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Old 23-03-2022, 12:56 PM #51
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Is anyone tempted by the green incentive? I would get solar but not planning on staying in this house past 2027.
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Old 23-03-2022, 01:01 PM #52
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Originally Posted by Kizzy View Post
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!
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Old 23-03-2022, 01:05 PM #53
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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?
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Old 23-03-2022, 01:07 PM #54
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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.
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Old 23-03-2022, 01:09 PM #55
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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 . 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.
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Old 23-03-2022, 01:16 PM #56
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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.

Last edited by Toy Soldier; 23-03-2022 at 01:18 PM.
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Old 23-03-2022, 01:21 PM #57
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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 I will be having a chat with them though to explain why the rise is higher than 54%
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Old 23-03-2022, 01:22 PM #58
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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 .
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Old 23-03-2022, 01:25 PM #59
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oh its not that bad 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.

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.

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Old 23-03-2022, 01:30 PM #60
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Old 23-03-2022, 01:30 PM #61
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Quote:
Originally Posted by Toy Soldier View Post
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.

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....
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Old 23-03-2022, 01:31 PM #62
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Originally Posted by Cherie View Post
oh its not that bad 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
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Old 23-03-2022, 01:33 PM #63
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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
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Old 23-03-2022, 01:35 PM #64
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Quote:
Originally Posted by Cherie View Post
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
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Old 23-03-2022, 01:36 PM #65
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I can see people taking to the stree... Oh yeah, you'll be arrested if you try. Funny that...
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Old 23-03-2022, 01:43 PM #66
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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

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
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Old 23-03-2022, 01:45 PM #67
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Quote:
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nope standard tariff, the fix they are offering is 4K a year
thats in line with the insane quote they offered me
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Old 23-03-2022, 01:47 PM #68
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Quote:
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thats in line with the insane quote they offered me
and they claim its their most popular fix
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Old 23-03-2022, 02:07 PM #69
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Quote:
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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.
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Old 23-03-2022, 03:19 PM #70
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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 .
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Old 23-03-2022, 03:22 PM #71
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Old 23-03-2022, 03:24 PM #72
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Old 23-03-2022, 03:26 PM #73
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[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

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Old 23-03-2022, 03:35 PM #74
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Tesco meal deal ha risen 50p to £3.50

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Old 23-03-2022, 03:52 PM #75
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Tesco meal deal ha risen 50p to £3.50
Its still £3 if you use your clubcard
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