MSE News: EDF to hike gas and electricity prices by 3.9% from January

spot1034

stephen0002002 wrote: »

I am definately going to fix its a nobrainer.With people looking round for best rates it will (hopefully) make the market more competitive in the next few years.
There seems to be very little "control" over power companies ~ they need to put customers before shareholders.
It sounds to me like Mr.Milliband is willing to take them on so I will vote Labour next general election. It's time Joe-Public started fighting back.

The same Mr Miliband of whom you speak is the person who, when energy secretary in the last government, signed an agreement to close down our cheap coal fired power stations and replace them with more expensive alternatives. He was the person who effectively gave the suppliers permission to put prices up significantly to cover the move to new forms of energy generation and decided to load bills still further with what are now called green levies, covering a number of social obligations which most people would think to be the natural responsibility of government, not the people whose job is to supply energy.

He might well have forseen that the effect of all this would really kick in during a period when his party was likely to be out of office, though whether he imagined himself to be leader by such a time might be crediting him with a bit too much foresight. Whatever the truth on that last point, he is playing a clever but very devious political game.

Ask him whether he thinks energy prices will be lower that they are now if he becomes Prime Minister and he will not answer - because he knows very well that prices will continue to rise.

Yorksport

stephen0002002 wrote: »

I am definately going to fix its a nobrainer.With people looking round for best rates it will (hopefully) make the market more competitive in the next few years.
There seems to be very little "control" over power companies ~ they need to put customers before shareholders.
It sounds to me like Mr.Milliband is willing to take them on so I will vote Labour next general election. It's time Joe-Public started fighting back.

Well, fixing certainly means you won't have a price rise until your term ends but variable is usually cheaper if you switch around. I'm surprised more mention isn't made of First Utility's variable - they have pledged not to increase prices until next March. Hopefully, people have always looked around for the best rates - that was the main aim of privatisation after all. I think I've been with all the companies over the years, it's so easy and satisfying to switch when they increase prices. I wouldn't give your heart to Mr Milliband - he may well be on another track by then.

MillicentBystander

It seems like EDF have come up with this lower rise because they aren't adding the Govt's Green Levy so expect them not to reduce their bills when Call Me Dave eventually takes them off energy bills. There's always a flipping catch, isn't there?

lstar337

MillicentBystander wrote: »

It seems like EDF have come up with this lower rise because they aren't adding the Govt's Green Levy so expect them not to reduce their bills when Call Me Dave eventually takes them off energy bills. There's always a flipping catch, isn't there?

Are you sure?

In their statement EDF claim 'renewable energy obligations' which I imagine are the green levies, are partially responsible for the 3.9% rise.

MillicentBystander

lstar337 wrote: »

Are you sure?

In their statement EDF claim 'renewable energy obligations' which I imagine are the green levies, are partially responsible for the 3.9% rise.

Straight from the head honcho's mouth.

EDF Energy is to raise its average gas and electricity bills by 3.9% from January 3 - a lower increase than its rivals - in a move that raises pressure on the Government to help bring down household costs.
The company - the fifth of the so-called Big Six firms to announce a winter increase - said its decision was conditional on David Cameron delivering on his pledge to "roll back" so-called green levies.

http://news.sky.com/story/1167341/energy-bills-edf-confirms-3-9-percent-average-rise

lstar337

MillicentBystander wrote: »

Straight from the head honcho's mouth.

http://news.sky.com/story/1167341/energy-bills-edf-confirms-3-9-percent-average-rise

Don't need any more proof than that!:D

Newaccount

spot1034 wrote: »

The same Mr Miliband of whom you speak is the person who, when energy secretary in the last government, signed an agreement to close down our cheap coal fired power stations and replace them with more expensive alternatives. He was the person who effectively gave the suppliers permission to put prices up significantly to cover the move to new forms of energy generation and decided to load bills still further with what are now called green levies, covering a number of social obligations which most people would think to be the natural responsibility of government, not the people whose job is to supply energy.

He might well have forseen that the effect of all this would really kick in during a period when his party was likely to be out of office, though whether he imagined himself to be leader by such a time might be crediting him with a bit too much foresight. Whatever the truth on that last point, he is playing a clever but very devious political game.

Ask him whether he thinks energy prices will be lower that they are now if he becomes Prime Minister and he will not answer - because he knows very well that prices will continue to rise.

Also the same Mr Miliband who claimed for some of his power usage on expenses!


Admittedly at nowhere near the level of the Tory joker who claimed a fortune for heating his stables .

Road_Hog

MillicentBystander wrote: »

Are the Milliband haters also going to blame him for this rise lol? How much would it have been if he hadn't put a very bright spotlight on this most distrusted of industries, I wonder?

It would be much less if as energy minister he hadn;t brought in all the so green energy taxes.

Road_Hog

stephen0002002 wrote: »

I am definately going to fix its a nobrainer.With people looking round for best rates it will (hopefully) make the market more competitive in the next few years.
There seems to be very little "control" over power companies ~ they need to put customers before shareholders.
It sounds to me like Mr.Milliband is willing to take them on so I will vote Labour next general election. It's time Joe-Public started fighting back.

Yes, of course, NeoLabour will sort it, after all miliband gave us the green taxes and it was under NeoLabour that we had the whole climate change scam. NeoLabour bankrupted the country, with Gordon Brown promising to abolish any boom or boom and bring us bust. Plus they took us into a couple of wars, voted through the Lisbon Treaty despite saying that they'd give us a referendum.

Miliband couldn't take on his own shadow.

john_holmes

I'm between the devil and the deep blue sea at present, my EDF blue price promise is ending april 2014 but no-one is giving me advice as to whether to stick with it or grab a new long term promise now taking me to 2017