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Rising Energy Prices

Hi

Interesting BBC article on the 'Energy Market'

The huge price increases are hitting peoples budgets, debts & finances hard

Will anything change? Cannot see it myself

Hard times

http://www.bbc.co.uk/news/business-24730122

My views

Comments

  • sourcrates
    sourcrates Posts: 32,525 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Well, we haven't got gas, we have oil, and you cant pay for that on a monthly basis, you gotta fork out all at once and 500L costs around £350 depending where you live, big chunk all at once, and you need to fill up on average 3 times a year, electric managed to get on a really good fixed deal till 2016 so that's not to bad, just the oil a pain really.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
  • I can't do much to reduce electricity consumption (fortunately only at £180 last year, so can cope with an extra £18-ish) but, thanks to a deep layer of loft insulation that went in recently, my daily gas usage, over the last quarter, has been almost half what it was, over the same period last year.

    fingers_crossed.gif this year's combined energy costs will be no higher (perhaps even a bit lower) than last year's.
  • Hi

    Electric and gas I am afraid

    We are considering opening up the old fireplace in the front room and having an open fire again

    Maybe burn a few logs and a bit of cheap solid fuel (mostly at night so the smoke out the chimney is not spotted:)

    Seriously the open fire used to give out some real heat and looked the part - long time ago since I used to get the solid fuel free when working in another industry:)

    Maybe this industry will someday make a comeback, tough, but great times
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