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Energy price cap

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The groover Flag Danbury 09 Sep 22 9.33am Send a Private Message to The groover Add The groover as a friend

The media always quotes this as the average amount. i.e. Cap at £2500.

This is a totally incorrect way of stating the cap and is very confusing to the general public. I've already heard people saying yay I can have my heating on full blast over the winter to f*** the Tories over.

The cap is on the cost per unit of gas and electricity. Therefore if you use more than the average you will pay more. If you use less you pay less. The idea that you can "screw" the tories over by leaving all the lights and heating on is just plain stupid.

When I told said person they looked extremely confused. But on the news it said the most I will pay is £2500. I had to show them the section that said the cap was on the price per unit. It took a while but they eventually got it.

 

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Badger11 Flag Beckenham 09 Sep 22 10.10am Send a Private Message to Badger11 Add Badger11 as a friend

Than you for that clarification I was wondering the same thing.

I live in a modern flat my energy bill last year was £600 this year it has doubled to £1200 so nowhere near the £2500 so I wasn't sure if this meant that it could go from £1200-£2500 before the cap kicked in which isn't much help.

As you say it would be far better for the media to explain the cap relates to your usage and the average fuel bill is just that an average. Many of us don't pay anywhere near that.

Edited by Badger11 (09 Sep 2022 10.11am)

 


One more point

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The Dolphin Flag 09 Sep 22 11.37am Send a Private Message to The Dolphin Add The Dolphin as a friend

It was going to be that whatever your average bills are now would rise by 80% in October and further 53% in January and further 20% in April next year.
I haven't looked at the detail but am just pleased that people won't see those huge rises and will also still get the £400 discount over the coming months as well.

 

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The Dolphin Flag 09 Sep 22 11.39am Send a Private Message to The Dolphin Add The Dolphin as a friend

Badger - your £1,200 would have become nearly £4,000 come next April without the cap.
What it will be now I have no idea but nothing as high as that - maybe more like £1,600 now

 

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Badger11 Flag Beckenham 09 Sep 22 12.40pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by The Dolphin

Badger - your £1,200 would have become nearly £4,000 come next April without the cap.
What it will be now I have no idea but nothing as high as that - maybe more like £1,600 now

Thanks I am sure there are people in a lot worse situation than me but nobody likes spending money if they don't have to.

 


One more point

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The groover Flag Danbury 09 Sep 22 1.46pm Send a Private Message to The groover Add The groover as a friend

I have an old large house the best thing I have done thus far was to install underfloor heating in the kitchen/downstairs loo with heat mats on the top of the wooden floor. I've also installed machined wood floor across the rest of the ground floor, again with heat mats under. This has resulted in a huge reduction in drafts and heat loss.

We also have Nest which is programable and can be controlled remotely. I'm just having a new efficient gas boiler installed (Hydrogen ready- with minor changes).

I've also reduced my reliance on gas by installing new electric radiators in our bedroom and the living room. Again programable.

 

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Badger11 Flag Beckenham 09 Sep 22 2.41pm Send a Private Message to Badger11 Add Badger11 as a friend

The other day Edwina Curry got slaughtered for suggesting radiator reflectors.

Talk about shoot the messenger (cos she's a Tory) she was actually talking common sense.

I have been banging on about these for years. I have them on all my radiators and especially those which are on an outside wall. They cost about £50 and have saved me a fortune.

All you need is a pair of scissors, any good DIY store do them.

 


One more point

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croydon proud Flag Any european country i fancy! 09 Sep 22 4.34pm

Originally posted by Badger11

The other day Edwina Curry got slaughtered for suggesting radiator reflectors.

Talk about shoot the messenger (cos she's a Tory) she was actually talking common sense.

I have been banging on about these for years. I have them on all my radiators and especially those which are on an outside wall. They cost about £50 and have saved me a fortune.

All you need is a pair of scissors, any good DIY store do them.


Tin foil does the same job.

 

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ASCPFC Flag Pro-Cathedral/caravan park 09 Sep 22 5.06pm Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by croydon proud


Tin foil does the same job.

And looks classy too

 


Red and Blue Army!

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Badger11 Flag Beckenham 09 Sep 22 5.24pm Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by croydon proud


Tin foil does the same job.

It does indeed.

I thought about mentioning this but what if there was a fire?

As you are dealing with heat I think it better to go for a product that has been tested. As for the cost I did 7 radiators
(you only need to do rads on outer walls) and I went for a high end solution there were cheaper alternatives available.

 


One more point

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YT Flag Oxford 10 Sep 22 7.27am Send a Private Message to YT Add YT as a friend

Originally posted by The groover

The media always quotes this as the average amount. i.e. Cap at £2500.

This is a totally incorrect way of stating the cap and is very confusing to the general public. I've already heard people saying yay I can have my heating on full blast over the winter to f*** the Tories over.

The cap is on the cost per unit of gas and electricity. Therefore if you use more than the average you will pay more. If you use less you pay less. The idea that you can "screw" the tories over by leaving all the lights and heating on is just plain stupid.

When I told said person they looked extremely confused. But on the news it said the most I will pay is £2500. I had to show them the section that said the cap was on the price per unit. It took a while but they eventually got it.

It's a dilemma though, isn't it? The "cost for an average home" statistic was adopted by Ofgem and then the media as a classic piece of dumbing down in the face of a public that is generally too stupid or too lazy to understand most things beyond the very basic.

 


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

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beak Flag croydon 10 Sep 22 8.39am Send a Private Message to beak Add beak as a friend

A major silver lining to (no not tin foil) the energy help is that it will bring down inflation by up to 5% arguably this means that the B of E may well not need to up the Base Rate as much as previously thought,thereby keeping mortgages lower than anticipated.

 

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