> Ofgem has confirmed that the energy price cap will be updated quarterly, rather than every six months, as it warned that customers face a “very challenging winter ahead”.
> …
> Brearley on Thursday defended the move, saying it would prevent the failure of more suppliers, the cost of which is indirectly passed to consumers. The National Audit Office has said the failures of 28 energy firms during the crisis will cost consumers £2.7bn.
How about, hypothetically, merging the suppliers into a single entity owned by the nation as a whole? Or, failing that, copying the Lebanese, Sri Lankans and Louis XVI, doing nothing until the majority of the public starts believing that the government lacks legitimacy and has to be replaced by force, because that couldn’t possibly make things worse.
You can rest assured that the cap will only ever go up and never ever go down.
What is the point in calling it a cap. It keeps fucking moving.
2030: Ofgem insists energy cap ‘still relevent’ after it moves to raising it on a daily basis.
>But equally when prices come down the price cap will come down equally quickly.
Let’s be honest, it’ll never fucking come down. Just like petrol prices. It’s always take take take.
The only reason it’s been reduced to 3 months is so the energy companies can fleece people more often.
> He also said Ofgem was looking at standing charges, the fixed fee for being connected to the grid regardless of how much energy is used. Users of prepayment meters, many of whom are described as more vulnerable by anti-poverty campaigners, pay particularly high standing charges, and the regulator has faced calls for months to take action to reduce the fixed costs.
This.
Fair enough that energy price goes up, but the fuck the delivery of it keeps going up as well? It’s the same gas/ electricity coming through the same pipes and wires yet somehow mysteriously it keeps getting more expensive too.
Nationalisation is required but sadly won’t happen anytime soon
Alternate headline: Ofgem now corrupt and paid off by energy companies.
Ofgem, a fucking joke in the industry, and increasingly out of it as well.
Might as well review the bastard every single day and let the energy companies take our pants all the way down.
Utterly disgraceful. Ofgem are not fit for purpose.
Thanks Ofgem! You get the toaster and I’ll run the bath.
Notice the scummy language used. Prices WILL go up. Savings CAN be passed on. Fuck off. Just fuck right off.
Cap needs to stop!
Form a national energy company who buy in bulk to help on prices and maybe have an means tested discount system for poorest offset by the richest.
13 comments
> Ofgem has confirmed that the energy price cap will be updated quarterly, rather than every six months, as it warned that customers face a “very challenging winter ahead”.
> …
> Brearley on Thursday defended the move, saying it would prevent the failure of more suppliers, the cost of which is indirectly passed to consumers. The National Audit Office has said the failures of 28 energy firms during the crisis will cost consumers £2.7bn.
How about, hypothetically, merging the suppliers into a single entity owned by the nation as a whole? Or, failing that, copying the Lebanese, Sri Lankans and Louis XVI, doing nothing until the majority of the public starts believing that the government lacks legitimacy and has to be replaced by force, because that couldn’t possibly make things worse.
You can rest assured that the cap will only ever go up and never ever go down.
What is the point in calling it a cap. It keeps fucking moving.
2030: Ofgem insists energy cap ‘still relevent’ after it moves to raising it on a daily basis.
>But equally when prices come down the price cap will come down equally quickly.
Let’s be honest, it’ll never fucking come down. Just like petrol prices. It’s always take take take.
The only reason it’s been reduced to 3 months is so the energy companies can fleece people more often.
> He also said Ofgem was looking at standing charges, the fixed fee for being connected to the grid regardless of how much energy is used. Users of prepayment meters, many of whom are described as more vulnerable by anti-poverty campaigners, pay particularly high standing charges, and the regulator has faced calls for months to take action to reduce the fixed costs.
This.
Fair enough that energy price goes up, but the fuck the delivery of it keeps going up as well? It’s the same gas/ electricity coming through the same pipes and wires yet somehow mysteriously it keeps getting more expensive too.
Nationalisation is required but sadly won’t happen anytime soon
Alternate headline: Ofgem now corrupt and paid off by energy companies.
Ofgem, a fucking joke in the industry, and increasingly out of it as well.
Might as well review the bastard every single day and let the energy companies take our pants all the way down.
Utterly disgraceful. Ofgem are not fit for purpose.
Thanks Ofgem! You get the toaster and I’ll run the bath.
Notice the scummy language used. Prices WILL go up. Savings CAN be passed on. Fuck off. Just fuck right off.
Cap needs to stop!
Form a national energy company who buy in bulk to help on prices and maybe have an means tested discount system for poorest offset by the richest.