I mean at this point just let me know where to pay my salary to.
They can hit / don’t mean we’ll pay, think maybe it needs to get that bad for us all to stand together and simply refuse, works in France! They just usually manage to divide and conquer is- but not much division on us all agreeing this is insane/we can’t afford it!!
In terms of household day to day survival I would recommend more people focus specifically on the short term (3-6 months) without trying to look much further ahead.
As the article explains, this is still a ‘could’ rather than a ‘will’. Whereas the October price cap is borderline set in stone by now and you can plan for it a bit better. But looking ahead to what April’s price rise *could* be won’t do your wellbeing any good, doubly so as there’s no tangible benefit to doing so.
An economy, and life in general, is a matter of balance.
Just as communism failed because it was too extreme and lacked a grip on reality, we are now at a point at the other end of the scale where capitalism strangles the cow it intends to milk.
> Gas prices spiked again on Monday, August 15 and unless they drop in the coming months, average households could be facing a yearly energy expense of £4,650 from January and £5,456 from April.
This really is just a clickbaity article. The expected October price cap will be bad enough for a lot of people, and the Jan predictions from Cornwall Insights are worrying enough without having to look at the daily changes in one company’s estimates.
Fuck that. I will run up the debt as much as possible and I won’t pay. I have begun hiding my assets and ‘reassigning’ ownership so they have nothing to chase me for.
I know this will mess up my credit rating, but I am resigned to the fact that I will just not be able to afford to live with all the new price hikes on everything.
I will dodge the debt collection agencies and I won’t admit to the debt for 6 years. After 6 years it will fall off my credit file.
Not the best of ideas, but I’ve no choice. Impossible to pay the new prices when I can barely survive now.
Wasnt it meant to go down in april? At some point they must realise most of the population cant put £5k into energy
They’ll just have to jail me for non payment at least the electricity and heating isn’t chargeable there
Well the Tories are fucked. If it exceeds £5000 there will be outrage regardless of the protest bill. They need to step in soon else they’ll be kicked out
At this point I feel we could just run the same article weekly and add 500 quid on last weeks number.
They’re A/B testing what they can get away with. Newsflash: that ended a month or two ago. Now they’re gonna be going under or causing a benefits spike, alongside riots, I reckon.
Didn’t want to have to do this, but at this rate it’s literally cheaper for us to just pack up and move to the US.
Not ideal. But fuck this place.
Every week the amount goes up. Jokes
Can we just stop calling a price “cap” when clearly it’s not capped at all? At that point the only people not in fuel poverty have to be earning £55k
Might as well start living in a tent
Reach 5k? The fixed rates I’m being offered right now are £575 a month.
I predict that next week we will be told it will be £6k
Are they trying to see how much they can get away with charging before people start literally rioting and burning shit down?
Just fixed my family’s to £3500 with Utility Warehouse for 1 year. Wondering if maybe the better option would have been to get the 2 year fix with EDF at £4000
It’s like Covid numbers but with a £ sign
I think we will see an increase in multi generational households and lodging accommodations as living independently will be too expensive.
It’s over 9000
My flex tariff is currently at £2.7k py and it’s offering me a fixed tariff of £4.8k py. I can’t afford £400 pm just for electric. Just updated my meter reading and my credit dropped by £200 (it’s only be 35 days). I’m going to have to start turning some of my fuses off and buy a fire pit for outside.
It’s 2057. In post-collapse Britain, energy companies send out teams of elite, militarized debt collectors to force people to pay their bills. Those that can’t, or go on the run without paying, are eventually captured and forced to run on giant hamster wheels to produce enough electricity to cover their debt. Some people have to run for over 200 years.
Not having electricity is now illegal, as it’s against the law to deny yourself your own human rights. Those who go out to live in log cabins and warm themselves by stove fires are executed for crimes against themselves.
So we are just adding 1k to each prediction now,
Cool well i will predict 6.5k next april.
Im sorry but its getting to the point where these numbers are so absurd i literally can’t see how people are going to get through.
Is this a result of Brexit? Have we forfeited the ability to stop this sort of thing? It sure seems to be
I’m currently with Octopus Energy on the Flexible Avro tariff with the following prices:
Electricity: 28.01p per kWh
Electricity: 41.98p per day standing charge
Gas: 7.34p per kWh
Gas: 27.22p per day standing charge
I’ve no idea if these are prices are good or bad compared to other companies but if I was to switch from a flexible tariff to a 1 year Loyal Octopus 12M Fixed tariff, then the prices become:
Electricity: 67.89p per kWh
Electricity: 41.98p per day standing charge
Gas: 18.81p per kWh
Gas: 27.22p per day standing charge
The standing charges would remain the same but per unit prices increase by a LOT.
Electricity increases by 39.88p per kWh from 28.01p per kWh to 67.89p per kWh
Gas increases by 11.47p per kWh from 7.34p per kWh to 18.81p per kWh
I genuinely don’t know what to do.
I have a great idea, The Energy Loan.
£6000 at 82% APR spread over 15 years, total repayable £73,800
Everyone cancel direct debit, go on variable rate. If the energy companies no longer have that money rolling in every month they would change
burn down this shitty, tory Invented, rip off system and put Something workable in its place.
Can’t help thinking these shock figures are a desensitising tactic for a smaller but equally disgusting price hike.
Erm, so, seriously… what happens when you can’t pay? I can’t pay that and eat and pay rent. They can’t cut my electricity off can they? I have children and someone claiming PIP.
I’m calling bullshit.
1. people will reduce their energy consumption to reduce bills because wages can’t support this
2. energy companies will reduce prices because wages can’t support this. This isn’t a social/compasionate/moral decision by energy companies, but a financial one. If 30-40% of people default on their energy bills and just don’t pay because they can’t then energy companies are in trouble.
Can someone explain to me why we are having all these price rises?
Tory MPs invested in energy companies must be running their hands in glee at the prospect.
Lets save ourselves the bother of daily updates: “Bills to hit £10,000.”
There, now HMG, do something about it.
Yeah but imagine how much worse it would be under Labour 🤓
/S
Honestly, apart from rioting or mass civil unrest, is there anything we can all collectively do to try to force the government’s hand here. Is there a form of peaceful protest, whether it’s online or in person that will actually work?
Just pulling numbers out of their arse now. The upshot is that we are being royally screwed.
thank god the energy companies will take a hit on their profits to help out the average person……right guys?
Can’t pay that, not even going to try.
If it gets that high, it will either start killing people, or people who started selling candles during lockdown are about to be minted.
At those kind of prices, computer on? Nah. heating? Not a chance. Lights? Only when they are needed. And I bet the daily standing charge goes up with it.
They surely can’t expect us to pay these extortionate bills
It’s the effect on business especially small and medium ones that is really terrifying. No energy cap ‘protection’ + customers with much much less disposable cash. So many are going to go to the wall
Can’t pay, Won’t pay.
It’s a meaningless number. 5,500 or 5,500,000: I can’t afford it so it’s simply not going to happen. Not sure what they expect.
My current deal has just expired. The price has gone from £1000 a year to £4000. Shit
Really fucks me off that they give these figures based on ‘typical usage’ of x amount of gas and y amount of electricity. It’s utterly meaningless. I want to know what my cost is going to be at 100% electricity with less than typical usage.
Media should just list the fucking price per unit so we can use last year’s bills to budget.
At what point do they price themselves out of the market and start losing money? If people literally don’t have the money to pay for energy surely the companies start losing money, right? We can’t be too far off that point.
48 comments
I mean at this point just let me know where to pay my salary to.
They can hit / don’t mean we’ll pay, think maybe it needs to get that bad for us all to stand together and simply refuse, works in France! They just usually manage to divide and conquer is- but not much division on us all agreeing this is insane/we can’t afford it!!
In terms of household day to day survival I would recommend more people focus specifically on the short term (3-6 months) without trying to look much further ahead.
As the article explains, this is still a ‘could’ rather than a ‘will’. Whereas the October price cap is borderline set in stone by now and you can plan for it a bit better. But looking ahead to what April’s price rise *could* be won’t do your wellbeing any good, doubly so as there’s no tangible benefit to doing so.
An economy, and life in general, is a matter of balance.
Just as communism failed because it was too extreme and lacked a grip on reality, we are now at a point at the other end of the scale where capitalism strangles the cow it intends to milk.
> Gas prices spiked again on Monday, August 15 and unless they drop in the coming months, average households could be facing a yearly energy expense of £4,650 from January and £5,456 from April.
This really is just a clickbaity article. The expected October price cap will be bad enough for a lot of people, and the Jan predictions from Cornwall Insights are worrying enough without having to look at the daily changes in one company’s estimates.
Fuck that. I will run up the debt as much as possible and I won’t pay. I have begun hiding my assets and ‘reassigning’ ownership so they have nothing to chase me for.
I know this will mess up my credit rating, but I am resigned to the fact that I will just not be able to afford to live with all the new price hikes on everything.
I will dodge the debt collection agencies and I won’t admit to the debt for 6 years. After 6 years it will fall off my credit file.
Not the best of ideas, but I’ve no choice. Impossible to pay the new prices when I can barely survive now.
Wasnt it meant to go down in april? At some point they must realise most of the population cant put £5k into energy
They’ll just have to jail me for non payment at least the electricity and heating isn’t chargeable there
Well the Tories are fucked. If it exceeds £5000 there will be outrage regardless of the protest bill. They need to step in soon else they’ll be kicked out
At this point I feel we could just run the same article weekly and add 500 quid on last weeks number.
They’re A/B testing what they can get away with. Newsflash: that ended a month or two ago. Now they’re gonna be going under or causing a benefits spike, alongside riots, I reckon.
Didn’t want to have to do this, but at this rate it’s literally cheaper for us to just pack up and move to the US.
Not ideal. But fuck this place.
Every week the amount goes up. Jokes
Can we just stop calling a price “cap” when clearly it’s not capped at all? At that point the only people not in fuel poverty have to be earning £55k
Might as well start living in a tent
Reach 5k? The fixed rates I’m being offered right now are £575 a month.
I predict that next week we will be told it will be £6k
Are they trying to see how much they can get away with charging before people start literally rioting and burning shit down?
Just fixed my family’s to £3500 with Utility Warehouse for 1 year. Wondering if maybe the better option would have been to get the 2 year fix with EDF at £4000
It’s like Covid numbers but with a £ sign
I think we will see an increase in multi generational households and lodging accommodations as living independently will be too expensive.
It’s over 9000
My flex tariff is currently at £2.7k py and it’s offering me a fixed tariff of £4.8k py. I can’t afford £400 pm just for electric. Just updated my meter reading and my credit dropped by £200 (it’s only be 35 days). I’m going to have to start turning some of my fuses off and buy a fire pit for outside.
It’s 2057. In post-collapse Britain, energy companies send out teams of elite, militarized debt collectors to force people to pay their bills. Those that can’t, or go on the run without paying, are eventually captured and forced to run on giant hamster wheels to produce enough electricity to cover their debt. Some people have to run for over 200 years.
Not having electricity is now illegal, as it’s against the law to deny yourself your own human rights. Those who go out to live in log cabins and warm themselves by stove fires are executed for crimes against themselves.
So we are just adding 1k to each prediction now,
Cool well i will predict 6.5k next april.
Im sorry but its getting to the point where these numbers are so absurd i literally can’t see how people are going to get through.
Is this a result of Brexit? Have we forfeited the ability to stop this sort of thing? It sure seems to be
I’m currently with Octopus Energy on the Flexible Avro tariff with the following prices:
Electricity: 28.01p per kWh
Electricity: 41.98p per day standing charge
Gas: 7.34p per kWh
Gas: 27.22p per day standing charge
I’ve no idea if these are prices are good or bad compared to other companies but if I was to switch from a flexible tariff to a 1 year Loyal Octopus 12M Fixed tariff, then the prices become:
Electricity: 67.89p per kWh
Electricity: 41.98p per day standing charge
Gas: 18.81p per kWh
Gas: 27.22p per day standing charge
The standing charges would remain the same but per unit prices increase by a LOT.
Electricity increases by 39.88p per kWh from 28.01p per kWh to 67.89p per kWh
Gas increases by 11.47p per kWh from 7.34p per kWh to 18.81p per kWh
I genuinely don’t know what to do.
I have a great idea, The Energy Loan.
£6000 at 82% APR spread over 15 years, total repayable £73,800
Everyone cancel direct debit, go on variable rate. If the energy companies no longer have that money rolling in every month they would change
burn down this shitty, tory Invented, rip off system and put Something workable in its place.
Can’t help thinking these shock figures are a desensitising tactic for a smaller but equally disgusting price hike.
Erm, so, seriously… what happens when you can’t pay? I can’t pay that and eat and pay rent. They can’t cut my electricity off can they? I have children and someone claiming PIP.
I’m calling bullshit.
1. people will reduce their energy consumption to reduce bills because wages can’t support this
2. energy companies will reduce prices because wages can’t support this. This isn’t a social/compasionate/moral decision by energy companies, but a financial one. If 30-40% of people default on their energy bills and just don’t pay because they can’t then energy companies are in trouble.
Can someone explain to me why we are having all these price rises?
Tory MPs invested in energy companies must be running their hands in glee at the prospect.
Lets save ourselves the bother of daily updates: “Bills to hit £10,000.”
There, now HMG, do something about it.
Yeah but imagine how much worse it would be under Labour 🤓
/S
Honestly, apart from rioting or mass civil unrest, is there anything we can all collectively do to try to force the government’s hand here. Is there a form of peaceful protest, whether it’s online or in person that will actually work?
Just pulling numbers out of their arse now. The upshot is that we are being royally screwed.
thank god the energy companies will take a hit on their profits to help out the average person……right guys?
Can’t pay that, not even going to try.
If it gets that high, it will either start killing people, or people who started selling candles during lockdown are about to be minted.
At those kind of prices, computer on? Nah. heating? Not a chance. Lights? Only when they are needed. And I bet the daily standing charge goes up with it.
They surely can’t expect us to pay these extortionate bills
It’s the effect on business especially small and medium ones that is really terrifying. No energy cap ‘protection’ + customers with much much less disposable cash. So many are going to go to the wall
Can’t pay, Won’t pay.
It’s a meaningless number. 5,500 or 5,500,000: I can’t afford it so it’s simply not going to happen. Not sure what they expect.
My current deal has just expired. The price has gone from £1000 a year to £4000. Shit
Really fucks me off that they give these figures based on ‘typical usage’ of x amount of gas and y amount of electricity. It’s utterly meaningless. I want to know what my cost is going to be at 100% electricity with less than typical usage.
Media should just list the fucking price per unit so we can use last year’s bills to budget.
At what point do they price themselves out of the market and start losing money? If people literally don’t have the money to pay for energy surely the companies start losing money, right? We can’t be too far off that point.