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New energy cap. So who can afford a holiday?

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New energy cap. So who can afford a holiday?

Old 24th May 2022, 11:47
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New energy cap. So who can afford a holiday?

The boss of the UK's energy regulator has warned that the energy price cap is expected to rise to around £2,800 in October.

I didn’t consider myself poor but I do now. First sacrifice, my foreign holiday for next year. Actually I don’t expect a U.K. holiday either. Seems only the rich can now fly. As for a major recession? It’s a certainty.
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Old 24th May 2022, 12:22
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Originally Posted by Spanish eyes View Post
The boss of the UK's energy regulator has warned that the energy price cap is expected to rise to around £2,800 in October.

I didnít consider myself poor but I do now. First sacrifice, my foreign holiday for next year. Actually I donít expect a U.K. holiday either. Seems only the rich can now fly. As for a major recession? Itís a certainty.
Wouldn't it be nice if the regulator regulated prices taking peoples ability to pay into account, rather than the company's ability to make huge eye watering profit?
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Old 24th May 2022, 12:48
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Be glad you do not live in a Country where it is a long way between places.....as an example.....my nearest Costco Stores (similar to Tesco I suppose...buy in bulk place) which gives good value for money due to the food items on sale.

Upon returning home I break down the bulk packs and store them in the two Freezers I have and a large Pantry for dry goods.

One is 124 miles away...and the nearest one but not as good as the first is 97 miles away.

Compared to the UK....our Petrol is still cheap but the miles we have to drive works against that perceived economy.

Yesterday the petrol price was 4.59 USD per US Gallon.....with a forecast of over 6.00 USD per US Gallon by August....which is still cheap by UK Standards but then you lot do not drive as far aa we do on a daily basis I am thinking.

When in business transporting large yellow pieces of Construction Machinery there were times running in West Virginia where I averaged 1.5 miles per gallon....and today the Diesel Price is approaching 6.00 USD per US Gallon.

Pulling into a fuel point and putting 250 Gallons into the Fuel Tanks has gotten very expensive.....especially when it is done twice a day.

those costs incurred by the Trucking Industry have to be passed along.....to the Consumer....and that is part of the reason for the historic high rate of inflation we are seeing.

The Biden Administration is not bothered by the high fuel costs we are seeing....and deny any and all responsibility for the high prices blaming everything under the Sun....and the Sun itself instead of admitting the Administration Energy Policy is a grand failure.
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Old 24th May 2022, 16:44
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Remembering your gallons are smaller (why??).
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Old 24th May 2022, 17:22
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Originally Posted by golfbananajam View Post
Wouldn't it be nice if the regulator regulated prices taking peoples ability to pay into account, rather than the company's ability to make huge eye watering profit?
I tend to agree on the windfall tax the trouble is you can only really tax companies in the U.K. however I also believe the government should temporarily drop their fuel tax too a level that was the same as pre rises, after all that too Is a windfall
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Old 24th May 2022, 19:19
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Originally Posted by SASless View Post
Upon returning home I break down the bulk packs and store them in the two Freezers I have and a large Pantry for dry goods.

One is 124 miles away...and the nearest one but not as good as the first is 97 miles away.
Wow! - That is an UNBELIEVABLE distance between your freezers and your Pantry! Talk about making life difficult for yourself. I'll bet you're glad you petrol (gas) is so very cheap.
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Old 24th May 2022, 20:10
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Few years ago i had installed with substantial Government grants solar panels on the roof and in a paddock we don't use and the rebate I get for suppling power to the grid nets us about £4000 a year so that does still pay for our holidays before covid and now getting away again this year.
Now there are no or at best vastly reduced grants. Missed opportunity? ?
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Old 24th May 2022, 21:41
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Many of us here, seen this looming large a long time ago !
Put simply, it is how england works !
Shame !
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Old 25th May 2022, 06:28
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Originally Posted by Mr Optimistic View Post
Remembering your gallons are smaller (why??).
Because as with all non-metric measuring systems the units were defined by a drunk mathematician rolling some dice.
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Old 25th May 2022, 06:34
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Originally Posted by Avionker View Post
by a drunk mathematician rolling some dice.
Fluffy dice?
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Old 25th May 2022, 07:46
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Thank heaven I installed solar panels 8 years ago. Free hot water, free electricity most of the year. Won't notice much difference. I expect my electric bill to be less than £500 per year. I make approx £800 a year by feeding into the grid.
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