debts. When my dad popped his clogs in 2015 he was 78p in the red with EDF. As executor I’d overlooked the bill and received a letter threatening to pass the debt to debt collectors if it wasn’t paid in 14 days. 78p ffs. Suppose this is the thing, anything like that is on a credit file for 6 years even when paid off.
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Post by prestwichpotter on Jul 28, 2022 7:37:29 GMT
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Post by bayernoatcake on Jul 28, 2022 7:43:05 GMT
Absolute joke.
This country needs to grind to a halt.
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Post by noustie on Jul 28, 2022 7:45:47 GMT
What the fuck is going on!
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Post by henry on Jul 28, 2022 7:47:44 GMT
What the fuck is going on! Squeezing the plebs for every penny they can get.
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Post by oggyoggy on Jul 28, 2022 7:56:10 GMT
What the fuck is going on! We have a tory government. So money will pass from the public to the richest at the fastest pace they can get away with it. We need a state run energy provider and proper taxation of the massive companies making billions off the rest of us
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Post by oggyoggy on Jul 28, 2022 7:59:05 GMT
Tax all profits of energy companies 90% with every penny invested in green energy supply tax deductible.
Instead we have the windfall tax that taxes energy companies slightly more, with tax incentives for investment in fossil fuels, but not green energy. And the man who devised that plan is trying to be the next PM!
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Post by prestwichpotter on Jul 28, 2022 7:59:21 GMT
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Post by oggyoggy on Jul 28, 2022 8:03:24 GMT
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Post by henry on Jul 28, 2022 8:04:57 GMT
Tax all profits of energy companies 90% with every penny invested in green energy supply tax deductible. Instead we have the windfall tax that taxes energy companies slightly more, with tax incentives for investment in fossil fuels, but not green energy. And the man who devised that plan is trying to be the next PM! How will that reduce people’s energy bills ?
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Post by bigjohnritchie on Jul 28, 2022 8:05:56 GMT
Save me investigating again , can someone explain how the price cap works....and what the actual point is......as I see it, it protects suppliers not consumers.....the name is disingenuous and misleading.
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Post by oggyoggy on Jul 28, 2022 8:13:57 GMT
Tax all profits of energy companies 90% with every penny invested in green energy supply tax deductible. Instead we have the windfall tax that taxes energy companies slightly more, with tax incentives for investment in fossil fuels, but not green energy. And the man who devised that plan is trying to be the next PM! How will that reduce people’s energy bills ? It won’t. Only by nationalising and massive investment in green and nuclear energy will we reduce bills. That takes decades. So if we are going to be paying a fortune for energy, I’d prefer to line the pockets of the Treasury to reinvest in public services, rather than line millionaire shareholders’ pockets. By taxing them massively we can reinvest the money in nationalising energy and green and nuclear projects, without which we are all going to be paying 4 or 5 times what we are now for fossil fuel energy a few years down the line.
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Post by prestwichpotter on Jul 28, 2022 8:15:32 GMT
Hang on now don’t be hasty, pragmatism is what’s required here……
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Post by telfordstokie on Jul 28, 2022 8:18:37 GMT
So ordinary people are being pushed into debt and poverty to prop up these utterly obscene profit levels? Truly despicable.
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Post by henry on Jul 28, 2022 8:21:49 GMT
How will that reduce people’s energy bills ? It won’t. Only by nationalising and massive investment in green and nuclear energy will we reduce bills. That takes decades. So if we are going to be paying a fortune for energy, I’d prefer to line the pockets of the Treasury to reinvest in public services, rather than line millionaire shareholders’ pockets. By taxing them massively we can reinvest the money in nationalising energy and green and nuclear projects, without which we are all going to be paying 4 or 5 times what we are now for fossil fuel energy a few years down the line. The more you tax them, the more they will increase the price to cover the loss in profits. Nationalising is the only way but then that comes with risks.
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Post by Gob Bluth on Jul 28, 2022 8:23:52 GMT
I was interested to know what this would be per British household which isn't very accurate as I know there are other arms to the business and business users but just assuming that every penny of profit is made from British households (27.8m) I make that: 1,340,000,000/27,800,000 = £49.20 over the six months. If I've got the maths wrong and make myself look very silly I'm sorry, and please someone correct me. It's awful, opportunistic, a symptom of a dysfunctional capitalist society but if you were asking do I want this back or if I would get the VAT back off my 6 months bill I'd go for the VAT. Edit after seeing post - Shell's 11,500,000,000/27,800,000 = £413.66 which is much more significant and makes me come to a very different conclusion.
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Post by foster on Jul 28, 2022 8:28:22 GMT
How in the fuckity fuck does that make sense? Are the consumers the only ones paying higher prices? I would assume everyone was in this together and then you see shite like this. Heads need to roll (not literally).
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Post by thevoid on Jul 28, 2022 8:46:47 GMT
How in the fuckity fuck does that make sense? Are the consumers the only ones paying higher prices? I would assume everyone was in this together and then you see shite like this. Heads need to roll (not literally). I'd actually go for literally with these bastards
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Post by oggyoggy on Jul 28, 2022 9:32:02 GMT
It won’t. Only by nationalising and massive investment in green and nuclear energy will we reduce bills. That takes decades. So if we are going to be paying a fortune for energy, I’d prefer to line the pockets of the Treasury to reinvest in public services, rather than line millionaire shareholders’ pockets. By taxing them massively we can reinvest the money in nationalising energy and green and nuclear projects, without which we are all going to be paying 4 or 5 times what we are now for fossil fuel energy a few years down the line. The more you tax them, the more they will increase the price to cover the loss in profits. Nationalising is the only way but then that comes with risks. Regulate them at the same time and then they cannot increase prices. Nationalising is the way, but to do so we need money and to raise money we need to tax the profits of these scummy energy companies making billions
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Post by foster on Jul 28, 2022 9:57:06 GMT
All these energy increases and so little talk about investing in renewable energy or self sufficiency.
It really doesn't get the coverage or attention it deserves.
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Post by Rednwhitenblue on Jul 28, 2022 10:04:24 GMT
All these energy increases and so little talk about investing in renewable energy or self sufficiency. It really doesn't get the coverage or attention it deserves. The government's energy strategy was released recently. It basically said no to onshore wind generation. There are scenic views to think about. And votes in scenic shires. Meanwhile, the earth continues to boil.
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Post by Rednwhitenblue on Jul 28, 2022 10:20:45 GMT
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