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Post by Billy the kid on Dec 6, 2022 19:29:56 GMT
Just after a quick comparison, I'm on pay as you go on gas and I've gone through my statements and I spent £170 in November. We don't use it all of the time only central heating set at 18 degrees and hot water. It's a small 3 bed semi, Only had the central heating on for maybe 3 or 4 hours a day, I know it's gone up but does this seem high or is it about the going rate now?
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Post by bojanihilate on Dec 6, 2022 21:39:55 GMT
That seems high to me even at todays prices. Im guessing there is different prices per unit from different companies and tarriffs, but i stopped my direct debit and pay what is owed monthly now. (After they were very unwilling to pay what i had in credit back to me, i stopped the DD and used up the credit) now with the £66 discount which is applied straight from shell(my supplier) i roughly pay £50 a month for the last 2 months(combined gas and electric). Yes we have been careful, but the heating has been on most days,especially as the temp has dropped last few weeks. But i havnt noticed the big jump in my bills others have stated. I had a smart metre installed, which i was always against, but i actually like it. Beeing able to keep an eye on usage and previous weeks/months
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Post by Billy the kid on Dec 7, 2022 0:41:44 GMT
That seems high to me even at todays prices. Im guessing there is different prices per unit from different companies and tarriffs, but i stopped my direct debit and pay what is owed monthly now. (After they were very unwilling to pay what i had in credit back to me, i stopped the DD and used up the credit) now with the £66 discount which is applied straight from shell(my supplier) i roughly pay £50 a month for the last 2 months(combined gas and electric). Yes we have been careful, but the heating has been on most days,especially as the temp has dropped last few weeks. But i havnt noticed the big jump in my bills others have stated. I had a smart metre installed, which i was always against, but i actually like it. Beeing able to keep an eye on usage and previous weeks/months I've got a smart meter I've got 9 quid on and it estimates 1 day until its out. I'm not sire what the Craic is but 170 on has alone with only using a few hours a day seems excessive.
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Post by Etain Tur-Mukan on Dec 7, 2022 6:56:11 GMT
The pay as you go will really bump up your price 😐, my father has the same for his gas. It costs him around £7 for two hours of using his gas fire for example. I'm trying to get him to change to a normal meter 😕
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Post by Northy on Dec 7, 2022 9:10:03 GMT
It does seem high. I'm the same as Bojanihilate with the smart meter, I was up to £30 last week, first time it's hit that, but that did include a bit of electrical car charging as well.
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Post by questionable on Dec 7, 2022 11:22:41 GMT
My mum rings her gas reading in every month (EDF), so last week rings as usual and told she’s used £74 in gas for the previous month, when questioning the amount and that she’d not had her CH on whatsoever, she then asked was she she in credit and told they didn’t know and they could only tell her what she’d apparently used.
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Post by lawrieleslie on Dec 7, 2022 11:51:54 GMT
There’s something not right. We had an email of British Gas saying they were increasing our DD for electricity from £81 to £174 because we were £89 in the red. I checked the reading which was correct but had been taken on 20th November 2 days before our £81 DD is taken out. Wonder how many more have been caught in this little scam. I know it will even out at the 6 month review in January but in the meantime they have about £100 of our money that they say cannot be refunded.
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Post by sticky on Dec 7, 2022 11:56:47 GMT
Be the next scandal to come out.. we’re being ripped off
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Post by superjw on Dec 7, 2022 12:01:48 GMT
There’s something not right. We had an email of British Gas saying they were increasing our DD for electricity from £81 to £174 because we were £89 in the red. I checked the reading which was correct but had been taken on 20th November 2 days before our £81 DD is taken out. Wonder how many more have been caught in this little scam. I know it will even out at the 6 month review in January but in the meantime they have about £100 of our money that they say cannot be refunded. I’ve had this for 3 months now. I pay 150 electric and I use just short of that. So headline is my payments cover my usage pretty much spot on. British Gas keep sending me letters and on my app saying I am not paying enough and must move to pay over £200. The maths just doesn’t add up in the slightest and I know for a fact I am paying bang on. They are scamming people into paying more thinking they don’t want an even bigger bill next year. It’s disgusting
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Post by superjw on Dec 7, 2022 12:02:50 GMT
Be the next scandal to come out.. we’re being ripped off Of course we are, their profit margins have told us that for months. Prices should be way lower and these companies can still turn profits they did before, that’s a fact
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Post by hotterpotter on Dec 7, 2022 17:06:55 GMT
If you think you are being scammed you can always switch to variable direct debit.
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Post by stokie63 on Dec 28, 2022 8:45:48 GMT
Were spending about 10 pounds a day on average combined, we live in a 3 bed semi 4 adults most of the week what people's daily bills.
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Post by svengaliinplatforms on Dec 28, 2022 10:46:20 GMT
I'm £1200 in credit with EDF at the minute, paying £260pm.
I got a decent Fix just before the world went mad though.....
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Post by Northy on Dec 28, 2022 13:12:44 GMT
Were spending about 10 pounds a day on average combined, we live in a 3 bed semi 4 adults most of the week what people's daily bills. during that cold spell, we were about £80 a week, and that was trying to limit the heating, wearing a hoody and a fleece when WFH, it's gone up with all the cooking at Xmas and a house full, more people showering, thankfully 2 are going back later today and the third on Friday, we can turn off radiators in those bedrooms then.
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Post by teenagefanclub on Dec 30, 2022 9:09:23 GMT
I’ve seen today that wholesale gas prices are back below pre Ukraine prices? Is this true as can’t see it on the news?
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Post by Northy on Dec 30, 2022 10:32:50 GMT
I’ve seen today that wholesale gas prices are back below pre Ukraine prices? Is this true as can’t see it on the news? No, pre-invasion was about 174 p/therm, it's now at 210 p/therm, down from its peak in August of about 703p/therm, it's starting to rise again as there has been an issue with the Norwegian distribution chain to the UK and winter usage will increase demand.
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Post by Rednwhitenblue on Dec 30, 2022 11:03:00 GMT
If you think you are being scammed you can always switch to variable direct debit. You can, but that's no guarantee that you won't still be 'scammed'. For example, there is nothing to stop energy companies from varying their direct debit when and as they see fit. There was a story out recently about energy companies doing this to give themselves a nice little nest-egg (on which they no doubt make substantial interest) instead of reducing prices for customers. It's the same as when garages raise their petrol prices the instant crude oil goes up, then spend weeks slowly lowering them when it drops. Same with banks and building society interest rates. Their mortgage rates go up rapidly after the BoE base rate increases, not quite so quick with their savings rates. (Their latest trick appears to be emailing savers as soon as the BoE rate goes up to make it look like they're responding quickly. But it's just an email. The actual savings rate rise still takes weeks to happen, the mortgage one goes up pronto). Privatised Britain. Profits before people.
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Post by hotterpotter on Dec 30, 2022 12:00:36 GMT
If you think you are being scammed you can always switch to variable direct debit. You can, but that's no guarantee that you won't still be 'scammed'. For example, there is nothing to stop energy companies from varying their direct debit when and as they see fit. There was a story out recently about energy companies doing this to give themselves a nice little nest-egg (on which they no doubt make substantial interest) instead of reducing prices for customers. It's the same as when garages raise their petrol prices the instant crude oil goes up, then spend weeks slowly lowering them when it drops. Same with banks and building society interest rates. Their mortgage rates go up rapidly after the BoE base rate increases, not quite so quick with their savings rates. (Their latest trick appears to be emailing savers as soon as the BoE rate goes up to make it look like they're responding quickly. But it's just an email. The actual savings rate rise still takes weeks to happen, the mortgage one goes up pronto). Privatised Britain. Profits before people. It probably works differently depending on the company. For mine they just take the exact amount for whatever energy I used the previous month a couple of weeks after the statement.
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Post by superjw on Dec 30, 2022 16:23:54 GMT
I’ve seen today that wholesale gas prices are back below pre Ukraine prices? Is this true as can’t see it on the news? No, pre-invasion was about 174 p/therm, it's now at 210 p/therm, down from its peak in August of about 703p/therm, it's starting to rise again as there has been an issue with the Norwegian distribution chain to the UK and winter usage will increase demand. But here is the kicker, if that’s the case then Ofgem should have forced a lowering of the prices and most definitely should be cancelling the £500 a year rise expected in February. But they won’t, because they don’t work for the people and at this point are nothing more than enabling the scalping of the customers. I absolutely hate how fuel and energy companies skyrocket their prices at the slightest whiff of price rises but they always try to cover up the price falls and not react, it’s practically criminal what’s happening.
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Post by Northy on Dec 30, 2022 16:45:12 GMT
No, pre-invasion was about 174 p/therm, it's now at 210 p/therm, down from its peak in August of about 703p/therm, it's starting to rise again as there has been an issue with the Norwegian distribution chain to the UK and winter usage will increase demand. But here is the kicker, if that’s the case then Ofgem should have forced a lowering of the prices and most definitely should be cancelling the £500 a year rise expected in February. But they won’t, because they don’t work for the people and at this point are nothing more than enabling the scalping of the customers. I absolutely hate how fuel and energy companies skyrocket their prices at the slightest whiff of price rises but they always try to cover up the price falls and not react, it’s practically criminal what’s happening. Agree, Ofgem are pretty useless at this
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Post by mtrstudent on Dec 31, 2022 0:30:22 GMT
I’ve seen today that wholesale gas prices are back below pre Ukraine prices? Is this true as can’t see it on the news? No, pre-invasion was about 174 p/therm, it's now at 210 p/therm, down from its peak in August of about 703p/therm, it's starting to rise again as there has been an issue with the Norwegian distribution chain to the UK and winter usage will increase demand. I saw some headlines but I think they were talking about the European prices. The Dutch hub ones just dropped below some pre-war days, which makes good headlines for "prices below pre-war" but they're really about double average for this time of year. Still, the weather's been alright so things could have been loads shitter.
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Post by oggyoggy on Dec 31, 2022 12:20:07 GMT
I’ve seen today that wholesale gas prices are back below pre Ukraine prices? Is this true as can’t see it on the news? No, pre-invasion was about 174 p/therm, it's now at 210 p/therm, down from its peak in August of about 703p/therm, it's starting to rise again as there has been an issue with the Norwegian distribution chain to the UK and winter usage will increase demand. Why won’t the government regulate to enforce the price drop since August is factored into energy prices for consumers, rather than lining the pockets of the already extremely wealthy shareholders of the multinational corporations?
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Post by stonmg on Jan 1, 2023 17:16:49 GMT
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Post by swampmongrel on Jan 1, 2023 22:13:36 GMT
No, pre-invasion was about 174 p/therm, it's now at 210 p/therm, down from its peak in August of about 703p/therm, it's starting to rise again as there has been an issue with the Norwegian distribution chain to the UK and winter usage will increase demand. I saw some headlines but I think they were talking about the European prices. The Dutch hub ones just dropped below some pre-war days, which makes good headlines for "prices below pre-war" but they're really about double average for this time of year. Still, the weather's been alright so things could have been loads shitter. I understand that less than 200p per therm is actually under the price cap so it means the tax payer is no longer on the hook. Still expensive so people should try and reduce their use if possible. Unfortunately the lower prices are partly a result of industries shutting down across the UK and the rest of Europe so not really good.
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Post by swampmongrel on Jan 1, 2023 22:15:04 GMT
No, pre-invasion was about 174 p/therm, it's now at 210 p/therm, down from its peak in August of about 703p/therm, it's starting to rise again as there has been an issue with the Norwegian distribution chain to the UK and winter usage will increase demand. Why won’t the government regulate to enforce the price drop since August is factored into energy prices for consumers, rather than lining the pockets of the already extremely wealthy shareholders of the multinational corporations? The wholesale price is still high! It’s a bit of a myth that energy that energy companies are making sky high profits.
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Post by swampmongrel on Jan 1, 2023 22:17:56 GMT
If you think you are being scammed you can always switch to variable direct debit. You can, but that's no guarantee that you won't still be 'scammed'. For example, there is nothing to stop energy companies from varying their direct debit when and as they see fit. There was a story out recently about energy companies doing this to give themselves a nice little nest-egg (on which they no doubt make substantial interest) instead of reducing prices for customers. It's the same as when garages raise their petrol prices the instant crude oil goes up, then spend weeks slowly lowering them when it drops. Same with banks and building society interest rates. Their mortgage rates go up rapidly after the BoE base rate increases, not quite so quick with their savings rates. (Their latest trick appears to be emailing savers as soon as the BoE rate goes up to make it look like they're responding quickly. But it's just an email. The actual savings rate rise still takes weeks to happen, the mortgage one goes up pronto). Privatised Britain. Profits before people. People should vote with their feet. There’s nearly always a better energy deal or a better bank savings/mortgage rate available. I’m fairly certain banks aren’t operating as a a cartel.
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Post by oggyoggy on Jan 2, 2023 8:55:42 GMT
Why won’t the government regulate to enforce the price drop since August is factored into energy prices for consumers, rather than lining the pockets of the already extremely wealthy shareholders of the multinational corporations? The wholesale price is still high! It’s a bit of a myth that energy that energy companies are making sky high profits. It has fallen massively. The energy producers (Shell, BP etc) are making record profits. Energy providers are not, because they are being fleeced by the producers. Regulate the producers, and at the same time create a tax payer owned green energy and nuclear power company so we can wean ourselves off fossil fuels and the whims of the energy giants and cut our energy bills in half or more.
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Post by swampmongrel on Jan 2, 2023 13:52:37 GMT
The wholesale price is still high! It’s a bit of a myth that energy that energy companies are making sky high profits. It has fallen massively. The energy producers (Shell, BP etc) are making record profits. Energy providers are not, because they are being fleeced by the producers. Regulate the producers, and at the same time create a tax payer owned green energy and nuclear power company so we can wean ourselves off fossil fuels and the whims of the energy giants and cut our energy bills in half or more. Sure they're making massive profits, this year. After massive losses during the pandemic. You can check stock prices (Total, Shell, BP etc) they don't scream supernormal profits. How would you like them regulating? Were you calling for a minimum price for energy when some firms (quite literally) couldn't give the stuff away in 2020? The energy firms are all multinationals you can tinker around the edges but you can't have the state fixing prices. Otherwise the firms will just sell elsewhere. Agree that we need to wean ourselves off dirty (often imported from dubious regimes) fossil fuels. I'm just not sure it needs to be state that does it. Any individual can invest in renewable technology generation (at home or abroad). I don't see any reason for the state to be involved.
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Post by iancransonsknees on Jan 2, 2023 14:09:59 GMT
It has fallen massively. The energy producers (Shell, BP etc) are making record profits. Energy providers are not, because they are being fleeced by the producers. Regulate the producers, and at the same time create a tax payer owned green energy and nuclear power company so we can wean ourselves off fossil fuels and the whims of the energy giants and cut our energy bills in half or more. Sure they're making massive profits, this year. After massive losses during the pandemic. You can check stock prices (Total, Shell, BP etc) they don't scream supernormal profits. How would you like them regulating? Were you calling for a minimum price for energy when some firms (quite literally) couldn't give the stuff away in 2020? The energy firms are all multinationals you can tinker around the edges but you can't have the state fixing prices. Otherwise the firms will just sell elsewhere. Agree that we need to wean ourselves off dirty (often imported from dubious regimes) fossil fuels. I'm just not sure it needs to be state that does it. Any individual can invest in renewable technology generation (at home or abroad). I don't see any reason for the state to be involved. I can invest in solar panels but still get stung with the penalty of the standing charge, paying back the money speculators lost effectively. Why invest in solar when we all already contribute to the green levy through our bills and the FIT is non-existent. Restore the FIT to a reasonable rate and I'll consider it.
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Post by swampmongrel on Jan 2, 2023 17:53:20 GMT
Sure they're making massive profits, this year. After massive losses during the pandemic. You can check stock prices (Total, Shell, BP etc) they don't scream supernormal profits. How would you like them regulating? Were you calling for a minimum price for energy when some firms (quite literally) couldn't give the stuff away in 2020? The energy firms are all multinationals you can tinker around the edges but you can't have the state fixing prices. Otherwise the firms will just sell elsewhere. Agree that we need to wean ourselves off dirty (often imported from dubious regimes) fossil fuels. I'm just not sure it needs to be state that does it. Any individual can invest in renewable technology generation (at home or abroad). I don't see any reason for the state to be involved. I can invest in solar panels but still get stung with the penalty of the standing charge, paying back the money speculators lost effectively. Why invest in solar when we all already contribute to the green levy through our bills and the FIT is non-existent. Restore the FIT to a reasonable rate and I'll consider it. I wasn't thinking about home installation and don't know much about the economics of that. I think the FIT was quite useful to get the industry up and running but not sure about the long-term advantages. 'Economies of scale' would suggest that smaller installations would be suboptimal compared to the big wind/solar farms but I can see that the tax break to encourage household investment was useful. I was thinking more about shares in large scale projects. There's a number operating in the UK which pay a reasonable dividend. You can also put them in an ISA or SIPP to get tax advantages. Obvioulsy riskier than keeping cash and not investment advice (that I'm not qualified to give, anyhow). Actually the UK does pretty well at renewable generation for electricity. The current big challenge is storage (for when it isn't windy or sunny) and home heating (which I think you know more about than me). My comment was more that it's possible for individuals to invest if they want to promote renewables and less reliant on fossil fuels. Doing so would seem (to me at least) to be better than just expecting the government to fix it. Of course, you can also buy shares in Shell/Oxy/BP, or whoever, if you want a chunk of those 'massive profits' available in fossil fuels ;-)
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