A consultancy company has warned that the average U.K. household could be facing energy bills of £355 a month next year. That’s more than double what they are at the moment. BBC News has more.
Energy bills for a typical household could hit £4,266 next year, consultancy Cornwall Insight has warned.
The higher estimate means the average household would be paying £355 a month, instead of £164 a month currently.
Cornwall cited regulator Ofgem’s decision to change the price cap every three months instead of six and higher wholesale prices for its high forecast.
But Ofgem said no forecast for next year could be “robust” at this stage and had “limited value”.
The latest price cap – the maximum amount suppliers can charge customers for average energy usage in England, Scotland and Wales for October – is due to be announced at the end of this month.
Cornwall expects this to rise to £3,582 a year, compared to the regulator’s prediction of £2,800 a year.
Dr. Craig Lowrey, principal consultant at Cornwall, said its price cap forecasts had been steadily rising but the big jump was “a fresh shock”.
The energy bill warning comes as the government rejected calls for further help on energy bills until a new Prime Minister is in place. The CBI business lobby group said it “made no sense to wait” for a new Conservative Party leader.
Worth reading in full.
Might be time to rethink the fracking ban!
Stop Press: Worth reminding people that Nick Clegg opposed nuclear power in 2010 because it would only help with energy bills in 2021 or 2022.
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Luckily owing to global warming we had that big storm at the end of February, which meant loads of firewood for the TJN household …
What’s the betting it’s going to be the coldest winter for about 60 years? Wouldn’t you just love it …
Last week our esteemed MP, Mr Cox, called in for a village briefing meeting, one of the points that got him most agitated was when it was mentioned that some eco-zealots want to ban all woodburners. It sounds like he has several woodburners in his baronial hall along with many acres of woodland to keep them supplied. He was very stirred up and promised to fight to ensure rural wood-burners would never be banned. I guess it is good to know that at least, on one issue, he is on our side!
Ha! Good one. I’m not sure where he actually lives – outside Tavi I think, but am not sure.
Pretty well everyone around where I am burns wood. Someone told me the other day that we weren’t supposed to burn our own wood, or what we’d picked up – only boughten stuff, kiln-dried etc. I’m not planning on buying any wood this winter.
We’re only half on grid here – no mains gas. A lot of his constituents must be in he same position.
I doubt if he’s on your side. But he’s definitely concerned about his own energy security.
Whoever the next PM is – choice from two useless WEF turds – until somebody goes on the attack against the Globalists and their genocidal agenda the whole damn world is Tom ducked.
There will be blood on the streets at some point.
Have we nobody in this country with the balls to unite us behind our flag and cry “Enough.”?
How much death, misery and destruction must we suffer before shouting:
“NO MORE!”
Hi HP thats exactly how I expressed the choice between the two to a couple of friends recently.Great minds and all that…lol
Thank you.
The tories will not survive this. Labour will continue to shoot themsekves in the foot and be even more inept.
Oh look, there’s the Tony Blair backed political vehicle popping up fully formed and ready to go, just in time for the next election…
you mean to unite people who are on their 3rd booster wearing face masks when driving or walking on their own? good luck with that.
These Cornwall Insight guys are an interesting outfit that’s for sure.
They appear to have their fingers in a number of Net Zero pies.
Clown world.
Rethink the fracking ban, back nuclear, make peace with Russia.
Apologise for the destruction of the last 2.5 years and promise to get this country on its feet. Pick on some principals and use them to assuage the sheep and proclaim loudly from all government propoganda units:
Coviderama is over. Never again.
(Some friggin hope).
There are 3 million plus UK residents dependent on oil for their heating, generally oil has been more expensive than gas but it looks as though this winter, oil could prove the cheaper option. Also and this demonstrates why petrol/oil is such a good fuel source, with oil, you buy up front and store your own fuel. Currently we have 12 months worth of oil in our tank, all delivered and paid for. Clearly at some future stage we will need to buy some more but for the next 12 months it is all in store and paid for.
We’ve got about 12 hours worth. I even shifted the tank last wee to paint behind it. Going to have to get a fill soon.
I live in a small town house with gas central heating and no chimney. I put a bio-ethanol fire in the lounge a couple of years ago and over the last year I’ve bought another small one which can be moved from room to room. I’ve now got a year’s supply of bio-ethanol in the garage. I recently picked up a second-hand calor gas fire on gumtree and (separately) an empty cylinder which I’ll be replacing with a full one this week. So I now have two sources of heat which are completely under my control.
Yes, if you can do it have more than one source of heat which you control.
Also I reckon lots of good wool jumpers. Irony – the sheep farms around here can’t sell their wool. They have to shear them of course, but the fleeces are practically worthless. And we’re all going cold this. winter.
We could end world hunger right now, but the eco-fascists won’t allow it
https://www.conservativewoman.co.uk/we-could-end-world-hunger-right-now-but-the-eco-fascists-wont-allow-it/
David Craig
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Unfortunately, whilst I understand that bio-ethanol is diverting food into fuel production and is not a desirable thing when we have gas, coal, oil and potentially shale, the bio-ethanol fire I put in my lounge a few years ago mainly for decorative reasons, is how I will be keeping myself warm this winter. I’ve been slowly buying stock and now have a year’s supply in my garage.
I keep wondering why, if there is a remedy, would any country destroy itself. I guess when the people at the top are shall we say “reimbursed” for their efforts, it starts to make sense.
It’s all going to the WEF’s plan. And neither Truss nor Sunak will do anything to stop it.
And here’s another consultant who appeared on the telly yesterday: https://www.youtube.com/watch?v=7OKF_zVcUV0 being interviewed by Farage on GBN. Nothing wrong with making a bit of cash out of consultancy, of course (been there, done it, in a different context in the past)!
A bit more on that subject: We can see what the real time, and longer term records performance of power supplies, including international links here: https://grid.iamkate.com/ At the time of writing, the NSL link to/from Norway was actually being used to export to it a little bit – -0.04 GW (out of 1.4 GW peak).