📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

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

Options
13468938

Comments

  • OhWow
    OhWow Posts: 410 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 17 October 2022 at 2:00PM
    dunstonh said:
    To be honest, that is a sensible move.   The current package was far too generous.   Many people initially looked at how they could save energy but gave up with the EPG came.  

    Now people can go back to finding ways to save energy, and if they don't, then they pay for it bar those that really need support.

    Plus by April, we will be through the worst and heating use will be falling.

    Yep, cut our cloth accordingly. Move to a cheaper to run property. Increase work hours as needed.

    We should all be cutting our gas and oil heating usage anyway. Governments supporting energy costs won't help in making people cut their useage.


  • Marvel1
    Marvel1 Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 17 October 2022 at 2:55PM
    Basically, what should have gone up from 1st October will now be a double whammy, October rises will happen in April with the rises in April too.4

    They can shove their £66 voucher I have received and the 5 to folllow.
  • I don't get the idea that everyone is entitled to live in whatever home they happened to buy however long ago, probably when their needs were totally different, and that everyone else should pay for it if they can't afford it.  Everyone else includes the young, many of whom currently have approximately zero prospect of ever owning a home - should their taxes susbidise the lifestyles of those who don't fancy moving to somewhere more suitable and sustainable?  Plus if those in oversized homes were to move it would free up some much needed housing for those who do need it.  This should be how market forces work.
    We're not rich, but we own a home.  I consider myself to be one of the winners of the lottery of life, mainly because I happen to have been born when I was.  I'm grateful for this, but definitely don't want to be even better off at the expense of those who are worse off.
    I agree that there's profiteering going on, but that's another subject, and rightly or (probably) wrongly it doesn't look like this government has any intention of tackling this, so nothing will change this side of an election at least.
  • I too think the scheme was too generous given that everyone was still getting the £400 as well. It went from being worried about bills to having a lower bill then before the crisis as people's DD were getting the £66pm deducted.

    I bet there were alot on the back of the news went and booked a holiday etc thinking that bills are protected for the next 2 years. It's crazy, a royal fook up but an action that was needed by the new chancellor to balance the books. 
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I think property size has some correlation to heating costs, but so does insulation and time spent at home. Number of people in a property probably correlates more with non-heating electricity use I think, and hot water costs for washing.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.