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Shale gas is cheap is it??? Yes it is with tax breaks, and subsudies, as in paying companies out of taxpayers money to employ cheap labour. But what of the setting up costs? The clean up costs, like nuclear we the people will foot the bill. Therefore we pay for our own demise, we are so easily conned.

 

The fact is which no-one seems to have mentioned, that cheap oil, or easily extracted oil is over, and soon it £10 a gallon, then we move to £10 a litre. Then we can afford to turn coal into oil, gas, money, which it what it is all about. Do you understand the science? The costs? The long term effects? no is the jump on the quick buck bandwaggon, where the media softens up the stupid, who are encouraged to think of themselves, and thus they will allow any corporation to buldoze any government into any idea in yet another get quick rich, and the PROMISE of cheaper this or that.

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Any kind of collusion to fix prices is illegal, if you have any evidence of it then you should report it. Otherwise you're just talking rubbish.

 

Prices rising at the same time is not necessarily because there's anything illegal going on, it could be that they all have the same costs & the same competitive pressures. It could be perfect competition.

 

 

 

From the Telegraph in 2008:

 

By James Kirkup, Political Correspondent

4:30PM GMT 11 Nov 2008

Ed Mayo, head of Consumer Focus, told MPs that the supposedly free market for gas and electricity is "broken," stopping falls in wholesale energy prices being passed on to consumers.

 

Sharp price rises by the big six energy suppliers earlier this year have left the average household facing an annual gas and electricity bill of more than £1,300 this year.

 

Some companies put gas prices up by more than a third, blaming the rise on record oil prices - in energy markets, oil and gas contracts are often linked.

 

Oil touched $147 a barrel earlier this year, but has now fallen back to $60. And wholesale gas price have dropped by more than 20 per cent since they hit a peak in the summer.

 

Yet firms are still refusing to cut bills. British Gas, the country's largest energy supplier, last month ruled out cutting its customers' bills, and the other five big suppliers - E.on, EDF, Npower, Scottish Power, and Scottish & Southern Energy - are also keeping prices high.

 

 

 

 

As for me talking rubbish I seem to remember you claiming more steel was produced in Sheffield now than ever before, however you failed to provide any sources! Don't blame me for taking what you say with a large pinch of salt!

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Is it possible to have a competitive market when all the energy companies buy the same product off the same markets?

 

No, it's not. Especially as the companies production arms cannot favour their billing arms.

 

So that's why we don't have national charging, prices can be varied by the old electricity board regions. Surpise, surprise at any given point in time one or other company is the cheapest in one or more of the regions for either gas or electricity. Which region this is changes constantly allowing "competition" so the 6 companies can continuously churn custom between each other giving the illusion of competition and costing consumers the costs of the endless churn on top of the profit and base cost.

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From the Telegraph in 2008:

 

By James Kirkup, Political Correspondent

4:30PM GMT 11 Nov 2008

Ed Mayo, head of Consumer Focus, told MPs that the supposedly free market for gas and electricity is "broken," stopping falls in wholesale energy prices being passed on to consumers.

 

Sharp price rises by the big six energy suppliers earlier this year have left the average household facing an annual gas and electricity bill of more than £1,300 this year.

 

Some companies put gas prices up by more than a third, blaming the rise on record oil prices - in energy markets, oil and gas contracts are often linked.

 

Oil touched $147 a barrel earlier this year, but has now fallen back to $60. And wholesale gas price have dropped by more than 20 per cent since they hit a peak in the summer.

 

Yet firms are still refusing to cut bills. British Gas, the country's largest energy supplier, last month ruled out cutting its customers' bills, and the other five big suppliers - E.on, EDF, Npower, Scottish Power, and Scottish & Southern Energy - are also keeping prices high.

 

 

They buy a lot of energy months in advance, so price falls don't come through immediately.

 

That article is 4 years old, bills fell in 2010. link

 

The energy companies have been investigated a lot & nothing has been found that suggests they're colluding to fix prices.

 

These recent price rises are blamed on green subsidies & increased distribution costs... http://www.theregister.co.uk/2012/10/26/edf_energy_price_rises/

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price rises on energy allows the government to give benefits with one hand and take it back through corporate taxation with the other, thus regulating benefits.

 

With such rises, and with winter and cold snaps round the corner, things are possibly looking up. In every cold snap, 30-35 thousand extra people die, so cold snaps are great for undertakers and stopping pensions and benefits. We kill through neglect in the UK, so no individual is to blame, and having to choose between food and heat, then either way many this year will be warming up in crematoriums or freezing in their graves.

 

We know how to care for people in the UK, exploit them and make them wish they were dead. Sod the benefit swindlers, with their ridiculous £65 a week fraud, killing pensioners is so more profitable, as they like benefit cheats do nothing for their money, and who wants to be another grave dodger. So welcome government policy, to solve the grave dodger problem too!

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  • 2 months later...

Do you understand how your gas and electric bills are worked out. Before you start going to comparision sites be prepared. go to (energybillcalculator) you will find a lot of useful information their also 2 small free spreadsheet programs that will let you control your own usage and costs. enter the details of your bill and the starting meter readings and ending meter readings to get your answers. then you can enter a current reading to find out how much you are spending before you get your next bill.

http://www.energybillcalculator.co.uk

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  • 3 months later...

Not all companies charge high charges for energy there are some companies that charge less than other companies and their services are also good.You must choose the best company for you that suits your requirements and budget. i suggest you to check the services and plans of Unitel Utilities. You should check the different plans of this company.

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The simple answer is, that they will charge whatever they can get away with, regardless of the wholesale price. How can we stop it? We can't, we all need it. It's a captive audience!

 

Remember when Maggie sold off British Gas (...tell Sid,) and it was all about introducing competition so consumers would get a better deal?

 

Yeah, right.

 

Instead we have to spend hours trying to work out how to get a few fractions of a penny knocked off from an energy cartell that doesn't give a toss about customers and must be laughing all the way to the banks. Not only that, but in spite of their greed and because of government incompetence we'll all be suffering power cuts before too long. Great!

 

Tell Sid not to bother....

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Remember when Maggie sold off British Gas (...tell Sid,) and it was all about introducing competition so consumers would get a better deal?

 

Yeah, right.

 

Instead we have to spend hours trying to work out how to get a few fractions of a penny knocked off from an energy cartell that doesn't give a toss about customers and must be laughing all the way to the banks. Not only that, but in spite of their greed and because of government incompetence we'll all be suffering power cuts before too long. Great!

 

Tell Sid not to bother....

 

How would it be cheaper if it was still nationalised? Genuine question..would the government be able to import gas more cheaply?

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1 unit or for some with meters reading in metres cubed (m3)costs 47.65 pence.

 

This is almost twice the cost of buying the gas from Russian GASPROM. One then adds vat and everyone but the home consumer is doing very nicely. TREBBLES ALL ROUND!

 

100% markup? Even ignoring the costs incurred by the companies that doesn't seem especially exploitative to me. Am I missing something?

 

ETA: resurected thread - sorry, didn't notice the date. Should've realised, though, because it's obviously from back in the day - when erebus used to actually respond to posts directed at it.

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