shlomo Posted April 1, 2022 Share Posted April 1, 2022 I pay £320pm for Gas/electricity from Scottishpower a new contract would be £870pm, 1 year fixed energy price. That new price would break me. We have a lot of pain coming... Quote Link to comment Share on other sites More sharing options...
IMHAL Posted April 1, 2022 Share Posted April 1, 2022 6 minutes ago, shlomo said: I pay £320pm for Gas/electricity from Scottishpower a new contract would be £870pm, 1 year fixed energy price. That new price would break me. We have a lot of pain coming... This is were it all starts getting real. No more unicorns, no more fantasy, no more you can eat jam tomorrow. This....is...it! Quote Link to comment Share on other sites More sharing options...
petetong Posted April 1, 2022 Share Posted April 1, 2022 I've noticed a few houses that had sold coming back on the market in the last week or so, almost as if reality is starting to hit home with some people. Can all these people that have bought big detached houses afford to heat them ? There was a family on local news tonight saying they couldn't afford to pay their heating bills which had gone from £700 to £2000 a year, yet they'd bought a £500K detached house recently ... Quote Link to comment Share on other sites More sharing options...
Pmax2020 Posted April 1, 2022 Share Posted April 1, 2022 Our 2020 deal was £120 per month, though in October 2021 i begrudgingly signed a 2 year deal at £160. I’ve been doing comparisons regularly to track how prices are rocketing. They had doubled by Feb, however tonight the cheapest deal is £500 per month!!!! Quote Link to comment Share on other sites More sharing options...
shlomo Posted April 1, 2022 Author Share Posted April 1, 2022 1 minute ago, Pmax2020 said: Our 2020 deal was £120 per month, though in October 2021 i begrudgingly signed a 2 year deal at £160. I’ve been doing comparisons regularly to track how prices are rocketing. They had doubled by Feb, however tonight the cheapest deal is £500 per month!!!! If you had not signed the deal for £160pm then you would be on £500pm, that is more than a £100pw Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted April 1, 2022 Share Posted April 1, 2022 1 hour ago, shlomo said: I pay £320pm for Gas/electricity from Scottishpower a new contract would be £870pm, 1 year fixed energy price. That new price would break me. We have a lot of pain coming... Is that your monthly payment by DD? If so, it sounds a lot, mine's half that. Quote Link to comment Share on other sites More sharing options...
Pmax2020 Posted April 1, 2022 Share Posted April 1, 2022 Just now, shlomo said: If you had not signed the deal for £160pm then you would be on £500pm, that is more than a £100pw Totally. I hold my hands up that when I signed the £160 deal it was at a point when I didn’t fully understand prices could rise as much as they have. Ive always sought competitive prices annually for things like energy and I heard it was going up. I recall the £60 Sainsburys vouchers and £0 exit fees being the deal-breaker otherwise I may have stayed put and regretted it. Quote Link to comment Share on other sites More sharing options...
Riedquat Posted April 1, 2022 Share Posted April 1, 2022 And to think I'm not that happy paying £90 a month (although it's a small house with just one person). Not yet sure what it'll go up to. Quote Link to comment Share on other sites More sharing options...
Pmax2020 Posted April 1, 2022 Share Posted April 1, 2022 1 minute ago, Bruce Banner said: Is that your monthly payment by DD? If so, it sounds a lot, mine's half that. Mine is 28,000 gas / 3800 electricity. I pay £160 but it’s nearer £500 now. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted April 1, 2022 Share Posted April 1, 2022 I can't find my exact usage, but my current fixed price tariff (taken out in February this year) costs just under £150 a month until end of June 2023 and if I were to change now it would rise to £335 a month fixed until May 2023. Last year I was paying £85 a month on DD. Quote Link to comment Share on other sites More sharing options...
Pmax2020 Posted April 1, 2022 Share Posted April 1, 2022 Because we signed a deal last year we have some breathing space - but we’ve still tried to be very canny with our usage. Both WFH, and er, we’ve literally sat with duvets over ourselves at times whilst working. We live in a reasonably sized Victorian house that gets cold 15 minutes after the heating shuts down but it doesn’t feel right having it running for 8-10 hours a day. Its been an incredibly mild winter this year too which has helped. Quote Link to comment Share on other sites More sharing options...
nothernsoul Posted April 1, 2022 Share Posted April 1, 2022 This will cost people their jobs. And not just in the energy dependent industrial sector. The cost of heat and electricity for a large place of work, previously a small percentage of annual budget, will now be the same as a full time staff members wage. I am thinking about schools, nursing homes, hospitals, nurseries which have a fixed budget. Quote Link to comment Share on other sites More sharing options...
Guillotine Posted April 1, 2022 Share Posted April 1, 2022 Jesus - that is a lot domestic energy. Do you have a lot of hydroponics ? Or were you the fella who was running an unregistered catering business from home ? Anyway, that’s a lot of domestic energy. Time to think about turning the thermostat down and buying some woolly pullies. Quote Link to comment Share on other sites More sharing options...
Insane Posted April 2, 2022 Share Posted April 2, 2022 52 minutes ago, nothernsoul said: This will cost people their jobs. And not just in the energy dependent industrial sector. The cost of heat and electricity for a large place of work, previously a small percentage of annual budget, will now be the same as a full time staff members wage. I am thinking about schools, nursing homes, hospitals, nurseries which have a fixed budget. I was just watching a news clip from a few weeks back on youtube. A retired guy with a free travel pass said he could not afford to heat his home so spent most of the day travelling on buses and trains to keep warm. As I was watching it I though how long before transport turns off the heating , then I went on to think about the places you have mentioned. Quote Link to comment Share on other sites More sharing options...
sta100 Posted April 2, 2022 Share Posted April 2, 2022 (edited) There's still people here with their heads in the sand, I said around 2020/1 that we had gone past the point of this bubble being about a house price crash and something more akin to an societal meltdown. There's nowhere to run from this. Someone was asking why I was so angry when I'm well off, they're about to find out what happens when a large percentage of society can't meet their basic needs. What do you think is going to happen when Europe gets cut off from Russia? Edited April 2, 2022 by sta100 Quote Link to comment Share on other sites More sharing options...
shlomo Posted April 2, 2022 Author Share Posted April 2, 2022 5 hours ago, Bruce Banner said: I can't find my exact usage, but my current fixed price tariff (taken out in February this year) costs just under £150 a month until end of June 2023 and if I were to change now it would rise to £335 a month fixed until May 2023. Last year I was paying £85 a month on DD. Last year you were on £85pm now you would be on £335 that is a phenomenal rise. I have never thought of myself as poor but…. Quote Link to comment Share on other sites More sharing options...
reddog Posted April 2, 2022 Share Posted April 2, 2022 Some of the price rises o am hearing about must have an effect, surely? It wasn't until relatively recently that people were able give such a large part of their budget to housing and services (leisure/consumer goods). I think about 200 years ago, people spent about 70% of their income on food. Imagine what the economy would look like if we were spending 70% of our income on food and energy. It would be brutal for many industries!! Quote Link to comment Share on other sites More sharing options...
winkie Posted April 2, 2022 Share Posted April 2, 2022 Duel fuel fixed has just over doubled from Sep 21 to Apr 22..few deals about now. Quote Link to comment Share on other sites More sharing options...
Pmax2020 Posted April 2, 2022 Share Posted April 2, 2022 6 hours ago, Guillotine said: Jesus - that is a lot domestic energy. Do you have a lot of hydroponics ? Or were you the fella who was running an unregistered catering business from home ? Anyway, that’s a lot of domestic energy. Time to think about turning the thermostat down and buying some woolly pullies. It’s difficult when you have a young family though. I could wrap up or even go for a run but when the house is cold for a a few hours before the kids go to school/nursery, what do you do? Once the wee boy is at school our usage will probably drop 30%. On the bus thing - I have an uncle who’s a driver and he’s spoken of lonely pensioners routinely getting on his buses for company and heat in the winter. Not many, just the odd person over the years. I’m sure that’ll increase. Quote Link to comment Share on other sites More sharing options...
PeanutButter Posted April 2, 2022 Share Posted April 2, 2022 There are many thousands of people in this country who budget down to pennies. On this forum we’re exceptionally fortunate to be griping about buying houses - HOUSES. If people make it through summer, the October rises will break them. Every single local election campaigner who door knocks you need to be firm about these rises being key. Sunak needs to shake the money tree hard. Separately, I have long extolled the virtues of unloved UK 60s/70s houses in terms of heating and insulation. Very glad I live in an easily heated small home and don’t rely on my car. Quote Link to comment Share on other sites More sharing options...
winkie Posted April 2, 2022 Share Posted April 2, 2022 Save water and fuel share the bath water.......best that the cleanest uses it first. Quote Link to comment Share on other sites More sharing options...
Trampa501 Posted April 2, 2022 Share Posted April 2, 2022 Sounds like the future is going to be fracking awful. Quote Link to comment Share on other sites More sharing options...
winkie Posted April 2, 2022 Share Posted April 2, 2022 4 minutes ago, PeanutButter said: There are many thousands of people in this country who budget down to pennies. On this forum we’re exceptionally fortunate to be griping about buying houses - HOUSES. If people make it through summer, the October rises will break them. Every single local election campaigner who door knocks you need to be firm about these rises being key. Sunak needs to shake the money tree hard. Separately, I have long extolled the virtues of unloved UK 60s/70s houses in terms of heating and insulation. Very glad I live in an easily heated small home and don’t rely on my car. Other countries have seen petrol and diesel rise, but nobody has had the 54% rise we have had in heating, lighting and cooking prices, electricity, gas and oil.....the standing charges increases is the icing on the cake of what will be huge worry and anxiety of the population.... Quote Link to comment Share on other sites More sharing options...
winkie Posted April 2, 2022 Share Posted April 2, 2022 Treat'em mean keep'em keen...... Quote Link to comment Share on other sites More sharing options...
skinnylattej Posted April 2, 2022 Share Posted April 2, 2022 24 minutes ago, PeanutButter said: Separately, I have long extolled the virtues of unloved UK 60s/70s houses in terms of heating and insulation. Very glad I live in an easily heated small home and don’t rely on my car. I agree, I live in a small 1970's house, with most of the facilities (shops, supermarket, swimming pool, gym, railway station) within walking distance. Some of the household energy bills reported here are eye-watering. There again, Buck House is going to be expensive. Perhaps the valet's under-footman will have to go. Some of my older relatives with their big Victorian houses will really struggle. Quote Link to comment Share on other sites More sharing options...
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