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Energy bill hikes to last 17 more years - watchdog
MFW_ASAP
Posts: 1,458 Forumite
http://www.bbc.co.uk/news/uk-politics-24920026
"Consumers face 17 more years of above-inflation increases in energy and water bills as they help pay for the renewal of the UK's infrastructure, Whitehall's spending watchdog has warned.
The National Audit Office added that "gaps" in the official analysis meant government lacked "an overall picture of affordability".
It expressed particular concern about low-income households.
But the government said it was "committed" to keeping bills down.
Fuel costs have become a highly charged political issue in recent months.
Five of the UK's six main energy companies have announced price rises, at an average of 8.1%.
On Tuesday, EDF Energy became the latest provider to increase bills, by an average of 3.9%."
If nothing else it will encourage people to insulate their homes, fit energy efficient white goods and consumer products and fit water saving showers and toilets. It's no bad thing that energy bills are becoming more realistic and reflect the cost to the environment of generating all that energy, much of which goes to waste.
We're about to fit double glazing to our house at a cost of nearly £30k. With energy prices constantly rising, it won't be long before the windows pay for themselves (plus the other measures we have already installed).
"Consumers face 17 more years of above-inflation increases in energy and water bills as they help pay for the renewal of the UK's infrastructure, Whitehall's spending watchdog has warned.
The National Audit Office added that "gaps" in the official analysis meant government lacked "an overall picture of affordability".
It expressed particular concern about low-income households.
But the government said it was "committed" to keeping bills down.
Fuel costs have become a highly charged political issue in recent months.
Five of the UK's six main energy companies have announced price rises, at an average of 8.1%.
On Tuesday, EDF Energy became the latest provider to increase bills, by an average of 3.9%."
If nothing else it will encourage people to insulate their homes, fit energy efficient white goods and consumer products and fit water saving showers and toilets. It's no bad thing that energy bills are becoming more realistic and reflect the cost to the environment of generating all that energy, much of which goes to waste.
We're about to fit double glazing to our house at a cost of nearly £30k. With energy prices constantly rising, it won't be long before the windows pay for themselves (plus the other measures we have already installed).
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Comments
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http://www.bbc.co.uk/news/uk-politics-24920026
"Consumers face 17 more years of above-inflation increases in energy and water bills as they help pay for the renewal of the UK's infrastructure, Whitehall's spending watchdog has warned.
The National Audit Office added that "gaps" in the official analysis meant government lacked "an overall picture of affordability".
It expressed particular concern about low-income households.
But the government said it was "committed" to keeping bills down.
Fuel costs have become a highly charged political issue in recent months.
Five of the UK's six main energy companies have announced price rises, at an average of 8.1%.
On Tuesday, EDF Energy became the latest provider to increase bills, by an average of 3.9%."
If nothing else it will encourage people to insulate their homes, fit energy efficient white goods and consumer products and fit water saving showers and toilets. It's no bad thing that energy bills are becoming more realistic and reflect the cost to the environment of generating all that energy, much of which goes to waste.
why are high bills 'realistic'?
why is paying for windmills a good thing
why is paying large amounts of money to rich landowners a good thing
why is paying for new investment in water industry a good thing when repairing leakage is much cheaper0 -
http://www.bbc.co.uk/news/uk-politics-24920026
"Consumers face 17 more years of above-inflation increases in energy and water bills as they help pay for the renewal of the UK's infrastructure, Whitehall's spending watchdog has warned.
The National Audit Office added that "gaps" in the official analysis meant government lacked "an overall picture of affordability".
It expressed particular concern about low-income households.
But the government said it was "committed" to keeping bills down.
Fuel costs have become a highly charged political issue in recent months.
Five of the UK's six main energy companies have announced price rises, at an average of 8.1%.
On Tuesday, EDF Energy became the latest provider to increase bills, by an average of 3.9%."
If nothing else it will encourage people to insulate their homes, fit energy efficient white goods and consumer products and fit water saving showers and toilets. It's no bad thing that energy bills are becoming more realistic and reflect the cost to the environment of generating all that energy, much of which goes to waste.
We're about to fit double glazing to our house at a cost of nearly £30k. With energy prices constantly rising, it won't be long before the windows pay for themselves (plus the other measures we have already installed).
Nothing new about bills going up. Happened all my life.
Nothing new about having to pay for infrastructure.
What has changed is how that investment is paid for and by whom.
You can of course make your house thermally efficient and fit aaaa+ products(if you can) what then?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
http://www.bbc.co.uk/news/uk-politics-24920026
"Consumers face 17 more years of above-inflation increases in energy and water bills as they help pay for the renewal of the UK's infrastructure, Whitehall's spending watchdog has warned.
The National Audit Office added that "gaps" in the official analysis meant government lacked "an overall picture of affordability".
It expressed particular concern about low-income households.
But the government said it was "committed" to keeping bills down.
Fuel costs have become a highly charged political issue in recent months.
Five of the UK's six main energy companies have announced price rises, at an average of 8.1%.
On Tuesday, EDF Energy became the latest provider to increase bills, by an average of 3.9%."
If nothing else it will encourage people to insulate their homes, fit energy efficient white goods and consumer products and fit water saving showers and toilets. It's no bad thing that energy bills are becoming more realistic and reflect the cost to the environment of generating all that energy, much of which goes to waste.
We're about to fit double glazing to our house at a cost of nearly £30k. With energy prices constantly rising, it won't be long before the windows pay for themselves (plus the other measures we have already installed).
Won't the energy saving become a bit self defeating? The less energy that is used surely the greater the profit that the energy companies will seek to make per unit to maintain their bottom line whilst investing in new infrastructure.0 -
why are high bills 'realistic'?
We've had decades of subsidized energy from being a net energy exporter. As a consequence, the UK has some of the most energy inefficient housing stock in Europe. Now that we are energy importers we have to compete against other nations and our bills are going up. Our bills are still lower than most other countries in Europe, but they are rising all the time as the effect of North Sea oil dwindles. People should take this opportunity to invest in the thermal envelope of their buildings while we still have comparably cheap energy.why is paying for windmills a good thing
why is paying large amounts of money to rich landowners a good thing
why is paying for new investment in water industry a good thing when repairing leakage is much cheaper
No idea what you're going on about here, I never said anything about the topics above.0 -
grizzly1911 wrote: »You can of course make your house thermally efficient and fit aaaa+ products(if you can) what then?
Then you reap the benefits of much lower energy bills. It's not rocket science.0 -
chewmylegoff wrote: »Won't the energy saving become a bit self defeating? The less energy that is used surely the greater the profit that the energy companies will seek to make per unit to maintain their bottom line whilst investing in new infrastructure.
The less energy we use, the less we need to spend on infrastructure and the greater the percentage that can come from renewable sources. The less energy we use, the less we need to import and so the cheaper it becomes.0 -
The less energy we use, the less we need to spend on infrastructure and the greater the percentage that can come from renewable sources. The less energy we use, the less we need to import and so the cheaper it becomes.
The less we use the higher the cost of transmission per unit. The fixed overhead will remain.
The cost of renewables is high and they do not provide a energy consistently or on demand. An underlying base energy capacity capable of assuming near peak if required will always be required."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
There's a difference between profit made from domestic consumption and other parts of their company.chewmylegoff wrote: »Won't the energy saving become a bit self defeating? The less energy that is used surely the greater the profit that the energy companies will seek to make per unit to maintain their bottom line whilst investing in new infrastructure.
Domestic profit is quite low, it's the other parts of their business that need regulating.0 -
grizzly1911 wrote: »The less we use the higher the cost of transmission per unit. The fixed overhead will remain.
The cost of renewables is high and they do not provide a energy consistently or on demand. An underlying base energy capacity capable of assuming near peak if required will always be required.
The first bit is just plain wrong. Think about it, logically (a hint: Your second sentence contradicted your first).
The cost of importing energy and relying on other nations to supply it is already high (ask those Eastern Europeans who rely on Russia for their energy about security of supply). Renewables doesn't just cover wind power. The base energy capacity is not in dispute and is so obvious that its a moot point.0 -
Then you reap the benefits of much lower energy bills. It's not rocket science.
To reach that nadir requires significant expenditure.
Once reached you will indeed see payback over time whether that is ever achieved may be difficult to tell.
From that low point the cost will continue to rise and those aaaa+ products will need replacing.
You are in a position to make those choices many aren't or can't. I am sure your windows will look nice and no doubt you have since spreadsheet demonstrating how long payback will take."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0
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