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Energy Companies Price Rise Petition

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  • moonrakerz
    moonrakerz Posts: 8,650 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Eh? M&S is an overpriced monolith

    OK, then;_

    "Budget retailer Primark has beaten the high street downturn with a 22 per cent increase in operating profit to £111 million"

    Disgraceful, obscene, rip off !.
  • moonrakerz
    moonrakerz Posts: 8,650 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Mazio wrote: »
    Good for them then why havent we enough gas storage facilities in this country oh I forgot its because we need to give vast amounts of money from the turn over to the investers, shareholders and the boards!

    Of course M&S will try to get as much profit as they can but consumers can go else were which restricts thier margins in a real competative market.

    There will always be fools who will waste energy as well as everything else in this world but I suggest there are many more who do not .

    Also why oh why so many different tarifs if not to confuse and catch people out.

    You like many others don't seem to be capable of seeing beyond the end of your short-sighted nose.

    The reason we don't have sufficient gas storage is because the Governments didn't insist on it ( a la belle France!).
    If YOU were running an energy company would you spend millions you didn't have to ? Especially if the millions you didn't spend were going to put another million on your end of year bonus.

    Of course the bosses of these companies try and confuse people - that's why they are paid millions - and you're not !
    Why the rabid hatred of these evil "investers" (sic)? If people didn't invest in these companies (mainly pension funds !) the companies wouldn't exist. It's these investors who keep half the population of this country in work.
  • moonrakerz wrote: »
    OK, then;_

    "Budget retailer Primark has beaten the high street downturn with a 22 per cent increase in operating profit to £111 million"

    Disgraceful, obscene, rip off !.


    Now, they are on the opposite end of the scale but we all know why they can sell so cheaply...don't we?

    MR, your argument was and still is extremely flawed. You just cannot compare a fashion or indeed a fashion and food retailer to an energy company! I'm hoping I don't have to explain the reasons in full (I'm hoping you are playing Devil's Advocate here) but I suppose I will if I must...
    Call me Carmine....

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  • Altarf
    Altarf Posts: 2,916 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    The French pay in Euros, not pounds and we can only truly compare prices if we both paid in the same currency.
    I disagree and can see that any argument I put forward that the French have higher fuel bills irrespective of the current exchange rate will be dismissed with the same comment, so I will stop now.
    Altarf, I'm trying to get to the tariff you are on with EDF but not succeeding. My sister is in Stanford Le Hope with a SS17 postcode (so I'm planning to tell her about it!) and that's not bringing it up. Is she classed as Eastern Region?
    She needs to at her MPAN and then check here - http://www.ebico.co.uk/html/c_faq.php#q13
    All I'm getting is a BG-esque standard rate, Price Protection 2009 and Climate Balance, none of which's rates are in any way approaching your deal. Any ideas how to get it showing? TIA!
    I just took the price off the price increase letter I got from EDF. So those prices are post-increase.
    Edit: I'm also having a devil of a job getting those figures you quote from the EDF France site (I suppose not being fluent in French may be a hindrance here!). I keep putting the 75001 postocode in that you used but the next screen that appears would appear to be telling me to ring them on a freephone number and no prices appear on screen. What am I doing wrong, please?
    Try Google Translate. The electricity prices are at the top of the page and don't require a postcode, the gas ones appear at the bottom. I randomly picked a postcode of central Paris.
  • So the French EDF prices are not dual fuel ones? And the tariff you are on is now no longer available? Incidentally, it's still entirely possible for UK dual fuel customers to make savings of 50% and that's without even changing supplier, i.e. some people are paying 50% more for their fuel than other people....in the UK.

    And I must have missed it but I haven't seen you 'debunk' my exchange rate theory so how can you simply say I won't accept any argument? Try one, I've apologised in the past when proved wrong and am only too happy to do so again. Are you saying that, if you'd done the same exercise last year it would have looked like the French were still paying 48% more for their fuel?

    PS have you checked that the Paris region is equivalent to your region, i.e. it offers the cheapest tariff rates in France?
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
  • Ice_2
    Ice_2 Posts: 3,486 Forumite
    it pees my off that as soo as someone shouts credit crunch everyone has to jump on the band wagon...I don't believe for one minute that things are going up...its just greedy fat cats that are enjoying any of this...
    life sucks...

    Plans for 2009
    1/ Get fit. 2/ Get my figure back. 3/ Get the MAN BACK! :kisses2::happylove
    contrary to popular belief, I am all Woman.
  • Mazio_2
    Mazio_2 Posts: 347 Forumite
    moonrakerz wrote: »
    You like many others don't seem to be capable of seeing beyond the end of your short-sighted nose.

    The reason we don't have sufficient gas storage is because the Governments didn't insist on it ( a la belle France!).
    If YOU were running an energy company would you spend millions you didn't have to ? Especially if the millions you didn't spend were going to put another million on your end of year bonus.

    Of course the bosses of these companies try and confuse people - that's why they are paid millions - and you're not !
    Why the rabid hatred of these evil "investers" (sic)? If people didn't invest in these companies (mainly pension funds !) the companies wouldn't exist. It's these investors who keep half the population of this country in work.

    Thats why they need rugulating and the goverment (even though its late) should now force the issue of investing in the infastructure as the companies will only do what they have too.
    I have not once stated they are evil "investers" or hatred for them all I keep saying is this is not the high street with high street competitions and they need control or like any company they will flaunt the situation to their own benifit the problem is we as consumers have no where to go.
    May I suggest it is you who are short sighted as the situation we have now is no good and cannot stay as it is.
    Look after the pennies and the pounds will spend themselves
  • I've thought of a simpler way to explain my exchange rate theory. I have friends who have been on package holidays this Summer. They all came back with the same story - their money didn't go as far as it did on last year's holiday. In many instances prices have remained the same but our weak pound means that these commodities 'cost more'. Do these same commodities cost more for the residents of these countries even if the price hasn't actually risen? Err, no. They get paid (and pay for things) in Euros, the only time these commodities would cost them more is if the price increased...or they got paid in pounds and had to convert it to Euros before buying anything.
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
  • Altarf
    Altarf Posts: 2,916 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    So the French EDF prices are not dual fuel ones?
    Yes they are. Why don't you read what it says on their webpage.
    And the tariff you are on is now no longer available?
    They are on a letter received a few days ago. They are the current increased prices that EDF are charging their customers.
    Incidentally, it's still entirely possible for UK dual fuel customers to make savings of 50% and that's without even changing supplier, i.e. some people are paying 50% more for their fuel than other people....in the UK.
    I haven't the faintest idea what you are rambling on about, but the figures were French EDF dual fuel compared to UK EDF dual fuel.
    And I must have missed it but I haven't seen you 'debunk' my exchange rate theory so how can you simply say I won't accept any argument?
    Because your initial argument was that the weak pound was causing the difference, and when I pointed out that it would need to be €2=£1 to be the same price, your argument changed to "The French pay in Euros, not pounds and we can only truly compare prices if we both paid in the same currency."

    If you really do think that you cannot compare the value of goods and services between two countries because they use different currencies, then .. I am sorry I don't know what to type without causing offence.
    Are you saying that, if you'd done the same exercise last year it would have looked like the French were still paying 48% more for their fuel?
    Find the figures for last year and prove me wrong.
    PS have you checked that the Paris region is equivalent to your region, i.e. it offers the cheapest tariff rates in France?
    It was picked as a random postcode. If you think that it is cheaper elsewhere why don't you check. Or can you still not work the French EDF website?
  • You don't appear to be getting this (or perhaps you are but don't wish to admit your error, I note Cardew hasn't been back to follow up on his comment last night implying I was being illogical). The weak pound has absolutely no bearing on how much the FRENCH pay for their fuel! I'm not sure how I can make this any simpler. Are you saying if there was 2 Euros to the pound, that our energy prices would be cheaper than the French, even though the rates you mentioned in your original non-scientific experiment were exactly the same?

    I also have to make the point that I have tried to put my point across several times now as to why I believe I am right and you are wrong whereas all you have done is skirt round the issue and hint that, if you were to put a counter argument it would be rude or disrespectful. No problem, you have my permission to be as rude/disrespectful as you wish (you wouldn't be the first to respond to me in that way, lol). At least have a go...

    Here's a question; if we experienced another Black Monday tomorrow, and the pound plummeted a further 20% against the Euro, would that mean that the French, by the end of currency trading tomorrow, were paying approx 70% more for their gas and electric than us?


    PS Has anybody else got any thoughts on this? Like I have said, if I'm proved wrong I will apologise...
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
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