So £350 per month, based on the estimate of £4210. There will be *a lot* of people who can’t afford that and who get put on pre pay meters at even higher levels.
4 bastard grand? The government used to tell us they didn’t have a magic money tree, but they seem to think we all have one
tldr:
>Estimates of the UK energy price cap for households have broken through £4,000 ($4,860) for the first time, as the Bank of England warns that the nation is heading for more than a year of recession under the pressure of soaring inflation.
>
>
>
>The cap on default energy tariffs could jump as high as £4,210 a year in January, according to Investec Bank Plc, more than double the level now. The prediction will be grim reading for many families that are already struggling to pay record bills, and it’s not even cold yet.
These guys can all go and fuck themselves seven ways from Sunday. There will be a tipping point where people end up rioting in the streets. It’s just a case of “when” and not “if”.
I think I’ll have to go heating-free this winter, I’ll stay at work until late to utilize office heating & I’ll try to maximize my time out of the house in general!
More than double what it is now. Problem is the greedy bastard energy suppliers are constantly keeping their fixed rate offers ahead of these projections.
Right now I’m paying:
27.84p/kWh electricity
6.99p/kWh gas
And I can fix for:
67.41p/kWh electricity
19.60p/kWh gas
So 2.42 times more expensive for electricity, and 2.8 times more expensive for gas, even though these worst case estimates put the price cap at at 2.135x increase.
I’m lucky enough to have got a 20% payrise last month and by the end of the year it will mostly be eaten up by price increases.
How the fuck are people on low to average incomes going to cope?
Hahahaha I can’t afford any of this,fuck it I’m going to live in a forest
Time for our shit government to act. But they wont. Their mates are raking it in that is all they care about.
Last I checked in my region, the SW and other 2 Northern regions something like what was it, 50% had under £1k in savings in 2016/17? Likely worse under COVID and the initial hit of this. The sheer weight of poverty in the UK prior was pretty horrific, its going to be hitting insanity levels.
The thing that I’m confused about is that it just keeps going up, where does this end? 5k? 8k? There cannot be growth forever.
It’s not a price cap, that was the labour policy, this is the price target, which is the tory policy and it’s all about how much they can get away with.
About time we started taking to the streets.
There is one thing you can do that will eventually help. Support see deployment of solar and onshore wind in your area. Shout down the vocal NIMBYs that will inevitably say no one wants it. It’s literally the only way to mitigate our depedence on gas which is driving the high prices helping us to become more energy independent, with the advantage of producing relatively cheap electricity.
Anyone suggesting fracking can is delusional. It’ll take years to open wells, it’s dirty with a lot of leaking methane, and the has will just end up being traded on the open market anyway, not solving anything.
The biggest con is making all this seem immutable. Oh it’s just how the market works. Oh it’s nature really. Just think of the price cap like a benign bird caught on an updraught. Look at it go.
Philosophically, no matter what price the energy company places on their product if we cannot afford to pay for it, the product has no value.
As an aside, I live with my 80+ year old dad and 75 year old mum. Neither are ‘elderly’, but my Dad now begun to have mobility problems. We have ordered the sort of thermal underwear my great grandmother would have approvded of, bought some bodywarmers/gillet’s, fingerless gloves, thermos flasks so as to make hot drinks to keep warm, whilst not using the electic kettle, filling the freezer with homemade soups and other microwavable meals (microwave more economical than stove), hot water bottles and covers, got the old 1970s woollen blankets out of the loft to put on beds, made door draught excluders for all the doors, and are currently seriously discussing ripping out the old open fire place and replacing with a [multi fuel stove](https://chillipenguin.co.uk/chilli_products/fat-penguin-tall-order/) with a mini oven and stove top attached – we can then turn off the heating and keep one room warm – using that energy to make hot drinks, warm soup and make stews. How lucky we are cash poor (well no we arn’t now, but will be by this time next year) but resource rich. I have sympathy for those who are properly poor now AND resource poor.
This always gets explained as due to it being a global market. We’re wincing as a relatively rich country, who else is actually buying at this level to drive the price so high?
If I didn’t know any better I would suspect that the Torys are letting this happen because they don’t want to be in power anymore and deal with this.
They will do what they always do, let Labout get into power and start to fix things then in 8 years time once things are getting back to a better place they kick up their media machine, twist every little thing Labour has done into something negative and fool the idiotic British electorate into voting for them again.
i don’t think they understand when people say they physically **cannot** afford this. most of us working class people do not have any ‘savings’ we can dip into. **a lot** of us live paycheck to paycheck and that is barely enough right now, and the fact that it’s going to become so much worse is horrific.
This is so great. We’re all being driven into the ground by enormous energy bills. The energy distribution middle men – regardless of whether or not they should even exist – are making next to no profits.
Behind it all, the fossil corporations are raking in absolutely insane profits *and* destroying the ecosphere at the same time. And they’re absolutely totally get away with it because they’ve bought the right people, and those people are never going to struggle.
They say every nation is 3 missed meals in a row away from anarchy
Guess they really want to test that
I literally don’t know what to do. I can’t afford to pay it, our rental home is poorly (as in not at all) insulated and landlord won’t do anything about it. Last winter we were averaging over £250 a month for gas and electric, and that was with us making drastic cuts to usage; running the heating for an hour in the morning and half an hour before bed, reducing the frequency of showers, using the washing machine less etc. It’s going to be over £500 a month if we carry on with the same trajectory, it’s just insanity. Something has to give.
I sympathise deeply with those in an even worse state than myself.
For 4k I can *not* pay my energy bills for a year and get solar put on my roof and just fuck the energy companies off completely by going off grid. Cunts. This is ridiculous.
A manufactured crisis by big businesses across the globe with their slimey puppets dressed as governments happy to comply.
Dont assume I’m a communist (as a lot of people do whenever I bring this up) when I ask this but:
Is capitalism truly the way forward as the global economic system? – These past few years have truly shown the subterranean levels that the “private individual” will stoop to cater for their greed.
I’m a firm believer that utilities which are essential to a human being should NOT be privatised.
PS – F*ck the tories.
This fills me with so much dread. I cannot believe this is being allowed to happen, not to mention the rapid increase in interest rates, transport fares, rent, fuel and food prices, whilst wages remain stagnant.
What a flipping awful time to be alive.
Lol. Stopped paying it. Can’t afford it. They can go fuck themselves. I’d rather eat. And when they cut me off, I’ll just move back into my parents place, at 38 years old. It’s actually come to that. Fuck it.
hmmmmm.
1)Looks like we’re all joining the won’t pay movement now, not out of choice.
2)How will the companies even recoup the debts, you think a bailiff is going into an entire neighbourhood of people in debt and coming out unscathed.
3) the fucking gall of this.
4)will this finally push the british people to “enough is enough”
Cool. Sooo, how are we paying this? Cause everybody is already broke.
What’s the point in the price cap if they just keep raising it every 5 bloody minutes??
It’s like saying “I’m only going to have 1 pint tonight”. “Only 2”, “no more than 8, I swear!”
I’d get it if the energy companies weren’t recording any profits whatsoever. But when they’re posting record profits every quarter then get to fuck should the cap be going up.
Over the covid pandemic, the oil price went negative, this is just them recouping their money and seeing how far they can push us.
They keep claiming post pandemic demands…. but like… ok??? you were fine pre pandemic, what exactly has changed so badly…? Did you happen to lay off most of your staff and shut down a lot of plants by chance…
28 comments
So £350 per month, based on the estimate of £4210. There will be *a lot* of people who can’t afford that and who get put on pre pay meters at even higher levels.
4 bastard grand? The government used to tell us they didn’t have a magic money tree, but they seem to think we all have one
tldr:
>Estimates of the UK energy price cap for households have broken through £4,000 ($4,860) for the first time, as the Bank of England warns that the nation is heading for more than a year of recession under the pressure of soaring inflation.
>
>
>
>The cap on default energy tariffs could jump as high as £4,210 a year in January, according to Investec Bank Plc, more than double the level now. The prediction will be grim reading for many families that are already struggling to pay record bills, and it’s not even cold yet.
These guys can all go and fuck themselves seven ways from Sunday. There will be a tipping point where people end up rioting in the streets. It’s just a case of “when” and not “if”.
I think I’ll have to go heating-free this winter, I’ll stay at work until late to utilize office heating & I’ll try to maximize my time out of the house in general!
More than double what it is now. Problem is the greedy bastard energy suppliers are constantly keeping their fixed rate offers ahead of these projections.
Right now I’m paying:
27.84p/kWh electricity
6.99p/kWh gas
And I can fix for:
67.41p/kWh electricity
19.60p/kWh gas
So 2.42 times more expensive for electricity, and 2.8 times more expensive for gas, even though these worst case estimates put the price cap at at 2.135x increase.
I’m lucky enough to have got a 20% payrise last month and by the end of the year it will mostly be eaten up by price increases.
How the fuck are people on low to average incomes going to cope?
Hahahaha I can’t afford any of this,fuck it I’m going to live in a forest
Time for our shit government to act. But they wont. Their mates are raking it in that is all they care about.
Last I checked in my region, the SW and other 2 Northern regions something like what was it, 50% had under £1k in savings in 2016/17? Likely worse under COVID and the initial hit of this. The sheer weight of poverty in the UK prior was pretty horrific, its going to be hitting insanity levels.
The thing that I’m confused about is that it just keeps going up, where does this end? 5k? 8k? There cannot be growth forever.
It’s not a price cap, that was the labour policy, this is the price target, which is the tory policy and it’s all about how much they can get away with.
About time we started taking to the streets.
There is one thing you can do that will eventually help. Support see deployment of solar and onshore wind in your area. Shout down the vocal NIMBYs that will inevitably say no one wants it. It’s literally the only way to mitigate our depedence on gas which is driving the high prices helping us to become more energy independent, with the advantage of producing relatively cheap electricity.
Anyone suggesting fracking can is delusional. It’ll take years to open wells, it’s dirty with a lot of leaking methane, and the has will just end up being traded on the open market anyway, not solving anything.
The biggest con is making all this seem immutable. Oh it’s just how the market works. Oh it’s nature really. Just think of the price cap like a benign bird caught on an updraught. Look at it go.
Philosophically, no matter what price the energy company places on their product if we cannot afford to pay for it, the product has no value.
As an aside, I live with my 80+ year old dad and 75 year old mum. Neither are ‘elderly’, but my Dad now begun to have mobility problems. We have ordered the sort of thermal underwear my great grandmother would have approvded of, bought some bodywarmers/gillet’s, fingerless gloves, thermos flasks so as to make hot drinks to keep warm, whilst not using the electic kettle, filling the freezer with homemade soups and other microwavable meals (microwave more economical than stove), hot water bottles and covers, got the old 1970s woollen blankets out of the loft to put on beds, made door draught excluders for all the doors, and are currently seriously discussing ripping out the old open fire place and replacing with a [multi fuel stove](https://chillipenguin.co.uk/chilli_products/fat-penguin-tall-order/) with a mini oven and stove top attached – we can then turn off the heating and keep one room warm – using that energy to make hot drinks, warm soup and make stews. How lucky we are cash poor (well no we arn’t now, but will be by this time next year) but resource rich. I have sympathy for those who are properly poor now AND resource poor.
This always gets explained as due to it being a global market. We’re wincing as a relatively rich country, who else is actually buying at this level to drive the price so high?
If I didn’t know any better I would suspect that the Torys are letting this happen because they don’t want to be in power anymore and deal with this.
They will do what they always do, let Labout get into power and start to fix things then in 8 years time once things are getting back to a better place they kick up their media machine, twist every little thing Labour has done into something negative and fool the idiotic British electorate into voting for them again.
i don’t think they understand when people say they physically **cannot** afford this. most of us working class people do not have any ‘savings’ we can dip into. **a lot** of us live paycheck to paycheck and that is barely enough right now, and the fact that it’s going to become so much worse is horrific.
This is so great. We’re all being driven into the ground by enormous energy bills. The energy distribution middle men – regardless of whether or not they should even exist – are making next to no profits.
Behind it all, the fossil corporations are raking in absolutely insane profits *and* destroying the ecosphere at the same time. And they’re absolutely totally get away with it because they’ve bought the right people, and those people are never going to struggle.
They say every nation is 3 missed meals in a row away from anarchy
Guess they really want to test that
I literally don’t know what to do. I can’t afford to pay it, our rental home is poorly (as in not at all) insulated and landlord won’t do anything about it. Last winter we were averaging over £250 a month for gas and electric, and that was with us making drastic cuts to usage; running the heating for an hour in the morning and half an hour before bed, reducing the frequency of showers, using the washing machine less etc. It’s going to be over £500 a month if we carry on with the same trajectory, it’s just insanity. Something has to give.
I sympathise deeply with those in an even worse state than myself.
For 4k I can *not* pay my energy bills for a year and get solar put on my roof and just fuck the energy companies off completely by going off grid. Cunts. This is ridiculous.
A manufactured crisis by big businesses across the globe with their slimey puppets dressed as governments happy to comply.
Dont assume I’m a communist (as a lot of people do whenever I bring this up) when I ask this but:
Is capitalism truly the way forward as the global economic system? – These past few years have truly shown the subterranean levels that the “private individual” will stoop to cater for their greed.
I’m a firm believer that utilities which are essential to a human being should NOT be privatised.
PS – F*ck the tories.
This fills me with so much dread. I cannot believe this is being allowed to happen, not to mention the rapid increase in interest rates, transport fares, rent, fuel and food prices, whilst wages remain stagnant.
What a flipping awful time to be alive.
Lol. Stopped paying it. Can’t afford it. They can go fuck themselves. I’d rather eat. And when they cut me off, I’ll just move back into my parents place, at 38 years old. It’s actually come to that. Fuck it.
hmmmmm.
1)Looks like we’re all joining the won’t pay movement now, not out of choice.
2)How will the companies even recoup the debts, you think a bailiff is going into an entire neighbourhood of people in debt and coming out unscathed.
3) the fucking gall of this.
4)will this finally push the british people to “enough is enough”
Cool. Sooo, how are we paying this? Cause everybody is already broke.
What’s the point in the price cap if they just keep raising it every 5 bloody minutes??
It’s like saying “I’m only going to have 1 pint tonight”. “Only 2”, “no more than 8, I swear!”
I’d get it if the energy companies weren’t recording any profits whatsoever. But when they’re posting record profits every quarter then get to fuck should the cap be going up.
Over the covid pandemic, the oil price went negative, this is just them recouping their money and seeing how far they can push us.
They keep claiming post pandemic demands…. but like… ok??? you were fine pre pandemic, what exactly has changed so badly…? Did you happen to lay off most of your staff and shut down a lot of plants by chance…