Price cap going up in april (53% or extra £693)

no, but we arent transitioning from horse and cart to car. this is not an organic, market driven change but one forced by government so they need to step up to the mark if they want to hit their 2030 goal (laughable given the state of the charging network). They don't need to spend any more money. Any rapid charger that has been partially paid by grant needs to have a certain guaranteed up time. Any new parking lots need to be mandated to have x amount of charge points. etc. We have had several new supermarkets built near us over the last few years, none have charge points. Lots of ideas.

Gov could do nothing at all and we would then see tesla dominate the car world as they seem to be the only car firm with enough foresight.
 
Gomev said:
Did the govt provide the infrastructure for petrol stations ?
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No they provided the cash.
After gas and oil was found in the North Sea the uk government had no ownership and left everything to the private sector. Since it started the UK has taken about £480 billion in tax.
if you look at how the North Sea is divided up it’s about 50/50 with UK and Norway. The Norwegian Government took another approach. They started production around the same time we did and records show they have produced a similar amount of gas and oil, but retained 50% ownership. The big difference is that the Norwegian government has taken £1150 billion of tax and profit from the same amount of basic materials.
So I do say the government paid for our petrol stations perhaps as Black Adder might have said, “I have a cunning Plan”! NOT.
 
sido said:
No they provided the cash.
After gas and oil was found in the North Sea the uk government had no ownership and left everything to the private sector. Since it started the UK has taken about £480 billion in tax.
if you look at how the North Sea is divided up it’s about 50/50 with UK and Norway. The Norwegian Government took another approach. They started production around the same time we did and records show they have produced a similar amount of gas and oil, but retained 50% ownership. The big difference is that the Norwegian government has taken £1150 billion of tax and profit from the same amount of basic materials.
So I do say the government paid for our petrol stations perhaps as Black Adder might have said, “I have a cunning Plan”! NOT.
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I'm sure I saw a petrol station before north sea oil and gas was found, I wonder who paid for that. :)
Rather different using all that oil money for a country with a population of 5 million compared to our 65 millionish, but this is not an economics or political forum, so I shall stick to EV chat.
 
Gomev said:
I'm sure I saw a petrol station before north sea oil and gas was found, I wonder who paid for that. :)
Rather different using all that oil money for a country with a population of 5 million compared to our 65 millionish, but this is not an economics or political forum, so I shall stick to EV chat.
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Good idea
 
Contentious I know but:

Article one on the news

Households in dire need due to the rise in the cost of living

Then

Oil companies making massive profits but they need the money to develop "green" alternatives.

Then

Everyone's holiday ruined because they can't go to Spain, 12 year olds need to be double jabbed.

Then

Boris was at a party 2 years ago

My feelings

I will feel sorry for those that don't drink, don't smoke, don't gamble, don't have pets, don't go on holiday and those that are single parents through no fault of their own. (probably won't leave a lot)

Then

Windfall tax them and then give tax rebates on audited accounts for such research

Then

Go on holiday in the UK then perhaps some of that money might trickle down to those in the 1st group

Then

As a significant proportion of the population broke the rules at one time or another do I really care about Boris having a party, not really.

Boris needs to go not because of the party but because he was stupid enough not to realise somebody would be stabbing him in the back over it in the future, that's politics (why else would these pictures be coming out, who took them?)
 
Politics aside.. If you're an Octopus customer. You can get a free octopus teddy (or plant a tree).

Give Me My Octopus

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My account | Octopus Energy

Sign in to your account. Which? Recommended for seven years running and the UK's most awarded supplier. One of Europe's largest investors in renewable energy.
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April will my 1st year anniversary with Octopus Go (13 odd p/KWh daytime and 5 p/KWh cheap rate) so emailed them about what will happen in April and what my tariff will likely be then. Here's the reply........

"Thanks for your message regarding your Octopus Energy account and the Go tariff. Although the Go tariff is a 1 year deal. We typically just extend this for customers so I have extended it for you for another year on the same prices. Hope you and your loved ones are safe and well.

Kind regards"

😁 feels like I've won the lottery.

I must say Octopus are streets ahead of the big boys regarding customer queries and service, though they too are rapidly becoming one of the big boys.
 
Talk about flex.... 13p is way below cost, enjoy your next 12 months.
I'll be happy if I can do the same in September, but really doubt they will make the same offer.
 
Here is a question concerning the power price increases that I have either missed or I don't see any mention of, sorry if its a bit off topic for a EV car forum.
I keep seeing the £693 price increase on domestic power on the news etc, so I thought I wold check my electricity and gas usage and see what it will work out to be once the price increase comes in.
At present I'm on octopus go faster electricity 5.5p off peak and 15p peak.
So i have worked out my approximate bill for this year ( ending in may) and worked this out on my normal electricity consumption per annum of 3800kw then plus 1200 kw for my hybrid charging at twice a week.
So this will be approx 5000kw. = £670 ( including standing daily charge)
using the same figures but on the updated price of off peak 7.5 and peak 30p = £1213
So this seems close to that mention figure everyone talks about
What about gas?
Again on octopus its 2.90kw and I only use gas for heating on a combi boiler, so I use approx 17500kw =£ 635 ( including standing daily charge)
But this is going up to 9.2p per kw ( over 300%) so my new bill for the next year will be £635*3 =£1900

So this year gas and electricity £670+£635 = £1305
in 1 year time that will go to £1900 + £1213=£ £3113

I'm hoping someone will spot an obvious flaw in my reasoning/maths , and show that I'm way off , if not can others look into their usage and see what they come up with?
To say I'm shell shocked about my findings is an understatement.
thanks
 
A so called 53% increase means taking half of what you pay now, and then adding that on top of you are presently paying now very simply.
If your need depressing any more, then it is predicted that it will increase by ANOTHER 20% in Oct - November this year !.
If it "Kick's Off' in the Ukraine, god know's what is likely to happen to be honest !.
 
Lovemyev said:
A so called 53% increase means taking half of what you pay now, and then adding that on top of you are presently paying now very simply.
If your need depressing any more, then it is predicted that it will increase by ANOTHER 20% in Oct - November this year !.
If it "Kick's Off' in the Ukraine, god know's what is likely to happen to be honest !.
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Yes I was surprised to see a 200% increase not the stated 53%
 
The price cap relates to the flexible rate tarrif.

Any fixed rate you agree with your supplier can (and probably will) exceed this figure as current wholesale prices are above the government cap.

The cap on electricity is around 26p/kwh oh the variable rate after the increase. Can't remember the gas figure, but don't forget you don't need to fix both supplies or even have them with the same company.
 
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