UK energy price cap to rise 80% to £3,549 a year

12 comments
  1. Prices are expected to rise even further in January, over £5000 is expected.

    This is a reasonable indication of where we will see Irish prices going over the next year or so.

    A lot of people are in for a world of hurt. I don’t think it will be long until we see wide scale government intervention across Europe. This is likely to be a bail out of enormous proportions.

  2. Thankfully we are not anywhere near as reliant on Russian gas as the UK is, so hopefully we won’t get to that level of price rises.

  3. For anyone not aware, price cap doesn’t apply to us in the North, but we’re still affected and going to see 3 in 4 people here in fuel poverty this autumn/winter (that is spending more than 10% of our income on energy). It’s insane.

  4. I wonder how much fuel poverty and business closures a lot of EU countries(Germany in particular) will take before public/political support for the war in Ukraine starts to lessen.

  5. EDF a French publicly owned company.
    EDF one of the big 6 UK energy suppliers.
    Yet the French have capped rises at 4%, us in the UK – tough shit you’ll pay in blood basically.
    EON/nPower – German.
    EON/nPower – one of the big 6 UK energy suppliers.
    Of all the UK big 6, only 2 are British owned.

  6. What’s the story with the prices in the UK compared to here?

    Here, there hasn’t been much talk about more insane price rises coming down the line and they’re saying inflation could reach 18% in the UK in the next few months.

    Yet over here all we have heard for months is that things will be difficult but no idea on what that means.

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