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The Energy Rip-off

PostPosted: Fri Oct 26, 2012 10:34 am
by brb
is it time for the government to intervene?

I see that it has been announced today further energy increases across electricity and gas prices, some going up as much as over 10%.

So despite the last decade people looking at ways of cutting their energy requirements via energy saving devices and reducing consumption, with dwindling world resources, the annual energy costs for the consumer are more expensive now despite ensuring measures to reduce that consumption. Our little tiny island in the world is still used as an excuse to screw the British consumer by major companies, under the guise of future planning and development in the search of renewable energy.

I've not had my heating on once since last winter/spring so how much more do these energy companies want us to cut back? With the temperatures due to drop over the coming week, I wonder how many elderly suffer the same dilemma but may not be so resilient health wise, when faced with the options.

I always believed many years ago what the outcome would be if the Gas/Electric/Water companies were left to their own devices, their continued greed is now evident for everyone to see. Sorry how wrong am I, they are planning for the future of generations to come and the UK will continue to lead the way, yeah right.

Re: The Energy Rip-off

PostPosted: Fri Oct 26, 2012 10:57 am
by mark8364
We are lucky we have a great landlord! £650 a month all bills included! Been the same for 2 years!

Re: The Energy Rip-off

PostPosted: Fri Oct 26, 2012 11:58 am
by CadburyMan
Our supplier recently wrote to us suggesting that we increase our monthly direct debit by some 20%. I looked at the account online and this showed that we were £180 in credit for electricity and £255 for gas; this credit should easily see us through the winter with a bit to spare

After some discussion with the supplier we came to the conclusion that we would get better service and value elsewhere so that is exactly what we did

Doubtless we will have to go through the same hoop in some months' time.

Worst thing we ever did was to sell off the utility companies and make ourselves "energy-hostages to Russia etc.

Re: The Energy Rip-off

PostPosted: Fri Oct 26, 2012 1:30 pm
by Garawa
I cannot understand how they justify the increases as the cost of the raw product. Funny how it never goes down when the raw price does, especially in the summer months. British Gas announce profits of £300m+ for 6 months and yet put prices up just as the heating starts to be switched on. Do they think we are daft/blind/both?

The government should intervene because in any other sector market forces would dictate what people can charge. Effective competition would ensure the prices stay as low as possible. So this must be a cartel and is proved by how they all put prices up within weeks of each other. Its sick and is helping (along with cost of petrol) to make everything else super expensive through inflation!

Re: The Energy Rip-off

PostPosted: Fri Oct 26, 2012 2:21 pm
by Elgrande
It is the same with utilities all over Europe. You only have one grid, one pipe system and in the main one Telephone system, people just pay to use it so you can never really get true competition. The government is getting involved, but you can bet the EU will stick its Degaulle size nose in if they and when they do.

Re: The Energy Rip-off

PostPosted: Sat Oct 27, 2012 7:55 pm
by steve347
We live in an era of monetary fascism when corporations, financiers and politicians are continuing to rob us by many means (including money printing and low interest rates = financial repression) so they have made their piles of money before we all sail off the cliff together.
Gryff is storing years of supply of dog food tins in the garage cos he's no fool.

Re: The Energy Rip-off

PostPosted: Sun Oct 28, 2012 6:17 pm
by Poshgill
Where is Sid now then? I'll f$#&ing tell him alright !

Call me naive if you like, but I thought the whole thing about privatisation was to introduce competition into the utilities markets so drive down cost. Well it certainly hasn't happened and it never was going to happen. We need to get utilities back in the public domain. We all need gas, electricity and water. For these mostly foreign owned companies to make outrageous profit on the backs of necessity is quite frankly, obscene.

Re: The Energy Rip-off

PostPosted: Sun Oct 28, 2012 7:28 pm
by sotongill
Hear , hear , Posh ! Essential utilities should be under public control - Some previous governments leave a lot to be answered for , especially the Greed is Good Thatcher ones .

CadburyMan wrote:Our supplier recently wrote to us suggesting that we increase our monthly direct debit by some 20%. I looked at the account online and this showed that we were £180 in credit for electricity and £255 for gas; this credit should easily see us through the winter with a bit to spare
.


Happened to a good friend of mine Cadbury , a couple of years back . Got his annual statement that showed he had £500 credit on both Gas and Electricity . So they had £1000 of his money . Told him they were increasing his Direct Debit payments for the next twelve months . He was completely baffled , couldn't understand why they were doing that . Me , i pay quarterly in arrears as i've always done , don't let them get hold of my money in any other way .

Re: The Energy Rip-off

PostPosted: Sun Oct 28, 2012 9:35 pm
by Robpthegills
Lol first its facism to blame and then its thatcher.

15 years of left wing didnt do us any good. Can you people not move forward. There has been ample time to change things but nobody has. You can blame everyone else for that.

As for the bill's going up I also think its dreadfull, its putting even more pressure on families that are already struggling, but seriously can we deal with the here and now and stop wanting to blame
thatcher for everything. Even if it was a mistake initially your supposed left wing gods have had ample time to change things.

Re: The Energy Rip-off

PostPosted: Mon Oct 29, 2012 9:23 am
by Poshgill
Tell me then Rob. Has privatisation worked for the utilies? Have the promised increased competition given the consumer wider choice and cheaper utilities? Who exactly has benefited from seeling off gas, water and electricity?

I don't recall 'blaming' anyone on this thread but it is intersting to note that you jump to the defence of Thatcher and a failed policy at the drop of a hat. We gave it a try, it hasn't worked, let's try something else.

The utilites are mainly owned by foreign companies. Lets knock that on the head straight away. Also, Offwat and the other regulators are toothless quango's that cost a lot of money to operate. These quango's are backed by this govt and you would think that with them banging on about austerity all the time, they would have looked at this sort of thing, but then, its jobs for the boys isn't it?

Perfectly ok for this regime to waste £40m in our money on a failed Rail Franchise bid but they won't tackle importnat issues like spiralling costs of utilities. Of course the last Labour govt did lots of things wrong, but one thing they did do was manage to keep a lid on electricity and gas prices. The cost of these have rocketed since this lot were in. Wonder haw many front benchers have shares in utilities companies........

Re: The Energy Rip-off

PostPosted: Mon Oct 29, 2012 9:44 am
by CadburyMan
Governments of all persuasions have had the opportunity to do something about the situation and have chosen to do nothing. Labour in all their years of opposition had a golden opportunity to plan; they had years in power to "DO" and failed. Current gang are in exactly the same position but will we see anything happen ????????

Keep the prolls suppressed seems to be the mantra

Re: The Energy Rip-off

PostPosted: Mon Oct 29, 2012 12:38 pm
by Robpthegills
Sorry posh....hardly drop of a hat to defend thatcher.

The other poster called it a Greed is Good Thatcher era.....

Am I not allowed to defend that comment then without it being a drop of a hat reaction.

Bearing in mind millions still believe the Thatcher years were good years, and lots of good stuff was done as well as lots of bad stuff.

I have always felt that something as fundamental as Water, Gas and Electricity should be state owned, else our populace could almost be held for ransom. Why is it our water rates increase yet our ability to harvest the water never improves. I dont know.

Re: The Energy Rip-off

PostPosted: Mon Oct 29, 2012 5:55 pm
by sotongill
Rob , as "the other poster" , i mentioned the Thatcher administrations in response to the "tell Sid" comment , but if you read my post again you'll see that i say previous Governments , meaning both sides .

Anyway , think we're both in violent agreement that essential utilities should be state owned to protect the people in this country .

Re: The Energy Rip-off

PostPosted: Mon Oct 29, 2012 7:04 pm
by Garawa
I think the actual prices have risen exponentially over the last 2 years or so and is governed by outside forces so I don't think that can be blamed on the government. However they will be equally to blame if they fail to address the situation.

There was an interesting article on the local news this evening. The London Array is the largest wind farm in the world (I think that's what they said) and has just started supplying electricity to the grid. Its been there for years so why it has taken this long I don't know and many more are being added. Which companies own these installations? Surely their prices should decrease as it gets bigger? If these farms were to grow along with solar panels feeding electricity back shouldn't we see prices go down not up? It seems there is an opportunity, one that will almost certainly be wasted.

Re: The Energy Rip-off

PostPosted: Mon Oct 29, 2012 11:59 pm
by Elgrande
One big problem during the "golden age" of public ownership was a total lack of investment or accountability. Most water mains pipes are over 50 years old, the gas main system was not updated for years and the electricity grid is outdated. Our electric was due to run at leat 80% underground by the 80's. I agree utilities should be under public ownership, but much more open to public scrutiny and not put back in the hands of the Unions.