Discuss How has 2022 been so far? How's the economy affecting you? Any tips? in the UK Electrical Forum area at ElectriciansForums.net

Dan

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How has 2022 been so far? How's the economy affecting you? Any tips?

This email has been sent to all members of the forum. I thought we could help each other out.

How is your business doing? How has the economy (and I hear recession being said here and there in the news now) affected you at home and your business?

Any tips for these big fuel bills, energy bills etc?
 
2021/22 has been fine .Good client base , all have money none cared about lockdown , so work carried on etc etc .Dont work for cash poor people .
 
Not too bad , only BAD thing on the horizon is Higher Interest Rates which will mean my mortgage repayment goes UP
 
How has 2022 been so far? How's the economy affecting you? Any tips?

This email has been sent to all members of the forum. I thought we could help each other out.

How is your business doing? How has the economy (and I hear recession being said here and there in the news now) affected you at home and your business?

Any tips for these big fuel bills, energy bills etc?
Business has been going well BUT time to start taking it easy (I am 67 )
Top tip - get solar pv and a battery if you havent already. THen get an ev :)
 
I work primarily in the domestic sector, haven't gone PV or EV as close to retirement hopefully. Round my way, a lot of people are tightening their belts, I'm only really getting emergency call outs, EICRs and the odd extension etc with builders I work with.
Fortunately I've a side business where 45-60 minutes on the phone or talking face to face makes more than my day rate.
 
I work primarily in the domestic sector, haven't gone PV or EV as close to retirement hopefully. Round my way, a lot of people are tightening their belts, I'm only really getting emergency call outs, EICRs and the odd extension etc with builders I work with.
Fortunately I've a side business where 45-60 minutes on the phone or talking face to face makes more than my day rate.
Its never too late :)
 
Also on my 4th holiday this year, and 2 more to come. Being retired, every day is a holiday, I suppose...but I get a trickle of nice jobs now and then, all local to me so no long journeys.
I appreciate many folks will be concerned about higher interest rates, but we have had artificially low mortgage rates for many years now, and for us oldies a decent rate on our savings would be nice. My first mortgage rate was 14.5%, so that was a huge outgoing at the time. I remortgaged a few years later at 11% and thought I had won the lottery!
Pies! I love pies! Here's a tip, when heating a pie, don't preheat the oven and heat the pie for 20 minutes. If you have a combi microwave oven it may have pre-sets. Mine has several, one is for pizza. I use that, and the pie is ready in 6 minutes, so uses a lot less electricity.
 

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