UK Home energy prices

[I like neeps]

Another idea would to cover warehouse roofs in solar panels, the amount of available space huge and VARTs along the M'ways and dual carriageways. Even if it required grant assistance the payback in the long term would be very significant. I know Scotland is already self sufficient in renewables but we've barely begun to exploit our resources of wind, wave, tidal, hydro solar and geothermal. If Western Europe had got their act together they wouldn't need Russian oil.

Yeah, I'm getting really pissed off that we're paying through the nose for electricity based on the price of gas when most of our electric comes from renewables where costs haven't increased noticeably.

I think Kwarteng will change this fairly quickly when he becomes chancellor and unlink renewables pricing from gas prices. However, the Tories are quite anti renewable at the minute so a part of me worries they won't want to show people it's a cheap source of energy.

[Paddington Bear]

Another idea would to cover warehouse roofs in solar panels, the amount of available space huge and VARTs along the M'ways and dual carriageways. Even if it required grant assistance the payback in the long term would be very significant. I know Scotland is already self sufficient in renewables but we've barely begun to exploit our resources of wind, wave, tidal, hydro solar and geothermal. If Western Europe had got their act together they wouldn't need Russian oil.

Yeah, I'm getting really pissed off that we're paying through the nose for electricity based on the price of gas when most of our electric comes from renewables where costs haven't increased noticeably.

I think Kwarteng will change this fairly quickly when he becomes chancellor and unlink renewables pricing from gas prices. However, the Tories are quite anti renewable at the minute so a part of me worries they won't want to show people it's a cheap source of energy.

The Tories are pro whatever might win them the next election and so renewables it is

[GogLais]

Finally got round to checking something I should have known. Our elec consumption is fractionally less than the UK average - about 2,900 kWh/p.a. or 8kWH/day. That surprised me - low-watt bulbs and we don't use the elec oven that often. Just realised that short washing machine and dishwasher cycles clean just as well - we'll see what difference they make.
Gas consumption is well over UK average - not surprising in a way, at home most of the day in winter and Ms GL likes it hot. Not sure what I can do about that.

[dkm57]

Finally got round to checking something I should have known. Our elec consumption is fractionally less than the UK average - about 2,900 kWh/p.a. or 8kWH/day. That surprised me - low-watt bulbs and we don't use the elec oven that often. Just realised that short washing machine and dishwasher cycles clean just as well - we'll see what difference they make.
Gas consumption is well over UK average - not surprising in a way, at home most of the day in winter and Ms GL likes it hot. Not sure what I can do about that.

buy her a thermal onesie

[GogLais]

Finally got round to checking something I should have known. Our elec consumption is fractionally less than the UK average - about 2,900 kWh/p.a. or 8kWH/day. That surprised me - low-watt bulbs and we don't use the elec oven that often. Just realised that short washing machine and dishwasher cycles clean just as well - we'll see what difference they make.
Gas consumption is well over UK average - not surprising in a way, at home most of the day in winter and Ms GL likes it hot. Not sure what I can do about that.

buy her a thermal onesie

That’s the birthday present sorted then.

[I like neeps]

https://www.bbc.co.uk/news/business-626 ... ampaign=64

Predictably people are angry about this but this is what the entire country is going to have to do! The sooner the govt say it the better. I'd much rather sit in a pub with 4 layers on than the pub shuts down because of energy costs.

[Lobby]

Yeah, I'm getting really pissed off that we're paying through the nose for electricity based on the price of gas when most of our electric comes from renewables where costs haven't increased noticeably.

I think Kwarteng will change this fairly quickly when he becomes chancellor and unlink renewables pricing from gas prices. However, the Tories are quite anti renewable at the minute so a part of me worries they won't want to show people it's a cheap source of energy.

The Tories are pro whatever might win them the next election and so renewables it is

The Tories are trying to blame all our energy problems on the push for net zero, the renewables levies introduced by the last Labour Govt and opposition to fracking. They're more likely to agree to opening new coal mines, building new nuclear power stations, and removing regulations around fracking, than increasing renewables, especially as Dizzy Lizzy is in hock to the climate deniers and Brexiteers on the extreme right of the party.

Edited to add:

More evidence the Tories aren’t going to choose renewables any time soon.

“Solar farms are being refused planning permission in Great Britain at the highest rate in five years, analysis has found, with projects which would have cut £100m off annual electricity bills turned down in the past 18 months.”

https://www.theguardian.com/environment ... at-britain

[Biffer]

https://www.bbc.co.uk/news/business-626 ... ampaign=64

Predictably people are angry about this but this is what the entire country is going to have to do! The sooner the govt say it the better. I'd much rather sit in a pub with 4 layers on than the pub shuts down because of energy costs.

Speaking of which

https://www.theguardian.com/business/20 ... SApp_Other

[Insane_Homer]

[I like neeps]

I would recommend people start to think about buying a generator for the months ahead.

[Insane_Homer]

So anyone have any idea of setup/install costs for...

Heat Pump to replace boiler and disconnect gas
with enough Solar Panels & large enough Battery store to drive the heat pump for a 3 bed, 2 bathroom household?

I reckon a setup under £12k is worth it, just not sure how to spec it all and then there's labour cost.

https://www.zerohomebills.com/

fucking annoying that heat pump wasn't mentioned or offered as an option at all when we we replace our boiler last year :/

[TB63]

If you're going down the heat pump route, you'll need to factor in replacing all your radiators as well..

[Tichtheid]

I looked into heat pumps but our house isn’t suitable for them. :-(

My wife volunteers with a local charity which gives debt advice and help with benefit claims. They have had more than a 200% increase in enquiries for the last two months and that is before it all hits the fan.

She’s unsure as to how badly the charity will be hit with the increased bills, they survive by small margins as it is.

[GogLais]

I would recommend people start to think about buying a generator for the months ahead.

Do you not expect demand to plummet, or at least significantly reduce? It’s time for me to play the “I grew up in a draughty old farmhouse, stone floor, coal fire, ice on the inside of the bedroom windows” card. Did me no harm, well apart from the chilblains.

[Lobby]

So anyone have any idea of setup/install costs for...

Heat Pump to replace boiler and disconnect gas
with enough Solar Panels & large enough Battery store to drive the heat pump for a 3 bed, 2 bathroom household?

I reckon a setup under £12k is worth it, just not sure how to spec it all and then there's labour cost.

https://www.zerohomebills.com/

fucking annoying that heat pump wasn't mentioned or offered as an option at all when we we replace our boiler last year :/

I’m having solar panels installed soon. When the surveyor came round to check my house was suitable, and to determine how many panels could be fitted, he said quite a few people he visited were taking out loans to pay for installation, as they had calculated this would be better value for them than continuing to pay increasing electricity bills.

[I like neeps]

I would recommend people start to think about buying a generator for the months ahead.

Do you not expect demand to plummet, or at least significantly reduce? It’s time for me to play the “I grew up in a draughty old farmhouse, stone floor, coal fire, ice on the inside of the bedroom windows” card. Did me no harm, well apart from the chilblains.

I'm with you - I grew up wearing four layers and having two duvets in winter. Suffered from chillblains (I have Reynauds as well) and once a chillblain became an abscess - couldn't play rugby for a month whilst it healed meaning I missed a regional trial.

Yes, I expect demand to plummet. But Norway are talking about limiting exports, we have virtually no energy storage and our incoming PM seems hell-bent on pissing off Europe. Finland are preparing for rolling blackouts and they barely use gas (5% of energy grids). I think a £400 generator is a smart investment in this circumstance.

[dpedin]

I would recommend people start to think about buying a generator for the months ahead.

Do you not expect demand to plummet, or at least significantly reduce? It’s time for me to play the “I grew up in a draughty old farmhouse, stone floor, coal fire, ice on the inside of the bedroom windows” card. Did me no harm, well apart from the chilblains.

I'm with you - I grew up wearing four layers and having two duvets in winter. Suffered from chillblains (I have Reynauds as well) and once a chillblain became an abscess - couldn't play rugby for a month whilst it healed meaning I missed a regional trial.

Yes, I expect demand to plummet. But Norway are talking about limiting exports, we have virtually no energy storage and our incoming PM seems hell-bent on pissing off Europe. Finland are preparing for rolling blackouts and they barely use gas (5% of energy grids). I think a £400 generator is a smart investment in this circumstance.

Cold is fine unless you're a pensioner, disabled and rely on power for your care, a young baby, live in north of Scotland where temps are well below UK average, etc. Apart from families going cold and folk dying the big problem is going to be companies going bust as costs rise, domestic demand for goods and services plummet and discretionary spending falls off a cliff. There is already a significant slowdown and this will accelerate as folk cant pay power bills and stop spending as a response. We are heading for a huge recession and dangerous times indeed.

[I like neeps]

Do you not expect demand to plummet, or at least significantly reduce? It’s time for me to play the “I grew up in a draughty old farmhouse, stone floor, coal fire, ice on the inside of the bedroom windows” card. Did me no harm, well apart from the chilblains.

I'm with you - I grew up wearing four layers and having two duvets in winter. Suffered from chillblains (I have Reynauds as well) and once a chillblain became an abscess - couldn't play rugby for a month whilst it healed meaning I missed a regional trial.

Yes, I expect demand to plummet. But Norway are talking about limiting exports, we have virtually no energy storage and our incoming PM seems hell-bent on pissing off Europe. Finland are preparing for rolling blackouts and they barely use gas (5% of energy grids). I think a £400 generator is a smart investment in this circumstance.

Cold is fine unless you're a pensioner, disabled and rely on power for your care, a young baby, live in north of Scotland where temps are well below UK average, etc. Apart from families going cold and folk dying the big problem is going to be companies going bust as costs rise, domestic demand for goods and services plummet and discretionary spending falls off a cliff. There is already a significant slowdown and this will accelerate as folk cant pay power bills and stop spending as a response. We are heading for a huge recession and dangerous times indeed.

You're speaking to someone who grew up in Banchory and Monifieth. I am aware of winters in the north of Scotland.

I agree times are going to be extremely hard for vulnerable people. Which is why not vulnerable people have to step up and put on a jumpers.

I also agree this is going to be far worse economically than the GFC or covid.

[tabascoboy]

I would recommend people start to think about buying a generator for the months ahead.

Not really practical for me, just have to consider keeping store of frozen food to a minimum in case of sustained outages and if it's cold enough then stuff for the fridge can sit in boxes outside! Otherwise it's candles and cold food...have to hope for a very windy winter but not so stormy that the wind blades have to be locked down.

Generator maybe essential for those with medical needs such as dialysis of course.

Last winter kept gas usage very low but it was a mild winter, even so often wore 4/5 layers daytime and used 2 duvets at night. There's only so much you can do indoors to stay warm so maybe have to try and keep active outside if possible. No fireplace in the house so that option's closed. Admittedly expectations of how warm a house should be are very different now to in the past but I'd like to try and keep the coldest rooms above 10C - and others above 15C most of the day which hasn't been possible even before all this...

[Biffer]

I live in a flat, so generator / renewables install not an option. If the folk above and below me keep their heating on that'll be good . I'm comfortable so won't be put into trouble by this, but still looking at whether or not I need to get the boiler on for hot water every day and how long I put the heating on for. I'm lucky in that I'm only on £80 a month for electric and gas combined, and that's still more than I use tbh, so even it tripling wouldn't burst the bank. I appreciate I'm in a pretty unique situation though.

Also considering power cut options. Looking for a couple of decent battery reading lamps and some power banks for tablets, phones etc. Does any one have any experience of the ethanol fires you can buy?

[petej]

So anyone have any idea of setup/install costs for...

Heat Pump to replace boiler and disconnect gas
with enough Solar Panels & large enough Battery store to drive the heat pump for a 3 bed, 2 bathroom household?

I reckon a setup under £12k is worth it, just not sure how to spec it all and then there's labour cost.

https://www.zerohomebills.com/

fucking annoying that heat pump wasn't mentioned or offered as an option at all when we we replace our boiler last year

I have a 5.7 solar set up and 11kw battery. Grid usage is about 15% of my electricity per annum. Can't see that being below 12k. Battery prices increased between 18 and 21. The airsource heatpump quote I got last year was 14k. I needed 3 replacement radiators and a hot water tank so that is included in the quote. House is a 4 bed detached.

[C T]

I'm looking for someone to educate me, to offset the lazyiess of not educating myself. That's what forums are for right?

Why has the wholesale price gone up? Well, actually I guess the question is more why are we so accepting of the supply/demand reason?

So I've made up an example. I sell thingymcbobs for £10, this gives me a decent lifestyle covering my needs. Something happens in supply/demand of thingymcbobs so I can now sell them for £20.

I can double my profits, as a general rule of thumb that would be seen as a good thing. I now earn more than I need, but still. I don't have to, but I can raise the price to £20. Perhaps you could say it's sensible for me to, to safeguard against a future change in thingymcbobs which might mean I can only sell them for £5.

My accepted lack of knowledge thinking is that the wholesalers don't have to raise the price per barrel, but they can and we all accept it because of supply and demand. It isn't costing them more to produce the barrel, or is it? Their skyrocketing profits seem to indicate it isn't, or at least not to the extent that the price has gone up by.

Couldn't more pressure be put on wholesalers to keep their profits sensible and the price per barrel down?

[tabascoboy]

Well given past form the suppliers ( specifically suppliers, not generators) will push up their tariffs to the max allowed even though the price cap is supposed to be a ceiling, not a setting that must be applied and followed...

[Biffer]

I'm looking for someone to educate me, to offset the lazyiess of not educating myself. That's what forums are for right?

Why has the wholesale price gone up? Well, actually I guess the question is more why are we so accepting of the supply/demand reason?

So I've made up an example. I sell thingymcbobs for £10, this gives me a decent lifestyle covering my needs. Something happens in supply/demand of thingymcbobs so I can now sell them for £20.

I can double my profits, as a general rule of thumb that would be seen as a good thing. I now earn more than I need, but still. I don't have to, but I can raise the price to £20. Perhaps you could say it's sensible for me to, to safeguard against a future change in thingymcbobs which might mean I can only sell them for £5.

My accepted lack of knowledge thinking is that the wholesalers don't have to raise the price per barrel, but they can and we all accept it because of supply and demand. It isn't costing them more to produce the barrel, or is it? Their skyrocketing profits seem to indicate it isn't, or at least not to the extent that the price has gone up by.

Couldn't more pressure be put on wholesalers to keep their profits sensible and the price per barrel down?

In a genuine free market, there'd be no barrier to someone else selling a thingymcbob as well, preventing you from raising prices too much. If you then arranged with them to fix the price so you could both profit, and sell at a higher price, that'd be a cartel and you'd be open to being undercut by someone else. But similarly if there's oversupply, people can leave that market and not sell them. That, in very simple terms is market efficiency - supply and demand work against each other to find the most efficient price point.

But there's a fundamental problem with that kind of model in relation to something like energy (or water). the most efficient point leaves some people unable to buy your thingymcbob as they'd need it priced lower to an extent which would mean you'd make less overall profit. But we all need electricity so no one can be excluded from the market. So heavy regulation is needed to make a market in essential services viable. Unfortunately our regulation is far too light, with far too much emphasis on a free market (and that's across Europe, not the UK). There's no price control, so nothing to stop it being unaffordable when a marginal situation (in economic terms) is reached.

[tabascoboy]

I'm looking for someone to educate me, to offset the lazyiess of not educating myself. That's what forums are for right?

Why has the wholesale price gone up? Well, actually I guess the question is more why are we so accepting of the supply/demand reason?

So I've made up an example. I sell thingymcbobs for £10, this gives me a decent lifestyle covering my needs. Something happens in supply/demand of thingymcbobs so I can now sell them for £20.

I can double my profits, as a general rule of thumb that would be seen as a good thing. I now earn more than I need, but still. I don't have to, but I can raise the price to £20. Perhaps you could say it's sensible for me to, to safeguard against a future change in thingymcbobs which might mean I can only sell them for £5.

My accepted lack of knowledge thinking is that the wholesalers don't have to raise the price per barrel, but they can and we all accept it because of supply and demand. It isn't costing them more to produce the barrel, or is it? Their skyrocketing profits seem to indicate it isn't, or at least not to the extent that the price has gone up by.

Couldn't more pressure be put on wholesalers to keep their profits sensible and the price per barrel down?

In a genuine free market, there'd be no barrier to someone else selling a thingymcbob as well, preventing you from raising prices too much. If you then arranged with them to fix the price so you could both profit, and sell at a higher price, that'd be a cartel and you'd be open to being undercut by someone else. But similarly if there's oversupply, people can leave that market and not sell them. That, in very simple terms is market efficiency - supply and demand work against each other to find the most efficient price point.

But there's a fundamental problem with that kind of model in relation to something like energy (or water). the most efficient point leaves some people unable to buy your thingymcbob as they'd need it priced lower to an extent which would mean you'd make less overall profit. But we all need electricity so no one can be excluded from the market. So heavy regulation is needed to make a market in essential services viable. Unfortunately our regulation is far too light, with far too much emphasis on a free market (and that's across Europe, not the UK). There's no price control, so nothing to stop it being unaffordable when a marginal situation (in economic terms) is reached.

And the unspoken policy appears to be as long as shareholders are well remunerated, all is good ( and yes I'm aware of Private Pension funds holdings).

[Biffer]

I'm looking for someone to educate me, to offset the lazyiess of not educating myself. That's what forums are for right?

Why has the wholesale price gone up? Well, actually I guess the question is more why are we so accepting of the supply/demand reason?

So I've made up an example. I sell thingymcbobs for £10, this gives me a decent lifestyle covering my needs. Something happens in supply/demand of thingymcbobs so I can now sell them for £20.

I can double my profits, as a general rule of thumb that would be seen as a good thing. I now earn more than I need, but still. I don't have to, but I can raise the price to £20. Perhaps you could say it's sensible for me to, to safeguard against a future change in thingymcbobs which might mean I can only sell them for £5.

My accepted lack of knowledge thinking is that the wholesalers don't have to raise the price per barrel, but they can and we all accept it because of supply and demand. It isn't costing them more to produce the barrel, or is it? Their skyrocketing profits seem to indicate it isn't, or at least not to the extent that the price has gone up by.

Couldn't more pressure be put on wholesalers to keep their profits sensible and the price per barrel down?

In a genuine free market, there'd be no barrier to someone else selling a thingymcbob as well, preventing you from raising prices too much. If you then arranged with them to fix the price so you could both profit, and sell at a higher price, that'd be a cartel and you'd be open to being undercut by someone else. But similarly if there's oversupply, people can leave that market and not sell them. That, in very simple terms is market efficiency - supply and demand work against each other to find the most efficient price point.

But there's a fundamental problem with that kind of model in relation to something like energy (or water). the most efficient point leaves some people unable to buy your thingymcbob as they'd need it priced lower to an extent which would mean you'd make less overall profit. But we all need electricity so no one can be excluded from the market. So heavy regulation is needed to make a market in essential services viable. Unfortunately our regulation is far too light, with far too much emphasis on a free market (and that's across Europe, not the UK). There's no price control, so nothing to stop it being unaffordable when a marginal situation (in economic terms) is reached.

And the unspoken policy appears to be as long as shareholders are well remunerated, all is good ( and yes I'm aware of Private Pension funds holdings).

Partly. Although you have to understand that there are significant numbers of politicians and economists who genuinely believe that creating wealth is a fundamental good, and that it benefits society as a whole on the gross or macro level. It's an honest and genuine belief that it's the best way for society to progress, hard as that is to believe when you hold the opposing view. We can debate why they believe that until the cows come home but it's not a fair interpretation to say that all of them are venal, corrupt and in the pocket of industry. That's not to say that some of them aren't of course.

[Insane_Homer]

The cunt who has us pay to heat his stables says it's our fault.

[robmatic]

The cunt who has us pay to heat his stables says it's our fault.

He is a hypocritical cunt but he's not entirely wrong?

[Margin__Walker]

I can imagine some difficult conversations happening up and down the country with elderly relatives this winter. Both my grandmother and my wife's kept flats/houses that were absolute saunas in their later years. Terrifying what that would cost this winter.

[I like neeps]

I can imagine some difficult conversations happening up and down the country with elderly relatives this winter. Both my grandmother and my wife's kept flats/houses that were absolute saunas in their later years. Terrifying what that would cost this winter.

Private homes are one thing but what about carehomes? They're always teetering on the brink as is.

Unfortunately, there's going to be a lot of deaths this winter.

[Margin__Walker]

I can imagine some difficult conversations happening up and down the country with elderly relatives this winter. Both my grandmother and my wife's kept flats/houses that were absolute saunas in their later years. Terrifying what that would cost this winter.

Private homes are one thing but what about carehomes? They're always teetering on the brink as is.

Unfortunately, there's going to be a lot of deaths this winter.

Oh yeah, for sure. I'm not talking about the life (and business) threatening impact for people pushed into real fuel poverty, which is clearly the largest issue.

It's more the recalibration for others about what is a sustainable level of heating to run

[Glaston]

Number of active US drilling rigs for both oil and gas fracking is up a lot.
Baker Hughes number are up 50% on last year.

The American frackers must be pretty happy, 3 years ago many were struggling.


Hope the UK Govt put a freeze on the Coal generators that are scheduled to close in the coming 18 months.
Greenpeace already whinging about that possibility.






Turned off my hot water over the summer and likely not putting it on much for the winter. Realised I was really only using it for washing dishes and its actually cheaper to use the kettle.
Will be shutting up rooms that I dont use, which will be a pain as the window ledges were perfect for overwintering my peppers/chillis.
Aiming to reduce my power use by 15% or more this coming year, weather permitting


Was looking at buying one of these https://eu.ecoflow.com/products/delta-p ... er-station, the price has gone up by more £400 in the last month LOL


Found the hot water bottle!!!

[tabascoboy]

I'm at the lower end of gas and electricity usage and best estimates so far seem to be a combined bill of around £2 500 which is not far off triple this time last year thanks to being on a favourable fixed rate for gas until Mar 2022. That's not great but manageable. Details of the rises will I hope be revealed soon, it's not just the kW/h rate but the inevitable standing charge increase which can negate any small savings by reducing usage. Try to keep use of the electric oven and hobs to a minimum already as it's expensive for a single person's meal - so that means more use of the microwave and foods to have that don't need cooking/warming - while trying to keep meals healthy. Oh what fun.

And of course it leaves the distinct possibility of blackouts. You have to wonder if it wouldn't be better just to leave the country for the extended winter period!

[Blackmac]

I'm looking for someone to educate me, to offset the lazyiess of not educating myself. That's what forums are for right?

Why has the wholesale price gone up? Well, actually I guess the question is more why are we so accepting of the supply/demand reason?

So I've made up an example. I sell thingymcbobs for £10, this gives me a decent lifestyle covering my needs. Something happens in supply/demand of thingymcbobs so I can now sell them for £20.

I can double my profits, as a general rule of thumb that would be seen as a good thing. I now earn more than I need, but still. I don't have to, but I can raise the price to £20. Perhaps you could say it's sensible for me to, to safeguard against a future change in thingymcbobs which might mean I can only sell them for £5.

My accepted lack of knowledge thinking is that the wholesalers don't have to raise the price per barrel, but they can and we all accept it because of supply and demand. It isn't costing them more to produce the barrel, or is it? Their skyrocketing profits seem to indicate it isn't, or at least not to the extent that the price has gone up by.

Couldn't more pressure be put on wholesalers to keep their profits sensible and the price per barrel down?

One thing I noticed when they showed the wholesale gas price chart was two significant peaks just after the Ukrainian invasion and another one that started about a month ago. In between it looked like the prices returned almost to pre crisis level. I can only think our problems are caused by the fact we have Europes lowest gas storage facilities. Chalk up another fuck up to the tories.

[fishfoodie]

Number of active US drilling rigs for both oil and gas fracking is up a lot.
Baker Hughes number are up 50% on last year.

The American frackers must be pretty happy, 3 years ago many were struggling.


Hope the UK Govt put a freeze on the Coal generators that are scheduled to close in the coming 18 months.
Greenpeace already whinging about that possibility.






Turned off my hot water over the summer and likely not putting it on much for the winter. Realised I was really only using it for washing dishes and its actually cheaper to use the kettle.
Will be shutting up rooms that I dont use, which will be a pain as the window ledges were perfect for overwintering my peppers/chillis.
Aiming to reduce my power use by 15% or more this coming year, weather permitting


Was looking at buying one of these https://eu.ecoflow.com/products/delta-p ... er-station, the price has gone up by more £400 in the last month LOL


Found the hot water bottle!!!

Better splash out on second one if you don't want the missus to claim it & leave you with the cold side of the bed

[tabascoboy]

British Gas new cap rates

Current rate (until 30th September) ▶ New rate (from 1st October)
Gas standing charge 27.220p ▶ 28.485p
Gas unit rate 7.480p ▶ 14.758p

[Raggs]

British Gas new cap rates

Current rate (until 30th September) ▶ New rate (from 1st October)
Gas standing charge 27.220p ▶ 28.485p
Gas unit rate 7.480p ▶ 14.758p

That unit rate is insane!

[Biffer]

Try looking at the electricity unit rate.

OVO energy per unit electricity rising from 28p / kWh to 52p / kWh

[I like neeps]

This is pretty disgusting. If you have the chance to go to your favourite pub this weekend I would. Good chance it won't be there this time next year.

[GogLais]

I'm with you - I grew up wearing four layers and having two duvets in winter. Suffered from chillblains (I have Reynauds as well) and once a chillblain became an abscess - couldn't play rugby for a month whilst it healed meaning I missed a regional trial.

Yes, I expect demand to plummet. But Norway are talking about limiting exports, we have virtually no energy storage and our incoming PM seems hell-bent on pissing off Europe. Finland are preparing for rolling blackouts and they barely use gas (5% of energy grids). I think a £400 generator is a smart investment in this circumstance.

Cold is fine unless you're a pensioner, disabled and rely on power for your care, a young baby, live in north of Scotland where temps are well below UK average, etc. Apart from families going cold and folk dying the big problem is going to be companies going bust as costs rise, domestic demand for goods and services plummet and discretionary spending falls off a cliff. There is already a significant slowdown and this will accelerate as folk cant pay power bills and stop spending as a response. We are heading for a huge recession and dangerous times indeed.

You're speaking to someone who grew up in Banchory and Monifieth. I am aware of winters in the north of Scotland.

I agree times are going to be extremely hard for vulnerable people. Which is why not vulnerable people have to step up and put on a jumpers.

I also agree this is going to be far worse economically than the GFC or covid.

Maybe I'm distorting her words but wtf, didn't Truss say such things are a once in a hundred year event?