Energy Companies Going Bust

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Energy Companies Going Bust

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croydon proud Any european country i fancy! 23 Sep 21 3.50pm
In short, the news reader said, fire in cables in Kent, and we paid France to make some more and send to us, which they did- very neighbourly or the European chaps, tres bien monsieurs!
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croydon proud

Any european country i fancy! 23 Sep 21 3.50pm

In short, the news reader said, fire in cables in Kent, and we paid France to make some more and send to us, which they did- very neighbourly or the European chaps, tres bien monsieurs!

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steeleye20 Croydon 23 Sep 21 4.31pm
Originally posted by Stirlingsays Valid criticisms can be made, though in truth Labour made no great changes in power.....made things worse in reality with GP contracts, selling the gold, not fixing energy nor housing.....it didn't take a rocket scientist to see problems. However, the idea that the conservatives are something akin to evil is ridiculous. The sheer size of the welfare state attests to that.....You came back here, when you profess such dislike of the country. I doubt it was for jars of marmite. 'National insurance hike to hit NHS and care staff with £900m tax bill' Nothing like being heroes in Tory Britain.
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steeleye20

Croydon 23 Sep 21 4.31pm

Originally posted by Stirlingsays

Valid criticisms can be made, though in truth Labour made no great changes in power.....made things worse in reality with GP contracts, selling the gold, not fixing energy nor housing.....it didn't take a rocket scientist to see problems.

However, the idea that the conservatives are something akin to evil is ridiculous. The sheer size of the welfare state attests to that.....You came back here, when you profess such dislike of the country.

I doubt it was for jars of marmite.

'National insurance hike to hit NHS and care staff with £900m tax bill'

Nothing like being heroes in Tory Britain.

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croydon proud Any european country i fancy! 23 Sep 21 4.34pm
Originally posted by steeleye20 'National insurance hike to hit NHS and care staff with £900m tax bill' Nothing like being heroes in Tory Britain. Jacob will sort it all out, he will get advice from nanny, wheres Jacob?
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croydon proud

Any european country i fancy! 23 Sep 21 4.34pm

Originally posted by steeleye20

'National insurance hike to hit NHS and care staff with £900m tax bill'

Nothing like being heroes in Tory Britain.

Jacob will sort it all out, he will get advice from nanny, wheres Jacob?

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SW19 CPFC Addiscombe West 23 Sep 21 6.28pm
Originally posted by Badger11 Like many my energy company Green has gone bust I am told I will be switched to one of the big 6 on a new deal which may cost £400 pa more. I have a good credit rating so if I don't like the new deal and there are better ones available ? I can switch. I feel sorry for people who are hard up and may be in arrears as I doubt they will have the same choice. I'm starting this thread to raise a couple of issues I will post on these separately to make it easier for people to respond to. My deal runs out end of this month. I switch every year, much like car insurance and so on. This time, just in time for the price cap raise, and just in time for the supply constraints for both gas and electric to go into a turbo squeeze. All the best deals have been pulled, the best I can get is a 40% increase. The chat is that after this is over there may only be around 10 suppliers left in the UK. In 2018 there were 70… The sooner someone cracks fusion the better. Although like the electric car that’ll be deferred so the energy industry doesn’t completely collapse overnight Did you know? 98.0000001% of people are morons.
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SW19 CPFC

Addiscombe West 23 Sep 21 6.28pm

Originally posted by Badger11

Like many my energy company Green has gone bust I am told I will be switched to one of the big 6 on a new deal which may cost £400 pa more.

I have a good credit rating so if I don't like the new deal and there are better ones available ? I can switch.

I feel sorry for people who are hard up and may be in arrears as I doubt they will have the same choice.

I'm starting this thread to raise a couple of issues I will post on these separately to make it easier for people to respond to.

My deal runs out end of this month. I switch every year, much like car insurance and so on. This time, just in time for the price cap raise, and just in time for the supply constraints for both gas and electric to go into a turbo squeeze.

All the best deals have been pulled, the best I can get is a 40% increase. The chat is that after this is over there may only be around 10 suppliers left in the UK. In 2018 there were 70…

The sooner someone cracks fusion the better. Although like the electric car that’ll be deferred so the energy industry doesn’t completely collapse overnight

Did you know? 98.0000001% of people are morons.

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Rudi Hedman Caterham 23 Sep 21 6.58pm
These small companies were never going to last. COYP
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Rudi Hedman

Caterham 23 Sep 21 6.58pm

These small companies were never going to last.

COYP

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YT Oxford 23 Sep 21 7.00pm
Originally posted by chris123 When the old monopoly was split up, the infrastructure bit became Transco, and Transco is now part of National Grid - nothing to do with British Gas. You are still not quite correct. National Grid owns the gas transmission network (the big pipes that carry gas up and down and across the country) whereas regional operators own the local distribution networks (the smaller pipes that go all the way to individual properties). British Gas (as you allude) is merely a gas trader just like all the others, with (as you say) no responsibility for any pipes. It just happens to have a lot more customers than all the others. It also has an appliance servicing business. Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)
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Oxford 23 Sep 21 7.00pm

Originally posted by chris123

When the old monopoly was split up, the infrastructure bit became Transco, and Transco is now part of National Grid - nothing to do with British Gas.

You are still not quite correct.

National Grid owns the gas transmission network (the big pipes that carry gas up and down and across the country) whereas regional operators own the local distribution networks (the smaller pipes that go all the way to individual properties).

British Gas (as you allude) is merely a gas trader just like all the others, with (as you say) no responsibility for any pipes. It just happens to have a lot more customers than all the others. It also has an appliance servicing business.

Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)

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YT Oxford 23 Sep 21 7.03pm
Originally posted by steeleye20 There is no limit to the greed selfishness and cruelty of the conservative party. Rubbish. Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)
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Oxford 23 Sep 21 7.03pm

Originally posted by steeleye20

There is no limit to the greed selfishness and cruelty of the conservative party.

Rubbish.

Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)

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Stirlingsays 23 Sep 21 8.07pm
Originally posted by SW19 CPFC My deal runs out end of this month. I switch every year, much like car insurance and so on. This time, just in time for the price cap raise, and just in time for the supply constraints for both gas and electric to go into a turbo squeeze. All the best deals have been pulled, the best I can get is a 40% increase. The chat is that after this is over there may only be around 10 suppliers left in the UK. In 2018 there were 70… The sooner someone cracks fusion the better. Although like the electric car that’ll be deferred so the energy industry doesn’t completely collapse overnight Oh baby, if and when that happens everything changes. 'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)
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Stirlingsays

23 Sep 21 8.07pm

Originally posted by SW19 CPFC

All the best deals have been pulled, the best I can get is a 40% increase. The chat is that after this is over there may only be around 10 suppliers left in the UK. In 2018 there were 70…

The sooner someone cracks fusion the better. Although like the electric car that’ll be deferred so the energy industry doesn’t completely collapse overnight

Oh baby, if and when that happens everything changes.

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

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HKOwen Hong Kong 24 Sep 21 2.01am
I have a fixed tariff contract with Ovo who have sent a "note of reassurance ". The contract is until September 2022 so unless they go bust should be ok. The energy companies that are going bust seem to be those that were just trying to clip a percentage on volume and keep low overheads. Leeches basically As a general point we need to be much more energy independent. We are buying gas that is produced by fracking from other countries at a higher price than we can produce ourselves which is economic stupidity. The argument for SMR's is compelling. If we had the ability to generate through hydro that would be great, but we don't. Wind power is unstable and the carbon damage in building the turbines in huge, and they have a relatively limited life span. However, many in the wind lobby earn millions of pounds allowing turbines on their land, Cameron's father-in -law being one. Tidal seems to be theoretically good, Swansea was binned by Govt vested interests but now seems to be possible through a private investment Edited by HKOwen (24 Sep 2021 2.09am) Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance.
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HKOwen

Hong Kong 24 Sep 21 2.01am

I have a fixed tariff contract with Ovo who have sent a "note of reassurance ". The contract is until September 2022 so unless they go bust should be ok.

The energy companies that are going bust seem to be those that were just trying to clip a percentage on volume and keep low overheads. Leeches basically

As a general point we need to be much more energy independent. We are buying gas that is produced by fracking from other countries at a higher price than we can produce ourselves which is economic stupidity. The argument for SMR's is compelling. If we had the ability to generate through hydro that would be great, but we don't. Wind power is unstable and the carbon damage in building the turbines in huge, and they have a relatively limited life span. However, many in the wind lobby earn millions of pounds allowing turbines on their land, Cameron's father-in -law being one.

Tidal seems to be theoretically good, Swansea was binned by Govt vested interests but now seems to be possible through a private investment

Edited by HKOwen (24 Sep 2021 2.09am)

Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance.

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cryrst The garden of England 24 Sep 21 5.16am
Originally posted by steeleye20 'National insurance hike to hit NHS and care staff with £900m tax bill' Nothing like being heroes in Tory Britain. What each?
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cryrst

The garden of England 24 Sep 21 5.16am

Originally posted by steeleye20

'National insurance hike to hit NHS and care staff with £900m tax bill'

Nothing like being heroes in Tory Britain.

What each?

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Spiderman Horsham 24 Sep 21 7.23am
Originally posted by steeleye20 'National insurance hike to hit NHS and care staff with £900m tax bill' Nothing like being heroes in Tory Britain. Just them? My wife worked throughout the pandemic, she will be hit as well. As she is not one of the above, presumably not such a good headline Edited by Spiderman (24 Sep 2021 7.25am)
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Spiderman

Horsham 24 Sep 21 7.23am

Originally posted by steeleye20

'National insurance hike to hit NHS and care staff with £900m tax bill'

Nothing like being heroes in Tory Britain.

Just them? My wife worked throughout the pandemic, she will be hit as well. As she is not one of the above, presumably not such a good headline

Edited by Spiderman (24 Sep 2021 7.25am)

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becky over the moon 24 Sep 21 8.36am
Originally posted by steeleye20 'National insurance hike to hit NHS and care staff with £900m tax bill' Nothing like being heroes in Tory Britain. A lot of that will come from the £90K+ consultants' salaries though.......not to mention the even better paid Management staff. Edited by becky (24 Sep 2021 8.37am) A stairway to Heaven and a Highway to Hell give some indication of expected traffic numbers
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