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Energy price cap


eggsarascal
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5 hours ago, eggsarascal said:

If energy costs are capped at £2,500 (as Liz Truss) repeated over and over again on Wednesday, does that mean I can leave my heating on 24/7 through winter and pay no more than the cap?... of course not

 

Why do these people try to push this nonsense on 'us'?, Truss' exact words were, "no one will pay more than £2,500 pa".

I agree it's a fooking idiotic thing to say.

What's wrong with saying " we have capped the price they can charge you per kwh, the most you will pay per kwh is xx pence" it's that simple, they can expand for the stupid and say the more you use the more you will pay but as you suggest some people think that they can run everything 24/7 and pay a max of £2500 a year.

 

It also makes some people think that they will pay £2500 a year when in fact they might pay far less.

 

Why not use this opportunity to educate people on how their energy is costed/charged, how to read their meter and covert that into £'s and we might get people

using less energy benefiting everyone and everything, well, apart from the poor old energy suppliers like.

 

 

 

 

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51 minutes ago, eggsarascal said:

Are you sure about that? Trickle down economics tells me I will have some of your money.

Another fooking idiotic idea.

Give tax breaks to the poor, they spend every penny they get which as a result benefits the local businesses and therefore produces more tax. Give it to the rich and mainly the banks benefit.....oh hang on a minute, now I know what's going on.

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5 minutes ago, Mesterh said:

I agree it's a fooking idiotic thing to say.

What's wrong with saying " we have capped the price they can charge you per kwh, the most you will pay per kwh is xx pence" it's that simple, they can expand for the stupid and say the more you use the more you will pay but as you suggest some people think that they can run everything 24/7 and pay a max of £2500 a year.

 

It also makes some people think that they will pay £2500 a year when in fact they might pay far less.

 

Why not use this opportunity to educate people on how their energy is costed/charged, how to read their meter and covert that into £'s and we might get people

using less energy benefiting everyone and everything, well, apart from the poor old energy suppliers like.

 

 

 

 

Do you want my honest opinion?

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1 hour ago, Dan Maynard said:

Wait for house prices to crash and you can buy it then.

I used to think this but I've now settled (not immovably but firmly enough) on the point of view that in the time you spend waiting for a crash/dip/adjustment price bargain, you lose more because of inflation. I say you're best off just getting on the train and not worrying about the fare seeming steep. It'll seem blissfully cheap next year. 

 

Say you have £200k. The house you want is £230k. A £30k dip could happen, you think, so you wait. You wait for a year while inflation is running at 10%. The house is now £253k (or your money is worth £182k, whichever way you prefer to think about it). Another year passes. House is £278k (or your money £165k). Now you wish you'd just paid "too much" two years ago.

10% is the inflation rate this year btw. It won't be that next year.

 

Inflation — The lessons from Weimar

Edited by AHPP
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1 minute ago, Mesterh said:

Hurry up, I'm hoping David Icke is going to crop up at some point. It is Saturday night so make it good. :)

Hang on a min, I’m with your way of thinking, but there are still many that aren’t.

 

If someone is on what I call ‘big’ money they already have a gardener or cleaner if they want/need one, having a tax cut DOESN’T mean they will spend more, they will just squirrel it away for ‘Ron’, it certainly does not trickle down.

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