Numbers are a little worse than forecast earlier on in the year.
New Price Cap Imminent
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Released today the Cornwall Insight final cap forecast
Numbers are a little worse than forecast earlier on in the year. -
4 Replies
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@Mailman
thank you for this. Although it’s early days in the life of this government, I’m sure there will efforts to moderate any increases after due consultation with OFGEM and suppliers. The increases predicted in the standing charge will come under particular scrutiny.Current Eon Next customer, ex EDF, Zog and Symbio. Don't think dual fuel saves money and don't like smart meters. Chronologically Gifted. If I offend let me know by private message, but I’ll continue to express my opinions nonetheless. -
@Mailman
Thank you for the update. Cornwall Insight are usually pretty accurate with their forecasts.
@meldrewreborn
Well said!, I hope the new government will make efforts to moderate any increases, especially as they're under fire for scrapping the Winter Fuel Payment for the majority of Pensioners, which will hit those just above the qualifying level for Pension Credit the hardest. -
@Tommysgirl
I think the government are realising that it’s much harder to manage things than it was to criticise from the opposition benches. The decision to axe the winter fuel payment for millions was rather crass, and hypocritical given they’d taunted the previous government about the prospect of such a change.
the budget will clarify a lot of things for the electorate, and may give us a clearer understanding of how policy intentions will translate into real measures.Last edited by meldrewreborn; 3 Hours Ago at 12:06.
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There are things that could be done to change how our electricity supply system works, especially in regards to wholesale pricing and settlement at the half hourly prices, which can lead to wind power being turned off, at the same time increasing flows through interconnecters from abroad. Proposals to end this apparent lunacy are in the offing, but while residential consumers might benefit, industrial user might be adversely affected.