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MSE News: £200 Alternative Fuel Payment to be paid 'in the New Year'
Comments
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Tyna said:Reed_Richards said:I think the whole idea of an Alternative Fuel Payment is a bit wacky. At current prices oil is probably the cheapest way to heat your house at present; why should oil users receive an extra subsidy?1
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I don't think it's realistic to expect Government subsidies to cover every price rise, we'll just end up paying it back in our taxes.1
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Tyna said:Reed_Richards said:I think the whole idea of an Alternative Fuel Payment is a bit wacky. At current prices oil is probably the cheapest way to heat your house at present; why should oil users receive an extra subsidy?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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dunstonh said:Tyna said:Reed_Richards said:I think the whole idea of an Alternative Fuel Payment is a bit wacky. At current prices oil is probably the cheapest way to heat your house at present; why should oil users receive an extra subsidy?Save £12k in 2024 - #2 target is £5000 £3260.33 so far, just over 65%
[url="https://forums.moneysavingexpert.com/discussion/6500427/february-2024-grocery-challenge/p1"]OS Grocery Challenge 2024 58.22% spent or £1746.54/£3,000 annual
I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
My Debt Free Diary Get a grip Woman0 -
Firewood prices are more or less unchanged round here, we just got 2cu.m softwood for £110 collected. That's "loose" cu.m so around 500kg. It measured between 15-19%. I wouldn't normally buy at this time of year as I prefer to store for at least a Summer before use.
Hardwood is £99/cu.m from our nearest supplier.0 -
Reed_Richards said:I think the whole idea of an Alternative Fuel Payment is a bit wacky. At current prices oil is probably the cheapest way to heat your house at present; why should oil users receive an extra subsidy?
We use 10500kWh of wood pellets a year, if we had gas we'd receive a 3p/kWh subsidy under EPG. That £316 is far more than the £200. At the same time our pellets have increased from £290/tonne to £650/tonne.
I think the Gov't are just trying to be fairer0 -
Suffolk_lass said:dunstonh said:Tyna said:Reed_Richards said:I think the whole idea of an Alternative Fuel Payment is a bit wacky. At current prices oil is probably the cheapest way to heat your house at present; why should oil users receive an extra subsidy?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1
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dunstonh said:Suffolk_lass said:dunstonh said:Tyna said:Reed_Richards said:I think the whole idea of an Alternative Fuel Payment is a bit wacky. At current prices oil is probably the cheapest way to heat your house at present; why should oil users receive an extra subsidy?0
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I found this https://www.ons.gov.uk/peoplepopulationandcommunity/housing/articles/census2021howhomesareheatedinyourarea/2023-01-05
There's a tool to check which type of heating predominates in your area (England and Wales only, unfortunately). It will be interesting to see if the results correlate with who gets the payment automatically - in my area it says only 4.8% use electricity for their central heating, so I'm hoping we might be some of the accidental benefactors.4 -
Spoonie_Turtle said:I found this https://www.ons.gov.uk/peoplepopulationandcommunity/housing/articles/census2021howhomesareheatedinyourarea/2023-01-05
There's a tool to check which type of heating predominates in your area (England and Wales only, unfortunately). It will be interesting to see if the results correlate with who gets the payment automatically - in my area it says only 4.8% use electricity for their central heating, so I'm hoping we might be some of the accidental benefactors.
Approx 3% mains gas where we are with about 52% oil, wood/solid fuel & bottled gas and only 7% electric so hopefully we'll get the £200 automaticallyIn the game of chess you can never let your adversary see your pieces0
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