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Are we being conned with high energy charges
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All the media is picking up on that data today, with varying different spins on it depending on their agenda or political stance. The short of is that our taxes are too low, the bottom two thirds of earners in the UK have the lowest effective rate of income taxation in the EU, the top third have the fifth highest, if everyone had the fifth highest the nations finances and services would not be in the mess that they are in.[Deleted User] said:
No free lunch here: social tariffs will result in a cost that has to be borne by others either in the form of higher energy bills or higher taxes.MouldyOldDough said:
Yes but the less well off /disabled and those less able to afford power are those who will not be working 9-5 and will require power at home during peak hoursMattMattMattUK said:
I do hope we get them so that people who use the most at the most expensive times pay proportionatly for their usage. Full ToU tariffs and any who refuse smart meters charged permanently at the highest rate.[Deleted User] said:
Expect to see time-of-use tariffs as an industry norm within the next 12 to 18 months.
So I would say that social tarriffs being properly managed are more important
There is an article in today's DT which suggests the 54.2% of UK households now get back more from the State than they pay in taxes.1
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