Been wondering about this myself! I think the outlook means we now need to start agitating to make sure our politicians know and the power suppliers likewise.
3 months
They quick to put the prices up, but won’t be so quick to take them back down, greedy pigs
It’ll reach the energy providers alright but you’re optimistic if you think it’ll reach us.
Probably 3 months time. Cheap bills over the summer when you don’t need it
Up like a rocket, down like a feather.
The war profiteers won’t lower their prices this year.
13th of May 2023
3-6 months. Will be dependent on things like contracts. Probably summer time… the time we’ll need it least lol
About 6 months.
Companies charge what they can get away with. The price coming down will be gradual even if the cost coming down is pronounced
[deleted]
ha! no.
The wholesale electricity price is 5 times what it uses to be:
We can expect lower bills from Kaizen energy, Frontline Energy, Veolia energy etc this month, in February, and March.
9 months ish, as companies purchase energy in batches for many months in advance, I don’t expect it to see reducing until September or so.
I hope it happens earlier but I think it is unlikely.
The 30th of february
The price is still 400% up on what it was in 2021.
Martin Lewis has a good explanation of it on his latest money show on itv if you’re interested (it’s tailored for the UK market but the explanation still makes sense for us)
Energy suppliers buy a lot of gas in forward contracts and options and other complex derivatives, which are higher priced.
Some of short term action is based on gas storage being full, but the markets have doubts we’ll be able to fill it next winter.
Dont hold your breath..they’re a bunch of robbing cunts. And the government are a bunch of useless spineless pricks
How’s petrol doing. Seen the price went back up slightly recently
I’d imagine it’s like the fuel stations here in Estonia.
Crude goes up? Takes an hour for it to be processed and transported into every station in the country at a higher price.
Crude goes down? Well obviously it takes time to process the cheaper crude and sell it as fuel. And did you know that the oil price you see is actually futures, a month or two into the future? Oh and we bought several months reserve of fuel at its’ highest pricepoint.
Crude’s currently priced the same as what it was before the war, but we’re paying ~40% more for fuel.
Lol that’s the great part! It doesn’t.
They won’t.
This is planned to line up with standard European prices.
Shur half of the increase is due to the doubling of the standing charge.
When Hell freezes over
Never, obviously
Companies will use any excuses to… Um..
Profit as usual
We don’t buy our gas on the European market, we buy on the UK – Norwegian Market.
27 comments
Been wondering about this myself! I think the outlook means we now need to start agitating to make sure our politicians know and the power suppliers likewise.
3 months
They quick to put the prices up, but won’t be so quick to take them back down, greedy pigs
It’ll reach the energy providers alright but you’re optimistic if you think it’ll reach us.
Probably 3 months time. Cheap bills over the summer when you don’t need it
Up like a rocket, down like a feather.
The war profiteers won’t lower their prices this year.
13th of May 2023
3-6 months. Will be dependent on things like contracts. Probably summer time… the time we’ll need it least lol
About 6 months.
Companies charge what they can get away with. The price coming down will be gradual even if the cost coming down is pronounced
[deleted]
ha! no.
The wholesale electricity price is 5 times what it uses to be:
https://www.semopx.com/documents/general-publications/December-2022-Market-Report.pdf
We can expect lower bills from Kaizen energy, Frontline Energy, Veolia energy etc this month, in February, and March.
9 months ish, as companies purchase energy in batches for many months in advance, I don’t expect it to see reducing until September or so.
I hope it happens earlier but I think it is unlikely.
The 30th of february
The price is still 400% up on what it was in 2021.
Martin Lewis has a good explanation of it on his latest money show on itv if you’re interested (it’s tailored for the UK market but the explanation still makes sense for us)
Energy suppliers buy a lot of gas in forward contracts and options and other complex derivatives, which are higher priced.
Some of short term action is based on gas storage being full, but the markets have doubts we’ll be able to fill it next winter.
Dont hold your breath..they’re a bunch of robbing cunts. And the government are a bunch of useless spineless pricks
How’s petrol doing. Seen the price went back up slightly recently
I’d imagine it’s like the fuel stations here in Estonia.
Crude goes up? Takes an hour for it to be processed and transported into every station in the country at a higher price.
Crude goes down? Well obviously it takes time to process the cheaper crude and sell it as fuel. And did you know that the oil price you see is actually futures, a month or two into the future? Oh and we bought several months reserve of fuel at its’ highest pricepoint.
Crude’s currently priced the same as what it was before the war, but we’re paying ~40% more for fuel.
Lol that’s the great part! It doesn’t.
They won’t.
This is planned to line up with standard European prices.
Shur half of the increase is due to the doubling of the standing charge.
When Hell freezes over
Never, obviously
Companies will use any excuses to… Um..
Profit as usual
We don’t buy our gas on the European market, we buy on the UK – Norwegian Market.
Bad news, that market is at the highest it’s been in a year.
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/natural-gas/011023-norwegian-gas-supplies-to-europe-uk-hit-11-month-high-in-december