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And now the forecasters are saying the price cap could hit £6000
Comments
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littlemissbossy said:I was checking my energy bills yesterday, since last autumn we have been trying to cut down our usage:-
Aug 20-Aug 21 gas was 12192 kwh and electricity was 2739 kwh
Aug 21-Aug 22 gas was 8658 kwh and electricity was 2452 kwh
I felt quite chuffed with that but then remembered we had quite a mild winter.
It'll be a kick in the teeth if we get a long dark cold winter, as like you say, if we look at the last 12 months usage in isolation, it my give us a "rose tinted" picture of our usage.
Better to have years of data to fall back on...but who has that?
We do, but our reduced usage is also partially down to a new boiler last July too.How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)1 -
Sea_Shell said:littlemissbossy said:I was checking my energy bills yesterday, since last autumn we have been trying to cut down our usage:-
Aug 20-Aug 21 gas was 12192 kwh and electricity was 2739 kwh
Aug 21-Aug 22 gas was 8658 kwh and electricity was 2452 kwh
I felt quite chuffed with that but then remembered we had quite a mild winter.
It'll be a kick in the teeth if we get a long dark cold winter, as like you say, if we look at the last 12 months usage in isolation, it my give us a "rose tinted" picture of our usage.
Better to have years of data to fall back on...but who has that?
We do, but our reduced usage is also partially down to a new boiler last July too.Don't wait for your ship to come in, swim out to it.0 -
I see a lot of advice and questions directed at the individual but very little about other places using energy.
Do supermarkets need to be open 24 hours a day? Do retail shops need to be open 7 days a week? Do buildings need to be lit up at night when they are empty?I mentioned data centres on another thread, vast amounts of energy used so we can stream and view content online.Whilst I understand there is a lot of individuals and cuts we can make certainly add up, if there is apparently excessive demand pushing up prices shouldn't we be asking where cuts can be made across the board?I appreciate these are bigger questions but it feels as if the general individual will have even less time to ask them if they are busy making spreadsheets of their energy usage.....1 -
Woolsery said:deano2099 said:Woolsery said:Helicopter money created from thin air, but that comes back to bite everyone later as inflation, because it wasn't earned by gainful economic activity. There's no free lunch.I wouldn't advocate doing nothing, but studies of the lockdowns concluded they brought almost no benefits and countries like Sweden managed without, so whatever response is chosen to any black swan event needs to be a sound choice. I'm still puzzling where the idea of lockdowns came from, given they weren't in any pandemic planning prior to 2020. Even the WHO didn't recommend them for more than a short period.However this isn't on topic, so I'll pause here.....I think....5
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The business I work for has done a huge amount to reduce energy usage. This is claimed to be because we want to be green, but I think it's also because it costs a fortune.
All our offices now have motion sensors on the lights, so the lights turn off automatically when there's nobody there, for one example. The cleaning and security staff have been instructed to turn off any monitors which have been left on when they're working their way around the building in the evening, as another example.
In my view, it is actually public buildings such as schools and NHS facilities which could do more. Despite the NHS being cash strapped, my GP surgery often leave their lights on overnight!0 -
TheBanker said:
In my view, it is actually public buildings such as schools and NHS facilities which could do more. Despite the NHS being cash strapped, my GP surgery often leave their lights on overnight!
The GP surgery is actually a self employed business. Switching off their lights would reduce energy and increase their profitability. It won't actually reduce the costs to the NHS.0 -
he_lunatic_is_in_my_head said:I see a lot of advice and questions directed at the individual but very little about other places using energy.
Do supermarkets need to be open 24 hours a day? Do retail shops need to be open 7 days a week? Do buildings need to be lit up at night when they are empty?
Long time since I was in a supermarket at night, but the few times I was, there were hardly any customers. Lights were dimmed down completely, many employees filling up shelves or picking goods for delivery.
For me that was a bit they just got a few additional customers when they had to be "open" anyway to restocking.
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Despite the NHS being cash strapped, my GP surgery often leave their lights on overnight!0
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michaels said:Woolsery said:deano2099 said:Woolsery said:Helicopter money created from thin air, but that comes back to bite everyone later as inflation, because it wasn't earned by gainful economic activity. There's no free lunch.I wouldn't advocate doing nothing, but studies of the lockdowns concluded they brought almost no benefits and countries like Sweden managed without, so whatever response is chosen to any black swan event needs to be a sound choice. I'm still puzzling where the idea of lockdowns came from, given they weren't in any pandemic planning prior to 2020. Even the WHO didn't recommend them for more than a short period.However this isn't on topic, so I'll pause here.....I believe we have some pretty severe car park issues now. Have you phoned for an emergency ambulance lately? I have.Whatever action was taken there would have been consequences, so please don't try to pass this off as my opinion; it's an ongoing debate which began in 2020 when it appeared no proper cost/benefit analysis was being done. The Johns Hopkins study is only a part of it . However, we're currently running at 1400 excess deaths per week and it's summer time, so although all the data won't be there for some time I doubt it will be favourable to the argument for extended lockdowns.And you are welcome to your opinion too.
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I see my usage going up from £600 in September 2021 to £1600 in October 2022 so I will be cutting back on usage again. In the octopus winter workout I reduced my gas usage by 1400 kWh but in Sept. 2021 I reduced the gas by 2000 kWh and electric by 800 kWh.
Even with that drop in usage if I use the same amount of electric and gas I could see my monthly DD increase to over £150 per month. There is speculation that the average usage could hit £6500 next year.
Just after April people were saying £2500 in October but I was expecting nearer £2600 but the £3500 I wasn't expecting and the £6500 is shocking if prices creep up that much people are going to be looking at cutting down on usage and that could see average usage figures that they use for the cap will drop.
When they drop it means that the total price for average usage will drop and thus the profits of suppliers will drop.
If users turn off everything that they used to leave in standby mode except the fridge, freezer and router then that could be a 30% drop in electric usage, maybe more.
In gas that could be a drop of more than 30%, the suppliers will still make 2% profit on bills but the total income will be less as they are seeing less electric and gas usedSomeone please tell me what money is0
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