Business & Finance4 mins ago
Energy Bills 50% Rise
42 Answers
Unless the government intervenes
https:/ /www.bb c.co.uk /news/b usiness -597603 31
50 percent it is then !
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50 percent it is then !
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For more on marking an answer as the "Best Answer", please visit our FAQ.//It's because of government intervention that there is such a steep rise.//
In what way barry? Do you mean the price cap? Or the effect of green initiative's.
The only intervention I can see there able to do is remove the 5% VAT but thats only a tiny help, or to give all those on say UC or state pension another fuel payment
In what way barry? Do you mean the price cap? Or the effect of green initiative's.
The only intervention I can see there able to do is remove the 5% VAT but thats only a tiny help, or to give all those on say UC or state pension another fuel payment
//In what way barry? Do you mean the price cap? Or the effect of green initiative's.//
Cant answer for Barry obviously but my take would be on both counts.
The price cap has shielded many from the the price variations meaning that when the cap is well and truly busted and companies are going broke it must be raised a large amount. We cant have it both ways.
As for the green initiatives this is causing much of the problems in the UK. Failing to further explore for Natural gas and fracking means we are reliant on other countries - and this is the result. And then of course there is the green taxes.
Cant answer for Barry obviously but my take would be on both counts.
The price cap has shielded many from the the price variations meaning that when the cap is well and truly busted and companies are going broke it must be raised a large amount. We cant have it both ways.
As for the green initiatives this is causing much of the problems in the UK. Failing to further explore for Natural gas and fracking means we are reliant on other countries - and this is the result. And then of course there is the green taxes.
I wish we had stuck with fracking. Some countries must be laughing at us.
Yes I reckon the goverment could take off (that is pick up the tab themself) for green levies and smart meters and maybe keep prices down by 5-10%, but that could mess up the green targets if it dont discourage use of non green energy.
Its going to be the big issue next year ... benefits for example will have to go up.
Long term does it show we'er too reliant on places like Russia?
Yes I reckon the goverment could take off (that is pick up the tab themself) for green levies and smart meters and maybe keep prices down by 5-10%, but that could mess up the green targets if it dont discourage use of non green energy.
Its going to be the big issue next year ... benefits for example will have to go up.
Long term does it show we'er too reliant on places like Russia?
I have absolutely no issue with a good attainable green policy, unfortunately what we have currently is not that.
The big problem with anything green at the moment is that its the poor that will suffer. Not a problem to me, and I suspect many others on here if it doubled again, same for petrol. But that is really not a good attitude to take.
The big problem with anything green at the moment is that its the poor that will suffer. Not a problem to me, and I suspect many others on here if it doubled again, same for petrol. But that is really not a good attitude to take.