Cut the Green Crap

It is easy to lose the plot. Everyone does it to some extent. people in the United Kingdom have lost the plot about energy prices. Perhaps most of them never even knew that they were following a plot and genuinely believed that there was real, rather than fictional, competition between the energy companies who supply gas and electricity to the 22.5 million household across the United Kingdom.  Continue reading

It Will be An Expensive Winter

It is going to be an expensive winter in Britain. SSE, one of the six suppliers of energy that serve around 99% of the United Kingdom energy market, has announced that from 15 November there will be an average price increase of 8.2%. This increase is about the same level of increase that energy users had to pay this time last year when all the six oligarchic energy companies increased their prices by around 5% more than inflation. Continue reading

Freezing Energy Prices

The price of energy is a problem, partly because people in the United Kingdom are not used to paying high energy prices and partly because the price increases have continued while household incomes in real terms are falling. Continue reading

What Higher Energy Prices Mean to A Prosperous Economy

Many people who do not consider that rapid climate change is a threat  argue that those measures taken to prevent or slow down rapid climate change are damaging to our economy, because they would make renewable energy more expensive and add a burden of cost to our economy. Continue reading

Energy Prices Start to Rise

Just in time for the winter weather Scottish and Southern Energy will be raising their prices of domestic gas and electricity by about 9% from the 15th October 2012. More than five million customers will have to pay more for gas and electricity and in these days where inflation depending on what you spend is around 3% and where wage inflation is virtually non-existent, these energy prices rises will make it hard for many people to pay their energy bills. Come 2013 the average dual fuel customer will be paying nearly £1300 a year just to keep warm, was in hot water cook and keep the lights on and the appliances in power. Continue reading

Energy Prices: no matter what we do the only way is up

In the United Kingdom the growing cost of energy has dominated the news. People must now pay significantly more for gas and electricity (and fuel oil and portable gas) than most of them ever expected to pay. The average fuel bill for a UK home is now £1350 each year. More and more people are being driven into fuel poverty and more and more people have to economise on energy. Continue reading

Investigating Energy prices

Regulators are supposed to regulate. In the case if energy companies the regulator is OFGEM and it has power to investigate so that regulation may be effective. In the past few months the energy companies in theUnited Kingdom, being in effect six retail suppliers of gas and electricity, have announced very large price increases, approaching twenty percent. Continue reading

Budgeting for energy prices in 2020

Many people are having difficulty in paying their energy bills. Some estimates by independent sources claim that a quarter of the households are finding it hard to budget for the energy bills, although presumably these households are having problems in paying all their bills in these difficult times. Continue reading

Retail energy prices are being investiagted

The Energy Regulator, OFGEM (Office of Gas and Electricity Markets) are investigating the pricing that the UK energy companies are using. The investigation will seek to understand two things; the relationship between whole and retail energy prices and the way in which energy firms seem to follow each other in announcing price changes. Continue reading

Energy prices are going up

Electricity and natural gas prices in the United Kingdom will go up very soon. In 2008 prices rose by 43%. Almost as soon as the last price rise was implemented by the energy companies, wholesale prices fell and that led to energy prices being paid by consumers falling by 8% since that large 2008 price rise. Continue reading