winkie Posted July 12, 2022 Share Posted July 12, 2022 2 minutes ago, 14stFlyer said: Interesting point this Winkie. Law of unintended consequences and all that. What happens if we have a big “space weather” event or if we have a sudden drop off in strength of Earth’s Magnetic Field? We could find we have a catastrophic failure of electricity provision and no recourse to any other energy supply… 2 minutes ago, 14stFlyer said: Interesting point this Winkie. Law of unintended consequences and all that. What happens if we have a big “space weather” event or if we have a sudden drop off in strength of Earth’s Magnetic Field? We could find we have a catastrophic failure of electricity provision and no recourse to any other energy supply… A catastrophic event could be both natural or man-made. Quote Link to comment Share on other sites More sharing options...
fellow Posted July 12, 2022 Share Posted July 12, 2022 Energy bills to rise more than predicted, says Ofgem boss https://www.bbc.co.uk/news/business-62123691 "Jonathan Brearley said in late May that a typical household would pay £800 a year more from October. But, while giving evidence to MPs, he said it was "clear" that estimate for winter bills now looked too low. The original figure was used by ministers when deciding how much to pay in direct assistance this winter. One industry analyst has predicted a rise of more than £1,200 a year in October. Cornwall Insight said that the typical domestic customer was likely to pay £3,244 a year from October, then £3,363 a year from January. The typical bill at present is about £2,000 a year. In itself, this was a rise of £700 a year in April, compared with the previous six months". Quote Link to comment Share on other sites More sharing options...
FivePoundLatte Posted July 12, 2022 Share Posted July 12, 2022 43 minutes ago, fellow said: Cornwall Insight said that the typical domestic customer was likely to pay £3,244 a year from October, then £3,363 a year from January It's nice of the 'powers that be' to switch to 3 monthly price caps, not 6 monthly. It means they can pass on price rises much quicker to everyone. Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted July 12, 2022 Share Posted July 12, 2022 23 hours ago, Riedquat said: Well LED lights have sensitive electronic components in them so I can't imagine they'll work well with low voltage (unless you've explicitly fitted ones for dimmer switches). Tungsten bulbs would just dim a bit but LEDs are more complicated beasts. Ones I actually like, but they do have some minor downsides. LED bulbs need a constant voltage, the dimmer function is achievable via PWM which is Pulse Width Modulation. It going to be fun this winter! I don’t think that viewing figures for the World Cup will be as anticipated Quote Link to comment Share on other sites More sharing options...
cbathpc Posted July 12, 2022 Share Posted July 12, 2022 These energy price increases are actually very scary. There doesn't seem to be any solution, and you'd think the governments usual solutions - tax the middle paye workers / print more money would only make the problem worse, as even people in the middle are going to struggle with this. What actually happens here? Is this going to force a serious rethink on how we all live, or are we just going to get more sadface tabloid stories? Quote Link to comment Share on other sites More sharing options...
steve99 Posted July 12, 2022 Share Posted July 12, 2022 1 hour ago, fellow said: Energy bills to rise more than predicted, says Ofgem boss https://www.bbc.co.uk/news/business-62123691 "Jonathan Brearley said in late May that a typical household would pay £800 a year more from October. But, while giving evidence to MPs, he said it was "clear" that estimate for winter bills now looked too low. The original figure was used by ministers when deciding how much to pay in direct assistance this winter. One industry analyst has predicted a rise of more than £1,200 a year in October. Cornwall Insight said that the typical domestic customer was likely to pay £3,244 a year from October, then £3,363 a year from January. The typical bill at present is about £2,000 a year. In itself, this was a rise of £700 a year in April, compared with the previous six months". Looks like we are going back to the Brexiteers perfect vision of the 1960s, half your money on food and the rest on heating, only thing missing is cheap beer in pubs and an outside crapper. Wonder how even the so called middle class will fare with 4 bedrooms, 3 tvs on at once, 2 leased cars in the drive and a mega mortgage. Bring back coal fires I say and reinstate the miners that Maggie sacked. Quote Link to comment Share on other sites More sharing options...
steve99 Posted July 12, 2022 Share Posted July 12, 2022 (edited) 9 minutes ago, cbathpc said: These energy price increases are actually very scary. There doesn't seem to be any solution, and you'd think the governments usual solutions - tax the middle paye workers / print more money would only make the problem worse, as even people in the middle are going to struggle with this. What actually happens here? Is this going to force a serious rethink on how we all live, or are we just going to get more sadface tabloid stories? The current government and all their aspiring PMs to be are clueless about the real economy and its relationship to the real people who are actually and they should be governing for. Its all on paper to them, money transfers to cronies and tax havens and cuts in corporate tax (will make no difference to business but massive difference to anyone earing less than a mega wage). The middle will struggle, the 50% beneath the middle will suffer from being cold and penniless to destitution for the bottom 20% (either that or the landlords take their fair share of the pain) Edited July 12, 2022 by steve99 Quote Link to comment Share on other sites More sharing options...
PeanutButter Posted July 12, 2022 Share Posted July 12, 2022 Moneysavingexpert review with Cornwall Insight's figures: https://www.moneysavingexpert.com/utilities/-are-there-any-cheap--fixed-energy-deals-currently-worth-it--/ So let's get to the nub of this. This is about whether there's a deal likely to be cheaper than the price cap if we look over the next year. For that, clearly there need to be fixes you can lock into that are cheaper than the expected October price cap. And there are. So if we factor in three months on the current rate, three at October's, three at January's and three at April's, and adjust for higher use in the winter, if the predictions are right, on average you'll pay 57% more over the next year than you do now. Of course, some of this is crystal-ball gazing and averaging, but overall my best guess, as a rule of thumb, is... If you're offered a year's fix at no more than 55% above your current price-capped tariff, or 60% more if you very strongly value budgeting certainty, it's worth considering. This isn't an exact science – do watch my video explainer from a couple of months ago if you want to understand more. Fixing below this point is still not a slam dunk, I can't promise I've got this right, there are too many unknowns, just that this is my best-guess with the information I have at the moment. Quote Link to comment Share on other sites More sharing options...
sexton Posted July 12, 2022 Share Posted July 12, 2022 11 hours ago, Roman Roady said: LED bulbs need a constant voltage, the dimmer function is achievable via PWM which is Pulse Width Modulation. It going to be fun this winter! I don’t think that viewing figures for the World Cup will be as anticipated Most will work on any voltage between 85 and 270VAC. Quote Link to comment Share on other sites More sharing options...
reddog Posted July 12, 2022 Share Posted July 12, 2022 My solution would be to start fracking, and loosen up planning rules for other forms of oil and gas extraction. Quote Link to comment Share on other sites More sharing options...
fellow Posted July 13, 2022 Share Posted July 13, 2022 10 hours ago, reddog said: My solution would be to start fracking, and loosen up planning rules for other forms of oil and gas extraction. The problem with fracking is people only want it until a fracking well is planned anywhere near their home. Quote Link to comment Share on other sites More sharing options...
winkie Posted July 13, 2022 Share Posted July 13, 2022 22 hours ago, steve99 said: The current government and all their aspiring PMs to be are clueless about the real economy and its relationship to the real people who are actually and they should be governing for. Its all on paper to them, money transfers to cronies and tax havens and cuts in corporate tax (will make no difference to business but massive difference to anyone earing less than a mega wage). The middle will struggle, the 50% beneath the middle will suffer from being cold and penniless to destitution for the bottom 20% (either that or the landlords take their fair share of the pain) The middle who feel kinda well off will suffer the most if energy prices get out of hand.......it is like going back in time, rent food and fuel will take up much of an income.........like we look out for those now feeling the heatwave soon we will be looking out for those feeling the cold. Quote Link to comment Share on other sites More sharing options...
reddog Posted July 13, 2022 Share Posted July 13, 2022 2 minutes ago, winkie said: The middle who feel kinda well off will suffer the most if energy prices get out of hand.......it is like going back in time, rent food and fuel will take up much of an income.........like we look out for those now feeling the heatwave soon we will be looking out for those feeling the cold. Well the good news is there will be less money to prop up house prices Quote Link to comment Share on other sites More sharing options...
clarkey Posted July 13, 2022 Share Posted July 13, 2022 23 hours ago, cbathpc said: These energy price increases are actually very scary. There doesn't seem to be any solution, and you'd think the governments usual solutions - tax the middle paye workers / print more money would only make the problem worse, as even people in the middle are going to struggle with this. What actually happens here? Is this going to force a serious rethink on how we all live, or are we just going to get more sadface tabloid stories? Most people I know seem to carrying on partying, holidaying, no shortage of people eating out and at theme parks/other leisure stuff. Must be plenty of money around, either that or people have no idea of the iceberg they are about to get hit by. Not sure what the answer is and the government are clueless, cutting corporation tax seems to be all they are interested in Quote Link to comment Share on other sites More sharing options...
clarkey Posted July 13, 2022 Share Posted July 13, 2022 On 7/12/2022 at 9:14 AM, FivePoundLatte said: It's nice of the 'powers that be' to switch to 3 monthly price caps, not 6 monthly. It means they can pass on price rises much quicker to everyone. Good old tories No doubt will switch it back to 6 monthly if there is a hint of price falls Quote Link to comment Share on other sites More sharing options...
winkie Posted July 13, 2022 Share Posted July 13, 2022 1 hour ago, reddog said: Well the good news is there will be less money to prop up house prices Good......plenty of better ways to spend a dime. Quote Link to comment Share on other sites More sharing options...
Confusion of VIs Posted July 13, 2022 Share Posted July 13, 2022 (edited) 7 hours ago, fellow said: The problem with fracking is people only want it until a fracking well is planned anywhere near their home. The problems with fracking in the UK include the public don't want it there are no proven commercially exploitable deposits it would be near impossible to gain planning permission for the thousands of wells needed to make a difference we have no fracking industry or infrastructure Assuming all the above could be overcome it would still take +20yrs to develop the industry. As a result Fracking is a no more relevant to our short/medium term energy needs than the idea that we are going to build dozens of nuclear plants all over the country. Edited July 13, 2022 by Confusion of VIs Quote Link to comment Share on other sites More sharing options...
Riedquat Posted July 13, 2022 Share Posted July 13, 2022 7 hours ago, fellow said: The problem with fracking is people only want it until a fracking well is planned anywhere near their home. I'd take a fracking well nearby over a wind farm. Quote Link to comment Share on other sites More sharing options...
Nick Cash Posted July 13, 2022 Share Posted July 13, 2022 I decided to panic early. I bought 600kgs coal and 4 tons of kiln dried logs. £850. Quote Link to comment Share on other sites More sharing options...
sexton Posted July 15, 2022 Share Posted July 15, 2022 On 13/07/2022 at 22:31, Nick Cash said: I decided to panic early. I bought 600kgs coal and 4 tons of kiln dried logs. £850. Sounds cheap for the UK. Real tons or so called "ton" bags? Quote Link to comment Share on other sites More sharing options...
Tom_Herts17 Posted July 15, 2022 Share Posted July 15, 2022 I've been following the live UK grid generation figures for a while now. Ok, I admit it's so I can tell green-washed electric car drivers that they're on a cloudy, clam day they're actually running their vehicle on gas (or often coal). I try to stop myself doing it now - they are often just too dumb to understand. Anyway, today's interesting news is that the UK has recently started exporting a chunk of it's generation to France (2.5GW). Usually we'd import - is this because of the gas crisis in Europe as Nord Stream shuts down for "essential maintenance"? It will be interesting to see how this mix changes over time... Quote Link to comment Share on other sites More sharing options...
shlomo Posted July 15, 2022 Share Posted July 15, 2022 30 minutes ago, Tom_Herts17 said: I've been following the live UK grid generation figures for a while now. Ok, I admit it's so I can tell green-washed electric car drivers that they're on a cloudy, clam day they're actually running their vehicle on gas (or often coal). I try to stop myself doing it now - they are often just too dumb to understand. Anyway, today's interesting news is that the UK has recently started exporting a chunk of it's generation to France (2.5GW). Usually we'd import - is this because of the gas crisis in Europe as Nord Stream shuts down for "essential maintenance"? It will be interesting to see how this mix changes over time... French nuclear power stations are shut because they are dangerous Quote Link to comment Share on other sites More sharing options...
Brendan110_0 Posted July 15, 2022 Share Posted July 15, 2022 Had a nightmare with British gas changing to British gas energy. Didn't register I swapped to Price promise Sept 2022 (1 year fix), called them about it March 2022 still didn't do what was needed so called back again today, got the Price promise Sept 2022 now but from March 2022 - end of March 2023. Joint bill £129/month. Think that'll be a win considering the October shock due. Quote Link to comment Share on other sites More sharing options...
hughjass Posted July 15, 2022 Share Posted July 15, 2022 decided to panic early. I bought 600kgs coal and 4 tons of kiln dried logs. £850. Last time I heard Coal was £400 a ton, so how much is wood for a ton. Will that be your winter sorted ?? Where are you? I am a bit of a1/2 glass empty type of guy nad think its going to be very grim this winter lets hope for a mild one. Quote Link to comment Share on other sites More sharing options...
btl_hater Posted July 15, 2022 Share Posted July 15, 2022 I hope the potential new Tory leaders are ready to get their ears bent about this come November. Quote Link to comment Share on other sites More sharing options...
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