iansheff Posted August 22, 2012 Share Posted August 22, 2012 Here we go again power companies must take it in turn to lead off raising prices, these are putting prices up by an average 9% from 15th October. Five million electricity customers and 3.4 million gas customers would be affected. However they not going to put it up again before the second half of 2013, so after 8 months it could go up again. They really love turning the screw on their customers, where do they think people are going to get the extra money when everything else is going up as well. Link to comment Share on other sites More sharing options...
Mikes10 Posted August 22, 2012 Share Posted August 22, 2012 I've a 3 year fixed tarrif agreement with SSE (signed up August 2011), so come July/ August 2014 I will be looking for another fixed deal. Link to comment Share on other sites More sharing options...
WeX Posted August 22, 2012 Share Posted August 22, 2012 we are being sucked dry while our governments sit back and watch. Link to comment Share on other sites More sharing options...
AWOL Posted August 22, 2012 Share Posted August 22, 2012 we are being sucked dry while our governments sit back and watch. They are tories and the power companies are now in private hands. Tories like to see the private sector suck people dry as they are synonymous. Link to comment Share on other sites More sharing options...
Rupert_Baehr Posted August 22, 2012 Share Posted August 22, 2012 Does North Sea Gas (and the supplies of that are dwindling) sell for any less on the open market than gas from other countries/sources? Are the prices broadly in line with prices charged elsewhere? Are gas prices around the world (other than in Britain) falling or are they rising? Is the cost of producing electricity falling or is it rising? Will the UK be building any new power stations in the foreseeable future? How are the customers going to pay for those new power stations? (And it is the customers who will pay.) Prices are going up. They're going up everywhere and they're going up a lot. Link to comment Share on other sites More sharing options...
AWOL Posted August 22, 2012 Share Posted August 22, 2012 Plus they have VAT on top of it all too! Link to comment Share on other sites More sharing options...
Mecky Posted August 22, 2012 Share Posted August 22, 2012 Only 1.3bn pre tax profit for 2011 http://utilitiessavings.co.uk/2011/05/sse-announce-profits-and-predict-price-rises/ If you're wondering what pre tax profit is http://www.ehow.co.uk/how_6239454_calculate-pre_tax-profit.html Link to comment Share on other sites More sharing options...
raymondo1952 Posted August 22, 2012 Share Posted August 22, 2012 we all should know what the goverment does for industry, they let them do what they want and will not interfere when they put prices up, all the utility are the same their excuse is the rise is for investment or world oil prices have gone up At the end of the day they have share holders who want a return on their investment and they squeeze every penney out of you:mad: Link to comment Share on other sites More sharing options...
WeX Posted August 22, 2012 Share Posted August 22, 2012 They are tories and the power companies are now in private hands. Tories like to see the private sector suck people dry as they are synonymous. So did this not happen in the 13 years of labour rule? Link to comment Share on other sites More sharing options...
Mecky Posted August 22, 2012 Share Posted August 22, 2012 So did this not happen in the 13 years of labour rule? Ah, I see what you're doing. Link to comment Share on other sites More sharing options...
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