Monday, November 20, 2023

Rising Energy Costs: Frost inside windows?

 

If everything is relative then perhaps many parts of the world might wish that worrying about how to be able to pay increasing energy bills, or coping with a rising cost of living, were the least of everyday worries as opposed to wondering about how to daily survive the deadly effects of war and conflicts.

But, in the UK, the former, for many - the elderly, those with disabilities, and those whose are living on the edge of, or in, poverty,- capitalism’s raison d’etre of exploitation and profits, profits, profits, are of real and anxiety causing concern.

SOYMB recently posted the latest Joseph Rowntree Foundation report on destitution with the UK. Now comes news that the choice between eating or heating is going to become even harder.

https://socialismoryourmoneyback.blogspot.com/2023/11/turn-off-capitalism-not-fridges.html

Numerous readers, of a certain age and above, will recall that within living memory households were dependent upon open coal fires and hot water bottles for their heating needs. The news report below notes that there has been a reduction already in the use by households of gas and electricity.

There will, no doubt, be numerous charities offering advice to the ‘vulnerable’ as to how to keep warm, avoid hyperthermia, and save on energy costs.

There will not be mainstream explanations of the reason for the potentially life threatening cause of the difficult choices which a hard cold winter creates, which is capitalism,. Neither will there be explanations as to how to abolish this iniquitous social system and replace it with one of benefit to everyone - socialism.

The Guardian reports, ‘Household energy bills could climb to an average of almost £1,900 a year in the coldest months of the year under the UK government’s energy price cap, according to a leading forecaster.

The energy price cap is expected to climb from the £1,834-a-year level for a typical home set to take effect from Sunday to £1,898 when the cap is next updated for the months from January to March, say analysts at Cornwall Insight, adding to the burden of the cost of living crisis.

The energy price cap sets the maximum price that suppliers can charge based on the average gas and electricity bill, meaning a cold winter could push bills higher if households need to keep the heating on for longer. The cap remains more than 50% higher than pre-pandemic levels.

The £1,834-a-year cap covering October to December is based on new Ofgem calculations that assume households now use 7% less electricity and 4% less gas, having cut back consumption in the cost of living crisis. When it was announced last month the regulator gave a headline figure of £1,923 a year, using the old methodology to help comparisons with previous quarters. However, in future only the new system will be used.

https://www.theguardian.com/money/2023/sep/29/energy-bills-price-cap







No comments: