The facts of the energy crisis are that the average dual fuel bill for gas and electricity will, in October 2022, be double that paid by folk before April 2022.Continue readingIt is not the energy crisis that will kill the old and vulnerable this winter, it’s the hysteria happening right now.
Tag: #electricitybills
It’s obvious that Sunak’s £400 “universal assistance” was yet another ill considered action
In April, Portugal and Spain requested permission from the EU to cap the price of wholesale natural gas around the 40 Euro mark. The EU agreed the action and theContinue readingIt’s obvious that Sunak’s £400 “universal assistance” was yet another ill considered action
What happens to UK electricity prices in 2023?
Cornwall Insight’s prediction of a rise in the energy price cap to £3,582 a year from this October (a rise of 82%), and a further rise in January 2023 toContinue readingWhat happens to UK electricity prices in 2023?
The electricity price rise in January 2023 will be around 20% and the energy price cap will rise to £4,266 a year
In October the UK will see a KWh of electricity rise to 50p per hour. The energy price cap will be around £3,582 and that will be a 81% riseContinue readingThe electricity price rise in January 2023 will be around 20% and the energy price cap will rise to £4,266 a year
Heatpumps use loads of electric, just ask a Norwegian
A standard heatpump uses around 3KW of electric and they’ve been hailed as the saviour of the planet, most noticeably by the UK Government. Boris Johnson talked of little elseContinue readingHeatpumps use loads of electric, just ask a Norwegian
I’ve just bought a solar panel and controller, I suggest you do the same
Well, I’ve finally done it. I bought a 300w solar panel and a charge controller and I’m messing about learning how this technology can be incorporated into my lifestyle. IContinue readingI’ve just bought a solar panel and controller, I suggest you do the same
25% of your energy bill is not “Green Tax”
Many folk talking about “green levies” or “green tax” on energy bills. “We could save 25% off our energy bills if we had no green levies”, they say. Stop it.Continue reading25% of your energy bill is not “Green Tax”
Ofgem changes energy price cap changes to every three months (was every six months)
In April, energy prices rose by 54% under Ofgem’s energy price cap, over the next six months, increases in the wholesale price of gas led to a 77% increase inContinue readingOfgem changes energy price cap changes to every three months (was every six months)
Will interest rates rise to 1.75% today (or will they go higher)?
The Bank of England meets today to determine if interest rates need to be higher than the current rate of 1.25%. We will know shortly what they’ve decided, but theContinue readingWill interest rates rise to 1.75% today (or will they go higher)?
UK businesses are going bust at record levels
Company insolvencies are 81% higher than the same time last year. Between the 1st April and 30th June 2022 (Q2 2022), there were 5,629 (seasonally adjusted) registered company insolvencies, comprisingContinue readingUK businesses are going bust at record levels