SSE raises energy prices 8.2% just before winter....again.

Graham_Devon

Consumer groups are predicting that the UK's other major energy suppliers will raise prices after SSE announced an 8.2% increase in domestic bills.

SSE said its average annual dual fuel energy bill would rise by £106 to £1,380 on 15 November.

One industry expert described the move as "the final nail in the coffin for affordable energy", but SSE said that many costs were beyond its control.

The decision prompted fevered political debate over who to blame for the rise.

Citizens Advice is expecting an "avalanche" of increases but has called on the other energy firms to freeze prices.

"This price rise will be a blow for stretched budgets," said the charity's chief executive Gillian Guy.

"I hope other energy firms show an understanding of their customers' financial situation by not raising their prices this winter.

"Many households are facing a daily battle try to make their frozen incomes cover mounting energy, food and travel costs. Further increases will push people into poverty."

You can pretty much bet your bottom dollar this has opened the gates for all the other suppliers.

And they can't really blame the wholesale price this time...



http://www.bbc.co.uk/news/business-24475868

purch

Graham_Devon wrote: »

And they can't really blame the wholesale price this time...

Well they are.....along with the Government for making them pay for all the eco stuff they are obliged to do.

headcone

Well, it looks like the move to a new supplier with a fix until march 2017 that I did last night was a good one.

But for goodness sake I already know a number of people who are struggling already so this is really going to hurt them.

I am beginning to hate this country.

CLAPTON

headcone wrote: »

Well, it looks like the move to a new supplier with a fix until march 2017 that I did last night was a good one.

But for goodness sake I already know a number of people who are struggling already so this is really going to hurt them.

I am beginning to hate this country.

why do you hate the country?

is that because we are doing too little to stop climate change and the inevitable Armageddon

or you would like the production of carbon producing energy to be encouraged by reducing energy prices?

Graham_Devon

CLAPTON wrote: »

why do you hate the country?

is that because we are doing too little to stop climate change and the inevitable Armageddon

or you would like the production of carbon producing energy to be encouraged by reducing energy prices?

How about we charge those who can afford to pay such green taxes? Like yourself? It's obviously a concern of yours, so presumably you wouldn't mind paying some more considering you can afford it?

That way, those living hand to mouth each month who wouldn't simply use more energy and polute more (as they don't have the money to do so), would finally get a break?

The only people who would use more energy due to lower prices are those who have enough money to do so. So tax them.

CLAPTON

Graham_Devon wrote: »

How about we charge those who can afford to pay such green taxes? Like yourself? It's obviously a concern of yous, so presumably you wouldn't mind paying some more considering you can afford it? That way, those living hand to mouth each month who wouldn't simply use more energy and polute more (as they don't have the money to do so), would finally get a break?

The only people who would use more energy due to lower prices are those who have enough money to do so. So tax them.

I asked a question of why some-one is beginning to hate the UK and didn't give an opinion about energy prices.

And anyway I didn't really understand what you are trying to say.

Thrugelmir

Graham_Devon wrote: »

And they can't really blame the wholesale price this time...

What have August prices got to do with it? Prices fall in the summer. What are the markets pricing for the coming winter? Given the UK import's over 52% of it's gas requirement.

Graham_Devon

CLAPTON wrote: »

I asked a question of why some-one is beginning to hate the UK and didn't give an opinion about energy prices.

And anyway I didn't really understand what you are trying to say.

You suggested that the production of carbon would accelerate should energy prices reduce.

What I am putting to you is that the only people who would accelerate carbon production are those who have the money available to simply use more energy as prices have reduced.

For everyone else who doesn't have the money to waste, it would be a welcome break.

Therefore, if you think we need to increase taxes to reduce carbon production, aim those taxes at the richer people;. The ones who will be using more energy in the first place.

While a flat rate does that, the sort of problems we now face as a country due to escalating energy bills suggests that the green policy (which does actually subsidise many of the richest in the country on their windmill and solar panel installations) suggests the green energy taxation policy should be looked at again.

Start charging those who use the most more. Like those who heat their swimming pools.

Graham_Devon

Thrugelmir wrote: »

What have August prices got to do with it? Prices fall in the summer. What are the markets pricing for the coming winter? Given the UK import's over 52% of it's gas requirement.

Nothing much. Its looking at prices over a few years. I assume August was simply the last dataset.

Bill prices are obviously outpacing wholesale prices.

CLAPTON

Graham_Devon wrote: »

You suggested that the production of carbon would accelerate should energy prices reduce.

What I am putting to you is that the only people who would accelerate carbon production are those who have the money available to simply use more energy as prices have reduced.

For everyone else who doesn't have the money to waste, it would be a welcome break.

Therefore, if you think we need to increase taxes to reduce carbon production, aim those taxes at the richer people;. The ones who will be using more energy in the first place.

While a flat rate does that, the sort of problems we now face as a country due to escalating energy bills suggests that the green policy (which does actually subsidise many of the richest in the country on their windmill and solar panel installations) suggests the green energy taxation policy should be looked at again.

Start charging those who use the most more. Like those who heat their swimming pools.

in general I think that lower prices increase demand and higher prices cause demand to fall; while there are exception I don't believe that energy consumption is one of those.

clearly you disagree


and as charges are based on price per unit x usage; those that use more, pay more

shortchanged_2

What I want to know is why are the annual or bi annual rises always massively higher than the rate of inflation.

Only one small reduction over the past couple of years.