Energy comes at a very high price - get over it.

antrobus

TruckerT wrote: »

I can't really see the relevance of your link. It seems to confirm the idea that the human race is happy, and increasingly able, to destroy anything in its path.

TruckerT

It provides valuable information regarding the reasons why you should not try and hug a polar bear. Even if you haven't been to Eton.

markharding557

If the politicians could put their heads together then they might get somewhere but as ever point scoring is far more important to them.

Thrugelmir

TruckerT wrote: »

It seems entirely reasonable to me that the biggest users of conventional fuel should bear the biggest part of the cost of converting to renewables.

TruckerT

Then the Government of the day ends up dispensing winter fuel allowances at enormous cost. Which wastes yet more taxpayers money.

Over a £100 a year per average household in green taxes seems rather excessive.

dealer_wins

Energy prices are a bargain, give it 15-20 years and unless we go fracking mad, or crack nuclear fusion, they will be 10 times + higher!!

TruckerT

It is interesting that the only publicly broadcast response to the select committee which was not entirely predictable, and could have been written in advance by any one of us, was the comment from the Bozo lot (or was it Ovo - does this suggest Eggs, Bovril, or a well-known Malt Drink?). The guy from Ovo said that he was paying less for his fuel now than he was paying a year or two ago.

But there has been a strange absence of any further comment or debate from the media, except that in the Times today, a columnist suggested that Bozo had increased their prices by 7% earlier this year because of wholesale price increases.

The Geordie labour MP who angrily suggested that that the energy suppliers should slash their prices for the simple reason that their customers could ill-afford their products should be offered some re-training.

To whom can we turn for a sensible exploration of the reasons for the current situation?

TruckerT

kaya

Energy comes in at a small fortune if one of your other companies deals with the transportation of the energy and charges your retail outlet a small fortune for their services , they are like the middlemen in between the gas wholesaler and the energy companies, my wife works in commercial gas sales , it's not the cost wholesale or the profit made on the retail end it's the inbetweeners who are normally owned by the retailers anyway

TruckerT

kaya wrote: »

Energy comes in at a small fortune if one of your other companies deals with the transportation of the energy and charges your retail outlet a small fortune for their services , they are like the middlemen in between the gas wholesaler and the energy companies, my wife works in commercial gas sales , it's not the cost wholesale or the profit made on the retail end it's the inbetweeners who are normally owned by the retailers anyway

Hopefully this will become increasingly clear as the various inquiries continue.

TruckerT

CLAPTON

kaya wrote: »

Energy comes in at a small fortune if one of your other companies deals with the transportation of the energy and charges your retail outlet a small fortune for their services , they are like the middlemen in between the gas wholesaler and the energy companies, my wife works in commercial gas sales , it's not the cost wholesale or the profit made on the retail end it's the inbetweeners who are normally owned by the retailers anyway

I understood that cost of transportation was regulated.

TruckerT

CLAPTON wrote: »

I understood that cost of transportation was regulated.

The cost of transportation is quoted by the suppliers as one of the inflationary causes of increasing energy bills.

In what way is it regulated?

TruckerT

CLAPTON

TruckerT wrote: »

The cost of transportation is quoted by the suppliers as one of the inflationary causes of increasing energy bills.

In what way is it regulated?

TruckerT

The price is determined by the regulator (and is the main function of OFGEM) unlike the end price which is determined by the retailers.

Probably the cost has hidden 'green subsidies ' included.