Why are energy prices rising? - BBC News
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- Опубликовано: 10 сен 2024
- Global energy prices are surging around the world. From heating or cooling our homes, to cooking our food, and making the products we buy, energy is at the heart everything we do and when prices rise we all pay for it.
There are a number of reasons for the spike. We explore the reasons why, how long the cost crunch will last, and what's being done to ease the burden on everyday consumers.
The BBC's Aaron Heslehurst explains.
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The most impressive is that they come and say "we've had to raise our prices ". But they don't say the reason 🤬
because of the energy prices..
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Inflation
@@avarmauk Inflation is the effect of price rises, not the cause.
@@beikdw5762 yes. The cause can be many things. monetary expansion and supply chain disruptions are probably the major factors atm
Here in CA they are making us pay for their upgrades after the fires which were started by their faulty lines
Why is countrys in Europe pure freak showz?
Move out of cali while you still can
@Mr Teapot are you speaking English?
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Thats what socialism is about. Getting YOU to pay for their mistakes. Amazing how brits havent figured that out yet. Still addicted to their (supposedly) "free" healthcare lol
Energy companies are greedy and will look to maximize profits whenever possible. Claiming “supply chain issues” whether they’re actually affecting the companies or not is a way to drive profits up.
If energy companies are doing so well then how come so many are going bust?
@@sebastianguerre6868 Because simultaneously we’re moving away from fossil fuels and towards renewable energy sources. Even another reason for shady profits schemes.
@@sebastianguerre6868 Because they are not Big Six energy suppliers. The ones that go bust are just company's that purchase from the Big Six energy suppliers.
Why are energy prices rising? - BBC News
Answer: Because the average human is too stupid to practice CONSERVATION.
@@sebastianguerre6868 Who is getting the customers? The big players have puts smaller companies out of business. Some of these were buying co-operatives which were away of ensuring cheap fuel but their wholesale prices rose. Fuel is clearly getting more expensive in many countries but the reasons given in the video ain't the full picture in a balanced way. The financial projections for the big players are available on some professional sites and they don't expect to do badly for the next two years.
I don't know how much help this will be, but for those struggling for food, try the following:
1) Stock up on long life cupboard foods such as lentils, rice, pasta, etc. Buy in bulk and feed yourselves for ages
2) Try buying frozen veg, works out cheaper than fresh
3) Invest in a pressure cooker, and cook with it as often as possible. It uses less energy and also preserves nutrients. Pretty much anything goes, rice, vegetables etc
4) if you have many mouths to feed, try making soups every now and then, and add water to increase it if necessary.
Good luck and I hope you all stay well
Frozen vegetables require electricity. Dried food is way easier to store and keep from spoiling. Also, for flour, rice and pasta one should read about store conditions as they can be spoiled by insect, etc
Legumes are pretty reasonable choice
Prices are not raised by russia, nor russia has decreased or refused to increase the supply of gas. The EU and UK are selling gas at 10 times more price to there domestic consumers, that's not the problem of Russia.
You are accusing Russia that it does not want to supply gas ABOVE the agreements - but is only Russia supplies gas in the world?
The cheap one,- yes)))
@@FingerPrinces да у них сейчас газ в 7 раз дороже, чем у нас. брат живёт там, считали с ним по счётчикам.
What is it with the BBC presently with every news report carring a question mark, you're supposed to be reporting the news not asking us.
🙄
Sometimes people need to subconsciously ask themselves a question before they take enough interest in the matter to look for a possible answer.
1:10 There you go, my idiotic friend.
Beeb and the neocons have already done the damage.. all they need to do know is continue to divide and laugh at us...
When it comes to race or gender or viruses or climate change the BBC tell you what you must think. I think there should be more debate from both sides and every issue should be debated openly.
I stopped paying for electric. I cook with gas. I heat with firewood and I have 2 car batteries charged from my car to provide electric to small appliances and TV. I'm saving a fortune
Boris on his own creates enough wind power for the whole of England
Lol how??when he farts???
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Unfortunately that's where he talks from to .
.. Nothing to do woth russian gas...
But BBC will never talk about that
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Ms Smith does not tell that cheap Russian Gas was not being pumped into storage but was being reversed pumped to Ukraine to subsidize Ukraine against Russia. Hence Europe pays the bill now since there is no Gas in European storage now. And Russians would supply gas at the present market price only.
Good point.
Explsins why we are prepping a narrative for war against russia
Nonsense. F-off FSB
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I recon the economy collapsed in 2008 so a series of "crises" and "emergencies" will have to foot the bill.
Before this crisis we had 63 energy companies. We are now down to 27. There has been an enormous cost to the taxpayer, the cap will be lifted and the government was warned about this months ago. Brilliant time to be paying more tax and national insurance. The Incompetence this government has shown is astounding and the regulator allowing these business models to run unchecked is even worse. Now we will all suffer. This will not go away FYI. Long term power Contracts are already higher and being bought a year in advance meaning this is here to stay. Plus I'm not sure how much securing households who's providers went bust has cost the tax payer.
Nord stream 2 is a private investment collaboration between Germany and Russia, costing 10 billion to Germany with an energy input increase of 15% gas export to the continent, which is very needed for Germany and others. The U.S are sore because they wanted the monopoly of energy imports into Europe by charging higher prices and because Russian energy is cheaper, the U.S have sanctioned any company dealing with Russia in this sector and now threatening to shut down something they have not invested in or own because of their typical spiteful hegemony. This resulted in a shortage of energy on the continent, raising prices by energy companies and they are making a fortune at the expense of the consumer.
Well said.
That’s a load of crap, the US is struggling with domestic rising Gas prices too, and it’s causing problems politically in the US for the government
Most of US gas is sold in asia lol
America is the most spiteful nation if it doesn't get the money they will surely retaliate economically. In America money is God if you don't give it to them goodluck to your poor nation. Even Germany and France bows down to America.
@@bernardwarr4187 the US "establishment" dont give a damn about tge US "people".
The bbc presenter thinks hes hosting a game show. I have never heard or seen anything like it. I fully expected him to shout “ come on down “ any second. Does he think his audience is a bunch of 10 year olds? Extraordinary
the way he started my eyes went wide. :)) strange way of presenting news
@@evgeniam685 the BBC are strange
@@ep1929 here is smth more exciting and interesting to hear than on any News
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The reason prices are going up is because they can charge whatever they want and you will have to pay it.
Hahah
Looks like Russia put senctions on Europe, instead of America.
Some facts, Russia has a long term contract with fix price to supply Europe, even if the price go up the price in the contract is what they get. Russia did more than double the supply to Europe but they find out that the German were reselling it at currant expensive market prices to Poland an Ukraine. Putin didn't like that
Jesus that's a dirty maneuver. 😳
@@RatraceDave and even more dirty that the C l a installed a "puppet" president in Ukrainian in 2014..
Bbc and the MSM are mot telling the whole truth Bout this Russia thing.
Putin just as well make that money himself. Time for war.
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Thanks for inside info. Not surprised. West is greedy little ass.
I don't have a problem with energy companies rising prices (if linked to ability to pay such as Council Tax Band), what I do have a problem with is them making excessive profits and giving it away to shareholders with no accountability because of their monopolies. The realisation that all countries now have to have more robust energy security will mean that energy companies will have to invest more in infrastructure, storage and surge for winter months, so we don't get in the pickle we are at the moment and get the crazy future hedging that affects our bills for months even after the holdsale price of energy come down. We need to make sure we are building safeguards for the future to stop this happening ever again, and look at other elements as well - food secirty, water security etc. What we can't accept is the price shooting up everytime there is an international issue, and energy companies making excessive profits for their shareholders at the same time. Caps need to be placed on energy prices, profits to shareholders and make it so energy companies start investing more in making their infrastructure and storage more robust and enduring.
folks are suddenly surprised when capitalism doesn't create a charitable benevolent society
Well it's better than freezing and starving if we listened to rabid commies like yourself!
@@sarahirvine5802 nah
Both capitalism and communism suck because of how humans handle it
So these two are not a good option
.. This is more to do with geopolitics.. Russian gas and deep state intelligence games
UK is an undemocratic pyramid scheme with royalty at the top
They never lowered the prices a few years ago when wholesale prices of gas went down but eager to put up prices when gas price goes up an now gas prices has gone down a bit but they have not told us that but still want to fleece us out of money.
Thieves
Make the first 100kWhr free, paying for it by increasing the cost there after. This way you protect the poor, and encourage energy conservation for large users
So its Russia’s fault for “not selling you what you want..?”
And she forgot to mention the four LNG tankers that were on their way to Europe from America but got diverted to China because the Chinese offered the American LNG company a better price…!
They also did not mention that the Europe sold a greater portion of Europes gas reserves to Ukraine to prop up its bankrupt kackistocracy (corrupt government).
If you take anything the BBC say seriously you will be lost.
So the tankers from US broke contracts with Europe? Also why would China buy expensive US LNG when they can buy cheaper from the Yamal plant in Russia in which China also has a stake. Do not be naive and repeat propaganda.
I'm leaving the UK if this crap continues much longer guys
Hey my friend,
Money rise is almost in every European 🇪🇺 country.
@J Silva I'd move to Portugal. Cost of living isn't as ridiculous as it the UK.
Where are you going? Somewhere where the international energy price doesn't apply or somewhere where the pandemic hasn't affected the economy?
This is nuts!
The days have long gone when I believe anything the BBC says!
I take comfort that I can pay my energy bills with the tv license money I haven’t paid in years
Still puzzled. Nobody is suggesting that gas is suddenly more expensive to produce, so if no more gas is being produced who’s pocketing the mountains of additional cash?
the energy companies obviously?
You kinda needa drill new wells to produce more gas. While the production cost might not have changed much, no one is paying for the explorations, supply goes down. All the money went to "renewables". When renewables failed to do their job last summer, gas reserves were drained, demand for gas increases, price increases. Both dwindling supply and increasing demand drive the price to increase. Cost is irrelevant here. Even if gas producers are suddenly not greedy, governments will compete to pay more to secure more gas for themselves, driving gas price back to its "fair value" as determined by supply-demand.
@@deep.space.12 Thanks for that - I can see that your explanation accounts for much of what is happening however, a ten-fold increase in wholesale gas prices still seems extraordinary. Difficult not to imagine some exploitation of the circumstances you describe is going on alongside of it all.
@@colinwhite5355 Surely there will be exploitations, such as speculations in the futures market.
Wall of text incoming:
As electricity storage is still insignificant in our grid, electricity produced is consumed real-time, in factories and in households. Meaning the power produced must match exactly the power draw of all the devices we plug in to the grid. Otherwise the AC frequency will first drop. If the demand still can't be matched, then regional blackouts will be forced, then finally the entire grid will blackout. To match the load, you need spare generators, and the fuel to run them.
Do you recall a while back, when Texas's electricity grid blacked out? It took a few days to turn it back on. Remember that the load must always be balanced, so the grid can only switch on a small sector at a time, with the generators carefully matching the load, which is why recovery from a blackout is really difficult.
All these to say, utilities and governments are willing to pay a lot to avoid this from happening, because the cost otherwise is even greater. The jargon for this is inelastic demand. When the supply is squeezed, no one wants a blackout, price will skyrocket naturally. And whether legitimate protection or financial speculation, when market participants expect this to happen, that price will skyrocket, they will buy the gas before the other parties. Months into the future. Either to ensure their own supply, or for profit. I can't tell what the ratio is.
Maybe this can answer your question of who's profiting from this situation, and it's not necessarily the producers.
@@deep.space.12 Really interesting insight into the complexities involved in power generation and distribution - thank you. Can I also add how nice it is to exchange opinions with someone as polite, patient and knowledgeable as yourself. Best wishes from a far flung corner of the U.K.
Don't you just love picking either food or heat? It's the conservative way.
lol
I'm leaving the UK if labour are ever elected into office
Liberals are killing energy, tell me how conservatives made this happen ?
But Joe Biden isn't a conservative and they have exactly the same problem in the USA in fact their inflation rate is higher than ours at the moment.
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Sharpest Energy rise in Europe are in.. Britain.. EU nations are seeing lower rises capped to protect its citizens. Britain allowing a 50% increase due to Brexit giving the government free reign.
How can you cap the international price of energy? It's like trying to cap how much rain falls in a month. If the government subsidises energy then taxpayers will have to pay the difference. If the Tories made your energy bill £200 less every month they would have to send you a tax bill for £200 every month to pay for it.
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@@sebastianguerre6868 The Tories had 12 years to plan to have gas reserves, energy alternatives and renewables. In the end Britain's energy was mostly imported from mainland Europe, with no long term plan or strategy. So Brexit makes it several times worse without any cap.
@@utubebroadcaster They've done better than the Germans. The Germans are in a real mess.
@@sebastianguerre6868 When Britain lost 20% of GDP, double Germany then you'd expect more growth? If 1,000 people lose their jobs and 200 get their jobs, is it really 200+ or -800. Think.About.It
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To the point where I don't want gas, southern electric CEO happily has an indoor heated pool.
As if the pandemic hasn't already financially crippled us.
It's rather telling, cruel., frankly to the point I just don't want it.
Cancelling the BBC licence and watching non BBC catch up saves £159 a year.
Energy prices are rising because the majority of voters have choosen politicians who did not give a damn about energy supply and energy prices.
It’s planned, the great reset
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Yes, neofeuldalism
If people don't rise up in protest against this then this country is truly finished
Homes should be state owned energy thats one of things that shouldn't even be an issue.
Water and energy should be state own atleast for homes.
you suck
not even Jesus could love you
Stop thinking about it and do it - end yourself
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@@absurdemtiefer1950 ayo all he said was we need state owned energy, which would actually help in some regards, wether you agree or not is irrelevant, you can't tell them to kill themselves, and don't bring Jesus into this, there is no god for you, there is no happy life for you, I dont believe in god but I sure as hell hope you do because you can go to hell!
Coal Gas and then North Sea gas in the UK was as cheap as chips and fuelled millions of homes at a fair price. Privitisation and greedy shareholders killed affordable energy for all.
@HunterBidensCrackPipe evidently not the case. Look also at train prices as another example. Since gone private, our tickets are rocketing in price. Private companies are greedy.
@HunterBidensCrackPipe You're not just wrong, you are also defending private companies and their money-grabbing shareholders.
High energy costs are bad enough without annoying pointy news presenters
Man started off with ENERGY 😂⚡
My nickname for him is Mr Overenthusiastic.
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His style is like he is fighting with you
He is from WWE John Sina
@@internettroll1985 oh really?
“Supply chain issues” parroted by a lot of corporations these days to unnecessarily inflate prices to increase profit. Greed and political corruption is rife.
No carbon tax on luxury yachts and climate alarmists buying beachfront property?
Someone is having you on..
This is Tory propaganda, Brexit is to blame.
Yes the people of Japan and California and Australia are fuming at Boris Johnson for taking Britain out of the EU and driving up international energy prices. 🤣🤣🤣
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So why are energy prices going up in other countries ?
RECORD PROFITS BEING MADE AT OUR EXPENSE
The increases should not have taken place so very quickly & definitively not so steeply (GREED).
Why isn't Congress sounding the alarm about the unnecessary, extreme price hikes (GREED)? Who are the Congress members, state legislators & governors that are invested in these industries, especially in the ENERGY sector? Some politicians or their family members are on the boards of these companies that are price gouging and making huge record profits because of it & of course they're not tell the public about it; they'll just keep raking in the high dividends at our expense. Media doesn't seem to want to communicate these facts either, WHY NOT?
Let's CONSISTENTLY talking about BIG BUSINESS (big essential retail) & ENERGY COMPANIES' record profits during times of massive economic struggles for the MAJORITY population, but their CEOs are making millions in bonuses. Let's pay attention to these corporations' quarterly PROFITS going back to before pandemic to the beginning of 2022 & then beginning of 2022, every quarter for at least the next year; let's keep their RECORD PROFITS in the forefront of the consumers minds.
We guys always blame everything back happening to you. Russia is increasing their supply even you guys usually blame them.
Because the US would rather see Europe freeze rather than compete with a cheap Russian gas supplier.
Why always putting blame on China and Russia.. Should take a look at American energy traders who manipulate prices
Just to rip off the public
We keep getting told going green will save us money in long run......been told that for years. When does that kick in then FFS.
What is the problem with generating electricity from rain? A lot of fans can be installed as the rain falls everywhere. Fans can be placed on top of the house, in the field and in the sea. If the number of fans is increased, more power can be produced. If the generator is movable, it can be moved after the rainy season.
This presenter belongs on Fox News not the BBC. Find he really distracts from and cheapens the content.
Remember, they can't take everyone to court.
Just stop paying
I have one word that caused this whole problem: Germany....and no suprise they are now defending the problem
We’re using about same energy as a year ago so demand is roughly the same, production is about the same, and there’s much more renewables so should be more supply. It’s just the energy/gas/elec fat cats putting up prices to make more money. It’s just greed.
There's no wind to blow the useless wind turbines.
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@@Sabhail_ar_Alba lots of hot air and wind in Downing Street!
Take a look at how much of your energy bill is for the commodity and how much is taxes to govt. Same goes for fuel for vehicles. Now take a look at the handouts to corporates that are already making unprecedented profits whilst sitting on wages and paying very little in taxes themselves.
Also, most politicians even down to the local ones in towns all take kickbacks and benefits from promoting these corrupt corporate projects that end up being bailed out by taxpayers (so socialism, basically).
If you are still watching BBC content at this point, you are part of a cult about to get a rude awakening
Look on the bright side, The way it's going, nobody will be able to afford the BBC Licence FEE... And no Fee, no BBC. 😄
If you're regularly choosing between heating and eating... the TV licence fee is disgusting.
@@Anon-xd3cf Agreed, it is as outdated as the radio licence.
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That's what they have you believe. But they signed up to share revenue with the other advertising channels back around y2k so your licence fee and their advertising revenue gets shared. And when viewing the bbc from outside the UK you get all the adverts...bbc sponsored by British petroleum and the united Arab Emirates. Big oil own the bbc, not the licence payer.
But he’s putting up the National Insurance now
The people and the government of Europe should be ashamed of betraying the Iranian people
The problem is that the Europeans refused to purchase gas under long-term contracts. The Europeans demanded that natural gas prices be market prices, not contract prices. Here is the result. The Hungarians acted wisely and quickly agreed with Russia on gas supplies until 2036 at a fixed price. Why other European countries did not do the same is not clear. Probably pride does not allow or dependence on the United States. But Europe is good at speaking out against Russia and blaming it for all the problems of the world. Nobody wanted to offend. We are Russians, we speak the truth in person without hesitation, unlike tolerant Europeans.
Why is the government not capping energy profits? This would cure the problem overnight. They should also look at taking back the profits from the directors of the ones that declared bankruptcy.
Don’t fall into the pit of despair. Take your problems to God. He will lift you back up and strengthen you. He loves and cares for you always. 🙏
Is god going to heat my house and put food on the table? Keep your brain wash crap to your self!!!!
Who's the greatest beneficiary of rising fuel? It is Russia. The threat of sanctions is useless
Energy prices and CRUDE oil will keep soaring❕️
You can run your home with free gas and electricity so long as you haven't got a smart meter, that is what smart meters are about they control you, 😁😁😁😁
A: because Sunak has ruined our economy
investment in renewable energy is the usual reason for price increase! Or wholesale prices of gas !
Dr John Campbell debunks the lying BBC. 🥰👋
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Nurse, nurse Campbell! No medical qualifications just a phd in managing nurses!
If they provoke Russia then high price of gas will be common for Europe
We are in another form of 'Lockdown'. With the increase in costs for utilities, food, fuel etc, most people won't be able to afford the luxury of going out for meals, holidays or frivolous spending - this will have a repeat impact on the retail industry, global tourism and economy in general. It doesn't make sense to me? Will we also have a repeat of financial incentives - furlough etc? My fear is people will begin depending on credit cards and loans (if they aren't already).
In the Netherlands we already have the highest gas prices in the World. Now it costs more than 2 euro's/liter...
Yes I always make sure to fuel up in Belgium before I head up to NL
Putting the washing machine on and dishwasher on after 12am what a monster poor neighbours
Everyone in Englznd should boycott their Bill's for the next 2 months
Ok that explains gas prices what about petrol and Diesel...as far as I know OPEC and other oil producers haven't stopped pumping and shiping oil why has the price gone "bonkers"...the excuse used to be the driving season in North America that happens in summer...so it's winter??.🤔🇳🇿
Why is energy prices rising? True answer= Greed and Corruption
why bbc not working on extracting energy out of human waste?
Who is this presenter? Is this the shape of things to come at the BBC? God help us.
Energy prices increase in the West its not an increase everywhere
Energy companies increased their tarrifs 50% last year. If all workers demanded 50% payrise twice within 1 year society would collapse so why are these greedy energy companies allowed to charge rediculous ammounts of money. Council tax needs reforming too as kensington in chelsea pay £1313 in band D council and yet i live in Grimsby a very poor area in a band B property paying £1650 a year in council tax. Are poor areas subsidising millionaires in london?
Russia many times has said that it is ready to supply more gas to Europe if needed, however British politicians don’t want this to happen and employ BBC to make us all believe it. Fuel companies want to earn as much as they can and will spread any lies about shortages. Meanwhile The pipeline Nothern Stream 2 is there to provide it at a lower price bringing down costs for transportation. But who are the ones to never let it happen?
Why are energy prices rising?
because the middle class is too cowardly to tax the billionaires and continues to borrow from them.
So explain to me why my green renewable energy provider just put my electricity up by 40% if its all about gas
It's all about cashing in on greed. The energy firms made billions in profits.
Electricity cheaper after midnight. If they really wanted to help save the planet that’d be a compulsory rate from the suppliers. Why isn’t it?
I don't know what she is talking about. I don't have my heating on at all from April to September/October depending on weather. At the moment on Octopus energy and paying 60 a month. If I have to pay double that I will not put the heating on at all.
We need to get back out on the streets with this one, it's absolutely about greed, where was the planning for all this?
Supposedly,the 5th biggest economy(if you believe anything the Tories say) and our Govt.still has no energy plan.Remember Thatcher closing the coal mines……leaving us dependent upon Arab/oil, Russian/gas and French/China nuclear power stations (if they ever get built)……thank goodness we can rely on the EU to supply us with electricity through interconnecters.
Like housing, the sector is corrupt , and that corruption is maintained by those who benefit from the fraud.
So, no one said about sanctions Europe hit against Russia. I think that is reason number one. After this event prices got up to 4000$ for 1000 cubic meter of gas
It's called us as a people not allow this to happen and not accept the bad situation.
DO NOT except this situation
As far as the Russians are concerned, they say they are not releasing more Gas because there are no additional orders - therefore they are only sending what is on the contract..
Put it this way, it doesn't matter how much it costs to transition immediately from Fossil fuels, because if we don't do it now, the cost to the world would be unquantifiable , and into the quadrillions. It's not just financial think of half the coastal cities under water, where would they now live ?
Going green will make all of this way way worse
Look at company profits. If their profits have suffered, then yes, everyone is suffering. But if profit margins are high, then they are increasing prices just to make more money while we get screwed. Look at that. I spoke not only the truth but its so easy for everyone to understand. Funny how they didn't mention this. We should see if media gets money from big corporations....
62 trillion dollars would stop one in a thousand people dying every year because of climate change, according to above Marc Jacobson. The world's annual GDP is 127 trillion dollars, and the US defence budget is 778 billion dollars, 1.25% the amount that would 'transition all energy worldwide for all purposes' and 'eliminate global warming, air pollution... and provide energy security for decades and centuries to come'. Am I doing my maths wrong, or would 80 years' investment in energy instead of war in one nation elminate the problem ??
Inflation is really dumb right now. The higher the prices the less they will make because people can't afford it. That is why wood is selling out.
Open the Nord stream 2 pipeline, .....problem solved.
Here's a small part of the problem.
* British Gas made a profit of £1.3bn between January & June
* BP announced profits of £6.95 billion between April and June alone
* Shell has profited by £9.4bn in a year
The MEN at the top:
* John Pettigrew, boss of National Grid received £6.5m bonus on top of his salary
* Chris O’Shea, chief executive of British Gas owner Centrica was paid almost £2m last year in salary and benefits
* Centrica's non-executive directors were paid almost £1m
* Scottish Power's CEO Keith Anderson is on £1.15m.
* E.On boss Michael Lewis is on £1m
* EDF's Simone Rossi is also on £1m
* And their top execs enjoyed a share of £4.65m
* Peter Simpson of Anglian Water earned a £1.3m pay package
* Welsh Water bosses awarded themselves bonuses of over £930,000
* Severn Trent bosses awarded themselves bonuses of £5.56m
* Thames Water's Sarah Bentley, received a £727,000 bonus on top of her £2m annual salary
Meanwhile there are...
* People who haven't had breakfast and/or lunch TODAY, because they can't afford it.
* People using FoodBanks because food is becoming more of a luxury than a necessity.
* Children celebrating a birthday without presents.
* Parents worrying about new school uniforms - and some schools enforcing rules which are not cost-effective.
* People who can't get to work because they can't afford to put petrol in their cars/pay for public transport anymore.
* People who are working so much they're making themselves ill, and they STILL CAN'T AFFORD to pay their bills.
* People who have been given fines by these same energy/water companies because they couldn't afford to pay their bills in the first place - increasing their debt.
* Customers being told to do STAR JUMPS TO KEEP WARM for crying out loud!
* Hose pipe bans when gallons of water leak away everyday.
* Elderly people NOT DRINKING because they're worried about running out of water!!!
All this and energy prices are set to rise up to 75% in October...
THIS IS MADNESS!.. I'm all for supporting profits ..I'm not for supporting greed at the cost of lives of others..
Something needs to change..
Why are customers' money being used to make life more comfortable for those who are making life more intolerable for the rest of us?
I actually don't understand how the energy companies are allowed to get away with this and why the government aren't stopping them instead of handing out money...
Please pass it on
Good thing we don't need heating our homes in my tropical country.
ruclips.net/video/a-n7Q4p6mgQ/видео.html
Don't miss it..
Only Aircon.
@@luminousfractal420 True, true.
I have been saying to my partner for along time about the loss of revenue with the introduction of electrical cars etc. Why can't they just be honest for once. This is just to cover the loss of revenue in oil.
They continually feed us rubbish.
Jonathan Prigmore
You do realise, that prices won't go down?
We are all doing it hard but our governments are still taking pay rises
People should invest in a stove-top or electric pressure cooker to save energy.