Gransnet forums

Legal, pensions and money

Page 4 of 4 | First | Previous | Next | Last
| Flip | Customise |

65% rise in energy in October!

(81 Posts)
Add comment | Report
Grannynannywanny Wed 13-Jul-22 00:34:45

That’s based on combined fuel bill per month travelsafar

Add comment | Report
travelsafar Wed 13-Jul-22 00:12:15

Is this for gas and electricity combined or just for one of them??

Add comment | Report
LizzieDrip Wed 13-Jul-22 00:11:03

Thanks GNW - that’s useful. And, of course, that’s without factoring in the extra energy we’ll be using throughout the winter. I fear that the extra money from the government won’t touch the sides. Of course, the extra winter fuel payment is just a ‘one off’, but I doubt the energy companies will reduce the price when the global energy situation eases. So, we’ll be left with higher prices for the foreseeable future; no further government help; and energy company shareholders once again making enormous profits at our expense!

Add comment | Report
Grannynannywanny Tue 12-Jul-22 23:58:27
User post image

It’s very worrying. I took a screenshot yesterday of Martin Lewis’s ready reckoner for likely future payments. I very much hope he’s wrong but his research is usually detailed and accurate. I’ve attached the screenshot.

Add comment | Report
Kate1949 Tue 12-Jul-22 23:50:01

Yes. My husband has said paying our energy bills will be like taking out a mortgage.

Add comment | Report
LizzieDrip Tue 12-Jul-22 23:45:05

I’ve just read the latest prediction from Martin Lewis. He reckons energy bills will rise by a further 65% in October. He was spot on with his April prediction so I expect he’s right with this one too. He knows his stuff!

He says: From Oct, typical energy bills will cost a third of the new state pension, and a bigger proportion of the old one. When will this all endsad.

Page 4 of 4 | First | Previous | Next | Last
| Flip | Customise |