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Legal, pensions and money

Rising Bills

(63 Posts)
Silverbrooks Tue 25-Feb-25 11:15:29

Important to do so and with a supplier which doesn't charge exit fees so that you can get out if the market changes and it doesn't seem such a good deal anyone.

I urge people to use MSE's Cheap Energy Club calculator to keep tabs on what's on offer.

Whitewavemark2 Tue 25-Feb-25 11:08:07

I fixed last summer. Will do so again if necessary.

Pittcity Tue 25-Feb-25 11:03:22

Allira

Our house insurance went up by 24% having gone up by 25% the previous year. They immediately dropped the increase to 11% after a phone call!
We have not claimed, are not on a flood plain or any other high risk area.

Time to look at comparison sites. Unfortunately none of us can do that with Council tax or water rates.

You could ask to be put on a water meter.

We are on a smart water meter. The increase is on the monthly direct debit and assumes we will use the same amount of water as last year. I have told DS he'll have to limit the use of the pressure washer!

Our house insurance is due for renewal. I'll be shopping around.

rafichagran Tue 25-Feb-25 10:38:41

I had a letter from my water company stating that my monthly bills could go up by £16 per month depending how much water we use as a household.

Silverbrooks Tue 25-Feb-25 10:38:28

Energy prices are based on wholesale prices no different to the price of any commodity.

When demand for a commodity rises, wholesale prices rise.

The demand for energy rises in cold weather and it also affected by geo-political events.

There is a time lag between when wholesale energy is bought on our behalf and when we use it.

Starmer can no more predict the weather and wholesale prices that you or I can and even if he could, we cannot buy in energy when prices are lower as we don’t enough storage facility. We closed down some of what we did have.

Martin Lewis spent much of last summer urging people to get off the price cap and fix. Those who did so have protected themselves from the last two rises and this one just announced.

Allira Tue 25-Feb-25 10:27:02

Our house insurance went up by 24% having gone up by 25% the previous year. They immediately dropped the increase to 11% after a phone call!
We have not claimed, are not on a flood plain or any other high risk area.

Time to look at comparison sites. Unfortunately none of us can do that with Council tax or water rates.

You could ask to be put on a water meter.

Barleyfields Tue 25-Feb-25 10:23:57

Sorry that was to Mollygo.

Barleyfields Tue 25-Feb-25 10:23:39

It was. I have never believed they didn’t know. It’s just a convenient excuse to do what they were planning to do all along.

Charleygirl5 Tue 25-Feb-25 10:22:51

I just read online that gas and electricity will rise by £9.25 a month from April. That, plus the rest of the rising costs, is too much, but Rachel thinks I am a rich pensioner because I cannot claim towards their costs.

Mollygo Tue 25-Feb-25 09:58:51

I think he is realising that being in opposition is a lot easier than running the country

Waits in anticipation for the inevitable defence of
He didn’t know how bad the state of the economy was.

It was his job to know.

GrannyGravy13 Tue 25-Feb-25 09:17:37

I have just found a clip of Keir Starmer whilst on the election campaign, he was promising to freeze energy bills and council tax 🤥

I think he is realising that being in opposition is a lot easier than running the country…

love0c Tue 25-Feb-25 09:08:22

Pittcity Yes our bill has risen by over 30%! I do not see how they are allowed to do this!

Pittcity Tue 25-Feb-25 08:59:24

I've just received notice that my water bill is rising by over 30%.
The news headline is the imminent rise in gas and electricity prices. (We are on a fixed rate for a few more months so will worry about that later)
I'm expecting an increased Council Tax bill next week.

Luckily the annual increase in our income will cover these bill rises.

DH is furious as he knows that these companies are just making shareholders rich at our expense.

Just wanted to vent really!