How can they justify the increase in your electricity bill !?

[Mike Johnson]

Any of these utilities sell off's in France would be met by blockading of the Paris Paeriferic, burning of tyres at roundabouts, people in yellow gilets patrolling the streets, hang on this all sounds a bit familiar.

 

[brianmoooore]

I have about 6000 litres of oil storage capacity and about 1000 litres left in them. Two are down to about 100 litres each, so I'm going to have to move some around before long, and try to hold out from buying any until the price comes down again.

 

[nicebutdim]

That was ex-vat six days ago - just checked now and it's gone up to 96p ex VAT

Ordered 900 litres for my parents on Sunday at an eye-watering £604.80. Delivered Thursday, by which time the cheapest price locally for that quantity was £899.

 

[Rockingit]

I have about 6000 litres of oil storage capacity and about 1000 litres left in them. Two are down to about 100 litres each, so I'm going to have to move some around before long, and try to hold out from buying any until the price comes down again.

Eek! I'm thinking that I may just have to bite the bullet and get in 500, I'm off in a few days on tour for 4-5 weeks and the risk of the domestic fall-out if it did actually go dry just isn't worth it!!

 

[brianmoooore]

IIRC, the initial fill for my CH tank was 7p/l.

 

[Mike Johnson]

I have about a 1000lts in my tank and use about 100lts/week so working on that scenario I have approximately enough fuel for nine weeks will Putin have been assassinated by then and the price come down, doubt it, so ordered 500lts at a cost of £503.74, no idea when it will be delivered.

 

[brianmoooore]

The problem with the two that are down to 100l each is that the holiday cottage business has gone mad!
Normally, I'd expect to let around three weeks for the whole of January, February and March, but this year we have been virtually solid for all three months, and it continues all the way to the end of November.
We did have a run of five empty days for one of them, so started to do an 'enhanced' clean. Then the 'phone rang, and a couple wanted to book two nights this weekend. All this means that the heating is on continuously at a time when it's normally switched off.

 

[Mike Johnson]

I don't think you are going to get much sympathy by earning more than normal at least you will have enough to pay for the oil and can justifiably put up your price's to compensate.

 

[nicebutdim]

Eek! I'm thinking that I may just have to bite the bullet and get in 500, I'm off in a few days on tour for 4-5 weeks and the risk of the domestic fall-out if it did actually go dry just isn't worth it!!

Some local suppliers are limiting deliveries to 300l. I don't think there's a shortage of oil on the global market, but not enough where it needs to be - most likely due to speculation on the part of those selling supplies to the UK.

 

[brianmoooore]

It's making up for what we didn't earn over the last two years (plus a bit more to be honest), Yes, I can pay for the oil, but I'm still not enthused about paying £5000 for something that would have cost £2500 a short while ago, and £2500 is several weeks of bookings at this time of year.
Prices I can charge are already published and fixed right up the beginning of March 2024.

 

[Mike Johnson]

I do think you have a justifiable reason to charge a supplement for the non envisaged unprecedented heating oil price rise, when you originally set your charge's you did not know there was going to be a war, well I didn't, but my wife is clairvoyant, well she always tell me what I want.

 

[7029 dave]

Yeah just pass it on to the end consumer, nothing changes.

 

[Mike Johnson]

Yeah just pass it on to the end consumer, nothing changes.

How else do you compensate for an increase in costs?

 

[brianmoooore]

I have no say whatsoever in setting the holiday charges. Any increase would have to be made by the company that I'm under contract to provide accommodation for. They get the bookings, take an outrageous commission and other charges, and pass the remainder on to me.

 

[7029 dave]

How else do you compensate for an increase in costs?

I did not say there is another way. Im free to moan about it though.

 

[Zerax]

What's political about the facts ? Electricity in France is cheaper now and has been for decades lol. They are state owned. Like you say always question what you read and hear even if it is what you want to hear just to confirm a preconception.

Price differences are due to many many things.... but being state owned makes things more expensive ! It's down to the highly inefficient way they are run.

 

[Zerax]

Makes me wonder if nationalization of the energy sector would be better, because we just cant keep taking these price rise's.

There is no one single solution... but a range of things that need to be done... like re-opening the Rough gas storage facility, removing the ridiculous 'green' levies, having more nuclear power, make FIT more like 1:1, immediately stopping new builds from having gas boilers, increasing the building regulation standards on insulation, importing more LNG.. etc etc.... Nationalised industries have been proven, time and time again to be highly inefficient.

 

[Zerax]

...the Electricity supplier being a non profit making organisation not having to satisfy its share holders the cost would be held down.

No... it doesn't work that way. 'Non-profit' organistions simply load up the expenses so that they don't show a profit. It's largely a scam. A very frequently used scam, but still a scam.

It is generally accepted that the 'profit motive' is a good thing... in that it encourages efficiencies, similar to competition.

 

[7029 dave]

IMO in general with any private sector its all about making money so much money to feed the fat cat salary's and greedy shareholders etc, and they dont want to put anything back into the infrastructure.
With the take up of the electric car, doubt the system will be able to cope because its antiquated due to lack of investment in it.
The unions were crushed by Maggie Thatcher decades ago, yes they got too big for their boots and held the country to ransom, but them days are long gone.

LOL I sound like a leftie but am not just a realist

 

[nicebutdim]

The unions were crushed by Maggie Thatcher decades ago, yes they got too big for their boots and held the country to ransom, but them days are long gone.

Public sector union representatives are still a powerful force and wield significant influence over one of our largest political parties. That influence isn't often favourable to workers in the private sector.

 

[Mike Johnson]

No... it doesn't work that way. 'Non-profit' organistions simply load up the expenses so that they don't show a profit. It's largely a scam. A very frequently used scam, but still a scam.

It is generally accepted that the 'profit motive' is a good thing... in that it encourages efficiencies, similar to competition.

To be perfectly honest I don't care as long as the price to the consumer is held down to an affordable level, "profit motive" is only a good thing if you are a share holder, its never passed onto the consumer.

 

[OnlQQker]

Well, at least Elon Musk is standing up towards them!

Elon Musk says Starlink won’t block Russian news sources ‘unless at gunpoint’

Elonk Musk tweets he’s ‘sorry to be a free speech absolutist’

www.independent.co.uk

 

[ayanahmedco]

What is FPA? I notice a lot of charges in my bill mentioned on my bill very month and sometimes they are more than the actual bill. Really strange.

 

[brianmoooore]

Fuel Price Adjustment....

 

[ayanahmedco]

In the UK electricity getting expensive. I think installing solar and wind can decrease the prices but the best and cheap if we have dams. A country like India or Pakistan has a lot of potential to produce the electricity through water

 

[ayanahmedco]

Why do the electricity companies increase the per-unit price after a set number of units? I usually see the price almost double after 300 units.