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Author Topic: Energy company switch  (Read 20717 times)
Nemo
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« Reply #15 on: Wednesday, February 2, 2022, 17:06:10 »

Are you running a Bitcoin mine or do you live in a castle?
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Batch
Not a Batch

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« Reply #16 on: Wednesday, February 2, 2022, 17:08:36 »

or a badly disguised cannabis farm?
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Samdy Gray
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« Reply #17 on: Wednesday, February 2, 2022, 17:21:31 »

Electric heating, presumably.
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@MacPhlea

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« Reply #18 on: Wednesday, February 2, 2022, 17:57:36 »

3 bed 17th century cottage with 21st century tech, a 3phase supply and 1gbps internet - no oil, no gas  no diesel, no petrol...

Gets very cold, dark and quiet in a power cut...
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Samdy Gray
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« Reply #19 on: Wednesday, February 2, 2022, 18:03:11 »

Might as well start bitcoin mining as Nemo said, earn some money and heat the house at the same time!
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ibelieveinmrreeves
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« Reply #20 on: Wednesday, February 2, 2022, 19:36:38 »

We were with People's Energy, British Gas switched over our gas supply, we've done meter reads etc, but still waiting on electric and dreading whatever huge bill we get, so are putting money aside for that. The price hikes will be crippling.
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Even men with steel hearts love to see a dog on the pitch.
Nemo
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« Reply #21 on: Thursday, February 3, 2022, 10:55:14 »

Price cap going up 54%. Eek. A typical £100 a month bill goes up to about £154.
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horlock07

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« Reply #22 on: Thursday, February 3, 2022, 11:05:28 »

Price cap going up 54%. Eek. A typical £100 a month bill goes up to about £154.

That on top of the NI rise, CT rise and UC cut is going to cause absolute carnage.
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Nemo
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« Reply #23 on: Thursday, February 3, 2022, 11:06:42 »

That on top of the NI rise, CT rise and UC cut is going to cause absolute carnage.

Yup. Without derailing this into another politics thread, you can kind of see why nobody would want to take over the job of PM right now.
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reeves4england

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« Reply #24 on: Thursday, February 3, 2022, 11:08:50 »

New article up today. I was switched to British Gas by OFCOM. Very grateful we got solar panels installed in 2020 as that should keep our bills fairly low for the summer at least.

https://www.moneysavingexpert.com/news/2022/02/energy-bills-set-to-rocket-for-millions-as-ofgem-confirms-new-pr/

"due to the dire state of the market, most can’t save by switching right now"

"there’s little you can do to avoid the hikes, with no cheap deals for switchers"

"There are still no open market tariffs that are cheaper than the new price cap – so for most, it’s likely still best to do nothing"

"Beware of energy firms pushing mega-expensive fixed deals... Remember, your rates won't change until April and until then, you will be on the cheaper cap. Don’t fall for the marketing waffle and sign up right away. Make sure you do your own calculations first."

"The market’s cheapest deal that you can switch to right now is £2,100/yr – that’s considerably higher than the new price cap. At that rate, fixing now is still unlikely to be worth it"
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Nemo
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« Reply #25 on: Thursday, February 3, 2022, 11:11:02 »

So, to quote Private Frazer, we're all doomed.
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Bob's Orange
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« Reply #26 on: Thursday, February 3, 2022, 11:32:10 »

Price cap going up 54%. Eek. A typical £100 a month bill goes up to about £154.

Thanks for that Rachel Riley.
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@MacPhlea

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« Reply #27 on: Thursday, February 3, 2022, 11:47:41 »

Might as well start bitcoin mining as Nemo said, earn some money and heat the house at the same time!

I doubt it will be economically viable come April...
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4D
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« Reply #28 on: Thursday, February 3, 2022, 11:48:57 »

Get knitting everyone  Smiley
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Jimmy HaveHave

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« Reply #29 on: Thursday, February 3, 2022, 11:52:17 »

There maybe an influx of large properties going on the market where homeowners downsize.
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So, give no fucks
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