Monday, Jun 22, 2009
Energy bills in the UK to hit £5,000 a year by 2020
This is money: Energy bills in the UK to hit £5,000 a year by 2020
Energy bills will soar to more than £5,000 a year within the next decade, experts have warned.
Prices are expected to rise by a startling 42% each year, forcing thousands of families into fuel poverty.
Analysts at price comparison website uSwitch.com said average annual bills have doubled from £580 five years ago to £1,243 today.
By 2020 they are expected to quadruple as Britain tries to replace outdated infrastructure and bring in green energy policies. Dependence on Eastern European gas also leaves us open to fluctuating energy markets.
Experts believe that once the worldwide recession is over, demand for power will soar in India and China, forcing global prices even higher.
Posted by penbat1 @ 12:17 PM (1378 views) Add Comment
33 Comments
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1. matt_the_hat said...
The true cost for the illusion of man made global warming
2. mark wadsworth said...
Yup, something else we can thank the EU for.
3. Puppee said...
no its alright instead of keep paying these rich companies to supply your energy invest in creating your own , install solar panels for hot water, ground source heating systems no gas required , multi- fuel burners , wind turbines they will pay for themselves eventually plus we get the benefit of seeing these big rip off energy companies losing profit, THIS IS THE WAY FORWARD
4. nomad said...
We can understand the upward pressure on energy prices, we know that taxes have to go up and that wages are not going to keep up.
It follows that we must produce more food and not import so much, at greater cost. And land prices and building costs will have to be pegged back.
Families will not have pre 2007 amounts to spend on housing for a very long time to come.
5. Peterhun said...
What utter tripe. This would give solar power a payback period of a year at todays current prices, as solar prices go down gas will become redundant.
Nobody would buy gas at those prices so there would be no need to upgrade the network and no need for gas companies either.
6. george monsoon said...
When fuel goes up, everying else follows.... 3% my @rse !!
7. shipbuilder said...
This has the ring of 'the average house price in the UK will be £1M in 20 years' (or whatever) about it.
8. will said...
Most enegy is used to heat our homes. If prices rise too high, we can turn off the gas supply and wear warm clothes. Stuff British Gas.
9. Eternal Sceptic said...
Fossil fuels are finite and represent the vast bulk of our current and immediate future supllies. Very few geologists would dispute these facts. In industry parlance" the low hanging fruit has been plucked". The inescapable result of this is that the price will overall rise to compensate for the additional costs of obtaining the raw materials. Recession and spurious greenhouse taxes may skew the trend down or up but the general trend will inevitably rise over time. This is very sad but also verytrue.
10. peeping tom said...
well said, shipbuilder, my thoughts exactly.
11. Clockslinger said...
Has this site just been shafted by some careful product placement at the top of the page? See, you fools...there IS no escape!
12. krustyatemyhamster said...
@shipy
"This has the ring of 'the average house price in the UK will be £1M in 20 years' (or whatever) about it."
House prices rose because of the availability of cheap credit and the gullability of those that thought something else was reponsible for the rising prices. Fossil fuels are somewhat different in that they are a finite resource. If you started burning down hundreds of thousands of houses in the UK every year then the remaining houses probably would be worth more than £1M in 20 years.
13. shipbuilder said...
11. krustyatemyhamster said...
"@shipy
"This has the ring of 'the average house price in the UK will be £1M in 20 years' (or whatever) about it."
House prices rose because of the availability of cheap credit and the gullability of those that thought something else was reponsible for the rising prices. Fossil fuels are somewhat different in that they are a finite resource. If you started burning down hundreds of thousands of houses in the UK every year then the remaining houses probably would be worth more than £1M in 20 years."
I would be the first to agree that fossil fuels and their supply is a problem. However this is just another nonsense article with made up figures and indeed many of the reactions here illustrate people's lack of critical thought and blind reactions to articles they like/don't like - a constant criticism of this website - that's what I was pointing out.
14. krustyatemyhamster said...
shipy@12
I hadn't read the article before I commented - after reading it I have to agree with you about the made up figures, etc - the topic deserves a better analysis than that presented.
15. This comment has been removed as it was found to be in breach of our Blog Policies.
16. krustyatemyhamster said...
Erm no. Work in hampshire for a private company. Great powers of insight there. Thanks for the mindless abuse.
17. flashman said...
krustyatemyhamster: Mindless abuse is your calling card. You should not be ashamed of being a Northerner.
18. krustyatemyhamster said...
"Mindless abuse is your calling card. "
Strange - I don't see my comments being removed. Talking about yourself again are we.
I don't see any reason why Northerners should be ashamed or public sector workers for that matter - being born in the south (and having lived in the north for a while) doesn't instil me with the prejudice you demonstrate.
19. flashman said...
Stop whining.
You once, unconvincingly, bragged that only huge distance prevented you from "coming down to show the City rioters how it's done”. Do you consider Hampshire to be a huge trek down to the City? What else do you lie about. Zero credibility
20. Adskirockski said...
uSwitch.com want their name published in the media and also want to get people thinking about how expensive fuel costs are to make switching supply more likely. result = this "article".
"Analysts at price comparison website uSwitch.com" - Why would a middle-man company like uswitch employ analysts? It's a completely fabricated story by uswitch.coms PR department
21. krustyatemyhamster said...
Not a difficult one to explain - I was working in the North (in the public sector) until february (and commuting during the week for the first coupple of months).
Not whining - just reasoned argument flashman - I'd appreciate it if you'd stop projecting your inadequacies onto me.
22. flashman said...
krustyatemyhamster: Sure, I believe you.
Why do people like you always squeal when you get a taste of your own medicine. Learn from it
23. krustyatemyhamster said...
Didn't realise I was squealing.
"People like you"
Surely you can create better arguments than those of the five-year old spoilt bully.
"Learn from it"
LOL. I don't feel the need to learn anything from you - but thanks for the offer.
24. flashman said...
krustyatemyhamster:
You denied being a Northerner working for the state. A few minutes later, you were caught out lying and adjusted your story. Just another web wackjob with an invented identity.
As for bullying you....be careful who you pick on little man
25. krustyatemyhamster said...
I'm picking on you? - ahhhh bless. False victimhood and projection are always the mark of an emotionally stunted bully - and a lack of a sense of shame. You're the one that visited this particular thread and made an abusive comment about me - how does that constitute me bullying you?
Why do you assume I am lying? I am currently working for a private company (although I do hold a visiting research fellowship at the university I was previously employed by in the north). That probably doesn't constitute work in your sense - seeing as I don't get paid for it.
26. flashman said...
bless? LOL? These are the hallmark expressions of the uneducated classes. Do you honestly expect people to believe you have research fellowship at a University. Stop digging yourself deeper.
You are a bit like a half-witted Tony Blair. You spew any nonsense to obfuscate the truth. Everyone knows you are a fraud and everyone knows about your regularl imbecilic comments (trashman, he he he). No amount of bluff and bluster will roll back your outing
27. krustyatemyhamster said...
"bluff and bluster"
Do you ever get bored with talking about yourself? Clearly not.
So anyone that uses LOL is part of an uneducated class?
You think what you want to think flashman. I'm sitting in a non-existent conference centre in Greece at the moment with a non-existant presentation to do this afternoon - thanks for the diversion whilst I was finishing it off. Anyway, the non-existent weather outside is rather pleasant and I've got two hours now before I talk, so forgive me for leaving you and enjoying the sunshine.
28. flashman said...
I hope the conference (Action man and assorted bedroom stuffies) enjoys your talk on simultaneously working for the public and private sectors in the North and South. Stick to the truth and your Sindy doll might oblige you later
29. krustyatemyhamster said...
I'm expecting my wife to oblige me when I return from Greece. We were married four weeks ago (in the midlands - where we lived when I was working in the north - if that's not too much for you to take in) - I'm sure you're happy for the both of us. 15 mins until my presentation. Wish me luck.
30. flashman said...
Good luck to you and your wife krusty. Just pulling your leg
31. G0nzilla said...
Why has this discussion degenerated into a slanging match?
The article is obviously a load of rubbish printed a) to sell papers and b) scare the hell out of Middle England.
The problem we face as a country is Peak Oil and finite resource.
The solution is a smart grid, micro-gen and massive investment in large scale renewables. This is the green revolution everyone keeps harping on about. It has nowhere near started yet. The problem we face is that we may not have the money to see it through.
Papers like the Express warble on about Climate Change even though that issue should not be our immediate concern. Be in no doubt we will have to pay for this change for if we do not, or cannot afford to transition our economy will collapse for more fundamental reasons than the price of the average box.
Which by the way are likely to fall further for we can't pay through the nose for the suburban dream and remake our infrastructure at the same time.
32. nomad said...
Thanks guys! Great handbags.
33. krustyatemyhamster said...
Why thankyou mr flashman.
Just back to Hampshire - the talk went down well you'll be pleased to hear.