Liz Truss has been presented with an estimate that gas producers and electricity generators in the UK will make excess profits in excess of £170 billion over the next twoContinue readingWhy no windfall tax? Energy Companies will make £170 billion in excess profits over the next two years
Tag: #electricitybills
£4,483 energy subsidy for every household in the UK
The Liz Truss energy plan designed to “freeze” the unit cost of electriciy and gas until April 1st 2024 will cost £4,483 for every household in the UK. Now, itContinue reading£4,483 energy subsidy for every household in the UK
The countdown to hyperinflation starts at 12:30pm
It is very worrying that the media are hinting that Liz Truss plans a £100 billion bailout of energy companies this Winter. Keir Starmer’s plan was bad enough, but, itContinue readingThe countdown to hyperinflation starts at 12:30pm
Solar panels on every rooftop in UK is the ONLY solution
The wholesale price of natural gas is sky high. This is due to the lockdowns collapsing demand. After the lockdowns ceased, the energy companies didn’t increase supply. This was dueContinue readingSolar panels on every rooftop in UK is the ONLY solution
Care Homes may have to shut down due to rising energy and food costs
The energy crisis is starting to cripple businesses in the UK. Businesses do not have their energy prices capped and there are now many instances of energy price rises aroundContinue readingCare Homes may have to shut down due to rising energy and food costs
Checkmate. The UK economy is Sunakered
The UK has a problem with high rates of inflation (officially 10.1%), unaffordable energy prices (from Oct 1st, electric will be 52p per KWh and gas 15p per KWh), publicContinue readingCheckmate. The UK economy is Sunakered
A person paying for energy by prepayment meter was paying on average £125 a month last year, from October 1st, it’ll be £625
Prepayment meters are the most expensive way to purchase gas and electric in the UK and there are 4.5 million customers paying upfront in this way. The meters have dailyContinue readingA person paying for energy by prepayment meter was paying on average £125 a month last year, from October 1st, it’ll be £625
Boris Johnson thinks the solution to The Energy Crisis is to buy a new kettle
We haven’t heard much from Boris Johnson over the last few weeks, and now we know why. Looks like he’s been working hard to come up with solutions for hardContinue readingBoris Johnson thinks the solution to The Energy Crisis is to buy a new kettle
Wipeout: UK’s small business sector has only a few months left
It’s surprising how many people don’t know that small business energy prices are NOT capped. Many people also don’t know that any losses from the domestic market caused by theContinue readingWipeout: UK’s small business sector has only a few months left
Ofgem has banned energy suppliers from backbilling for energy supplied over twelve months ago
As we head towards a forecast £1 per KWh for electricity in April 2023, and will definitely be paying 52p per KWh for electricity and 15p per KWh for gasContinue readingOfgem has banned energy suppliers from backbilling for energy supplied over twelve months ago