Energy Bills Could Hit £6,552 in April
Thanks to the omni-crisis in the energy sector – Net Zero, Russian sanctions, lack of gas storage, inadequate investment in nuclear – the U.K. price cap is predicted to climb to £6,522 by next April. MailOnline has more.
Consultancy Auxilione said the price cap will be three times the current limit of £1,971-a-year – and £1,000 more than what was warned of just yesterday by another energy experts as it bases its forecast on Monday’s gas price.
Gas supplies – which the U.K. depends on for much of its energy – has been affected by Russia closing the Nordstream 1 gas pipeline for three days for unscheduled maintenance.
Though the UK does not depend on Putin’s gas exports, this raises the global price of gas which went up to £250 per megawatt hour on Monday.
British households are already reeling from a global fall in the supply of gas in the market last year which has sent energy bills skyrocketing, sparking a cost-of-living crisis, alongside inflationary pressures that have raised food prices.
Auxilion said that it believes the price cap, which will be announced for October on Friday, will be £3,576 from October, hitting £5,066 in January and then £6,552 in April.
On Monday, energy consultancy firm Cornwall Insight said gas and electricity bills said they expect bills to hit £5,300 in April price.
Today, EDF’s boss warned that families face a “dramatic and catastrophic” winter if the government does not provide help now as he said half of U.K. households could be in fuel poverty in January as a result of rocketing energy prices.
His comments came as the National Grid prepared to hold an exercise to test the resilience of the U.K.’s systems in the event of a gas supply emergency.
Experts have also warned of a ‘security of supply issue’ in the energy sector as almost 40% of the UK’s electricity was generated last year by gas.
However, No 10 told the BBC there is no reason to panic and households do not have to cut back on their energy use.
It also comes as research by Friends of the Earth, mapped the areas in the UK that will face the worst financial hardship as a result of unaffordable energy costs.
Worth reading in full.
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“However, No 10 told the BBC there is no reason to panic and households do not have to cut back on their energy use.”
Theres no need to panic because you will panic when we tell you.
Then when we substitute your gas payments for fuel rationing system and your food payments with UBI you will be so happy that you managed to survive the Winter of energy and fuel crisis absolutely not caused or intended by our policies.
I mean what a cock up, who could of imagined the “unintended” consequences of our actions. And again it’s just a coincidence that all Western government
s are doing the same thing.
Too think it’s part of a coordinated plan is so silly.
https://www.zerohedge.com/economics/great-reset-monetary-policy-coming-after-massive-money-supply-expansion
https://www.zerohedge.com/sponsored-post/fed-setting-cbdc-recession-trap
Oh the irony ppl freezing to death during the “climate emergency”. This is what happens when conservatives get boy-scouted by Marxists parading as scientists. For the millionth time a trace green house gas making up just 0.04% of atmospheric gases does not control earth’s climate.
And just what if this winter turns out to be the coldest for 60 years? Not beyond the bounds of possibility. I really hope the people who have manufactured, or been complicit in creating this crisis, get what’s coming to them – and I want a front row seat when they get their comeuppance.
Sadly there is no accountability in this country. I’ll raise you exhibit A the utter scumbag Michael Give who was the politician who pushed lockdown with a quasi religious devotion. For his crimes he will have millions thrown at him by various interest groups, be knighted and get a seat in the lords. Remember this total low life once applauded Thunberg too. That’s how it works.
Net Zero is the single biggest catastrophe that is coming down the track and will become increasingly worse unless the so called ‘settled science’ is properly questioned. It is not science and it is certainly not settled. There is no evidence that man is causing a problem. Yes, we should be using fossil fuels sensibly but the notion that there is a climate emergency is hyperbolic rubbish.
What are the government going to say? “panic” ?
I’m far from poor but even I’m concerned about energy costs being that high! The knock on effect for the economy will be dreadful.
I’m certainly going to be keeping the temperature as low as I can bear and I’ll be wearing extra jumpers. Another tip which is actually a pretty good one, is if you really need to economise, get yourself an electric blanket to use when watching TV in the evening. Better get one soon though, I have a feeling they will be selling out.
Don’t electric blankets, like electric cars, need electricity? What do you do when there is none?
I see that some people still are not understanding ‘Net Zero’ and to what that ‘zero’ refers.
How does using an electrickery blanket save money? And it’s no use if the ‘leccy is off.
TV? There’s nothing to bloody watch.
Up sticks to warmer climes. Turkey’s Lira is pretty cheap and diesel is about £1/litre.
People need to find their inner nomad again.
Turkey might come out of this one relatively well, yes.
I was speaking to a friend about stocking up with food for hard times ahead, and she said she’d be okay because she’s got a lamb and half a pig frozen. She wasn’t happy when I pointed out we may lose power for extended periods.
All my emergency stores are either dried or tinned. Boring, but we won’t starve (and I have got in plenty of dried food for the dogs as well!).
Amazing, isn’t it, such a dearth of imagination…
A friend came with me to a festival a few years ago, intending to share my large tent. In advance, she bought an air-mattress …. pumped by electricity…. and turned up with her hairdryer.
It’s the mentality of someone who has never even considered for a moment how something works …. it just does.
I too have stocked up on dry and tinned foods.
It’s not only households which are going to be hit with sky high gas bills. Every single enterprise from small to big will have their costs shot up destroying businesses and driving inflation even more for struggling households to ‘enjoy’ in addition. Great we didn’t overreact and spend hundreds of billions on the virus that is only dangerous to elderly and now have some financial reserve. Oh, wait…
‘Price cap’… I wonder what it reminds me of. Oh yes, it reminds me 2% annual inflation target for the BoE.
Good! Maybe our population of dozy sheep might wake up and do something about the climate change zealots and their political enablers in our Parliament & Government.
you don’t need to go too far, just check top rated comments on BBC on any controversial topic and you’ll understand that the majority of the population is brainwashed beyond repair. if only there is no electricity so that BBC can’t do the brainwashing…
I reckon a few weeks without their phones would do millenials and gen z the world of good. Personally I’m quite happy with a good book and a glass of wine. Just think how peaceful it will be with no power – well, apart from the screams of the dying of course.
With regard to gas storage, according to the Beeb global propaganda service (or something like that), there is more of it in the UK than on the mainland, along with regasification plant and some pipelines across the sea to Belgium and others. Thus there could be a fair bit of extra traffic by sea for Liquified Natural Gas (LNG). E.g. LNG from Qatar to Kent, then gas to Belgium etc. Might be some tax revenue for the usual suspects as well? https://www.southhooklng.com/ is one of them, and quite a few others. Although it’s not my trade, I did work with someone who had some understanding of what was done in the past to reduce the amount of traditional storage in the distribution network. They went for the tactic of using variable pressure, especially in the mains pipelines, so they kind of act as storage as well as distribution, with local adjustment equipment to maintain a reasonable pressure for domestic pipelines most of the time. The Beeb programme also said that these days we only extract about 50% of demand from the UK North Sea, with a large amount of the rest arriving from Norway by pipeline. They also said that… Read more »
It’s common sense that, now we’ve achieved nuclear fusion in a lab, we use gas for the next couple of decades and push a lot of money into expanding fusion research. Fusion is the future, powering homes, industry, aeroplanes, and even spacecraft. The fact they keep on playing the lie that ‘fusion is always 30 years away,’ when it clearly isn’t, amply demonstrates that the green scam to – in the words of the UN – ‘slow capitalism in the West to allow the rest of the world to catch up’ is going full throttle.
We need to get fracking now and need to get gas exploration in the North Sea going again. And we need to tell Greta ‘Looney Tune’ Thunberg to eff off if she has a theatrical freakout. Why a mentally-retarded high school dropout who demonstrates zero knowledge of the environment when questioned outside her heavily-rehearsed ‘speeches’ is still given the time of day pretty much shows how corrupt our system has become.
Hear, hear.
The weird thing is for us ‘hicks in the sticks’ we use oil heating and recently the oil price has dropped back a bit. There are about 3-4 million people dependent on oil heating and many of them like us will have already stocked up. Currently we have 12 Months supply of oil in the tank in our back yard, all paid for. It looks as though this winter using an oil boiler will be cheaper than running an air source heat pump on over priced electricity. For years we were told that oil was a terrible fuel option but just at the moment it looks quite attractive!
They are building some posh and expensive houses near here (rural area) that are all going to have air source heat pumps. We are very much an oil/lpg/woodburning locality, with a dodgy electric supply at the best of times – weekly power cuts are not unusual. Pity the poor souls that buy those – if they do.
Oh, they will buy them, and they’ll probably all arrive in Teslas.
They may leave on a horse and cart.
Like you we are in a rural area with no gas. We have just filled our oil tank which if we are careful will last until next spring. We also have an lpg fire in the living room and have just bought a heavy duty 2 burner lpg gas stove on which we can at least cook basic meals, and heat water for drinks and hot water bottles.
We have a large garage where we have always stored an amount of dried and tinned goods as we are some distance from the nearest shop. This is being steadily stocked up with more than usual. Including wine and spirits.
If nothing goes wrong then it is stock we would eat anyway.
I agree re freezer space. I had a similar conversation with someone recently who looked at me “gone out”.
I have my great grandparents candlesticks (new candles though 🙂) and my parents wartime paraffin lamps.
I remember the electricity rationing of the 70s and am prepared.
Three Centuries Of Greta’s Family Business
https://www.youtube.com/watch?v=4kjeTslIX3A
Greta’s ancestor Svante Arrhenius started the global warming scam in 1896. It was debunked by Nobel Laureate Knut Ångström five years later in 1901, but the press picked up on it and have run with it (on and off) ever since.
Tony Heller
Our leaders have destroyed so many lives, but we must never be defeated.
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If Liz Truss has any sense, she will call an immediate general election, lose it and leave Labour to try (and fail) to sort out this mess. The public won’t stand for energy prices at £6,552. There will be riots.
We’d then have the leftist central storm troopers and their zealots to deal with. There really is no cavalry, not this time. If there was genuine political will to help the people of the UK, then it would happen but there isn’t and sadly it won’t. They will make noises, of course, they always do and then wring their hands and point at Russia or China or Belgium. It’s always someone else’s fault, it’s always not within their grasp or ability to solve because of the previous government’s shambling efforts or because of something or someone else. They could cut VAT on energy bills tomorrow or force the energy companies not to make such enormous profits. They could, heaven forbid, begin peace negotiations and try and end the ruinous Ukrainian war. They could do all these things but will they? Of course they won’t. And will we do anything? Will we riot when we’re sitting in our unheated homes in the dark eating tinned peas? I doubt it. And if we did, they would be waiting with their militias to start martial law and curfews. Sorry, that all sounds incredibly depressing but in reality, I am much more hopeful that… Read more »
It should be pretty obvious by now that ‘Climate Emergency’ has nothing to do with the climate.
No.10 told the BBC …. “Households don’t have to cut back on their energy use.”
Really? So what does “No.10” think is going to happen when the price of heating/lighting your house and cooking a meal is predicted to quadruple in the space of a year.
The pathetic morons in the British Establishment who have driven this country off a cliff over the past 2 years all need an urgent appointment with madame la guillotine.