Scottish Power price rises

[Nicholas Blair]

Here we again - Gas +19% & Elec +11% from August.

What is one to do.......

[V88Dicky]

That'll be the bill for the windymills then!

[Tsippy]

Is this increase to help pay for your windmill/solar energy plans?

[Mojocvh]

I don't see what the problem is, all they are doing is ensuring both their shareholders and company bonus system continues to benefit.




Aye right, forget about vince cable telling off the unions, this st will set the scene for growing public discontent.

Squeeze, squeeze, squeeze..mr cameron needs to get himself off the worlds stage and see what's going wrong here.

Cue "it not a public utility and we cant bla, bla, bla..." while pocketing the increased tax take of course.

[s2art]

V88Dicky said:

That'll be the bill for the windymills then!

In part.

http://www.telegraph.co.uk/earth/energy/windpower/...

[Funk]

I've just switched from SWALEC (part of Scottish Power) to EDF. I'm paying a little more per unit (not much though - in fact they've set the Direct Debit at the same amount per month as I was paying SWALEC...) but the real benefit is that both gas and electricity prices are fixed until April 2014.

http://www.edfenergy.com/products-services/for-you...

[Mojocvh]

Funk said:

I've just switched from SWALEC (part of Scottish Power) to EDF. I'm paying a little more per unit (not much though - in fact they've set the Direct Debit at the same amount per month as I was paying SWALEC...) but the real benefit is that both gas and electricity prices are fixed until April 2014.

http://www.edfenergy.com/products-services/for-you...

nice one

[anonymous-user]

The annual massive increase in utility bills again by our energy providers that will no doubt operate as a monopoly and all raise prices in unison.

What I struggle to understand is why, when we are still in a recession, do companies try to squeeze large amounts extra from the general populace? In a way I can see why they would do it in a boom when there is spare cash floating around but now....?

<tinfoil hat on> Maybe there will be a time in the future when huge companies and the government work hand in hand and the working mans wages are paid directly to the government/corporation and every single purchase from a mars bar to a house has to be applied for and discussed as to wether you need it before funds are released...

[NoelWatson]

1974nc said:

What I struggle to understand is why, when we are still in a recession, do companies try to squeeze large amounts extra from the general populace?

Because central banks throw liquidity into the system, and hold interest rates very low.

[Funk]

NoelWatson said:

1974nc said:

What I struggle to understand is why, when we are still in a recession, do companies try to squeeze large amounts extra from the general populace?

Because central banks throw liquidity into the system, and hold interest rates very low.

And also because electricity and gas aren't really 'optional' - we have to have them..

[crankedup]

France - electricity is subsidised by the good old English.

[Mojocvh]

crankedup said:

France - electricity is subsidised by the good old English.

soon to be good old boche as well.......

[anonymous-user]

NoelWatson said:

Because central banks throw liquidity into the system, and hold interest rates very low.

But the liquidity thrown into the system appears to be for banking interests only and not beneficial to the man in the street..

[anonymous-user]

It's this whole 'boiling the frog' approach that we have in this country that really gets me.

If money and profits for the elite few are the aim then be done with it and we might as well have fuel at £20 a gallon, 500% rises in gas/electric etc and taxes through the roof.

I'm sure committing financial genocide won't weigh too heavily on the consciences of the men at the top plus generate some phenomenal profits from those who can afford it..

Rant over.

[NoelWatson]

1974nc said:

NoelWatson said:

Because central banks throw liquidity into the system, and hold interest rates very low.

But the liquidity thrown into the system appears to be for banking interests only and not beneficial to the man in the street..

Are they not happy enough with the interest rates? How would you see man on street benefitting in ideal world?

[Get Karter]

What would you do if your business were to sell sandwiches, and the price of bread goes up?

1) Take the hit to profits
2) Put the price of your sandwiches up?

[BOR]

Get Karter said:

What would you do if your business were to sell sandwiches, and the price of bread goes up?

1) Take the hit to profits
2) Put the price of your sandwiches up?

3) Put the price of your sandwiches up and add a bit on for extra profit because you're worth it?

Nationalize these fkers.

[anonymous-user]

NoelWatson said:

Are they not happy enough with the interest rates? How would you see man on street benefitting in ideal world?

So what you're saying is because the base rate is low then everything else must be perfect

[anonymous-user]

Compare utility suppliers to supermarkets..

Supermarkets aggressively compete with each other on price to lure customers from one to another.

Energy suppliers work for their own common interest to ensure everyone is milked

Not exactly how its meant to work imo

[Adrian W]

It's because they can..................and those with the power will do bugger all about it