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Energy Bills
Comments
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- The price of electricity will rise on average from 28p per kWh to 52p in October-December and gas will go up from 7p to 15p per kwh
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bobmunro said:Oggy Red said:ShootersHillGuru said:The more I hear from her (Truss) the more I think she completely lacks empathy to the point of some personality disorder.
It speaks volumes that Tories would still prefer Johnson to either her or Sunak. What exactly do we have governing us for the next two years ffs.
But today's news:- The typical household energy bill will hit £3,549 a year from 1 October, regulator Ofgem announces
- The cap is currently £1,971 for the average household and limits how much providers can charge customers in England, Scotland and Wales
But you know they will protect their own interest before that of the people.
They must spend OUR money to support those in greatest need, not tax cuts for all.2 -
Swindon_Addick said:If Russia has any sort of strategy for the war, it's to do as much damage to western economies as possible, in the hope that voters will demand that sanctions are lifted and gas purchases resume. That would then allow them to get the technology they need to build more weapons, without which they have little chance of success. In some countries that may work - there are some governments which aren't enthusiastic about support for Ukraine, and there are signs that Italy may elect a government of parties which don't want to support sanctions. But in most countries, the signs are that while voters may revolt over lack of government support over energy prices, that won't extend to demanding that we stop arming Ukraine or that we start selling technology to Russia.
Any sensible UK government would currently be planning major financial help this coming winter, and a huge programme of building wind and solar power capacity so we're in a better pace next winter. So far, there's little evidence of that, and Sunak and Truss if anything seem to be sympathetic to nimbys who oppose new solar power because the solar panels don't look very pretty. Perhaps today's announcement will get through to them that this is a serious crisis. Perhaps pigs may fly...1 -
ShootersHillGuru said:bobmunro said:Oggy Red said:ShootersHillGuru said:The more I hear from her (Truss) the more I think she completely lacks empathy to the point of some personality disorder.
It speaks volumes that Tories would still prefer Johnson to either her or Sunak. What exactly do we have governing us for the next two years ffs.
But today's news:- The typical household energy bill will hit £3,549 a year from 1 October, regulator Ofgem announces
- The cap is currently £1,971 for the average household and limits how much providers can charge customers in England, Scotland and Wales
But you know they will protect their own interest before that of the people.
They must spend OUR money to support those in greatest need, not tax cuts for all.
Many don't pay tax presently because their income is currently below the £12,570 per year tax threshold.
They may soon get an increase in wage or pension, which will then give them an annual income above £12,750 ...... but will be losing much of that increased income deducted in tax.
The tax threshold needs to rise in line with inflation.
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They'll act and there will be a raft of measures I suspect once a new PM is in situ.
I can see a mixture of price freezes, cash handouts against bills like they have currently proposed and Income tax cuts and personal allowance increases (although the latter less likely in my view as more difficult to back track on/undo in the future).
I'm fairly sure tax cuts will be part of Truss's solution, not so sure about Sunak though.
Then you get onto business's who aren't party to the price capping, they will need some assistance as well.
It should also be a wake up call for more sustainable power generation, they really need to start subsidising solar much much more for homeowners so that becomes much more of the norm. I did get a verbal quote for my house, was in the region of £18k, they estimated it'd save about £700 a year so maybe double that currently, but even still that's a long pay back time.1 -
If the basic full state pension exceeds the tax threshold I suspect even someone as thick as Truss and her likely chancellor Kwarteng won’t miss that one.1
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Help for businesses is also crucial - assistance with paying household energy bills is of limited use if you lose your job because your employer can't afford to operate. Lots of food & drink places talking about reduced opening hours to save on the heating bill by not opening when there are few customers.0
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Showmetheway2gohome said:Has anyone with solar panels seen a 80% increase on the energy they sell back to the energy companies or are they still getting the same as before ?0
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Rob7Lee said:They'll act and there will be a raft of measures I suspect once a new PM is in situ.
I can see a mixture of price freezes, cash handouts against bills like they have currently proposed and Income tax cuts and personal allowance increases (although the latter less likely in my view as more difficult to back track on/undo in the future).
I'm fairly sure tax cuts will be part of Truss's solution, not so sure about Sunak though.
Then you get onto business's who aren't party to the price capping, they will need some assistance as well.
It should also be a wake up call for more sustainable power generation, they really need to start subsidising solar much much more for homeowners so that becomes much more of the norm. I did get a verbal quote for my house, was in the region of £18k, they estimated it'd save about £700 a year so maybe double that currently, but even still that's a long pay back time.1 -
Whatever help is announced it’s going to have to have an outcome of prices for energy not going above the current level of cap at £1971. With food and inflation people won’t stand for some half arsed compromise solution where people are expected to meet the energy cost increases half way. That’s my likely outcome scenario.0
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MuttleyCAFC said:Rob7Lee said:They'll act and there will be a raft of measures I suspect once a new PM is in situ.
I can see a mixture of price freezes, cash handouts against bills like they have currently proposed and Income tax cuts and personal allowance increases (although the latter less likely in my view as more difficult to back track on/undo in the future).
I'm fairly sure tax cuts will be part of Truss's solution, not so sure about Sunak though.
Then you get onto business's who aren't party to the price capping, they will need some assistance as well.
It should also be a wake up call for more sustainable power generation, they really need to start subsidising solar much much more for homeowners so that becomes much more of the norm. I did get a verbal quote for my house, was in the region of £18k, they estimated it'd save about £700 a year so maybe double that currently, but even still that's a long pay back time.2 -
ShootersHillGuru said:Whatever help is announced it’s going to have to have an outcome of prices for energy not going above the current level of cap at £1971. With food and inflation people won’t stand for some half arsed compromise solution where people are expected to meet the energy cost increases half way. That’s my likely outcome scenario.0
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If the west are sanctioning Russia economically, then it is no surprise to me that Russia will sanction right back any way they can.
Truss has described helping people, many of whom have contributed enormously, as giving ‘handouts’.
Bit like the handouts of dodgy contracts given to people like the pub landlord friend of Matthew Hancock.
I believe this government are content to see people burning their furniture to keep warm, as long as somehow they and their coterie can move towards living off the interest of the interest. That is the philosophy of these people and those who vote for them isn’t it?3 -
Showmetheway2gohome said:That’s our media and government lying Russia economy is fucked if it’s that fucked they wouldn’t be burning 10 million worth of gas would they.0
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Stu_of_Kunming said:ShootersHillGuru said:Whatever help is announced it’s going to have to have an outcome of prices for energy not going above the current level of cap at £1971. With food and inflation people won’t stand for some half arsed compromise solution where people are expected to meet the energy cost increases half way. That’s my likely outcome scenario.0
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Bournemouth Addick said:No government minister available for media interviews today. People worried sick and looking for help and reassurance and they're awol. They knew this was being announced today weeks ago so it's inexcusable.
Why would anyone in their right mind ever want to defend this lot?I thought we’d reached a nadir with Johnson, but listening to Truss, she’s Karel Frayere on steroids2 -
seth plum said:If the west are sanctioning Russia economically, then it is no surprise to me that Russia will sanction right back any way they can.
Truss has described helping people, many of whom have contributed enormously, as giving ‘handouts’.
Bit like the handouts of dodgy contracts given to people like the pub landlord friend of Matthew Hancock.
I believe this government are content to see people burning their furniture to keep warm, as long as somehow they and their coterie can move towards living off the interest of the interest. That is the philosophy of these people and those who vote for them isn’t it?
https://www.gov.uk/government/statistics/percentile-points-from-1-to-99-for-total-income-before-and-after-tax
You describe an infinitesimally small percentage of people who have that sort of wealth. The vast majority of tory voters will be struggling with these fuel price hikes and that is why the government will act - not out of any empathy but for self-preservation reasons.4 -
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bobmunro said:seth plum said:If the west are sanctioning Russia economically, then it is no surprise to me that Russia will sanction right back any way they can.
Truss has described helping people, many of whom have contributed enormously, as giving ‘handouts’.
Bit like the handouts of dodgy contracts given to people like the pub landlord friend of Matthew Hancock.
I believe this government are content to see people burning their furniture to keep warm, as long as somehow they and their coterie can move towards living off the interest of the interest. That is the philosophy of these people and those who vote for them isn’t it?
https://www.gov.uk/government/statistics/percentile-points-from-1-to-99-for-total-income-before-and-after-tax
You describe an infinitesimally small percentage of people who have that sort of wealth. The vast majority of tory voters will be struggling with these fuel price hikes and that is why the government will act - not out of any empathy but for self-preservation reasons.
It is a kind of Stockholm Syndrome.
I will wait and see, but personally I don’t trust this government to act. At the moment in many sectors it takes strikes to get action…or civil unrest as you have suggested.3 -
seth plum said:bobmunro said:seth plum said:If the west are sanctioning Russia economically, then it is no surprise to me that Russia will sanction right back any way they can.
Truss has described helping people, many of whom have contributed enormously, as giving ‘handouts’.
Bit like the handouts of dodgy contracts given to people like the pub landlord friend of Matthew Hancock.
I believe this government are content to see people burning their furniture to keep warm, as long as somehow they and their coterie can move towards living off the interest of the interest. That is the philosophy of these people and those who vote for them isn’t it?
https://www.gov.uk/government/statistics/percentile-points-from-1-to-99-for-total-income-before-and-after-tax
You describe an infinitesimally small percentage of people who have that sort of wealth. The vast majority of tory voters will be struggling with these fuel price hikes and that is why the government will act - not out of any empathy but for self-preservation reasons.
It is a kind of Stockholm Syndrome.
I will wait and see, but personally I don’t trust this government to act. At the moment in many sectors it takes strikes to get action…or civil unrest as you have suggested.
Only joking, Seth - we are not too dissimilar on 'most' things.1 - Sponsored links:
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Meanwhile.........."BP's profits tripled to $8.5bn (£6.9bn) between April and June 2022. The second quarter also included a record $11.5bn profit for Shell".
Beyond a joke really.0 -
Showmetheway2gohome said:That’s our media and government lying Russia economy is fucked if it’s that fucked they wouldn’t be burning 10 million worth of gas would they.1
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Oggy Red said:ShootersHillGuru said:The more I hear from her (Truss) the more I think she completely lacks empathy to the point of some personality disorder.
It speaks volumes that Tories would still prefer Johnson to either her or Sunak. What exactly do we have governing us for the next two years ffs.
But today's news:- The typical household energy bill will hit £3,549 a year from 1 October, regulator Ofgem announces
- The cap is currently £1,971 for the average household and limits how much providers can charge customers in England, Scotland and Wales
But you know they will protect their own interest before that of the people.1 -
arny23394 said:AndyG said:What I find astounding is how we can be in a situation where our political leaders (of all persuasions) are of such low calibre. There is something really wrong with the political landscape in this country and something needs to be done to attract much higher calibre of politicians. How the f##k have we ended up in a situation where "thick Truss" is likely to be our Prime Minister? Devoid of any reasonable intellect and the personality of a kipper.
God knows how much damage this lot will do over the next couple of years ! And I'm a Tory I'm ashamed to say
Mate I will leave it at that other than to say I'm far from an idiot. Have a nice day0 -
Rob7Lee said:They'll act and there will be a raft of measures I suspect once a new PM is in situ.
I can see a mixture of price freezes, cash handouts against bills like they have currently proposed and Income tax cuts and personal allowance increases (although the latter less likely in my view as more difficult to back track on/undo in the future).
I'm fairly sure tax cuts will be part of Truss's solution, not so sure about Sunak though.
Then you get onto business's who aren't party to the price capping, they will need some assistance as well.
It should also be a wake up call for more sustainable power generation, they really need to start subsidising solar much much more for homeowners so that becomes much more of the norm. I did get a verbal quote for my house, was in the region of £18k, they estimated it'd save about £700 a year so maybe double that currently, but even still that's a long pay back time.5 -
Showmetheway2gohome said:kentaddick said:Showmetheway2gohome said:That’s our media and government lying Russia economy is fucked if it’s that fucked they wouldn’t be burning 10 million worth of gas would they.Showmetheway2gohome said:Oh and the state owned bbc don’t lie too1
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Showmetheway2gohome said:Your straight of the banana boat mate open your eyes0
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Stu_of_Kunming said:ShootersHillGuru said:Whatever help is announced it’s going to have to have an outcome of prices for energy not going above the current level of cap at £1971. With food and inflation people won’t stand for some half arsed compromise solution where people are expected to meet the energy cost increases half way. That’s my likely outcome scenario.0
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‘Open your eyes’ reminds me of the Tutu quote about British colonialism.
Something like ‘the white man told us to kneel down and pray, when we opened our eyes our land was gone’.0 -
kentaddick said:Oggy Red said:ShootersHillGuru said:The more I hear from her (Truss) the more I think she completely lacks empathy to the point of some personality disorder.
It speaks volumes that Tories would still prefer Johnson to either her or Sunak. What exactly do we have governing us for the next two years ffs.
But today's news:- The typical household energy bill will hit £3,549 a year from 1 October, regulator Ofgem announces
- The cap is currently £1,971 for the average household and limits how much providers can charge customers in England, Scotland and Wales
But you know they will protect their own interest before that of the people.2