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
Tag: #energybills
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
Net Zero: Wage war on fossil fuel energy companies and fuel poverty becomes the norm
The wholesale price of energy is driving inflation around the world, but why is wholesale energy so expensive all of a sudden? The simple fact is that western countries haveContinue readingNet Zero: Wage war on fossil fuel energy companies and fuel poverty becomes the norm
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”
Prices will not be going down, so, get used to it
Years of Quantatative Easing and low interest rates, plus the illogical lockdowns, have combined to produce high inflation, unaffordable energy prices and high(er) interest rates. Many people are bemused, theyContinue readingPrices will not be going down, so, get used to it
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
The G7 wants to cap Russian gas prices. I think the UK should cap Centrica, BP, and other generators.
It was only a short while ago that Boris Johnson the Prime Minister of the United Kingdom met up with other G7 leaders in Madrid. They came up with aContinue readingThe G7 wants to cap Russian gas prices. I think the UK should cap Centrica, BP, and other generators.