FabSwingers.com > Forums > Politics > Energy prices could rocket past £6,000
Energy prices could rocket past £6,000
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"Can i ask... are the european countries also seeing this types of rise in their utilities? " Yes but they are doing more to support their people by capping energy costs whereas we are going to be exposed to nearly the full price even with the ‘help’ the government have promised to low income families 
Personally I am storing as much scrap wood from skips and the like as I have two wood burners that I will be using to keep warm this winter | |||
"It's the price if the fossil fuel we use to generate electricity, not the Government, doing this. It is, in part, the inevitable effect of years of rejection of nuclear power and energy from waste. From a Govt point of view it is however good news. Tax is a percentage of a higher input price so they are getting more tax revenue which Ms Truss is going to use to reduce Corporation Tax for her paymasters. It will also encourage people to move to more energy efficient homes, travel and lifestyles. The people won't need Govt bribes to do that as it will be a clear simple economic choice. " Absolutely spot on, hopefully, also encourage take up of renewables to offset against. There is complete lack of education of the benefits of producing and using your own. All you hear is "long paybacks", "it reduces house value", "its expensive', "its not worth it" from the guy who told the country to "Do Nothing". | |||
"Can i ask... are the european countries also seeing this types of rise in their utilities? " Yes, but at cost via tax system, so they, like us are still paying but in different ways. Germany is looking down the barrel of significant rationing or outages due to completely removing Nuclear from their system. They'll also be outbidding us on our supply and this might be a factor of the £6K headlines we are seeing. | |||
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"I'm aware of the Jan 2023 rise. There are going to be 4 rises a year, so I anticipate it will be somewhere just shy of 8K a year by the end of 2023. No idea about 2024. I doubt anyone else does either. A friend runs a cinema and folks don't like sitting in the cold watching films. Their bill is astronomical, and they are struggling with these rises. The only way around it is to raise their prices across the board. But then footfall drops. Bit of a lose-lose scenario really." People thought I was a crackpot last year when I said it would go up 10% last October (actually 12%) and 50% in April (actually 54%) and while Martin Lewis spouting it would go down this October in February, I said 75% (it was 77% last week) and April 23 at least another 40%. Well its looking like £6000 for that and the rest is crystal ball but considering they have to recover losses from the last 6 months it really isn't looking good. I also predicted rationing and cuts, was laughed at by local Conservatives candidates, well, it's looking like Christmas (the gas and electric ovens) as well as week of Jan 4th depending on weather and supply, we face blackouts. It sound like I enjoy doom, there is a difference between gloom and reality. Being prepared is better than not, the government are avoiding panic, but trust me. Make alternative plans for heat this winter, whether log burner and stock up or gas heater and a couple of bottles. If unused in a couple of years, they can be sold on to get money back. I'm cutting up a gas bottle this week to make into boiler to externally heat hot water for bath and pump round for heating. If not used for winter shortages this year, I'll still use to supplement gas boiler and reduce cost of heat and use of LPG bottles. Reducing reliance on Grid gas has two benefits, it saves money and allows continuity during failures. It's not prepping, it's reducing reliance and saving money at the same time, with a knock on that you buy in less. £65 for a gas heater for emergencies, some people pay more than that for a decent torch. Read the news, blackouts is becoming a daily term, normalising it to say, we did warn you. I also told people to lock in deals in March, many said prices would be coming down in October so won't bother. These same people are now kicking themselves for not listening. That train left months ago. With mortgage rates, some are selling while prices high. The figures I'm seeing the last few days I now shocking me as going well above my predictions from April. I never thought £6k would be mentioned. Maybe not such a crackpot after all. The shocking thing people I've spoken to the last few weeks is how disconnected people are as to where our electricity comes from. The penny is dropping now when I show them gas in the mix of electricity. When you wake up to 70% and the consequences of loosing that in the middle of Winter, it is truly frightening. You have ONLY the government to blame, they've failed us completely for 20 years: - Gas storage shut down - Gas exploration stopped - Failed Solar benefit awareness - Failed Nuclear investment - Failed Tidal investment - Failed Wind investment - Deeper reliance on foreign Gas - Forcing Heat Pump installations - Encouraging sales of EVs without generation to charge them - Allowing Commercial buildings avoid renewable installation on large roofspaces - Lack of renewables in planning consent for new builds - Government buildings without renewables costing tax payers more for energy - Inadequate insulation in new builds being built today - No future proofing new builds with Ground Source, combined hot water - Schools without Solar, closing 2 days per week The list goes on and on and on.. This was not unforseen, they've shit themselves for years over Russia and cutting EU gas, what did they do to mitigate? Nothing, they just hoped for the best. People will die from this, whether suicides, cold, starving. Others will become homeless and yes, I'm pissed - it didn't have to nor should have come to this! | |||
"Can i ask... are the european countries also seeing this types of rise in their utilities? " There's price rises in all Europe but defenitly not the craziness we are experiencing  | |||
"I'm aware of the Jan 2023 rise. There are going to be 4 rises a year, so I anticipate it will be somewhere just shy of 8K a year by the end of 2023. No idea about 2024. I doubt anyone else does either. A friend runs a cinema and folks don't like sitting in the cold watching films. Their bill is astronomical, and they are struggling with these rises. The only way around it is to raise their prices across the board. But then footfall drops. Bit of a lose-lose scenario really. People thought I was a crackpot last year when I said it would go up 10% last October (actually 12%) and 50% in April (actually 54%) and while Martin Lewis spouting it would go down this October in February, I said 75% (it was 77% last week) and April 23 at least another 40%. Well its looking like £6000 for that and the rest is crystal ball but considering they have to recover losses from the last 6 months it really isn't looking good. I also predicted rationing and cuts, was laughed at by local Conservatives candidates, well, it's looking like Christmas (the gas and electric ovens) as well as week of Jan 4th depending on weather and supply, we face blackouts. It sound like I enjoy doom, there is a difference between gloom and reality. Being prepared is better than not, the government are avoiding panic, but trust me. Make alternative plans for heat this winter, whether log burner and stock up or gas heater and a couple of bottles. If unused in a couple of years, they can be sold on to get money back. I'm cutting up a gas bottle this week to make into boiler to externally heat hot water for bath and pump round for heating. If not used for winter shortages this year, I'll still use to supplement gas boiler and reduce cost of heat and use of LPG bottles. Reducing reliance on Grid gas has two benefits, it saves money and allows continuity during failures. It's not prepping, it's reducing reliance and saving money at the same time, with a knock on that you buy in less. £65 for a gas heater for emergencies, some people pay more than that for a decent torch. Read the news, blackouts is becoming a daily term, normalising it to say, we did warn you. I also told people to lock in deals in March, many said prices would be coming down in October so won't bother. These same people are now kicking themselves for not listening. That train left months ago. With mortgage rates, some are selling while prices high. The figures I'm seeing the last few days I now shocking me as going well above my predictions from April. I never thought £6k would be mentioned. Maybe not such a crackpot after all. The shocking thing people I've spoken to the last few weeks is how disconnected people are as to where our electricity comes from. The penny is dropping now when I show them gas in the mix of electricity. When you wake up to 70% and the consequences of loosing that in the middle of Winter, it is truly frightening. You have ONLY the government to blame, they've failed us completely for 20 years: - Gas storage shut down - Gas exploration stopped - Failed Solar benefit awareness - Failed Nuclear investment - Failed Tidal investment - Failed Wind investment - Deeper reliance on foreign Gas - Forcing Heat Pump installations - Encouraging sales of EVs without generation to charge them - Allowing Commercial buildings avoid renewable installation on large roofspaces - Lack of renewables in planning consent for new builds - Government buildings without renewables costing tax payers more for energy - Inadequate insulation in new builds being built today - No future proofing new builds with Ground Source, combined hot water - Schools without Solar, closing 2 days per week The list goes on and on and on.. This was not unforseen, they've shit themselves for years over Russia and cutting EU gas, what did they do to mitigate? Nothing, they just hoped for the best. People will die from this, whether suicides, cold, starving. Others will become homeless and yes, I'm pissed - it didn't have to nor should have come to this!" I have to say that I was sceptical when I first started reading your posts but your advice is really good and well ahead of time  | |||
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"Don't pay uk visit the website and join up, people power brought the poll tax down." Did it? What's Council Tax then. This is the biggest load of Bollox I've heard of. It will just throw more of us into high energy costs. | |||
"Don't pay uk visit the website and join up, people power brought the poll tax down. Did it? What's Council Tax then. This is the biggest load of Bollox I've heard of. It will just throw more of us into high energy costs." Millions and millions of households can't afford to pay £6000 per year so affectively its the same thing dont pay and cant pay, if we all have to pay more that will bring millions more into the same bracket, hopefully it forces the government into imposing a windfall tax like labour's proposal so it freezes the price till next April then the world might be a better place who knows, tackle the problem again when it needs to be tackled. | |||
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" Hopefully they won't be eating these words. Then again, demand might be low at 95p/kwh." Any chance of octopus paying me that for my export?  | |||
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"Days of cheap energy are probably over. People just need to adjust their lives to suit, that's all. " By choosing between heat and food...at least for a lot of people. | |||
" Hopefully they won't be eating these words. Then again, demand might be low at 95p/kwh. Any chance of octopus paying me that for my export? "You mean the energy company that claims no more than 5% profit margin. Its a joke, if they paid decent SEG rates, many more would join the march. If you are exporting more than your nighttime use, now is the time to get a battery. Payback is a few years and can live through power outages. I export ZERO, I won't give them the benefit. Instead, battery first, Hot Water diversion second, heating/:air conditioning and anything left, trickled into the car. And people still try to say its expensive or obsolete.. | |||
"Days of cheap energy are probably over. People just need to adjust their lives to suit, that's all. " Just picked up an old 47kg gas bottle, going to have a go at cutting up and remaking into outdoor log burner but top half with a copper coil pumped through tge Solar input coil on thevHot Water tank. If my maffs are right 10kg dry wood should given enough to give hot water and massively subsidise the boiler or even just run boiler for its pump for radiators circulation. Be nice and warm to stand next to or if raining, dump wood in and head indoors. Any good welders in Lancashire? | |||
" Hopefully they won't be eating these words. Then again, demand might be low at 95p/kwh. Any chance of octopus paying me that for my export?
You mean the energy company that claims no more than 5% profit margin. Its a joke, if they paid decent SEG rates, many more would join the march.
If you are exporting more than your nighttime use, now is the time to get a battery. Payback is a few years and can live through power outages.
I export ZERO, I won't give them the benefit.
Instead, battery first, Hot Water diversion second, heating/:air conditioning and anything left, trickled into the car.
And people still try to say its expensive or obsolete.."New build with typically few panels. Enough to tick a green box. The most I have ever exported was 6kwh. Lovely sunny day when I wa away. Only about 1kwh yesterday. Its really not worth storing. | |||
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" Hopefully they won't be eating these words. Then again, demand might be low at 95p/kwh. Any chance of octopus paying me that for my export?
You mean the energy company that claims no more than 5% profit margin. Its a joke, if they paid decent SEG rates, many more would join the march.
If you are exporting more than your nighttime use, now is the time to get a battery. Payback is a few years and can live through power outages.
I export ZERO, I won't give them the benefit.
Instead, battery first, Hot Water diversion second, heating/:air conditioning and anything left, trickled into the car.
And people still try to say its expensive or obsolete..
New build with typically few panels. Enough to tick a green box. The most I have ever exported was 6kwh. Lovely sunny day when I wa away. Only about 1kwh yesterday. Its really not worth storing. "So, it's not just me being cynical on new builds? 1500 houses built near me in last 5yrs, 2x or 3x 280watt panels on each, inbuilt into the roof so whole roof needs to come off to upgrade. It is absolutely disgusting that as you say, in this day and age, a property can easily be 90% self sufficient for less than an additional £15k. That they get to tick a few boxes to get planning consent. Complete government failures. Insulation is not to new stadards and could have fitted whole house Air Conditioning for cooling and, cheap or even FREE heating at build stages. Do you have a second roof? I built a summerhouse to hold another 6 panels. Might be an option or pagoda? | |||
" Hopefully they won't be eating these words. Then again, demand might be low at 95p/kwh. Any chance of octopus paying me that for my export?
You mean the energy company that claims no more than 5% profit margin. Its a joke, if they paid decent SEG rates, many more would join the march.
If you are exporting more than your nighttime use, now is the time to get a battery. Payback is a few years and can live through power outages.
I export ZERO, I won't give them the benefit.
Instead, battery first, Hot Water diversion second, heating/:air conditioning and anything left, trickled into the car.
And people still try to say its expensive or obsolete..
New build with typically few panels. Enough to tick a green box. The most I have ever exported was 6kwh. Lovely sunny day when I wa away. Only about 1kwh yesterday. Its really not worth storing.
So, it's not just me being cynical on new builds?
1500 houses built near me in last 5yrs, 2x or 3x 280watt panels on each, inbuilt into the roof so whole roof needs to come off to upgrade.
It is absolutely disgusting that as you say, in this day and age, a property can easily be 90% self sufficient for less than an additional £15k. That they get to tick a few boxes to get planning consent.
Complete government failures.
Insulation is not to new stadards and could have fitted whole house Air Conditioning for cooling and, cheap or even FREE heating at build stages.
Do you have a second roof? I built a summerhouse to hold another 6 panels. Might be an option or pagoda?"My second floor flat doesn't have a pagoda. | |||
" Hopefully they won't be eating these words. Then again, demand might be low at 95p/kwh. Any chance of octopus paying me that for my export?
You mean the energy company that claims no more than 5% profit margin. Its a joke, if they paid decent SEG rates, many more would join the march.
If you are exporting more than your nighttime use, now is the time to get a battery. Payback is a few years and can live through power outages.
I export ZERO, I won't give them the benefit.
Instead, battery first, Hot Water diversion second, heating/:air conditioning and anything left, trickled into the car.
And people still try to say its expensive or obsolete..
New build with typically few panels. Enough to tick a green box. The most I have ever exported was 6kwh. Lovely sunny day when I wa away. Only about 1kwh yesterday. Its really not worth storing.
So, it's not just me being cynical on new builds?
1500 houses built near me in last 5yrs, 2x or 3x 280watt panels on each, inbuilt into the roof so whole roof needs to come off to upgrade.
It is absolutely disgusting that as you say, in this day and age, a property can easily be 90% self sufficient for less than an additional £15k. That they get to tick a few boxes to get planning consent.
Complete government failures.
Insulation is not to new stadards and could have fitted whole house Air Conditioning for cooling and, cheap or even FREE heating at build stages.
Do you have a second roof? I built a summerhouse to hold another 6 panels. Might be an option or pagoda?"Surely it's just a case of removing a few tiles and installing another set of panels? | |||
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"Nope.." Enjoy your winter.  | |||
"Nope.." Not sure why not. Looking at my roof, it looks as simple as removing some tiles, replacing an existing fitting so it's not an end fitting and then adding new fittings and then panels. | |||
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"Nope.. Not sure why not. Looking at my roof, it looks as simple as removing some tiles, replacing an existing fitting so it's not an end fitting and then adding new fittings and then panels." Has your roof got Solar panels thar look like picture frame built flush into it? Normally you'd be right, but too look hook nice, new builds have them sunk in. | |||
"Nope.. Enjoy your winter. "Meaning? | |||
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"Nope.. Not sure why not. Looking at my roof, it looks as simple as removing some tiles, replacing an existing fitting so it's not an end fitting and then adding new fittings and then panels. Has your roof got Solar panels thar look like picture frame built flush into it? Normally you'd be right, but too look hook nice, new builds have them sunk in. " They are integrated with a fixing kit that is attached directly to the roof. | |||
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"Let the energy companies go bust and have the UK government buy them out. We don't buy the lies that they will go bust though." Several have gone bust…. | |||
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"Let the energy companies go bust and have the UK government buy them out. We don't buy the lies that they will go bust though." As Birldn says - you are assuming the wrong companies. The ones raking it in are the ones pulling it out the ground. The "To your door supplier" are screwed already as they are caught in the middle with a CAP meaning they're bleeding money to, as they can't pass on their actual costs to you that wholesale is forcing them to buy at. End suppliers (one that bill you go bust), more Compensation from Standing Charges increases, so be very careful what you wish for. | |||
"Given that over half our energy production is from domestic sources, you have to wonder why the regulator & Govt have not capped the price more aggressively. By using wholesale glibal energy prices rises to charge customers, they are deliberately over charging us. This is a total con "We voted for privatisation, allowed it to happen, yuppies got d*unk, we got d*unk on high value pensions and the good life the 90's and 00's. Now the shit's the fan, you don't like it.. which do you want? | |||
"Given that over half our energy production is from domestic sources, you have to wonder why the regulator & Govt have not capped the price more aggressively. By using wholesale glibal energy prices rises to charge customers, they are deliberately over charging us. This is a total con
We voted for privatisation, allowed it to happen, yuppies got d*unk, we got d*unk on high value pensions and the good life the 90's and 00's.
Now the shit's the fan, you don't like it.. which do you want?"Don’t include me in that we. I didn’t vote for privatisation  | |||
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"I didn't, nor did I vote for it. I didn't vote for the Dicknof a PM or Brexit but WE got it. Collective 'we', they call it democracy.. but sometimes I wonder. Tell Sid, they phucked the country." I think we need to get the Tories out. I didn’t vote for any of this & its time we nationalised the Utilities. The regulators of all sectors also need some real teeth to penalise that abuse their power. 12 years of Tory destruction needs to be stopped & reversed | |||
"I didn't, nor did I vote for it. I didn't vote for the Dicknof a PM or Brexit but WE got it. Collective 'we', they call it democracy.. but sometimes I wonder. Tell Sid, they phucked the country. I think we need to get the Tories out. I didn’t vote for any of this & its time we nationalised the Utilities. The regulators of all sectors also need some real teeth to penalise that abuse their power. 12 years of Tory destruction needs to be stopped & reversed "neither party has no " teeth" for government control. It's up to the general public to choose what is right in the UK. Currently it's is the Tories. People voted get use to the current situation. If they vote torries again then what ? | |||
"I didn't, nor did I vote for it. I didn't vote for the Dicknof a PM or Brexit but WE got it. Collective 'we', they call it democracy.. but sometimes I wonder. Tell Sid, they phucked the country. I think we need to get the Tories out. I didn’t vote for any of this & its time we nationalised the Utilities. The regulators of all sectors also need some real teeth to penalise that abuse their power. 12 years of Tory destruction needs to be stopped & reversed neither party has no " teeth" for government control. It's up to the general public to choose what is right in the UK. Currently it's is the Tories. People voted get use to the current situation. If they vote torries again then what ? "The definition of insanity… | |||
