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On 23/05/2022 at 09:16, Left Back said:

Chief exec of EON says tax those with the broadest shoulders.

https://news.sky.com/story/cost-of-living-energy-chief-says-any-windfall-tax-should-fall-upon-those-with-the-broadest-shoulders-12619004

I'd suggest that umpteen billions of excess profits in the energy industry makes your shoulders pretty fucking broad.

The ‘it’s up to ofgem’ shit is fucking laughable.  No, no it’s not, Ofgem have a price cap .  Charging less is absolutely within the power of the energy companies.

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18 hours ago, strichener said:

It's a sign of how fucked the market is when Ofgem determine transmission prices based on how expensive it is to get the electricity to the market and yet ignkre what is actually used to generate the electricity.

If we were having a holistic approach then let's look at the source mix for electricity - Scotland has less than 15% of electricity generated by gas.  The UK has near 40%.

Why bother paying premium for green electricity when it was more expensive than other power sources if you don't see any benefit when costs invert.  It's an absolute scandal that generating companies that claim to have significant power being generated by renewables are using the increase in gas as a reason that they cannot provide electricity at the rates they used to.  

If the cost does increase to £2800, I look forward to the government increasing the warm homes discount to £2300 to ensure that those that can least afford it are able to heat their homes.  This would be the equivalent to when the £140 was first introduced and shows you how a life changing scheme can quickly become not fit for purpose.

Rant over.  Except to say - let's ban energy trading and see what happens to prices.  They add f**k all to the market and substantial cost to the consumer.  If you want to buy electric or gas etc. then force the c***s to take it and ban them from selling it on.  Rant over this time!

 

 

 

 

 

here here strichy, they are fucking at it

at the end of the day, you get the same gas and lecky to your home or business regardless of who your supplier is, as you say, we have one gas fired plant in scotlnad, at fuckin peterhead which doesnt use any russian gas. what we( scots) are paying for is the increase in costs to london and the south east.  Basically as you correctly say, we are greener than ever before yet the price has went through the roof

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18 minutes ago, DA Baracus said:

SSE have announced a £1.5bn profit.

Whilst it is obscene and they are part of the energy supply chain.  They don't supply retail customers any more.

They were also very vocal on how much they will be investing, almost like they have been given an out by the government to justify such huge profit.

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34 minutes ago, oaksoft said:

Investment is an absolute red herring.

The immediate priority right now is prices, not future investment.

Not if you're an MP who gets to claim energy bills on expenses

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On 24/05/2022 at 13:10, Bairnardo said:

Just to revisit something I said the other week, the price of natural gas in the UK has plummeted. I confirmed this by speaking to a commercial guy at my work today. 

An absolute disgrace. 

Great news for the energy companies who can just add more profit into the scam they are running.

41 minutes ago, oaksoft said:

Investment is an absolute red herring.

The immediate priority right now is prices, not future investment.

Wait. You mean oil and gas companies would continue to diversify their business model as the stocks run out? And open new revenue streams in renewables? Even if they paid proportional tax, you're mad!

It's surely bullshit, if it wasn't for oor Boris they would be sending every penny of profit to the shareholders and riding oil and gas like it was going out of fashion, literally. 😉

The Tory narrative on this takes everyone for fools.

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I wonder what has changed in the last week that has caused the Conservatives to go from voting against a windfall tax to, erm, implementing one... 

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28 minutes ago, RiG said:

I wonder what has changed in the last week that has caused the Conservatives to go from voting against a windfall tax to, erm, implementing one... 

It could be the announcement of the price cap rising to £2,800 (at least) in October.

Or it could be something else.........😃

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9 minutes ago, scottsdad said:

Is this £400 new money, or does it include the money already being knocked off council tax bills (at a huge saving of a bit over a tenner a month)?

I’ve certainly had nothing knocked off my council tax bill?

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8 minutes ago, scottsdad said:

Is this £400 new money, or does it include the money already being knocked off council tax bills (at a huge saving of a bit over a tenner a month)?

It is on top of the £150.
Martin Lewis spoke to Sunak this week and was expecting an announcement in July. He suspects it was brought forward due to the publication of the Sue Gray report. Mentioned in the video in the link below.

Martin Lewis

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2 hours ago, Self-raising Lazarus said:

Does this make Sunak a Communist or Socialist? Sure the mail and express would be in meltdown if Corbyn had implemented this.......

It makes him a self serving, lying to the house, breach of the ministerial code, tory c**t.

As he was.

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