Can’t wait to read about how it was the Tories fault that the price went up and how it isn’t their fault its gone down again.
I’ll believe it when I see it. I thought we were warned by energy bosses recently not to expect prices to go down.
Back up in November to squeeze the stone a bit more?
lol these unions might want to settle their beefs before the worldwide recession hits and inflation turns negative
Is there anyone here whose smart meter doesn’t state ‘weekly budget exceeded’ come mid week?
electricity in the uk costs more than anywhere else in the world, quite possibly because an unelected charletan who flaps his arms around like a blow-up man you find on dodgy used car lots in the states always sides with his little mates in energy firms
I pay extra for Eon Next, because it gets its energy from renewables. We don’t have gas where we live either.
When the wholesale price of gas went up, I understood why my bills went up as the price increase is getting spread across the customers.
What I don’t understand is how the price is dropping, but I’m still paying extra. I’m paying more money to use an energy source I don’t use, which now should be cheaper anyway?
It makes no sense.
I’ve been on a fixed rate since September 2021 so should be ending around when the price falls. Looks like I missed the energy crisis 😜
Wholesale price is back to its pre-war levels so why isn’t the cap dropping to the pre-war level?
What? I thought those greedy energy companies were charging us loads extra? Bills are dropping? What madness.
I really hate this game called capitalism. It’s even worse knowing there’s a better economic system that only the liberal class that controls our media really hates.
Don’t believe it for a second. People have paid the higher prices and the energy firms are announcing record breaking profits.
Why would they reduce the price when people are paying? Profit is everything and in a Tory ruled country its fair game for the rich and greedy.
My predicition is prices will continue to rise until the energy firms know the highest cut off price where the average person would be unable to pay.
I can’t help noticing that’s 6 fucking months away and in the middle of summer. When my heating bill doesn’t usually *fall*, it vanishes.
Anybody else got ovo energy? We got forced over from the sse takeover and were on quarterly. Now with ovo we are on basically monthly?
Every day ovo are putting our usage costs on the account and we are paying it every few days/weekly at max. Then at the end of the month they are generating a bill aswell. What we don’t understand is we are paying the usage constantly say £8 a day being added. Then they are also adding £180 ‘bill’ at the end of the month. What’s the bill if we are paying constantly keeping the balance on zero? Very confusing 😂 probably paying close to £400 a month in a 2 up 2 down 🤨
And as quickly as it came, the spook is over?
Spot market prices are already much more reasonable than last quarter.
I hope so, but let’s see how this plays out.
I fully expect energy companies to take this opportunity to keep prices high to pay for additional infrastructure.
If you have a nuclear power plant then you have to build a line of pylons etc to get the power out of the plant. This is understood.
However if you have numerous wind turbines and solar panel farms, you need a line of pylons for EACH location, this massively increases the cost of infrastructure, and that has to be paid for.
They can keep the prices high to pay for the infrastructure and point at Putin as the cause. It’s win win for them.
Wholesale prices have been dropping since the end of August. [Looking at historical data](https://tradingeconomics.com/commodity/uk-natural-gas) we can see a fairly stable price until March 2021, when it started shooting up. This gives lie to the rhetoric about it being the war in Ukraine that’s causing the price rises. It’s clearly causing *instability* what with the sharp peaks, but the general increase in prices happened almost a year before. Something else has caused it, but I can’t figure out what.
just in time for when we won’t don’t need the heating on
That’s great, but I won’t need to heat my home in July.
I’m still £500 in credit but I haven’t given them a metre reading since October and I’m dreading it
19 comments
Can’t wait to read about how it was the Tories fault that the price went up and how it isn’t their fault its gone down again.
I’ll believe it when I see it. I thought we were warned by energy bosses recently not to expect prices to go down.
Back up in November to squeeze the stone a bit more?
lol these unions might want to settle their beefs before the worldwide recession hits and inflation turns negative
Is there anyone here whose smart meter doesn’t state ‘weekly budget exceeded’ come mid week?
electricity in the uk costs more than anywhere else in the world, quite possibly because an unelected charletan who flaps his arms around like a blow-up man you find on dodgy used car lots in the states always sides with his little mates in energy firms
I pay extra for Eon Next, because it gets its energy from renewables. We don’t have gas where we live either.
When the wholesale price of gas went up, I understood why my bills went up as the price increase is getting spread across the customers.
What I don’t understand is how the price is dropping, but I’m still paying extra. I’m paying more money to use an energy source I don’t use, which now should be cheaper anyway?
It makes no sense.
I’ve been on a fixed rate since September 2021 so should be ending around when the price falls. Looks like I missed the energy crisis 😜
Wholesale price is back to its pre-war levels so why isn’t the cap dropping to the pre-war level?
What? I thought those greedy energy companies were charging us loads extra? Bills are dropping? What madness.
I really hate this game called capitalism. It’s even worse knowing there’s a better economic system that only the liberal class that controls our media really hates.
Don’t believe it for a second. People have paid the higher prices and the energy firms are announcing record breaking profits.
Why would they reduce the price when people are paying? Profit is everything and in a Tory ruled country its fair game for the rich and greedy.
My predicition is prices will continue to rise until the energy firms know the highest cut off price where the average person would be unable to pay.
I can’t help noticing that’s 6 fucking months away and in the middle of summer. When my heating bill doesn’t usually *fall*, it vanishes.
Anybody else got ovo energy? We got forced over from the sse takeover and were on quarterly. Now with ovo we are on basically monthly?
Every day ovo are putting our usage costs on the account and we are paying it every few days/weekly at max. Then at the end of the month they are generating a bill aswell. What we don’t understand is we are paying the usage constantly say £8 a day being added. Then they are also adding £180 ‘bill’ at the end of the month. What’s the bill if we are paying constantly keeping the balance on zero? Very confusing 😂 probably paying close to £400 a month in a 2 up 2 down 🤨
And as quickly as it came, the spook is over?
Spot market prices are already much more reasonable than last quarter.
I hope so, but let’s see how this plays out.
I fully expect energy companies to take this opportunity to keep prices high to pay for additional infrastructure.
If you have a nuclear power plant then you have to build a line of pylons etc to get the power out of the plant. This is understood.
However if you have numerous wind turbines and solar panel farms, you need a line of pylons for EACH location, this massively increases the cost of infrastructure, and that has to be paid for.
They can keep the prices high to pay for the infrastructure and point at Putin as the cause. It’s win win for them.
Wholesale prices have been dropping since the end of August. [Looking at historical data](https://tradingeconomics.com/commodity/uk-natural-gas) we can see a fairly stable price until March 2021, when it started shooting up. This gives lie to the rhetoric about it being the war in Ukraine that’s causing the price rises. It’s clearly causing *instability* what with the sharp peaks, but the general increase in prices happened almost a year before. Something else has caused it, but I can’t figure out what.
just in time for when we won’t don’t need the heating on
That’s great, but I won’t need to heat my home in July.
I’m still £500 in credit but I haven’t given them a metre reading since October and I’m dreading it