Energy Crisis

[eek]

Same here. But you will be paying the same as everyone else. The price cap is effectively a huge 6-month discount as things stand.

Yep - the only way to save at the moment is to reduce your consumption which for me means upgrading the server in the garage so it consumes 100watts less an hour.

[d000hg]

That would be good. I haven't looked at the details yet, and don't actually know what our recent unit rates on PP were, but it might actually be possible that we end up paying less than we would have because I think our PP tariff was variable (still capped? I don't know).

The cap is the most a supplier is allowed to charge so normally not a good rate. But wholesale rates are above this so the highest rate is cheaper than it costs the supplier to buy the energy. In 6 months the cap gets reviewed and is almost certainly going to rise.

[d000hg]

I cancelled our DD to PP because I'm told this is OK, though nothing else is advised. Don't trust people with my DD
Got an email and text from PP's automated "we don't have a DD in place" service, clearly that part is still working!

[SueEllen]

Going going - Bulb

https://news.sky.com/story/governmen...-bulb-12453948

The government is accelerating contingency plans for the collapse of Bulb, Britain's seventh-biggest domestic energy supplier - a demise that would mark by far the biggest insolvency of the crisis engulfing the sector.

Sky News has learnt that ministers and officials, along with the industry regulator Ofgem, believe that Bulb - which has around 1.7 million household customers - could collapse as soon as next week, amid diminishing expectations of a rescue deal.


Industry sources said on Friday that talks with a small number of potential buyers were ongoing, but that others had pulled out in recent days.

A solvent rescue remains a possibility, they said, but added that it was highly unlikely that Bulb could survive through November without new funding.

[ladymuck]

Going going - Bulb

https://news.sky.com/story/governmen...-bulb-12453948

The government is accelerating contingency plans for the collapse of Bulb, Britain's seventh-biggest domestic energy supplier - a demise that would mark by far the biggest insolvency of the crisis engulfing the sector.

Sky News has learnt that ministers and officials, along with the industry regulator Ofgem, believe that Bulb - which has around 1.7 million household customers - could collapse as soon as next week, amid diminishing expectations of a rescue deal.


Industry sources said on Friday that talks with a small number of potential buyers were ongoing, but that others had pulled out in recent days.

A solvent rescue remains a possibility, they said, but added that it was highly unlikely that Bulb could survive through November without new funding.

I'm mid-transfer away from Bulb

Held up for weeks now because they didn't properly register a change of gas meter back in 2019.

Their customer service has sadly been crap on the couple of times I've needed it.

[_V_]

My fixed rate energy tariff ends in December. Looking around the next cheapest option is about 130% higher.

[SueEllen]

My fixed rate energy tariff ends in December. Looking around the next cheapest option is about 130% higher.

The advice is to stay on your suppliers standard variable tariff as the current energy price cap is in place until April. Obviously keep an eye out to see if there is a deal the same or cheaper than that.

[SueEllen]

Take my eye of the ball for a couple of hours and 4 more have gone.

https://www.theguardian.com/business...igh-gas-prices

Out of the four UK casualties Zebra Power had the largest customer base, and supplied 14,800 households with energy. Omni Energy supplied about 6,000 domestic pre-payment customers, while AmpowerUK had about 600 UK customers and supplied another 2,000 overseas households. MA Energy had about 300 overseas customers.

[SueEllen]

Another 2 down -

Neon Reef and Social Energy
https://www.theguardian.com/business...pliers-go-bust

[OwlHoot]

I cancelled our DD to PP because I'm told this is OK, though nothing else is advised. Don't trust people with my DD
Got an email and text from PP's automated "we don't have a DD in place" service, clearly that part is still working!

They can still deduct amounts from your account at regular intervals, and then you'll start getting shirty letters saying you are in arrears!