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News: Energy bills to rise by £700/yr for many | Chancellor unveils up to £350 households support

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  • Mylo0811
    Mylo0811 Posts: 28 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    edited 4 February 2022 at 12:39AM
    Apologies if this shouldn’t be posted here, wasn’t sure where to ask.

    I’m currently a full time student, and working 2 jobs part time along side. I’m quite worried about the rise in bills. My Gas & Electric is already up £60 a month. Once I’m back on placement I have to cut my hours in work to fit in the full time placement hours, so I’ll be down even more. Don’t get paid for placement obviously.

    As I’m as student I won’t benefit from the £150 rebait, as I don’t pay council tax (students don’t have to). Im still paying my way on my own and working hard to do so. Im 30, a mature student, lost both my parents so don’t have the financial support of them. I assume I have no way of claiming the £150 help?

    Will the £200 promised come off peoples utilities automatically? Im currently up to date with my utilities, but if they go up more, it will become a struggle.

  • 1. Find your region
    Any idea how to do that?. We are either in the Midlands or South West depending on context. If I remember correctly, back in the days before privatisation this area was served by Midlands Electricity and South West Gas.
  • QrizB
    QrizB Posts: 18,442 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper

    1. Find your region
    Any idea how to do that?. We are either in the Midlands or South West depending on context. If I remember correctly, back in the days before privatisation this area was served by Midlands Electricity and South West Gas.
    To be honest it doesn't make a big difference. Midlands and South-West have similar rates.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • Andy1T said:
    All this talk and hype about those fortunate to live in a home with mains gas and/or electricity.  What about a price cap for the significant numbers of people living in rural homes who MUST  use oil or natural gas?


    Nobody MUST use any fossil fuel.  We're 100% electric.  Have you looked at heat pumps?
    And how do you think 40-60% of your electricity is generated? When the sun isn’t shining and the wind isn’t blowing (a winter’s night when high pressure is sitting over us) I’m afraid it’s methane which keeps the generators turning.
  • I saw Martin’s chat with Sunak last night. I think Martin’s face said it all! Did I hear correctly that if, say, one of your family left home after this payment (on mum’s/dad’s bill) then they will still get this 40/yr for 5 years added to their bill even though they did not benefit from the £200? It wouldn’t surprise me with the shower in charge!!!
  • kk20
    kk20 Posts: 142 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    kk20 said:
    im all for nuclear but calling it "green" is a stretch when we cant really do anything other than bury the waste.  Solar and Wind are great but we need more reliable mass storage for overnight lull or overcapacity periods - be that stored air or reservoir.  Even H2 cracking would be better than nothing.
    Deep geological repository is a perfectly reasonable solution to highly radioactive waste, most of the low level stuff is not nearly as much of an issue as people think it is. It is green in that there is almost no carbon emissions (there is a low level from the construction of the plants). There are plenty of options for storage, pumped storage, air, H2 will be ideal longer term as it has other applications and can be used from all excess production, it also works particularly well with nuclear plants. 
    I agree, except we dont have a working solution to do this and we need storage now.  I live in the lakes and have seen the proposals on offer.    Sellafield is a crumbling mess, it is a corroded nightmare and wasnt meant to hold as much waste as it has done for some time now.

    https://world-nuclear.org/information-library/nuclear-fuel-cycle/nuclear-waste/storage-and-disposal-of-radioactive-waste.aspx

    Even the body that wants to shout about it can only show a small US deep repository online.  Everyone else is looking at ideas.  Sure, Finland has broken ground and hopes to start small working models in the next 5 years.  All good in theory, all decades from commercial completion.

    Nuclear could be a greener alternative but at the moment it simply isnt. 
  • GingerTim
    GingerTim Posts: 2,624 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Cynic1965 said:
    I saw Martin’s chat with Sunak last night. I think Martin’s face said it all! Did I hear correctly that if, say, one of your family left home after this payment (on mum’s/dad’s bill) then they will still get this 40/yr for 5 years added to their bill even though they did not benefit from the £200? It wouldn’t surprise me with the shower in charge!!!
    Yep, that's how it works. If a new property was built in 2024, it would also have the £40 levied against it until 2027.
  • coupleuk said:
    It is about time a tidal barrage was built between Brean Down (Somerset) and South Wales.

    The Bristol Channel has the 2nd highest tidal range in the World and it won't ever stop - why aren't we using this amazing natural resource for energy?

    The construction cost is less than the new nuclear plant down the road and there would be thousands of job created in South Wales and Somerset too - the 10,000 HPC workers are already in the area so the workforce will be ready in 3 or 4 years time.

    Because the environmentalists are worried about a family of guillemots upstream! Tides peak at different times around the entire British Isles, so is a regular and predictable source of energy, but why let that get in the way of the argument!!!
  • Currently on a 2yr fixed term with Octopus Energy which ends next month. From what I have read, its really not a good time to be looking at switching. Have been offered the following 12m fixed term. Any 'experts' in here that think its a reasonable deal?


    Electric 

    15.27p p/KwH - New 33.51p p/KwH

    24.49p p/day - New 24.03p p/day

     

    Gas

    2.77p p/KwH - New 8.81p p/KwH

    25.04p p/day - New 26.10p p/day

     

    I personally think it might be the best I can get and given the uncertainty, might be wise to take this for the 12 month period?

  • QrizB
    QrizB Posts: 18,442 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    1PS said:

    Currently on a 2yr fixed term with Octopus Energy which ends next month. From what I have read, its really not a good time to be looking at switching. Have been offered the following 12m fixed term. Any 'experts' in here that think its a reasonable deal?

    Unless you're a *very* low user, that's quite a bit higher than the April cap.
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
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