Latest Cornwall Insights predictions 4th Jan 2023s

Mstty

Maybe....some good news on the horizon mainly for the government but also some savings in the second half of the year.



https://www.cornwall-insight.com/drop-in-wholesale-energy-prices-sees-price-cap-predictions-fall-below-the-epg-for-second-half-of-2023/

InvertedVee

Mstty said:

Maybe....some good news on the horizon mainly for the government but also some savings in the second half of the year.



https://www.cornwall-insight.com/drop-in-wholesale-energy-prices-sees-price-cap-predictions-fall-below-the-epg-for-second-half-of-2023/

Thanks for this. Drinks all round in the Treasury I should think.

ariarnia

Mstty said:

Maybe....some good news on the horizon mainly for the government but also some savings in the second half of the year.

not to be doom and gloom (its good news) but the savings are relative. its still an increase on this year in all quarters as the cap is currently 2500. 

i wonder when suppliers will start to offer fixes again as prices go down. 

MattMattMattUK

Mstty said:

Maybe....some good news on the horizon mainly for the government but also some savings in the second half of the year.



https://www.cornwall-insight.com/drop-in-wholesale-energy-prices-sees-price-cap-predictions-fall-below-the-epg-for-second-half-of-2023/

Sounds pretty good news to me as not only will it mean less than the future proposed EPG of £3,000 it will also mean less borrowing for the government so it takes some pressure of the national finances which has other wider benefits. 

Astria

MattMattMattUK said:

Mstty said:

Maybe....some good news on the horizon mainly for the government but also some savings in the second half of the year.



https://www.cornwall-insight.com/drop-in-wholesale-energy-prices-sees-price-cap-predictions-fall-below-the-epg-for-second-half-of-2023/

Sounds pretty good news to me as not only will it mean less than the future proposed EPG of £3,000 it will also mean less borrowing for the government so it takes some pressure of the national finances which has other wider benefits. 

Bad news for solar installers though, currently advertising beating the raising prices this year!

Still worthwhile though if you can wait 10 years for them to pay for themselves.

Mstty

MattMattMattUK said:

Mstty said:

Maybe....some good news on the horizon mainly for the government but also some savings in the second half of the year.



https://www.cornwall-insight.com/drop-in-wholesale-energy-prices-sees-price-cap-predictions-fall-below-the-epg-for-second-half-of-2023/

Sounds pretty good news to me as not only will it mean less than the future proposed EPG of £3,000 it will also mean less borrowing for the government so it takes some pressure of the national finances which has other wider benefits. 

Yep Rishi will have a smile on his face fmwith those predictions. I mean Hunt

michaels

At one point weren't they forecasting up to £7000 for Q2 next year and similar throughout the year?

£7700!!!!

Price cap experts forecast £7,700 average bills next year - Perspective Magazine

mmmmikey

......and for Economy 7 users it means err, hmmm, scratches head.....