Scottish & Southern Energy to reduce gas & electricity prices

alared

British energy prices rising FOUR times faster than other EU countries


http://www.dailymail.co.uk/news/article-1110867/British-energy-prices-rising-FOUR-times-faster-EU-countries.html

There`s stacks of evidence about us being conned over energy prices.
You only have to Google.

KimYeovil

alared wrote: »

Are you saying the newpapers are telling a pack of lies as well as an MP?.

:rotfl: :T

mech_2

alared wrote: »

Are you saying the newpapers are telling a pack of lies as well as an MP?.

Oh dear oh dear oh dear. I ask for some evidence for Europe buying UK gas in the summer to sell back to us in the winter and I'm given a link stating the opposite. They've been buying expensive winter gas from the UK. It probably came from Norway anyway, so Britain has been selling continental gas to the continent. Where does "selling our own gas back to us" come into it?

Plus, predicting that I would get a link to the Daily Mail I ask for evidence that isn't from a tabloid and what do I get? A link to the Daily Mail. Hopeless. Absolute lunacy. Roflworthy.

Does anyone out there have any real evidence?

Cardew

alared wrote: »

British energy prices rising FOUR times faster than other EU countries


http://www.dailymail.co.uk/news/article-1110867/British-energy-prices-rising-FOUR-times-faster-EU-countries.html

There`s stacks of evidence about us being conned over energy prices.
You only have to Google.

http://forums.moneysavingexpert.com/showthread.html?t=1464689&highlight=daily+mail

storminbalder

Mech.

Are you seriously trying to suggest that the power companies are providing value for money?

How can you say this with a straight face?

Are you insane?

alared

mech wrote: »

Does anyone out there have any real evidence?

Yes,every person in Britain that receives a power bill:mad:

mech_2

storminbalder wrote: »

Mech.

Are you seriously trying to suggest that the power companies are providing value for money?

How can you say this with a straight face?

Are you insane?

"Value for money" is a subjective judgement. I haven't made a statement about "value for money". I have just expressed scepticism that Europe "sells our own gas back to us". I think this has no effect on our gas prices and I think it's a myth. I'm still looking for some sign that it actually happens which isn't a newspaper.

If you like you could buy a diesel generator for electricity and burn wood for heat if you really felt the utility companies weren't good value. Wood burners are trendy at the moment, though I think it's still a small minority of homes that have one. That's good though, because low demand means low prices for firewood. You're unlikely to be able to undercut mains electricity prices with a generator, even with agricultural red diesel and even if you ignore the purchase price and the hassle of buying/transporting fuel for it. But even if you didn't break even, I'd salute you for trying. It's much better to do something proactive than to moan all the time.

alared

http://www.oilvoice.com/column/Gas_and_UK_Gas_Storage/8cf5a3b1f3.aspx

“You can blame the European power giants for sky-high bills: They buy the gas we can’t store and sell it BACK”!

At the current time, UK storage capacity is only around 4% of annual consumption, compared with ~25% in France and ~20% in Germany and the USA: only the Netherlands, at 5%, is as low as the UK. Put another way, if there were to be a major supply disruption, the UK has only about 14 days of storage compared with around 90 in France and 77 in Germany: even if current UK storage projects go ahead, the UK would only have around 20 days storage. Also, the UK is unusual in being very dependent on a single facility – the Rough storage facility comprises more than 80% of UK storage capacity and 10% of peak demand.

tghe-retford

Sol00 wrote: »

I wonder if Ebico will follow soon.

We'll have to wait and see. The last time other energy companies reduced their prices, EBIco didn't. However, now that EBIco benchmark their prices against SSE, they may reduce their prices this time.

As the old adage goes, and the best way to see it in my opinion - "I'll believe it when I see it".

Pssst

mech wrote: »

I don't believe this happens at all. Please post some evidence that happens which isn't a tabloid newspaper.

I can certainly substantiate this statement.

When the industry was nationalised and run by the mighty British Gas Corporation,they did everything and had plenty of storage.

Now we have a sitaution whereby no one is really paid to store gas.

We have those who trade gas,
Those who deal with the consumer i.e the people who sell gas eg British Gas,Ebico etc etc

Those who transport it (but dont own it) eg National Grid

There has been a widescale program for a number of years of dismantling gas holders,cleaning up the sites on which they stood, and selling it off for development.
Its ongoing.

The storage will be reduced to a bare minimum to act as a buffer for the transmission and local distribution system.

Basically,there is no money in storing gas.


Gas companies just want to sell it

National grid just want to transport it.