Jan Higgins
- Location: Dover
- Registered: 5 Jul 2010
- Posts: 13,865
It does not matter what company you are with unless you keep on changing companies, a lot of hassle to save a very few pounds. Price competition in this case is almost negligible.
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I try to be neutral and polite but it is hard and getting even more difficult at times.
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Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,912
Everyone is aware all the utility companies()in this case the gas companies0 are quick to put prices up 18%
but when prices go down whenm the buy the stuff, they find so many reasons why they can't reduce prices
one big legal con!!!!!
ALL POSTS ARE MY OWN PERSONAL VIEWS
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
the argument for changing suppliers looks lost after the latest announcement from scottish and southern energy about hikes of 18% for gas and 11% for electricity starting in september.
Guest 656- Registered: 13 Mar 2008
- Posts: 2,262
It sure does look lost Howard, The saying 'Competition is Healthy' no longer applies to gas and electricity charges, how on earth are the elderly and low income families going to manage!
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
they wont,they rather be cold and have along stay in hospital bed blocking to avoid paying high fuel bills.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,912
for many it will mean either
keeping warm
or
eating
its the cost of privatisation
ALL POSTS ARE MY OWN PERSONAL VIEWS
Alec Sheldon
- Location: Dover
- Registered: 18 Aug 2008
- Posts: 1,037
I think I will sit in the library all day when it gets cold.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
see you down there alec, could be standing room only.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
from the telegraph today.
British Gas has revealed profits of almost £3m a day over the last six months, just weeks after announcing an 18pc hike in the price of gas and 16pc in the cost of electricity to consumers. We look at what the energy industry and analysts are saying.
"Many people are struggling with rising energy costs and when they see suppliers announcing these profits they're bound to question whether we're paying a fair price for our energy. With the latest round of price hikes yet to kick in, now is the time for the Government to decide what sort of energy market we want for consumers.
"A day after Ofgem announced it will fine British Gas £2.5m for the way it deals with customer complaints, the Big Six energy suppliers should be focusing all their efforts on restoring customer trust and helping struggling consumers to manage their fuel costs."
Stephen Fitzpatrick, founder and managing director of Ovo Energy
"Centrica's profits announcement, hot on the heels of its 18pc price hike, is another blow to consumers. Until the Big Six providers fully explain to bill payers where their money is going, consumers will never trust energy companies.
"We want a more open energy market where power is returned to the consumer. Ofgem must take active steps now to enforce transparency and fairness, so the Big Six providers can no longer take customers for granted."
Nick Campbell, analyst at Inenco
"If demand is higher than a supplier has forward bought, it has to buy more gas or power - and if the market price is higher, then its stomach is hit. This is clearly the case with British Gas, as its profits are down year on year.
"It is important to note that the retail and the wholesale arm are separate beasts and therefore if the residential arm is struggling in terms of profitability it generally means the wholesale arm will be successful, as the two dovetail.
"The retail arm has to pay a higher price for the energy from the wholesale market but equally the wholesale arm can sell the power or gas at a higher level."
Sam Laidlaw, Centrica chief executive
"Global events have resulted in a steep increase in commodity prices, with UK wholesale gas prices 30pc higher than last winter. In this challenging market, the resilience of our integrated business model has enabled Centrica to continue to perform well."
Button
- Location: Dover
- Registered: 22 Jul 2016
- Posts: 3,051
I haven't, yet, used my bus pass to travel in free warmth (and potentially with free wifi) all day, but I have come up with an entrepreneurial whizzo idea: if one can buy gift cards for all manner of companies/products, why not for electricity companies and power?!
Jan Higgins likes this
(Not my real name.)
Captain Haddock
- Location: Marlinspike Hall
- Registered: 8 Oct 2012
- Posts: 8,047
"We are living in very strange times, and they are likely to get a lot stranger before we bottom out"
Dr. Hunter S Thompson
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,912
The Wi-Fi on buses not available
ALL POSTS ARE MY OWN PERSONAL VIEWS
