not necessarily 100%

At Octopus we use renewable energy sources primarily from wind, solar and hydro (water) sources to power our 100% green electricity.

Gas & Electricty Prices Crises ( 12:20PM : Poor to get £650)
 

That’s good


I just wonder what they were thinking at the first meeting ...

“ right we need a good , memorable name that sounds reliable and trustworthy “

“ Octopus !! “


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Ours have gone silly.
In the downwards direction.
We pay £96 a month direct debit fixed until February, but we can’t be using much as this months bill is only £56 so we are another £40 in credit.

Sounds like a glitch ..

I’d start saving up ;)


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my payment also came down, i forced them to do a review of what i was paying them .... boom big reduction

People on Working Tax Credit have to wait more than 3 months until the autumn before they get any of this money.

But no date has been mentioned. Could be late October/November.

https://nltimes.nl/2022/07/27/dutch-...highest-europe

The Netherlands has the second highest gas price in Europe, with Dutch consumers paying about double the EU average. Only Sweden has a higher gas price, Energievergelijk.nl reports after analyzing figures from the Household Energy Price Index on 33 European countries.

Netherlands residents pay 0.2319 euro per kilowatt hour (kWh) of gas, or 2.25 euro per cubic meter of gas, including taxes and grid costs. Sweden pays 0.2379 euros per kWh or 2.31 euros per cubic meter of gas. Gas is significantly cheaper in Germany (0.14 euros per kWh) and Belgium (0.12 euros per kWh).

“We owe our high gas price to a large extent to the high taxes. Over 37 percent of our gas bill consists of government levies, namely energy tax and VAT. Nowhere else in Europe is this share so high,” said Koen Kuijper of Energievergelijk.nl. The rest of the Dutch gas price consists of 57 percent of fixed and variable supply costs paid to the energy supplier and just over 6 percent to grid management costs.

Because gas also plays a significant role in Dutch electricity production, the Netherlands electricity price is also above average. Netherlands residents pay 30.5 euro cents per kWh of electricity, 4 cents more than the European average. The Netherlands has the 10th highest electricity price in Europe.

[Energy giants Shell and Centrica enjoy soaring profits as prices rise

British Gas owner Centrica enjoyed half-year
profits five times higher than those in 2021's first six months,
while Shell attributed its enormous numbers to higher prices,
refining profits, and gas trading.

Shell has reported record profits of $11.5bn (£9.4bn)
for the second quarter, more than double
last year's figure of $5.5bn (£4.5bn).

The oil giant had already smashed its own
quarterly record at the start of the year when
it clocked up profits of $9.1bn (£7.2bn),
but the sums continued to rise into Q2.

Shell attributed the enormous numbers to
higher prices, refining profits and gas trading,
though this was partly offset by
lower liquefied natural gas trading.]



The Government must tell them
to reduce their prices

https://news.sky.com/story/energy-gi...-rise-12660367

There are predictions now that energy costs could be £500 a month over the winter. A completely different strategy is required now from the government

I know the British right always harkens to times past, but sending folks back to the Victorian times seems a little extreme, even for tories.

Another £400 energy bills discount
to support households this winter


https://www.gov.uk/government/news/4...ds-this-winter

Bills are going up another £500/month in January, so that £400 isn't going to last very long.

Instead of addressing the main cause - energy profiteering, they are doing next to nothing. Jeremy would have sorted this out by nationalising them.

I agree Slim.


But I had to update the thread

I posted a Solution on the Keir Starmer thread

It's not another one it's the one announced ages ago now.
The way they are planning to pay it seems a bit off too.

I don't need it myself but for those who get bills in December January this isn't going to ease the burden significantly at that moment in time.

Sorry Joey
they put yesterdays date on it
and tricked me,

Nice of you to agree that jeremy would have sorted this mess out.

Look Corbyn
is not the only one
asking Labour to change its mind

Well no, but Corbyn is the only one to have a policy to solve this before it even became an issue.

For Slim

https://pbs.twimg.com/media/FY7jZlRW...g&name=900x900

By Cold War Steve

BP has reported massive profits for the three months to June after oil and gas prices soared.

The energy giant saw underlying profits hit $8.45bn (£6.9bn) - more than triple the amount it made at the same time last year.

The figure is the second highest in the firm's history and takes its half-year profits to $14.6bn.