Energy price cap freeze on a fixed tariff

phillw

jimexbox said:
We all new in April that a price rise was absolutely guaranteed in October, absolute fact. It was merely by how much.

Where is this guarantee? Who signed it?

More importantly, where is the guarantee that you are worse off?

Inigo_Montoya

isasmurf said:

Inigo_Montoya said:

Personally I currently only have fixes on the electricity with a £100 penalty exit fee - if I have to get out of these fixes then I will at least be phoning British Gas to see if they will waive the fee given the unusual & extenuating circumstances but am not expecting them to agree to this

Check the terms of your tariff. BG do not usually charge exit fees if you switch to another tariff with them during the term. Usually they only charge the fees if you move to another supplier. 

thanks for the hint

just checked the terms & as you say its free to switch to another BG tariff - £100 penalty is only if you leave BG

lets hope BG wont refuse to allow me to move to the SVR if it gets frozen

Its slightly surprising that they allow a free transfer to another BG tariff because if you want to leave BG then you can always do so without penalty by first moving to their SVR   

phillw

Trynsave2 said:

Why should those who attempted to take responsible, positive action be penalised whilst those who sat on their laurels are rewarded?

The majority of people who fixed will have done so with their existing energy provider, not everyone had that option.

Why should those who took advantage of an option that wasn't available to others, be rewarded for it?

phillw

PennineAcute said:

In some respects, if this does go ahead before October, I am being vicitmised for trying to be responsible.

Trying to be responsible? Or gambling that it would work out cheaper for you?

phillw

pedrodelgado said:
Are we really in a society where just because you've worked hard and made something of your life, you have to subsidize lazy layabouts ? 

You're assuming that those who are not as successful, didn't work as hard as you. Here is why...

 https://www.youtube.com/watch?v=3LopI4YeC4I

MACKEM99

GasPants said:

People should never have been put in a position where they had to gamble on what the price cap would be or whether the government would intervene. 

Life is a gamble.

The_Green_Hornet

pedrodelgado said:

The_Green_Hornet said:

It shouldn't be long now before we start seeing newspaper articles claiming it is a regressive policy where a multimillionaire will get exactly the same level of protection as everybody else.

They won't be wrong.

Why is that wrong? If I were a millionaire I'd expect to be charged the same amount to buy a loaf of bread, as someone earning minimum wage. It's called being fair. Just because you can afford to pay why should you have to pay more? Are we really in a society where just because you've worked hard and made something of your life, you have to subsidize lazy layabouts ? 

I think you are on the wrong site. The Daily Mail is here -> https://www.dailymail.co.uk/home/index.html

busybee100

pedrodelgado said:

The_Green_Hornet said:

It shouldn't be long now before we start seeing newspaper articles claiming it is a regressive policy where a multimillionaire will get exactly the same level of protection as everybody else.

They won't be wrong.

Why is that wrong? If I were a millionaire I'd expect to be charged the same amount to buy a loaf of bread, as someone earning minimum wage. It's called being fair. Just because you can afford to pay why should you have to pay more? Are we really in a society where just because you've worked hard and made something of your life, you have to subsidize lazy layabouts ? 

That's some messed up messaging. 

Millionaires aren't the only ones to work hard and you can be poor without being lazy.

In fact I would venture the poorest work harder than the millionaires.

pedrodelgado

phillw said:

pedrodelgado said:
Are we really in a society where just because you've worked hard and made something of your life, you have to subsidize lazy layabouts ? 

You're assuming that those who are not as successful, didn't work as hard as you. Here is why...

 https://www.youtube.com/watch?v=3LopI4YeC4I

I'm absolutely not at all. You're assuming what I'm assuming. Some people are born wealthy, some earn it some work hard and are never wealthy. I'm just saying why would anyone think it's fair to charge people who can comfortably afford gas a different price per unit for the same gas as someone who can't. That's just not fair.

pedrodelgado

The_Green_Hornet said:

pedrodelgado said:

The_Green_Hornet said:

It shouldn't be long now before we start seeing newspaper articles claiming it is a regressive policy where a multimillionaire will get exactly the same level of protection as everybody else.

They won't be wrong.

Why is that wrong? If I were a millionaire I'd expect to be charged the same amount to buy a loaf of bread, as someone earning minimum wage. It's called being fair. Just because you can afford to pay why should you have to pay more? Are we really in a society where just because you've worked hard and made something of your life, you have to subsidize lazy layabouts ? 

I think you are on the wrong site. The Daily Mail is here -> https://www.dailymail.co.uk/home/index.html

Sorry, didn't realize you could only enter this site by a door on the extreme left. I see the sort of people you highlighted in my post, in my job as a postman. They really are taking the pxxs out of the more hard working (like me) society.