Energy Prices.

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Chippo1
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Energy Prices.

Post by Chippo1 »

Some of this dates back to the great Margaret sell if of the utilities , where we all got little bits in the form of cheap shares, subsequently bought up by the City of London and then sold off to the French , Germans ad the like for huge profits ! And of course Dennis being a City banker was whispering in her ear, in bed , telling her what a great idea it was!

The snowflakes need to get their heads around maybe having 6 hours a day on rotation with no power as happens in third world countries on occasion , as we go head long into electric cars ect this will get worse , let alone the huge electrical requirements of heat pumps and no real policy for producing sufficient power for these green technologies.

Small nuclear local power stations are a pretty good idea , pretty safe , not only providing electricity but heat , I understand RR are looking at this, using their submarine reactors in small scale plants

Solar and wind are great but unpredictable , like last year lower that normal winds ( bake beans aside ) where’s tidal totally predictable ?

Solar and wind so many places for it to go without taking valuable farm land like the proposal where I live on prime farming land , yes initial investment might be slightly higher but look at the profits being made by wind farms when the companies said they needed subsidies to make it viable. Motor way embankments are potential as is every roundabout for a turbine. The other place being railway embankments for Solar.

And of course the government keep saying we are largely self sufficient in gas and oil ! So why the hell are we being held to ransom by world energy prices , er has half the government got shares in BP , She’ll , EDF ect ! Surely not
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kellys_eye (Mon Apr 18, 2022 1:19 pm)
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Neelix
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Post by Neelix »

Argyll wrote: Sun Apr 17, 2022 8:10 pm When the cap was removed the price increased 😒
The cap wasn’t removed, it was increased, as it is likely to be done again in October
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kellys_eye
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Energy Prices.

Post by kellys_eye »

There is now a (stronger) case for nationalisation of the energy companies. Nationalised utilities (as they were) seemed to be deliberately allowed to grow to inefficiently in order to give credence to the lie that privatisation would make those utilities better off for us all....... there is absolutely no reason why a nationalised utility couldn't be run efficiently and profitably.

Since energy (water and food) are absoute staples of any society I don't believe they should necessarily be run as profit making ventures - especially where the profits go overseas/offshore. Such profits could and should have been ploughed back into the system for expansion and efficiency changes. We wouldn't be in this energy crisis if they'd done this from the outset.

No doubt there will be cries of anguish if re-nationalisation was on the cards but only from those self-serving profit seekers out to ruin the poor barstewards that have to fork out for their speculation (that drives the price of energy up in the first place).

Bring on the crash. It's the only way 'we' might see some change.
Don't take it personally......
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Argyll
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Post by Argyll »

Neelix wrote: Mon Apr 18, 2022 9:28 am
Argyll wrote: Sun Apr 17, 2022 8:10 pm When the cap was removed the price increased 😒
The cap wasn’t removed, it was increased, as it is likely to be done again in October
Aye ok whatever you say 😒
Chippo1
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Energy Prices.

Post by Chippo1 »

Having bought into Solar , to save the world ! , repay period is some what sketchy and difficult to calculate with current price fluctuations , but I have added immersion diversion to dump excess electricity into the immersion heater , so hopefully most of the summer if not year free hot water.

Being new comers we only get SEG and from EDF is only 1.5p and the best 7.5p from Octopus , but once my current fixed tariff ends I will go to Octopus and the cap tariff. No companies are offering any deal if at all now , theirs prices are at the CAP tariff so as Martin Lewis says , don’t do anything , and don’t get tied into a fixed rate, small risk imsuppose depending on how long the CAP tariff stays high or even higher in October. Where’s my crystal ball

The government needs to do some thing about the high historical-existing FIT rates , set when the then government we’re conned by the solar and wind generating companies . And to make solar more attractive get current SEG rates up a bit !
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