Energy Price Guarantee No Longer 2 years just 6 months at current level

GingerTim

sienew said:

Like I said before the EPG was announced I am a big fan of proposals that gives every person an allowance of cheap/subsidised energy to provide for their basic need. If you go above that basic need the prices shouldn't be subsidised by the taxpayer.

This is what's being strongly hinted at by Faisal Islam on the BBC.

https://twitter.com/faisalislam/status/1581962442892275715?s=20&t=Ctg-nQ3tu4cEB1z4PP5AyQ

sienew

dunstonh said:

We reduced ours from 20kWh per day to under 10kWh per day just by turning things of at the plug and not leaving them on standby, changing some bulbs and using them less, using eco modes on the dishwasher and replacing an older Fridge/freezer

I'd just like to comment that turning things off at the plug is one of the least effective energy saving measures. Modern electricals are designed to use a tiny amount of power when on standby. I often see it misreported in the news as a great energy saving measure and it simply isn't, doing any of the other things you suggested will save 10x what turning your tv off would ever do. 

This post isn't really directed at you but a general frustration with the wider media. I've heard a lot of people talk about how they've done their bit and are saving energy by turning things off standby. It does almost nothing but is everyones first (and often only) step because it's easiest. In reality what people need to do is make their heating more efficient, check their boiler settings, reduce their heating, heat rooms they use, reduce draughts, take shorter/colder showers, cook for less time, turn things off when not using them, change to LED's... and a million other things that would have MUCH more impact but nobody actually wants to do because it affects their standard of living.

ariarnia

we can't really say what will happen from next april and going into next winter. could be that we even start to see deals for fixes a little under the cap by then (though i think 12 months might be a little optemistic for a recession to be over. does mean we wont' 'benifit' from this cap really at all as our current fix is due to end in march so only maybe two weeks on the cap before it changes. will certainly be active looking for a sense of the market before our fix ends just like every other time a fix has come to an end. 

sevenhills

GingerTim said:

sienew said:

Like I said before the EPG was announced I am a big fan of proposals that gives every person an allowance of cheap/subsidised energy to provide for their basic need. If you go above that basic need the prices shouldn't be subsidised by the taxpayer.

This is what's being strongly hinted at by Faisal Islam on the BBC.

https://twitter.com/faisalislam/status/1581962442892275715?s=20&t=Ctg-nQ3tu4cEB1z4PP5AyQ

I totally agree. It's an policy similar to having a personal carbon allowance, if only it could be extended to vehicle and aviation fuels.

Max68

The problem with targeted help is it generally doesn't get aimed at a large proportion who need it.  Come April the rich will probably be able to afford their bills anyway, those on certain benefits will more than likely receive help, but those who earn 8000, 12,000 or 16,000 a year for instance will probably be left quite literally in the cold.

mmmmikey

GingerTim said:

sienew said:

Like I said before the EPG was announced I am a big fan of proposals that gives every person an allowance of cheap/subsidised energy to provide for their basic need. If you go above that basic need the prices shouldn't be subsidised by the taxpayer.

This is what's being strongly hinted at by Faisal Islam on the BBC.

https://twitter.com/faisalislam/status/1581962442892275715?s=20&t=Ctg-nQ3tu4cEB1z4PP5AyQ

Or maybe the Rishi Sunak approach of giving every household the first £400 worth of energy for free and splitting that into 6 payments over the most expensive months of the year, and providing additional help on top of that for those that need it most. Sure, it could benefit from being finessed to better support the "squeezed middle" but not a bad idea IMHO.

sienew

ariarnia said:

we can't really say what will happen from next april and going into next winter. could be that we even start to see deals for fixes a little under the cap by then (though i think 12 months might be a little optemistic for a recession to be over. does mean we wont' 'benifit' from this cap really at all as our current fix is due to end in march so only maybe two weeks on the cap before it changes. will certainly be active looking for a sense of the market before our fix ends just like every other time a fix has come to an end. 

If you see Auxilione's prediction for April you might change your mind on fixes below the cap. The prediction is scary. Very scary.

Freebird53

sienew said:

ariarnia said:

we can't really say what will happen from next april and going into next winter. could be that we even start to see deals for fixes a little under the cap by then (though i think 12 months might be a little optemistic for a recession to be over. does mean we wont' 'benifit' from this cap really at all as our current fix is due to end in march so only maybe two weeks on the cap before it changes. will certainly be active looking for a sense of the market before our fix ends just like every other time a fix has come to an end. 

If you see Auxilione's prediction for April you might change your mind on fixes below the cap. The prediction is scary. Very scary.

Would you expect anything else?

dunstonh

I'd just like to comment that turning things off at the plug is one of the least effective energy saving measures. Modern electricals are designed to use a tiny amount of power when on standby. I often see it misreported in the news as a great energy saving measure and it simply isn't, doing any of the other things you suggested will save 10x what turning your tv off would ever do. 

Problem is that many people dont have modern electricals.  Or they have budget items that lack the energy saving features.

I do agree with you somewhat though.  Not all items save energy by being turned off unless for sufficient time.    Some of our items remain on standby.  The use of energy monitoring plugs can help tell which devices are best on standby or off.

sienew

mmmmikey said:

GingerTim said:

sienew said:

Like I said before the EPG was announced I am a big fan of proposals that gives every person an allowance of cheap/subsidised energy to provide for their basic need. If you go above that basic need the prices shouldn't be subsidised by the taxpayer.

This is what's being strongly hinted at by Faisal Islam on the BBC.

https://twitter.com/faisalislam/status/1581962442892275715?s=20&t=Ctg-nQ3tu4cEB1z4PP5AyQ

Or maybe the Rishi Sunak approach of giving every household the first £400 worth of energy for free and splitting that into 6 payments over the most expensive months of the year, and providing additional help on top of that for those that need it most. Sure, it could benefit from being finessed to better support the "squeezed middle" but not a bad idea IMHO.

Change it to per person instead of per household and I think that works better. By household is incredibly bad targeting, a student in a tiny 1 bedroom flat (who lets be honest is almost never home) doesn't need the same support as a family home with 4-5 people living in it. A grant per person works far better as it should allow for a basic usage for everyone in the household.