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-   -   Rishi Sunak Chancellor Statements 2022 (https://www.thisisbigbrother.com/forums/showthread.php?t=380135)

Kizzy 23-03-2022 12:56 PM

Is anyone tempted by the green incentive? I would get solar but not planning on staying in this house past 2027.

Oliver_W 23-03-2022 01:01 PM

Quote:

Originally Posted by Kizzy (Post 11148863)
Is anyone tempted by the green incentive? I would get solar but not planning on staying in this house past 2027.

Oo you moving abroad?

Solar panels might help inflate your selling price, so may as well snap some up while the going's good!

Kizzy 23-03-2022 01:05 PM

Quote:

Originally Posted by Cherie (Post 11148858)
I imagine people will get a credit for the first 12,500 then payment kicks in after that

Right, and the NHS funding, they will absorb that too?

It seems odd we are being relieved of that and yet increases in council tax are stated as for adult social care. Why is that our responsibility?

Kizzy 23-03-2022 01:07 PM

Quote:

Originally Posted by Oliver_W (Post 11148865)
Oo you moving abroad?

Solar panels might help inflate your selling price, so may as well snap some up while the going's good!

Well they might I guess but I'd rather put them on my next place.

user104658 23-03-2022 01:09 PM

Quote:

Originally Posted by Kizzy (Post 11148863)
Is anyone tempted by the green incentive? I would get solar but not planning on staying in this house past 2027.

The way things are going, if I was in my "forever home" I'd be doing everything possible to become as energy-self-sufficient as possible. The elephant in the room with personal renewable energy is that at some point, the raw materials for batteries are ALSO going to become prohibitively expensive :facepalm:. If you have the ability to take your home off-grid for energy and plan to stay there, it's an extremely sensible investment.

If buying outright rather than on a scheme it's probably worth it anyway, as they're likely to increase the selling price of the property, and then that extra can be used to fit new ones on the new property.

user104658 23-03-2022 01:16 PM

Quote:

Originally Posted by Cherie (Post 11148860)
I dont know where this 54% increase is coming from, we got our new DD today and it is closer to 100% rise

You need to scrap your fixed-rate direct debit and go on variable rate. Some people are being set daft new DD's of £700+ a month.

[edit to add] Realistically though yes after October, expect to pay double what you've been paying, unless you cut usage.

Cherie 23-03-2022 01:21 PM

Quote:

Originally Posted by Toy Soldier (Post 11148875)
You need to scrap your fixed-rate direct debit and go on variable rate. Some people are being set daft new DD's of £700+ a month.

[edit to add] Realistically though yes after October, expect to pay double what you've been paying, unless you cut usage.

oh its not that bad :laugh: I will be having a chat with them though to explain why the rise is higher than 54%

user104658 23-03-2022 01:22 PM

If it much more than doubles then realistically there'll have to be political intervention because it's not just a case of "people will struggle to pay it" - people simply won't be able to pay it, won't pay it, will go into massive energy debt that the companies will be unable to reclaim any time soon, and they'll bust.

Put it this way... let's say a young family ends up with a £3000 energy debt, their living situation becomes unmanageable and they end up moving in with parents. All that can happen to that £3k debt is that it gets bought by a debt collector for a fraction of what it's worth, and then the struggling family sets up a token payment of £20 a month or whatever. The energy company barely sees a sniff of that £3000 debt. Ever. They have no other legal avenue to go down, there are rules about debt collection and affordability.

Multiply that by a million families :shrug:.

user104658 23-03-2022 01:25 PM

Quote:

Originally Posted by Cherie (Post 11148878)
oh its not that bad :laugh: I will be having a chat with them though to explain why the rise is higher than 54%

They set the DD wo be spread out over 12 months and this 54% rise is only until October. After October there will be another larger rise. The increase is to cover that. :worry:

For us realistically we can cover it doubling or even tripling (which would be insane, given my bill is already £155 a month) as we're both set for promotions in April but I swear to god... it's ****ing demoralising to get promotions and pay rises just for half of them to be wiped out by energy bills and car costs. Working harder and more responsibility just to tread water.

Alf 23-03-2022 01:30 PM


Cherie 23-03-2022 01:30 PM

Quote:

Originally Posted by Toy Soldier (Post 11148880)
They set the DD wo be spread out over 12 months and this 54% rise is only until October. After October there will be another larger rise. The increase is to cover that. :worry:

For us realistically we can cover it doubling or even tripling (which would be insane, given my bill is already £155 a month) as we're both set for promotions in April but I swear to god... it's ****ing demoralising to get promotions and pay rises just for half of them to be wiped out by energy bills and car costs. Working harder and more responsibility just to tread water.

what is confusing me it says the DD is for what prices are now....so the likelihood is it will rise again in Oct that is what I need to confirm with them, if it stays at what they have set it at its insane but doable..


ours was 149, its gone to 289....

bots 23-03-2022 01:31 PM

Quote:

Originally Posted by Cherie (Post 11148878)
oh its not that bad :laugh: I will be having a chat with them though to explain why the rise is higher than 54%

my gas is fixed, so no problem there, i am on standard tariff for elec because a fixed tariff price was just insane. I think my rate rise is about 50% or so, certainly not significantly more than that

Cherie 23-03-2022 01:33 PM

according to Martin Lewis if you ditch DD and go variable you pay a higher rate

https://www.msn.com/en-gb/money/othe...?ocid=msedgntp

bots 23-03-2022 01:35 PM

Quote:

Originally Posted by Cherie (Post 11148884)
according to Martin Lewis if you ditch DD and go variable you pay a higher rate

https://www.msn.com/en-gb/money/othe...?ocid=msedgntp

was your quote for a fixed tariff? That will be more expensive than going standard tariff at the moment

The Slim Reaper 23-03-2022 01:36 PM

I can see people taking to the stree... Oh yeah, you'll be arrested if you try. Funny that...

Cherie 23-03-2022 01:43 PM

Quote:

Originally Posted by bitontheslide (Post 11148886)
was your quote for a fixed tariff? That will be more expensive than going standard tariff at the moment

nope standard tariff, the fix they are offering is 4K a year :facepalm:

I have bounced off an email, I am not even that much in debit just over 100.00 which you would expect at this time of year

cheeky twats

bots 23-03-2022 01:45 PM

Quote:

Originally Posted by Cherie (Post 11148890)
nope standard tariff, the fix they are offering is 4K a year :facepalm:

thats in line with the insane quote they offered me :laugh:

Cherie 23-03-2022 01:47 PM

Quote:

Originally Posted by bitontheslide (Post 11148891)
thats in line with the insane quote they offered me :laugh:

and they claim its their most popular fix :joker:

user104658 23-03-2022 02:07 PM

Quote:

Originally Posted by Cherie (Post 11148882)
what is confusing me it says the DD is for what prices are now....so the likelihood is it will rise again in Oct that is what I need to confirm with them, if it stays at what they have set it at its insane but doable..


ours was 149, its gone to 289....

They won't give a clear answer I don't think, it depends on what happens over the next 6 months.

user104658 23-03-2022 03:19 PM

If it helps at all Cherie, a friend of my wife got a DD quote that had tripled (lol) but after talking with the company it only actually went up 25%.

Honestly IMO now that we're heading into summer... it's probably better just to get billed for actual usage and prep for spending more in winter.

I'm currently jelly of my sister, who still has an open fire and lives in the middle of nowhere. And she knows local loggers so she can get the wood practically free! (they'll drop off a literal shedload that will last an entire winter for < £100)

Meanwhile we're all paying through the nose for gas :hmph:.

arista 23-03-2022 03:22 PM

https://i.dailymail.co.uk/1s/2022/03...8044318570.jpg

arista 23-03-2022 03:24 PM

https://i.dailymail.co.uk/1s/2022/03...8045952967.jpg

arista 23-03-2022 03:26 PM

https://i.dailymail.co.uk/1s/2022/03...8044037213.jpg
[Shadow Chancellor Rachel Reeves accused
Sunak of delivering 'increasingly incredible claims',
telling MPs: 'Perhaps the Chancellor has been
taking inspiration from the characters
of Alice in Wonderland - or should I say Alice
in Sunak-land, because nothing here is
quite as it seems either.]


Pathetic to use Alice in Wonderland
in my view.



https://www.dailymail.co.uk/news/art...y-NOTHING.html

Crimson Dynamo 23-03-2022 03:35 PM

Tesco meal deal ha risen 50p to £3.50

AnnieK 23-03-2022 03:52 PM

Quote:

Originally Posted by LeatherTrumpet (Post 11148933)
Tesco meal deal ha risen 50p to £3.50

Its still £3 if you use your clubcard


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