Energy Costs

Started by Alex, July 28, 2022, 02:26:13 PM

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Alex

British Gas owner Centrica has posted operating profits of £1.34 billion in the six months to the end of June, an increase of five-fold on the same period in 2021.

Source: LBC News

Comments  ?

1955vintage

The problem with being retired is that you never get a day off

Jacqueline

They :yell: are ripping us off

Diasi

Quote from: Alex on July 28, 2022, 02:26:13 PMBritish Gas owner Centrica has posted operating profits of £1.34 billion in the six months to the end of June, an increase of five-fold on the same period in 2021.

Source: LBC News

Comments  ?
That's because Centrica produces & sells gas.

All the energy companies that are making huge profits are producing the oil & gas that they use & sell, most of the small energy suppliers who have to buy all their gas have gone bust.

The next rise in January is predicted to be 27% which will take a current energy bill of £150 pm (£273 pm in October) to £346 pm.

The energy price cap will eventually be beyond the limit at which many people will be able to pay their bills.

For example, after January 2023, our energy bill & our council tax bill will more or less take our entire State Pension.
Make every day count, each day is precious.
"Death leaves a heartache no one can heal, love leaves a memory no one can steal".  (Cassandra)

Raven

#4
How I'd love to wipe that smirk off Herself's Face.

https://www.mirror.co.uk/money/energy-boss-6m-770000-payday-27836218

Alex

So would I.   How do they sleep at night, because her salary is obscene, before any bloody bonuses.

Diasi

Quote from: Alex on August 26, 2022, 01:32:35 PMSo would I.  How do they sleep at night, because her salary is obscene, before any bloody bonuses.
Quite easily as she's a sociopath, are as virtually all successful business people, certainly the CEOs of big companies.

This is what enables them to succeed as they never stop to think of the consequences of their actions & it wouldn't worry them if they did.

The cost of energy will eventually reach the point where very many people won't be able to pay it as it'll be most of their income.
Make every day count, each day is precious.
"Death leaves a heartache no one can heal, love leaves a memory no one can steal".  (Cassandra)

Michael Rolls

Thank you for the days, the days you gave me
[email protected]