Forums
There is currently 1 person viewing this thread.
These 256 comments are related to the topic:
Gas price rises.

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
Page 6 of 7  •  Previous | 1 | 2 | 3 | 4 | 5 | 6 | 7 | Next
sort by:
Show
per page
Replies: 256
By:
lapsy pa
When: 29 Sep 21 17:42
Ireland warning against power cuts this winter citing what i thought was dubious at the time lack of wind amongst other factors. Very conceivable i would think in the UK also and have a few candles and a torch just in case you haven't.
By:
dustybin
When: 29 Sep 21 17:45
Im an Igloo customer. Received the email this afternoon
Basically blames the cap that favours the big suppliers.
They had already put prices up twice within the last 6 months

Russia have been having issues supplying gas also, some believe it was tactical to make nord2 have more political pressure.
By:
Whisperingdeath
When: 29 Sep 21 18:10
I used to be a part owner of British Gas and the lord saw that it was good. Then it got privatised.

Starmer hasn't even said he would take the railways back into Public Ownership. Zero chance of him doing the right thing with Public Utilities which should be run for the good of the people of our country not Banksters, wide boys and the Eton Rifles.
By:
1st time poster
When: 29 Sep 21 18:29
90 different companies
if for example we said british gas was no 1 most expensive
1, british gas
2, eon we,ll beat price
all the way down to number 90 saying they,ll beat the prices of no 89,

common sense  must say thast either thats impossible or unsustainable
By:
dustybin
When: 29 Sep 21 18:43
The vast majority of the ‘challenger’ companies have nothing to offer other than being a middleman.
If they don’t generate energy and are told there’s a limit to the sale price then of course they will go belly up.
By:
macarony
When: 29 Sep 21 21:48
Buying gas from abroad is dead money. It takes less than 1.5 volts to split the oxygen from hydrogen in water, a decent sized wind turbine could make millions of liters of gas over its lifetime. An even better option is to kill two birds with one stone pay farmers to capture the second most abundant greenhouse gas in the atmosphere methane this would be another revenue sorce on the farm directly improving the profitability of the farm so an indirect subsidy to the food produced
By:
----you-have-to-laugh---
When: 30 Sep 21 17:59
Energy prices have been soaring. The price of natural gas has risen more than five-fold since March. In less than two days trading this week, it rose more than 20%.

The international benchmark price of oil, Brent crude from the North Sea, passed $80 per barrel on Tuesday, more than twice the level last autumn.

For those looking to the Glasgow climate summit in November to mark the end of old king coal, the price of benchmark Australian coal is also up to record levels.

Oil and gas prices fell back later on Tuesday, as news came from China indicating a marked slowdown in economic growth.

Stock markets in Europe and tech stocks in the US took a tumble, anticipating a knock-on effect on growth and profits globally. Sterling also fell, adding to the upward pressure on forecourt prices for a commodity traded in US dollars.

China's problems have a lot to do with severe power cuts shutting down electricity supplies across vast cities and numerous factories in the country's industrial heartland. The response, in some provinces at least, is a demand for more coal imports.


Bbc
By:
Whisperingdeath
When: 30 Sep 21 19:50
There are a lot of fat people in this country. I am sure the fat reserves will overcome the gas prices rises.
By:
----you-have-to-laugh---
When: 30 Sep 21 19:52
Rather like airport workers coming
off furlough being unable to
fill HGV jobs, it's unlikely
that the fattest folk are hardest
hit by gas price rises.
By:
Whisperingdeath
When: 30 Sep 21 19:54
You'd think that. So would I. Also hard to imagine that people on benefits get uber eats and deliveroo more than 3 times a week.
By:
----you-have-to-laugh---
When: 30 Sep 21 20:02
£500,000,000 to replace the
£6,000,000,000 benefit uplift.

Uber eats and deliveroo shares
might be in bother if its been
benefit driven.
By:
Cider
When: 30 Sep 21 20:05
The take away apps are all loss making anyway.
By:
----you-have-to-laugh---
When: 12 Oct 21 19:14
• Spain have just announced energy bills will fall by 22%

• France announce £100 energy vouchers & a cut from 12% to 4% in electricity rise

• Italy announce €3.5bn plan to protect poorer from energy rise

• Greece announce €108 pa vouchers



UK takes £1000 a year from poorest
and raises taxes to susidise
business gas use...
By:
----you-have-to-laugh---
When: 14 Oct 21 15:13
Pure Planet and Colorado Energy are the latest casualties of a global spike in gas prices.

Pure Planet supplies gas and electricity to around 235,000 domestic customers, while Colorado Energy has around 15,000 domestic customers.

Energy regulator Ofgem will now find a new supplier for those customers, who are asked to do nothing until the transfer takes place in the coming weeks.

The demise of Pure Planet and Colorado Energy takes the number of customers affected by the current wave of energy company collapses across the UK to around two million.
By:
----you-have-to-laugh---
When: 14 Oct 21 15:16
BBC Newsnight reported on Wednesday evening that gas shipping firm CNG has written to its energy supplier customers saying that it will no longer supply the wholesale market.



CNG supplies roughly 46,000 small businesses, including 10-15 small domestic energy suppliers, through their wholesale business.

Newsnight economics editor Ben Chu tweeted that CNG had recently had to supply gas to households without being paid by suppliers that have failed, including Utility Point and Avro Energy.

This has caused a significant amount of financial damage to CNG, Mr Chu said.

CNG leaving the market will put further pressure on small UK energy firms and could speed up their collapse, he added.
By:
----you-have-to-laugh---
When: 14 Oct 21 16:52
Another UK energy supplier has ceased trading, regulator Ofgem announced on Thursday, making it the third provider to collapse this week.

Daligas supplies gas to 9,000 domestic and non-domestic customers. Ofgem said it would find a new supplier.

On Wednesday, Pure Planet and Colorado Energy folded, following a sharp rise in wholesale gas prices this year.

It comes as big supplier EDF said it was not ready to take on new customers from more failed firms.
By:
----you-have-to-laugh---
When: 18 Oct 21 19:05
Goto Energy has become the latest UK energy firm to cease trading amid a sharp rise in wholesale gas prices.

The firm supplied gas and electricity to around 22,000 domestic customers who will now be moved to a new supplier.

It joins a number of small firms that have gone bust following a global spike in gas prices.



Capipalism in action.
By:
----you-have-to-laugh---
When: 29 Oct 21 13:03
Two electricity suppliers in Northern Ireland have announced plans for further price hikes.

Northern Ireland's third largest electricity supplier Budget Energy is putting prices up 29% from 26 November

The company has 96,000 customers across Northern Ireland and said the move reflected rising global wholesale prices.

Meanwhile, SSE Airtricity announced a 9% increase to its residential electricity prices from 1 December.

The company had already announced a price rise of 21.8% from October.

Budget Energy had also announced a price rise of 14.9% from July and 18% increase from 8 October.





Meanwhile, on mainland, Bulb
is strugglin.

1.7 million customers,...
By:
----you-have-to-laugh---
When: 02 Nov 21 17:11
Blue green gone

Omni, Ma, zebra, ampower.... Going
By:
----you-have-to-laugh---
When: 03 Nov 21 17:32
A gas price hike announcement is expected next week, a Stormont committee has been told.

Two weeks ago, the Utility Regulator warned that unprecedented rises in the global wholesale market could mean a rise of up to 50% from December.

John French told the economy committee that any announcement has to be made 21 days before it takes effect.

Gas suppliers' profits are regulated by the Utility Regulator and capped at a maximum of 2%.

The price of gas has jumped significantly from about 40 pence per therm to a record high of £4.10 in October and is currently around £1.90.

50% of a household gas bill is made up of wholesale costs so this will translate into bigger bills for consumers.
By:
----you-have-to-laugh---
When: 11 Nov 21 15:57
Firmus Energy is putting gas prices up by 38% from 3 December across its Ten Towns network area.

The company said rising global energy costs had "forced" its hand to put prices up for the third time this year.

Firmus gas prices increased by 35% in October and by 18% earlier in the year.

The move will affect about 55,000 customers in the Ten Towns area, which includes Antrim, Armagh, Ballymena, Coleraine, Craigavon, Londonderry and Newry.

The Consumer Council said the increase would mean the annual bill of a typical household will rise by about £268 a year or £255 a year for those with a prepayment meter.
By:
----you-have-to-laugh---
When: 16 Nov 21 17:14
Two more energy suppliers with a combined total of 35,500 customers have ceased trading amid a backdrop of high wholesale gas prices.

Neon Reef and Social Energy Supply have stopped trading, according to the energy regulator Ofgem.

Neon is the larger of the two with 30,000 domestic customers.

It means that more than 20 suppliers have now ceased operations since August, affecting more than two million customers overall.
By:
politicspunter
When: 22 Nov 21 13:05
Energy firm Bulb set to go into administration

https://www.bbc.co.uk/news/business-59373198
.
By:
----you-have-to-laugh---
When: 22 Nov 21 13:18
Bulb Energy, which has 1.7 million customers, has announced that the firm will be put into administration.

It is the largest UK energy company to face difficulties following a sharp rise in wholesale gas prices this year.

Bulb will become the first energy company to placed into "special administration", where it is run by the government through the regulator Ofgem.

This measure is only used if Ofgem is unable to find another company to take over an energy firm's customers.



Wow, nationalised 1.7 million
customers.

This failing energy system
is costing us £100 each a year.

Whilst the profits from failed
energy companies remain in
directors pockets.
By:
1st time poster
When: 22 Nov 21 13:29
capitalism aint it
they take the profits
taxpayer picks up the debts
whats not to like Cry
By:
----you-have-to-laugh---
When: 22 Nov 21 13:55
Quite a few horror stories on twitter
from bulb customers about recent
actions on their accounts.

This could be nasty to sort.
By:
1st time poster
When: 22 Nov 21 14:20
their about to be liberated no getting up in the middle of the night or missing super sunday to put the washer on at the best tariff rates LaughLaugh
By:
----you-have-to-laugh---
When: 26 Nov 21 10:49
An executive of a failed energy supplier who has been hired by Ofgem could have been barred from taking senior roles at other companies under the regulator’s own rules, senior industry figures have suggested.

Daniel Norton started work this week as a deputy director at Ofgem, leading the teams working on designing and updating the energy price cap.

He was previously commercial director of Colorado Energy, a supplier with 15,000 household customers that collapsed last month. Ofgem was pursuing the company for more than £1.1 million in unpaid bills.




Simply staggering, innit?
By:
----you-have-to-laugh---
When: 26 Nov 21 23:05
Two more energy suppliers have gone bust amid the surge in gas prices, the regulator Ofgem has said.

Entice Energy and Orbit Energy, which have about 5,400 and 65,000 customers respectively, ceased trading on Wednesday.

The two firms are the latest companies to go under as higher wholesale gas prices have made price promises by suppliers to customers undeliverable.
By:
----you-have-to-laugh---
When: 02 Dec 21 14:22
Another energy supplier has collapsed amid an ongoing surge in gas prices, UK regulator Ofgem has said.

Zog Energy, which has about 11,700 domestic energy customers, ceased trading on Wednesday.

It marks the latest company to go bust under higher wholesale gas prices, which have made it difficult for companies to keep price promises.

Ofgem will appoint a new supplier for the firm's customers.

In the meantime, customers should wait until their new supplier has been appointed before looking to switch elsewhere, it said.

The energy watchdog added that taking a meter reading will also help smooth the process when Zog Energy's customers are contacted by their new supplier.





Capitalism in action.
By:
Giuseppe
When: 02 Dec 21 15:46
i wish we had socialism instead
By:
ImSoLuckyLucky!
When: 02 Dec 21 15:59
Get on your
PONY
Laugh
By:
Giuseppe
When: 02 Dec 21 16:05
lend us a pony mate
By:
----you-have-to-laugh---
When: 15 Dec 21 21:28
Energy companies will face more robust financial checks from January after a host of companies failed owing to a wholesale price surge, the regulator Ofgem has announced.

Bosses of firms will also undergo more stringent vetting.

More than 20, mostly small, suppliers have collapsed following a spike in wholesale gas prices.

Nearly four million other households have seen their supplier fail since the start of the pandemic.

The regulator also said it was consulting on the future set up of the energy price cap, designed to protect customers who have not switched. It has been highlighted as part of the problem by some failed companies.
By:
----you-have-to-laugh---
When: 18 Jan 22 15:35
Together Energy, including its subsidiary Bristol Energy, has ceased trading. In total, the two brands have about 176,000 household customers between them. If you're affected, your supply will continue and credit balances are protected. While it's likely you'll pay more now, there are no savings to be had by switching.

Households supplied by Together Energy and Bristol Energy will be transferred to a yet-to-be-announced new supplier. In the meantime, your supply will continue as normal and energy regulator Ofgem says any credit balances will be protected. Ofgem will now start the process of choosing a new supplier to take on the firms' customers.
By:
xmoneyx
When: 18 Jan 22 16:11
bought hot water bottle
By:
ImSoLuckyLucky!
When: 18 Jan 22 17:25
Together is my energy company
Irioncally my fixed deal ends
Tomorrow

Laugh
By:
----you-have-to-laugh---
When: 19 Apr 22 18:07
The co-founder of collapsed energy firm Bulb has defended continuing to be paid £250,000 a year, saying he is helping with a sale of the company.

Boss Hayden Wood told MPs he was asked to stay on to "support customers".

He said he was "very sorry" for how the company collapsed when it buckled under rising wholesale gas prices.

Bulb collapsed late last year and was placed into "special administration", being run by the government through regulator Ofgem until a buyer is found.

It is one of 29 suppliers which have gone bust following a sharp rise in wholesale gas prices
By:
lapsy pa
When: 19 Apr 22 19:29
Doom and gloom there on the news with a head honcho(didn't catch his name) saying many people are going to need considerable help next winter.

What's the plan?
By:
Cider
When: 19 Apr 22 19:33
Spike the green scam.
Page 6 of 7  •  Previous | 1 | 2 | 3 | 4 | 5 | 6 | 7 | Next
sort by:
Show
per page

Post your reply

Text Format: Table: Smilies:
Forum does not support HTML
Insert Photo
Cancel
‹ back to topics
www.betfair.com