Energy bills forecast to top £4,200 in January
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- Опубликовано: 25 июл 2024
- As the two candidates prepared for another slugfest in front of Tory members tonight in County Durham, they exchanged blows over the escalating gas and electricity price crisis.
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The energy price cap is supposed to protect households from unpayable bills.
But analysts today warned that the cap will rise so high that average bills could approach £4,300 pounds early in the new year.
Boris Johnson has said that taking action will be down to whoever takes over from him.
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Just imagine retiring as a registered nurse, using all your income/salary to pay rent and tax without any good investment or means of extra cash, tending to leave your profession/job that has been part of you for many years with no good funds. How will you cope?
@Emile Arnold This is actually what most families are going through, tax and rents takes almost what they got monthly, leaving them with no savings
And I'm not ready to fall victim for this kind of hardship life after much effort in my company
@@ameliawilliams8522 I've heard a lot complaining about how unsafe crypto and Forex trading is but honestly speaking, if you don't experience you won't know, I've seen the bad and the good part of Forex trading
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@Kimberly Brian Starting early is the best way of getting ahead to build wealth, investing remains a priority.
Start making MPs pay their own gas and electric bills instead of fiddling on their expenses and they might do something about it
Yes....they’ll pass a bill that any attempt to make them pay will be met by jail time! Want to pay less? ill your (s)elected leaders and put a K in front of ill! Don’t do that? Can’t win! THE END!
Bastards
👏🏿👏🏿👏🏿
Rules for them and for the rest of us. They have time and time again proved they're self centred.
Seems privatising energy wasn’t the such a good idea after all
Make the brexiteers pay the energy. They knew what they voted for
Energy reseller companies have made a loss the last 3 years...
I just wonder who's brilliant ideas was to privatise it anyway?!
Having idealism of authority is insane. We need to take the scum at top of stew once n a while out the boat. Rothchilds n rockefella own all power near enough. World is in so much pain because of the scum at the top. Yet most just talk about symptoms not cause which is typical on all parts of system.
Having idealism of authority is insane. We need to take the scum at top of stew once n a while out the boat. Rothchilds n rockefella own all power near enough. World is in so much pain because of the scum at the top. Yet most just talk about symptoms not cause which is typical on all parts of system.
Time to renationalise our energy companies as a matter of National Security. The free market has failed the people!
True! When massive profit and greed overtake a basic provision, private ownership is totally inappropriate and frankly immoral.
Amen brother
What energy companies? The remaining few rely on offshore fuel resources
This won’t make any difference to imported resources, we should start exploiting our own oil in the North Sea and fracking (where it is supported), to reduce costs.
What difference will the make? You are dependent on energy imports. And prices on the international market is sky high. Try something different or rather traditional: coal! Which you actually have lots of in the ground you walk on.
£4200 is more than a quarter of our annual income! , how are we supposed to afford this? I heard a rumour that sunak was saying we can spend the savings built up from the pandemic, but we saw no savings we still had to go into work every day and without any help from the government. I can see people rioting in the streets before long.
Sunak lives on a different planet to the working class.
He knows zilch about running a house on a tight budget.
It is almost half mine, and what savings? the pandemic took care of that. They say fasting extends your life. Guess that I am about to find out...
I here you, same here✌👍
Low skilled workers dont need to have own apartment. A place to sleep is enough.
When it gets cold.
The only reason that strikes and protests are going off without violence is because of the warm weather... but when that is gone tempers will fray.
As one smart man called Sheldon Whitehouse once said, to understand who or what is causing something, all you need to do is "follow the money". It's the energy companies that are seeing up to 5x previous years profits. People need to understand this whole crisis is manufactured.
Keep following the money, it's the shareholders who are institutional investors. The other owners are Oil sheiks, Oligarchs and governments .. think of their share including licences to drill and the tax they collect. Yes, we are the gullible.
Is world's biggest transfer that's been happening for while
Yet Truss doesn't want to tax them WTH
This is legalised extortion.
You are right personally I think the poor are about to pay for new nuclear power stations so the government doesn't have to there has to be a reason
Funny how when the middle class start feeling it it becomes a problem just rember the poor have always felt this
I always say that. Specially when the working class have been saying wages have been kept low due to E U labour, middle class went nuts over it. Now they are feeling the pinch too 🤣 you wait till when they bring in Restrictions due to climate
The poor always struggle and are the minority at 15-20%. Nobody cares about them.
@@clarkhunt4014 Well- the middle class will still do better than the poor ..What point are you trying to make here?
Who is this mythical ‘middle class’? At £50k salary you lose all forms of state support, from child benefit to housing support and a whole lot more. Some middle income earners are worse off than the so called people on benefits.
@@jiksawo08 Totally agree.Basically is better to earn less then £50k ,as you will pay less tax and you will be still entitled for child benefit etc.
Channel 4 seems to be the only news channel that tells it as it is.
Tell it how it is, SpongeBob. No more baby stuff!
That's why the Tories want to destroy it
I'm shitting looking at energy bills, we all should stop paying altogether
@@geezalee1677 We should. Don't pay.
That's why the Tories want to sell it off
She's totally insane. Tax cuts won't affect the poorest in society in the slightest. My income is a 3rd of last year because everyone is terrified of spending any money but I still have all the business costs as I'm in a contract. The heating isn't going on much this year despite having kids but I am prepping now...it's like prepping for war. Savings will be used up by Christmas too.
We have to disconnect from world fed bank n create our own currently. If we don't pay a debt that has no value and don't we would be at war. Dollar wars.
I earn too little to pay any tax...So tax cuts won't help me heat or eat...
Truss is unwilling to use numbers to justify her totally flawed dogma drenched proposal. Why is she not using the windfall tax, that's what it is was invented for. Using one failed (reduce taxes fixes everything) dogma to fix another ( crumbling privatised utilities) will sound great to those card carrying party members on 5th September. . if she is voted inas leader by her party, she will totally change her tune or face civil unrest. Simple choices in my opinion.
@@charliebrandt2263 Exactly! And she knows this.
"Insane" isn't the word, "ignorant", "cold", and "incompetent" will likely fit the bill. It's such an endless trend in the Tory party.
"Slugfest" is the word. And like in France, it is now time to nationalize energy companies. There is no other alternative.
Government needs to stop standing charge increases in stupid privatised utility that they set up, so people have a chance of controlling their bills. Increasing the standing charge again is just plain evil.
5% increase in the EU , France is laughing at the UK , we get 55% increase they get 5%
Welcome to a Tory government. People will need to get used to it.
It's a bit of a complicated one. The energy supply companies who you and I buy from are actually in a pretty bad financial state and close to bankruptcy. They aren't the ones making the huge profits, that is the oil and gas producers. The standing charge is from your supplier
Agreed !! From 7p a day to 47p a day ,,,,What"s that all about !! Its time for even more greed i guess !!!! Time for the people to put their size 10 hobnail boots on and attack !!
rich people living in supposed '£400,000 houses unable to pay their utility bills ?
At what point do we start calling what oil companies are doing War Profiteering and not wind fall.
Did he say blackouts? In the second biggest economy in Europe? Is this the UK or Lebanon? This government is a DISGRACE!!!!
Yep. Inept.
Third biggest economy mate, after France.
No more cheep gas and oil from Russia. Russia is not your colony anymore.
As others have commented it’s the standing charges which turn a crisis into a disaster. cutting usage, hiding in bed and living in the dark not using a single watt of energy, and yet huge bills still pile up. The standing charge is supposed to cover billing and infrastructure costs so why are they increasing so massively when it’s the wholesale price of fuel which is supposedly the driving factor of the rises.
yes, something has to be done about the standing charge
Because they can.
@@jacwindsor5552 I heard the standing charge increase was to cover costs of the energy firms that have gone bust.
@@ep1929 ah yes it appears so, thanks I had forgotten about that, also a boat load if “green” levies. It truly is a murky area. The more one reads the more it looks like starts to look like taxation by stealth.
@@ep1929 they'll tell you anything to justify it...
They literally want people to suffer, while MP’s turn up the heating in there free house. WE NEED TO NATIONALIZES ENERGY AND RAIL.
Forget nationalising forget anything until you stop being led by the nose by the elite and their distraction arm called the media
I see the education system failed you as well.
@@jonathonhamilton3889 bot account beware
The French nationalised their main energy provider so they could control costs. Strong move
In Britain its all about profiteering regardless of who is thrown under the bus. Those individuals in government are just the same. Price hikes don't affect them, thus it's never a crisis to them. Any help they may ultimately give always has to be forced upon them. Its a callous system which privatised companies and the establishment profit from big time.
Only partly correct. What the French are doing differently is that they have embraced nuclear power, which supplies upwards of 70% of their national power needs.
I'm from Canada but just came back from a trip to Czech, Austria and the UK. The problem with the EU and UK is the incorrect drive for "renewable energy" at the expense of domestic gas production and nuclear, pumping TENS of billions of tax-dollar subsidies into building solar and wind farms and promoting their use as primary power supply. Solar and wind are fine to help backfill 20-30% of base power demands, but not as PRIMARY energy production. the UK is an island nation, the fact it is only getting 40% of its gas domestically is a shame. 60% reliance on imported gas is not helpful, and the only true green power source is modern, nuclear power---either thorium reactors or SMR (small modular reactor) technology. Brits might be in the poorhouse, but the Germans are likely to freeze this winter. Unfortunately, this problem for the entire EU/UK was self-inflicted, and is a result of not putting incentives in place to encourage long-term planning to increase supply over the past twenty years. Shame but politicians think short-term, and the populace is stupid, only demanding change when their pocketbook feels the pain.
The solution is increasing domestic gas production, and embracing modern nuclear power. Any other discussion of taxes or subsidizing the poor, will do nothing to increase the supply of energy, and is idle and meaningless talk.
@@contrarian604 shut up about nuclear. Just look at the bombed nuke plant in Ukraine! how about fukushima? still releasing radioactive water into the pacific ocean! Reaching American shores. those nuke power plants are disasters waiting to happen, whether it's manmade or natural disaster.
@@contrarian604 I agree with nearly all of your comments. As a Brit who has lived in Germany though, I can say that the majority of the British population are stupid. However, the Germans suffer from the opposite problem. They are often too smart for their own good. Prone to overly progressive thinking and intellectual arrogance. This can be seen when their politicians laughed at Trump when he told them to their faces they were too reliant on Russian gas, and their complete rejection of Nuclear power.
The French had always had a more ... left-wing taste.
There will be civilian unrest in the streets.
No there won't people will just accept what Is happening like they always do the public never stand up for themselves
Join enough is enough campaign
@@YA-hm5zy a campaign is just a distraction, and as always someone in it will be raking it
Are you inciting violence and vandalism? REPORTED 😡
enough.campaign.gov.uk
Paraphrasing: "Energy companies can extort you much more than they are; they plan to."
My heart goes out to all of my struggling UK family!
👏👏👍
Cheers
Tax cuts won't help the low paid, as they will already pay little tax. It will help middle and we'll paid people. Obviously the better paid you are more you'll benefit.
Yes and good. They pay the most tax so it time something was given back to them.
👏👏👏👍✌✋
@@pacman7959 give money to people that arent struggling? Instead of the ones skipping meals, going to food banks, going into debt, and unable to hear their homes? That is just cruel
I’m not paying that money. No effing way
Most of us can't.
just switch it off and find alternatives
I changed to Utility Warehouse, got my elec rates down for a year 20p night rate Economy 7
@@MrBoggins1234 rubbish, the majority are financially fine and can pay.
@@jacwindsor5552 Suggestions please.
Spending more than 10% of your income on energy used to be considered fuel poverty, so now someone earning £40k a year is in fuel poverty.... and that's above average so the average UK citizen is now in fuel poverty
I'm 50% on rent, 40% on fuel. Tories will just change the parameters and say nobody is in poverty.
@@gmac9667 That is a lie.
On a 2,100 pounds a month net wage, I save 1,500 every month, in London. You are making things up.
@@basilmagnanimous7011 I do wholeheartedly agree with you, Basil. Such a decent and common sense approach to this problem.
All the best my friend, good thoughts for you.
@@paulungureanu937 good for you, I'm not on 2100.
@@gmac9667 Having your own room at your parents means you pay ZERO pounds on rent. I would say, that is rather wise
#DontPayUK
Leveling up = making rich people richer
trickle down economics.
“Pensioners and low income households that I care most about.” Rishi is the funny guy that never realises how funny he is lol 😂
@@basilmagnanimous7011 I think Rishi knows the value of money more than Truss....
Up until about 11 years ago'Standing-Charges' didn't exist for gas and electric supplies; so why was it introduced?; they say that Standing-Charges' help cover the cost of maintaining the infrastructure etc, my counter argument is utility firms were maintaining infrastructure long before the Standing-Charge was introduced 11+ years ago, therefore it is not necessary as they were managing very well before. Lastly the green energy tax should be scraped from energy bills, or at least for the underprivileged, plus gas, electric, petrol, food, water, and beverages should be classified as essentials, not luxury items, thus should not be treated as commodities for investing in, this will reduce our bills further.
I agree with you here @FARTGHOST. Standing charges are just an excuse to charge us more for the energy companies to line thier own back pockets.
How can the uk cope with 32,000,000 elctectric vehicles if we can't even get through winter 2022 without rationing energy? Net zero... depopulation agenda.
You are absolutely correct that this politically correct head-long drive to electric cars and renewable energy is actually creating the problem.
I'm from Canada but just came back from a trip to Czech, Austria and the UK. The problem with the EU and UK is the incorrect drive for "renewable energy" at the expense of domestic gas production and nuclear, pumping TENS of billions of tax-dollar subsidies into building solar and wind farms and promoting their use as primary power supply. Solar and wind are fine to help backfill 20-30% of base power demands, but not as PRIMARY energy production. the UK is an island nation, the fact it is only getting 40% of its gas domestically is a shame. 60% reliance on imported gas is not helpful, and the only true green power source is modern, nuclear power---either thorium reactors or SMR (small modular reactor) technology. Brits might be in the poorhouse, but the Germans are likely to freeze this winter. Unfortunately, this problem for the entire EU/UK was self-inflicted, and is a result of not putting incentives in place to encourage long-term planning to increase supply over the past twenty years. Shame but politicians think short-term, and the populace is stupid, only demanding change when their pocketbook feels the pain.
The solution is increasing domestic gas production, and embracing modern nuclear power. Any other discussion of windfall profit taxes or subsidizing the poor, will do nothing to increase the supply of energy, and is idle and meaningless talk.
The UK exports coal, follow the money
I agree with many others that the standing charge should be dropped or set at a reasonable level and not allowed to be played with.
Standing charge should go
There's just no way to pay that bill 😭
best way to switch of the heating
Wake up. Your bill wont be that high.
@@Dynasty1818 It will mate. This just the beginning. We have no solutions and none on the horizon. This is the beginning of a great depression.
@@jacwindsor5552 and still having to pay the standing charge!
@@Dynasty1818 What are you smoking!
I've JUST been quoted (even though I'm £449 in the black with my supplier that the best option I have is a fixed rate (one year) that's 150% what I'm paying now, and I DO NOT use what I'm paying for now!!!!
I'm highly disabled with a neuropathic disease. Even in August I sleep under a duvet.. I am genuinely concerned about my energy bills. I rarely go out, about 3 times a year so was budgeting fine. Only buying basic food in preparation for winter.
thats fucking sad in a developed country. The welfare state needs to be expanded to support ordinary people
Same here mate feel ur pain I've several illnesses, can't get a dr never mind hosp appt and im stressed out and sick ✌
So sorry to hear about your battles. Really hope things improve in anyway possible for you
Why is no one addressing WHY the prices are going up all of a sudden? I want to know.
Well shutting down half the economy for the best part of two years and massive disruption to supply chains was always going to come back to bite!
It is called price gouging, a neat little trick to make loadsamoney. Well practiced in USA and a good example to us.
@@charliebrandt2263 Is this on the part of the wholesalers or the companies? Is this down to Russia?
Isn't it obvious.
Slava Ukraini
@@johncale1849 , oh dear, you have not been doing all your homework….
In the eyes of the hungry there is a growing wrath
Eat. The. Rich.
Eat. The. Rich.
EAT! THE! RICH!
The wrath of man never brings forward the righteousness of God.
@@ForHeShallSave teapot
@@slipperydouglas8263 Kettle)
@@ForHeShallSave both the books we've quoted are undeniably fiction but at least mines is relevant
Looks like the energy bills have definitely "leveled up"
It’s still grim up North lol
'No one was available'. Sure, they're all out to lunch.
And of course claimed back on expenses from the taxpayer
Or rimming Satan!
British workers need more graft.
@Dollie Because most British works are unbelievably more expensive.
In Essex I hire only Easterners, Europeans I mean, as they dont moan, and you end up paying them a third compared to ordinary British counterparts, total rip-off.
All this happened after Brexit!
@Dollie I wholeheartedly agree Dollie, I find your remark of a brazen common sense.
This is shocking. In Australia I’m on the highest tariff with air conditioning and heating when it’s below 20deg (that’s cold for me…), all electric appliances running all year and my bill only totalled $1652 Australian dollars £952 for the whole year / £80 a month. Your talking £350 a month!!! The equivalent of $600 a month, $7200 a year! How can you possibly afford that? For your leaders to do the absolute bare minimum is irresponsible. And the worst thing is this is not then end of the price rises for you. Shocking…
Yeah I don’t get this, we’re in Australia too. Big poorly insulated house in coldish city (Melbourne) and we spend $3k per year gas and electric. If it’s global markets controlling the price why is it less than half the price here? Strong $ and slightly warmer winters can only account for so much. Water bills are also much cheaper and we have much more drought conditions!
@@lightweightben it is because the gas shortage is geographically "in this neck of the woods".
With war raging in Ukraine and Russia cutting gas to certain local European countries - there is a gas shortfall across Europe.
This has created more demand from non Russian gas exporters - Norway, Algeria and other local countries are seeing massive demand for gas from Europe - supply & demand comes into play which forces the price up.
The price hike isn't just a UK thing, it's similar across Europe.
@@ep1929 yeah I understand that, but surely when the europe price goes up they will buy more Aussie LNG and the price here should increase (although I get delays due to contracts etc). Thing that doesn’t make much sense is the water bills - we pump water from the sea and use electricity to remove the salt and it’s still much cheaper than the UK! My Aussie pension fund is making heaps out of the U.K. water prices so please keep paying huge amounts though /s
I am sure there is a shock element to this created by the British media. I am in a one bedroomed flat and can't get out so electric light and gas heating is on a great deal. As a pensioner, I was given a £150 winter fuel allowance which I sent off to my supplier to set against my usage. I increased my monthly payments to £85 a month, and now I have nearly £200 credit. I know more increases are on the way but I do wonder where they get the £350 to £400 a month from. My neighbours next door are in a 3 bed semi-detached house which is poorly insolated and are pensioners too, they are paying £120 a month which is what their supplier told them and they now have a small credit. They should give an example rather than an "average" bill. If nothing else they should get rid of the standing charges and if only temporarily the "Green" surcharge.
@@lightweightben Where did you hear water is expensive? I pay £18 a month at the moment.
This is getting ridiculous, the energy prices will be like paying a mortgage.
Worse in many places.
Did you vote tory?
@@zog97xy I'm in Scotland we're still drumming them out. In 97 after the General Election there wasn't a single Tory MP left in Scotland. That's an amazing thing to watch. They've crept in a wee bit, but we see them off.
People need to stop voting Tory then. You get what you deserve 😌.
@@corryjookit7818 In UK men are cowards to get them out. I moved to Norway years ago when Cameron got in power.
I'm in a decent job on a decent wage, and I have disposable income each month.... but I'll be damned if I'm going to work just to exist while handing all of my disposable income over to energy companies to add to their record profits.
What’s your salary? I don’t think I’ll be feeling it . I earn £50k per annum
@SassySam in less than 6 months time I will have paid my remaining £40,000 mortgage debt off. It's been a 3 year struggle - cutting back here, cutting back there but boy, has it been worth it.
I've stockpiled 6 months supply of wood and coal for my fire, got solar on my roof & got loads of non perishable food stocked up.
All this preparation & I'm still anxious about the coming storm.
@@ep1929 Well done ! Your achievement is great. Please don't watch any of those American programmes about stock piling for a gathering storm, it's different over there. Their constant use of huge warehouses of cheaper goods and food aren't like here. We've also got to cope with the Brexit price increases that continue. The day will come when we must stand up to those in government who aren't doing enough for us all. Pfeifle Johnson has much to answer for. It was his ambition to become Prime Minister that set those Tories and other racists off on the BREXIT. I say let's tell him to undo it, and hand back the money he's got from the taxpayers.
@SassySam I think I’ll be fine. Mortgage is just under £600, car is around £400, council tax, water, gas/electric currently £450, even if it goes to £750 that’s a total of £1750 per month, groceries £100 quid a week = £400 that’s £2250 .. I’ll have about a grand spare per month..
My advice is to get a decent job and not waste money on alcohol and cigarettes. I don’t smoke and I don’t drink and that’s where my savings come from.
@@LogicPak Both myself and my husband earn more than that each, but that's not really the point
Level up all the profit’s for the big companies
This is mostly because the French energy sector is most under public ownership In France they how to do things better.
I'm glad the owners of these companies are giving each other millions on bonuses whilst we struggle for standard living. along as they are ok
Companies are vehicle to generate, protect and enhance profit, they are not charities.
We are sleepwalking into disaster. We have just got rid of an appalling PM and we are left with a bunch of hapless fools. Now, this! Ration Energy like food was rationed in WW2. Then at least everyone can share the discomfort.
May? That was a while ago.
If you mean Johnson, he ain't going nowhere when you look at who's going to replace him.
Doesn't matter who the conservatives vote for internally its going to be a public bloodbath.
And johnson will be stood there watching it all go down.
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In France electricity and gas bills are capped at 4%, in the UK energy bills will go up by 150%
The government should insist EDF have the same cap uk and France, EDF KNOW the French won't stand for it , but nothing less will do
yes, that ought to happen here. It is crazy
THAT GOES FOR INDUSTRY AND BUSINESSES TOO . SO THE FRENCH ECONOMY WILL BOOM WHILST THE BRITISH WILL BUST . VIVE LA FRANCE AND DAMN THE TORY GENOCIDE AND SLAUGHTER OF OUR ECONOMY .
We are spineless
Its all about profiteering. This country is not officially the 11th most corrupt country in the world for nothing.
The use of "Level-up" the country belies the fundamental un-seriousness of the Tory party and politics in general at the moment. Its an attempt to relate to the public using video game jargon, to communicate, in simple terms, the most appealing fiction about what they are currently doing or proposing. Almost everything out of the mouths of Government politicians is a formulated manipulation and its becoming almost unbearable.
If Russia cuts the gas taps to Europe this winter, which looks likely, then things could get very ugly indeed.
What do you mean if. It's already started.
Slava Ukraini
The UK gets only a very few percent of its gas from Russia. Yet the UK energy companies seem to act like 90% of it comes from there.
@@johnb6723
I think it's 5%.
how much of a crisis can this be, when corps and the upper class literaly swim in funds? the issue might be less lack of oil'n gas, and more a theft that has been going on for quite a long, long, long time. lords'n ladies bringing back oldschool wealth-gaps again...kinda expected. gonna get worse probably.
Born in 1942 we had no central heating. A coal fire in the living room when it was lit, it wasn’t until the early 1970’s that we had central heating. We managed before then and we will manage again !
Exactly, empires were built and managed before electricity and natural gas were discovered.
That’s how I grew up in the 70’s my mum would put logs of wood on her bike and we’d wheel it home to dry out
Why do they always use this impossible to understand number? I understand my cost as kwh? I have no idea how this number relates to my costs.
Basically, if you can't pay £4200, you die
You must be really stupid then.
Yep that would us waaay too much information. Time to put the government on the rack on this wonderful privatised utility market they created for us in the UK. Inept ideology, no vision.
I live in mainland EU, and there's been a small price increase but nowhere near this. Why is the UK different?
Because of one word, BREXIT!!!!
@@flyinghorse2739 it’s not brexit it’s mainly government inaction. We used call things like this war profiteering
@@flyinghorse2739 and because our energy is supplied by private companies profiting billions. We are the only country in Europe to have sold our public water.
It's our tory leadership. Unfortunately, they all seem to be born with the silver spoon in one's hand.. We're in even more trouble now Truss and Sunak are going for the prime ministers spot.. Many many people are going to be in a desperate situation if nothing is done. Its both disgraceful and mindless that the Tories have done almost nothing in this nightmare that's unfolding..
Which country in the EU do you live then? Because in all countries, Belgium, Germany, NL and so on they face similar price rises. Only in France it is a bit more meagre.
Wish they would talk about % rises rather than average bills. What's average and how does it relate to anyone who isn't average? Why can't they just say % increase compared to Jan 22?
I have solar panels on my roof, I live in a rural area in one of the cheapest parts of the county and yet our 'average' monthly bill is 20% higher than their stated national average. There is some serious juggling of the numbers going on here, we are all screwed.
50% at an absolute minimum.
You can work your own out. Unit price and standing charge then as opposed to now.
@@robmontier639
If you know the % to apply, which is the information missing.
I agree. I had to look up what the price increase per kWh really was.
The price of oil, per barrel, has tumbled over recent months, so WHY???
Oil isnt liquid gas....
Do you use oil to heat your home or for your lighting?
BF, my dear friend--are you an american? Oil is not used to generate power, but natGas is used for power generation. Oil can be transported around the world on tankers at low cost, but NG is a "gas" and must be compressed at high cost into a liquified state. These are two different markets. The price of gas in the unified EU market (which includes the UK) is a direct result of Russia reducing gas shipments by 80%, a direct result of sanctions from their invasion of Ukraine.
I'm from Canada but just came back from a trip to Czech, Austria and the UK. The problem with the EU and UK is the incorrect drive for "renewable energy" at the expense of domestic gas production and nuclear, pumping TENS of billions of tax-dollar subsidies into building solar and wind farms and promoting their use as primary power supply. Solar and wind are fine to help backfill 20-30% of base power demands, but not as PRIMARY energy production. the UK is an island nation, the fact it is only getting 40% of its gas domestically is a shame. 60% reliance on imported gas is not helpful, and the only true green power source is modern, nuclear power---either thorium reactors or SMR (small modular reactor) technology. Brits might be in the poorhouse, but the Germans are likely to freeze this winter. Unfortunately, this problem for the entire EU/UK was self-inflicted, and is a result of not putting incentives in place to encourage long-term planning to increase supply over the past twenty years.
Shame but politicians think short-term, and the populace is stupid, only demanding change when their pocketbook feels the pain.
The ultimate "green" solution is increasing domestic gas production, and embracing modern nuclear power. Any other discussion of taxes or subsidizing the poor, will do nothing to increase the supply of energy, and is idle and meaningless talk.
Standing charges are at 77p a day(I know this varies up and down the country). Across 30 million households over 1 year that comes to 8.4 billion pounds approx. This is what they take from people before any energy is taken.
What are they doing with all this money they take from us whether we use energy or not?
This is now a modern day famine...
We are already too many, on the same Earth surface...
Save over £150 per year by cancelling your BBC licence and use that money for energy
In 1997 Labour had a windfall tax on all the utility companies due to excessive profits at the moment we have no govt till a new PM is elected and massive rising profits from utility companies
Thats it I have to get this message out.......1 litre of diesel has 10 Kwh per litre (petrol 8Kwh)fact! At this price of £4200 means the Kwh is 80p per unit so thats a crazy £8 when you times the 10kwh that diesel offers....so it cheaper to have a petrol or diesel geny hooked up to your house....if you can afford it have car batteries the best option is 48 volts so 12v x 4 car batteries = 48v with a 240v invertor ....then spend £250 on Ebay for a 1kw wind turbine or photovoltaic panel and put that on your roof, then buy a MPPT convertor which controls the charging and direction of electric current etc....that will charge your 4 x 12v batteries during the day when your out...tell the electricity company to disconnect you and save £2000 on your first year. Its a no brainer....."I never lie but don't believe a word I tell you! Find out for yourself....
Amazing isn't it? And compared to the 1970's, almost all people have no fireplaces to use.
Absolute scandal when corporate greeds becomes rampage. Petrol, gas are mainly produced by a handful of companies. When public is paying extremely more, some other party on the other side is receiving, either by energy companies or prodcers, and all the middle men. Money or currency is flowing, it flows from one end to one end. Someone is benefiting extortionately from these massive price increase.
Government let people down again.
Dont trusth de Gouvernement
"Low income households that I care most about." Why aren't you honest and say that you care most about how to rip them off even more by moving the money deprived areas get back to areas that don't need it at all?
Anybody that lives in Britain I feel for yas and I certainly would not be paying. Poor people voting for people that clearly don't care for you divide and conquer the norm good luck to you all
Its not everybody in Britain that are this badly affected by energy prices. Many households are also installing solar panels now.
@@hansiesma16 IT LITERALLY IS EVERYBODY FUCKIN ELL.... GOOD JOB 3% OF THE POPULATION HAVE SOLAR!!! 😂
@@hansiesma16 solar panels take several years to pay off, and I doubt many households are doing that. Also a 5th of the population rent so it’s probably not an option for those people.
I remember freezing in the Socialist Union run days of the 1970s! Zero carbon will see people dying in thousands.
@@jdc4316 my council arranged solar for this local area. They asked all interested households to register their interest and then they invited national companies to put in bids for 30,000 households. The lowest bid would win the contract and attract more competitive quotes with the promise of 30,000 jobs on offer. With the cost of energy rising like it is, and solar getting cheaper over time, the costs no longer take many years to get your money back. If you own a home it is more of an investment than ever. My current energy bill is only £50 pcm. There is no way people similar to me in are going to be hit with these high bills the media is focussing on.
There are already solar panels going up left, right and centre on my road.
There is no most vulnerable. All poor households and those that are not so poor and those that are not so not so poor will be in trouble.
The weather is reducing the cap for fuel. The government should say that no one will go to prison for not paying their bills. And no one will be cut off.
They can't say that though, as the energy companies wouldn't allow that!
@@mitchhills4747 I know they won’t allow that. But the government can make any laws now. They could make any laws in the past. The problem is not the legislation which can be done in a day or two like Covid legislation. The problem is we have sociopaths and probably psychopaths in government. And we put them there! We can get them out.
Let’s all hit these giant energy companies where it hurts, in the pocket, everyone should stop paying there bills !
i already have for the last 6 months. got Debt Collectors after me now. i wish the entire country could just for once Unite on this one thing and refuse to conform... but we know that wont happen because everyone's a coward now.
no one cares.
look up parallel societies
@@AlphaJulietGolf i wish it was that simple, but i can't see it happening.
are you european?
@@AlphaJulietGolf live in london
Renationalise.
Compulsory state confiscation, for nothing. It's beyond protecting the stock market and the economy now - it's gone way passed that now.
Buy tent and sleeping bags for your living room
Got all these. Camping indoors is the way to go
#EnoughIsEnough
Every day the figure goes up from 4k to 5k and upwards, it might as well be millions because it’s just a number now, that nobody will be able to afford anyway
Beyond belief.The working classess need to decide to stand up to this.Im waiting for the screams, the shouts in fact just really anything from the Labour Party that I thought supported working people.
Blair saw an end to that. Now they're mostly just a directionless cluster of wokeness with a chronic leadership crisis.
Labour couldn't care less about the working class, they take the working class vote for granted and cosy up to ethnic minorities in order to shore up their voter numbers.
Ever wondered why Labour tried every trick in the book to cover up the grooming gang scandal?
Don't expect anything from that dolt "Sir" kier scammer...A "real" match for the Boris?
Did u vote labour at the last election?
@@jermainelong1843 did you vote corbyn
Central heating off, wood burners on as well as winter BBQs👍 sorted!
Winter BBQs great
The winter is going to be really hard
@@AlexStudio0610 yes
I never thought I'd see actual cause for revolt and revolution in Europe in my lifetime.
Edit: I said Europe, I should have said the UK
@Alexei Smirnoff Well said. All correct.
So glad that I have a childfree lifestyle. It is hard already but having loads of kids just makes things a whole lot worse.
Because you might be gay?
That's a 69% increase.
*Giggles quietly!*
Lol, Brits will jolly well put up with it as usual.
Just like they were brainwashed to accept whatever is imposed upon them.
Most Brits are naive, they will vote for Brexit, they will accept higher taxes, they will pay more on energy.
You simply have to show em the boogieman.
So food prices gone up and smaller sizes in shops; fuel up; council tax up; rents and mortgages up ;NI up; energy up! I fear many will lose houses or freeze or go hungry. Many forget singles! All going backwards. Will be difficult for those with credit cards and debts!
Yup as a single it's like being disenfranchised!! We're paying 75% council tax as well on our own. Plus im disabled and absolute jack been done for us either ✌
@@bereal6590 sorry to hear. Yes it is elderly and children and families...
@@sarahkennedy1481 thank u Sarah. You take care :)
I wouldn't be surprised about a strong rise in homelessness in the coming months.
Indigenous people will be homeless and their homes given to those arriving illegally in dingies.
@@samanthahardy9903 Don't start a hate campaign on here, and never start something out of your control,, as soon as it begins to spiral you'll be very sorry . Show me an INDIGENOUS PERSON LIVING IN THIS COUNTRY. What do you mean by that ? I want you to educate me about this.
@@samanthahardy9903 Always the same old blame game. Who are the indigenous people? WASP? This crisis is due to a number of economic factors, the most crucial one Brexit. The government is already in favour of deporting immigrants to Rwanda. At the same time "the indigenous people" you are referring to are to fine to accept the low wages for working on the fields. As long as immigrants are scategoats for everything, the world is still in order.
@@hannofranz7973 Agree with your sentiments but why do you blame Brexit the most? In terms of the prices shooting up this year it's surely Ukraine that tops the list
How is that a bad thing?
House prices will stop growing that fast. Fantastic news for youngsters like me who are in work and have been heavily saving for the past decade.
Time for homes to try to start generating their own energy. The cheapest way. Avoid the energy company scams.
Right and how do we do that? Solar panels take several years to pay off
what happens when you move? Needs a national solution, its possible, dogma and powerful conflicted interests that stop it.
@@MrBoggins1234 Generators can be moveable
Literally cannot bear to listen Boris Johnson's voice.
These greedy energy companies are having a knock on effect on other businesses too. The amount of fast food and restaurants closed down in my town is shocking. They arent making any money as people are cutting back that much that they cant afford treats/non essential things such as meals out etc and the cost of electricity in the running of the restaurants..so the hospitality sector can blame the greedy energy companies for putting them out of business
The ugly face of capitalism.
'Oven ready Brexit' is no longer available?😂
Keep the oven, shove the Brexit.
Russia did this.
We were told Russia stock price would plung
Have you checked the ruble which is Russia stock market.
I have seen it triple in value.
WHAT SANCTIONS ARE YOU SEEING.
Nobody cares about Russia, not even the Russians ...
Several years ago I was laughed at for becoming an off gridder, who's laughing now?
exactly. As a mimimalist, I feel the same. I don't have a car, central heating or kids, and huge savings already. We bought a small house, and already have had a windfall from the UK govt for having a tiny house. We aren;t at your level of course, but we are pretty much ok with less outgoings anyway
The media need to expose energy suppliers and publish what % the wholesale price of energy has increased so the public can see the extortion taking place. I bet energy suppliers are not paying 200% let alone 300%.
The media is on the side of the rich. It has no intention of telling the truth.
DONT PAY
The British public won't fight back against this so rip
Do u wanna bet?
@@wilmaflinstone7650 Course they wont.
@@wilmaflinstone7650 yep the energy bills already went up and nothing happened and you watch october when the energy bills rise by over 70% and watch everyone just complain whilst more of us go into poverty
Look at Sri Lanka recently; the people took direct action in a crisis.
@@wilmaflinstone7650 Brits are naive, they even voted for Brexit.
Aint difficult if you simply show em the boogieman.
This is a forecast .... it could be much higher. Imagine if the bills are more than people earn ? It could happen. Imagine a winter with no heating, no hot water and no hot food ? People will die in their homes and on the streets. Starvation and hyperthermia will overcome millions and poverty not seen in centuries will be the normal cityscape. Society will completely break down... no health service, no undertakers, just packs of ravenous dogs.
Well people who camp can cope.
I'm watching this whole thing from the sidelines... I live off the grid, so I heat my home with and cook using wood, and my electricity comes from a DIY solar array which cost me around £2000 in total to put together. I always have to ration my electricity, especially so in winter (unless I want to run the petrol fuelled generator, which I avoid doing) but I'm very happy not to have any monthly bills to pay. Frankly, if I lost my current living situation, I'd rather live in a tent in the woods than live on the grid in a flat, and that's been my stance for years now since long before these massive energy price hikes. But most Brits simply aren't built for that and cannot handle it, and the law doesn't really allow it.
It's interesting being a spectator to all this. On the one hand, I'm used to rationing energy and I think other people should be doing it too, on the other hand, there's a limit to that... It is strange seeing on grid electricity prices nudge up to being very close to what my off grid electricity costs me.
Fuckin ell mate bit far! 🤣
Okay enough news for you mr Grumble Woof
@@jacwindsor5552 You'll be fine you're not a parent.
Who for? When we all refuse to pay towards the enormous profits that energy companies are making it will be their loss. DONT PAY!
To the streets friends it is the only way left.
I love it when utility companies suck the living blood out the people. Please, make it hurt, and some extra
These utility companies made massive losses since the start of the pandemic until a few months ago and many of them went bust. In fact they subsidised us for using energy. Now they are making money, which pales in comparison to the losses they have made. But you have a rather short term memory don't you?
Shareholder ¿?
@@91Durktheturk shush muppet
@@suzyqualcast6269 No
@@saltney17 do you actually have anything substantial to say?
Think I will live in my immersion tank cupboard this winter. Sorted!
😂😂😂
It's time for a wealth cap of £2 million for candidates and elected officials for the role of elected councillors, MPs and elected Mayors.
Elected officials and politicians with wealth in excess of £2 million cannot easily understand the current issues facing the majority of their constituents lives.
Politicians and political oligarchs with wealth in excess of £100 million have as much in common with the majority of their constituents as Martians from Mars have with Humans on Earth.
2 million?? Mate be serious, I get £550 a month on disability benefits. People with 2 million in the bank have no idea how the poor live.
@@samn6498 I posted the £2 million wealth cap amount on another RUclips video and people there were complaining about £2 million including property, assets and wealth was an amount being far too low as the average house price in London is over £2 million.
The amount could be decided by a referendum.
As for disability benefits and social security benefits they should be all be doubled to reflect real terms cuts since May 2010 with additional cost of living payments for all on low incomes, state pensions and social security benefits.
Renationalise the energy sector.
The one very simple solution simply no one can mention. Let alone Keir Starmer’s Labour Party
Nationalisation is not a decent answer, but an ideological standpoint and mantra.
@@paulungureanu937 funny that you don’t explain why. Could it be an ideological opposition to public ownership?
@@paulungureanu937 funny that you don’t explain why. Almost as if you have an ideological opposition to public ownership?
@@MajorVanBloodnok I had the displeasure of being born in a socialist state. I know what nationalisation means. It is the opening door for the state to own more and more means of production, ultimately bringing misery, filth and ruin to millions of people. I refuse to think that most Brits would really contemplate such an outcome
@@paulungureanu937 what state? What form of ‘socialism’? Neither of which precludes the concept of people determining their own common interests, independent of your ideological, personal, or party political bullshit.
How am I meant to be able to afford to heat my swimming pool this winter!?
Lots of spicy food
Boil some rocks in water then throw them in
Pot noodles bad boy bombay
Use murdered puppy blood. You gotta be fancy!!!!
Pop the passion from Matt Hancock’s affair in there and the fevers from COVID.
I'm for rationing limited supplies of gas and electric if it means we don't have to pay these horrendous charges.
The country needs to stop paying the bills, its completely ridiculous to expect us to suffer whilst they take higher profits. Not to be dramatic, but this is exactly the reason why revolutions start
Please come join us in the year 2022 and think of something constructive to say. Or be quiet.
both Tories and Labour are offering no solution or actions on what they will do everyone is being left to suffer this autumn and winter struggling to not being able to pay bills and buy food while they are all uneffected
Maybe it's time to call for action?
Labour proposed taxing the energy companies profits. Tories did nothing. But keep blaming both and then voting for the Tories.
@@Visual_Ghoul and then sunak took the idea and taxed the companies more than labour were proposing. Rishi "i took funds from deprived urban areas and funnelled them into wealthy towns" sunak should not be outflanking labour from the left
Labour are not the sitting government, each time they come up logical solutions, the inept current government use it keeping them in power. Last example on this topic the windfall tax on oil and gas companies....
Expecting the current government to sort this mess out is against their free enterprise ideologies, even when it leads to failure and collapses.
@@MrBoggins1234 You need more energy, not more taxes. May I suggest coal?
Consumers around the world need to be united and stop buying energy from these greedy companies.
Pathetic.
House prices rise - everybody happy. Energy bills rise - beyond the pale.
Sorry, who is happy with house price rises? Apart from landlords, the scum of the earth?
@@charliebrandt2263 All of them?
Mum and Pop property empires will be happy.
@@charliebrandt2263 👏 landlords have ruined this country.. profiteering off a place to live is criminal
All they have to do is lower vat to 5% for a few years.. Not increase wages. Higher wages causes inflation. Reduced tax doesn't
That's completely wrong. Either way, it gives people more money chasing the same goods and services. But that's fine because this inflation we have hasn't been caused by higher wages, its because international gas prices are mind-blowingly high. So to maintain the living standards of their workers, employers MUST raise wages in line with inflation.
@@tdsok companies want to keep profit margins the same though regardless of the context, if wages rise companies will increase prices even though it’s not justified
@@tdsok OK Ed Sheeran.. Whatever you say 🙄
Not true. Wages need to catch up with inflation. Higher wages for the rich are ok but not for the rest. Private sector pay rises are at 8% so the public sector should have a fair deal too.
@@eightiesmusic1984 I do not agree, this is recipe for bankruptcy and only fuels inflation.
The UK has huge oil and gas reserves but has neglected to develop them. Now we pay the price.
Peak gas production has gone and there was never much oil. As far as I know all the Elf petrol stations have gone now., Now For Britain It's Elf. There's certainly none round here for miles.
My question is when will it go back down?
Electricity cuts mean no boiler means no heat.
@@phlegmony
In an igloo. Comfy.
We need to use wood now and use fire and cook are dinner.
Hmm, maybe getting rid of our gas storage and shutting down the coal power plants was a little hasty
Tilbury power station moved to sustainable wood - but couldn't meet emissions regulations.
@@robmontier639 outstanding. The clowns really are running the circus.