Household bills are set to go up yet again, with energy companies set to be allowed to charge an extra £800 per year.
Around 22 million customer pay for their energy using this price cap. The level is updated twice a year and tracks wholesale energy and other costs. ‘Gas prices are higher and highly volatile. At times they have now reached over 10 times their normal level.
What's the fucking point in ofgem
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Energy boss warns bills could soar to £3,000 a year at price cap rise in OctoberE.ON Chief Executive Michael Lewis said predictions that the annual energy price cap could rise to between £2,600 and £2,800 in October were in the 'right ballpark' He should slash prices then. Simple! Eon are one of those who don't just bill, but generate the power they sell too It's entirely within Eon's power to just charge less PippaCrerar EU countries have capped the cost of utilities to around 5%, yet UK Government allowed the increase up to 53%. It’s ridiculous, clearly there has been lobbying going on and deals done. that is suggesting a 32% rise in october
Source: The Mirror - 🏆 136. / 51 Read more »
Energy bills set to soar by almost £1,000 in October, says OfgemOfgem has said the energy price cap will likely rise again by almost £1,000 in October. That will not be getting paid. Here’s the real story. Millions and millions of people can’t afford to live and yet today the media is talking about Boris having a glass of wine 2 years ago 🤦♀️ I feel sorry for beauticians, Masseuses or whatever they're called, nail technicians, pubs! Anyone that sells a non essential service. People won't be able to afford luxuries like that anymore. I know the government don't care anymore,but the economy is going 2b completely effed.
Source: LBC - 🏆 17. / 74 Read more »
State pension panic: £2,600-a-year energy bills due in October – over a quarter of incomeENERGY BILLS of up to £2,600-a-year are due to hit in October, amounting to more than a quarter of the state pension.
Source: Daily Express - 🏆 26. / 68 Read more »
UK should expect high fuel bills for at least 18 months, E.ON boss saysMichael Lewis calls for substanstial government intervention to help people deal with costs GREED GREED GREED ...because we need to rip off the public for as long as we can. Function harder slaves!
Source: Guardian news - 🏆 28. / 68 Read more »
Couple halve their monthly bills by ditching renting to live on a narrowboatA couple have managed to halve their monthly bills by ditching renting to live on a narrowboat. They went from paying £1,000 a month for rent and bills to just £550 in loan payments on the boat purchase. IT SHOULDN'T HAVE TO FUUUCKING COME TO THIS!!! Energy companies just greedy as fuuuck wanting more profit, profit, profit!!! DISGUSTING! At least they can move (?)
Source: MetroUK - 🏆 13. / 82 Read more »
UK should expect high fuel bills for at least 18 months, E.ON boss saysMichael Lewis calls for substanstial government intervention to help people deal with costs Interesting how 1 of the big 6 states that we will have very high bills in the next 18 months- just how big was E.on’s profits this later quarter SSE made £160 million+ in half yearly profits to October 2021. Why can't they use that, plus any profits to March 2022 to reduce prices? A German owned company tells UK consumers their fuel bills will be very high😂😂 What’s new, the UK is the cash cow of every foreign company due to every UK asset having been sold by successive governments … We’re the victims of this tomfoolery🤬
Source: The Guardian - 🏆 84. / 53 Read more »