Energy crisis

[mowlas]

Based on his ‘advice’ in April for homeowners to go on a variable contract rather than fixing I’d say his advice was shocking. Especially when those in the market knew energy prices were going to rise much further.

If people had fixed. They would be paying less than the government cap.

Thanks for the reply @GeoffCapes That was certainly a blunder but I also noted he corrected himself later in April (https://www.bristolpost.co.uk/news/cost-of-living/martin-lewis-changes-advice-fixing-7010434.amp).

I’m not sure how many instances of mis-advice he has given though, whether he has a questionable track record. It doesn’t really explain why there’s sometimes a bit of a pile on with him. Overall his heart seems to be in the right place.

 

[daverichardson]

Based on his ‘advice’ in April for homeowners to go on a variable contract rather than fixing I’d say his advice was shocking. Especially when those in the market knew energy prices were going to rise much further.

If people had fixed. They would be paying less than the government cap.

Not quite true
I fixed and am still paying more for a business account
My fault I accejpt

 

[GeoffCapes]

Thanks for the reply @GeoffCapes That was certainly a blunder but I also noted he corrected himself later in April (https://www.bristolpost.co.uk/news/cost-of-living/martin-lewis-changes-advice-fixing-7010434.amp).

I’m not sure how many instances of mis-advice he has given though, whether he has a questionable track record. It doesn’t really explain why there’s sometimes a bit of a pile on with him. Overall his heart seems to be in the right place.

As long as his business profits…..

 

[GeoffCapes]

Not quite true
I fixed and am still paying more for a business account
My fault I accejpt

Domestic would have. Business is a bit different.
We fixed one of our schools at the time for 28p (something like that) and said 2 years minimum is the way to go.
At the time they weren’t so sure. But we’ve been proved right.
We fixed the gas bills of most of our clients for a minimum 3 years during the pandemic (even when they weren’t due for a year or two.
Until the end of 2024 one of our clients is only paying 2.2p.

It’s all about knowing your market.

Martin Lewis doesn’t know how the energy markets work. He’s proved that time and time again.

 

[GeoffCapes]

Jeremy Hunt hasn't done home owners any favours I see.

Your bills are only fixed until April.

Jeremy Hunt reverses 'almost all' tax cuts in mini-budget and says energy bills support scheme to be scaled back

The new chancellor said he was making further changes to the mini-budget to "reduce unhelpful speculation" about what was happening with the government's growth plan ahead of the medium-term fiscal plan on Halloween.

news.sky.com

But I guess balancing the books had to start somewhere. Surely Truss's position is now completely untenable?

 

[daverichardson]

Not a fan of JH from NHS days but, if he can steady the markets for a while then he is off to a good start

 

[Phil H]

Problems will continue until ministers are appointed on the basis of true ability and commitment to the country rather than friendship, party loyalty, or payback, and I can't see that happening anytime soon.

 

[midlifecrisis]

Gas will become a lot cheaper when Putain gets a bullet.
I watched Jezza's speak and he seems a lot better than kwazi but I suppose Dianne Abbott could do a better job (ok maybe not!).

Anyway, I'm feeling smug at my energy choices last year. I doubt I'll need to pay a penny through winter with the government's contributions coming in. So

 

[damnawivdaplan]

see what happens in April happy your sitting pretty. I am with my business I'm fixed at 15p till March 24 so hoping it sorts out by then

 

[Wack61]

Liz Truss's position is now completely untenable?

I doubt she'll be bothered

 

[Wattie]

Jeremy Hunt hasn't done home owners any favours I see.

Your bills are only fixed until April.

Jeremy Hunt reverses 'almost all' tax cuts in mini-budget and says energy bills support scheme to be scaled back

The new chancellor said he was making further changes to the mini-budget to "reduce unhelpful speculation" about what was happening with the government's growth plan ahead of the medium-term fiscal plan on Halloween.

news.sky.com

But I guess balancing the books had to start somewhere. Surely Truss's position is now completely untenable?

Yeah but it’s not all bad news.
The Bankers bonuses part still remains.

 

[Nibby]

I doubt she'll be bothered

View attachment 107180

Says the man who’s on £300k a year for 2 hours work a day. Pots and kettles

 

[GeoffCapes]

I doubt she'll be bothered

View attachment 107180

She will. It's all about ego with politicians.

 

[philw696]

She will. It's all about ego with politicians.

 

[Felonious Crud]

Gentle reminder, ladeez and genulmen: this is a thread about energy crisis / prices, not for a free-for-all whiney little bitches politics thread. There's another thread entirely devoted to the venting of political opinions and grievances.

 

[philw696]

Gentle reminder, ladeez and genulmen: this is a thread about energy crisis / prices, not for a free-for-all whiney little bitches politics thread. There's another thread entirely devoted to the venting of political opinions and grievances.

That's currently locked Adam.

 

[Felonious Crud]

That's currently locked Adam.

Good point. And, as well you know, for a good reason.

Anyway, if one thread gets closed because it's full of tedious ******** that annoys people, that doesn't mean it's ok for another thread to get ****** up.

 

[mowlas]

More details of possible blackouts…

Blackouts may be imposed on cold weekday evenings, National Grid chief warns

The warning from the head of the National Grid follows the electricity and gas systems operator outlining unlikely scenarios when blackouts may take place this winter.

news.sky.com

 

[Zep]

More details of possible blackouts…

Blackouts may be imposed on cold weekday evenings, National Grid chief warns

The warning from the head of the National Grid follows the electricity and gas systems operator outlining unlikely scenarios when blackouts may take place this winter.

news.sky.com

Still vanishingly unlikely, but this is nudge theory at work, making people think about consumption.

 

[Harry]

Has anyone noticed how much darker outside it is in the evenings? Most people haven’t got garden lights blazing all night, lights on in rooms they aren’t using etc. I actually prefer less light pollution.