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How do commercial energy tariffs work?
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"An energy price cap should be put in place to support small and medium firms from spikes in costs, the British Chambers of Commerce (BCC) has said."
https://www.bbc.co.uk/news/business-58852612How's it going, AKA, Nutwatch? - 12 month spends to date = 3.24% of current retirement "pot" (as at end December 2025)0 -
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Just listened, thanks.
Pub Landlord on there, saying his bill is going to go from c.£600 pm, to almost £2500 pm!!!😲 after his supplier has gone bust and he's been moved to BG.
His standing charge is increasing from 29ppd to £1.49 pd.😲
Day rate 20p to 42p and evening rate 19p to 32p (I assume that's electric pkwh)
They've survived Covid but might not survive this!!
☹️How's it going, AKA, Nutwatch? - 12 month spends to date = 3.24% of current retirement "pot" (as at end December 2025)0 -
Oh and his VAT is 20%, rather than 5%.How's it going, AKA, Nutwatch? - 12 month spends to date = 3.24% of current retirement "pot" (as at end December 2025)0
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Companies don't pay VAT, customers do, but its another nail in the coffin unless customers are happy with paying more for a pint.
Report this morning was of a business owner quoted 8 times his current contract price for a long term fixed rate.0 -
daveyjp said:Companies don't pay VAT, customers do,
My understanding is that companies pay it but (if registered for VAT, which not all companies are) they can reclaim it.....
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