Liz's energy subsidy.

[marshman]

I really don't understand why anyone would be on Economy7 when they could be on Octopus Go!

Because Go is unavailable here, that's why. Also Go doesn't have the built in time switch that E7 has, and for the housing association homes that tamper-proof timing is a key requirement. There are still over 4 million E7 users, many of them tied in because there are no other options where they live.

What he said + can't get a smart meter here out in the sticks either + don't have an EV (yet), so stuck with E7 as the least worst option. Gas never an option as there is none.

[Stinsy]

£100billion, pretty sure you could insulate every home in the UK for that....

You could build 500,000 passivhaus social houses for that much!

[Oldgreybeard]

What he said + can't get a smart meter here out in the sticks either + don't have an EV (yet), so stuck with E7 as the least worst option. Gas never an option as there is none.

Mirrors our situation, no smart meters available (SSE tried hard to get one to work here then gave up after about 6 months and many trips out to try and sort it, and fitted a new E7 meter). Nearest mains gas is probably Shaftesbury, around 10 miles away, and there was never any prospect of getting gas out here. Locally most people use oil, some use LPG and the housing association estate uses storage heaters, put in a couple of years ago.

[Fintray]

£100billion, pretty sure you could insulate every home in the UK for that....

You could build 500,000 passivhaus social houses for that much!

What! Build houses that once completed would hardly use any energy, the new energy minister and his investments wouldn't like that at all.

[spread-tee]

£100billion, pretty sure you could insulate every home in the UK for that....

You could build 500,000 passivhaus social houses for that much!

What! Build houses that once completed would hardly use any energy, the new energy minister and his investments wouldn't like that at all.

If he had half a brain he would invest in Passive house builders instead, think of the Tax revenues that would create too?

Desp

[SafetyThird]

I really don't understand why anyone would be on Economy7 when they could be on Octopus Go!

Octopus aren't taking new customers onto Go. I enquired several months ago. After years of heating with wood, we have the GSHP and I wanted to move us from E7 onto Go but can't do that until they open up to new customers. Meanwhile, I'm still waiting to get a smart meter, if they can fit one to our situation (split phase E7) out in the country.

Meanwhile, I'm installing batteries to go with our solar panels and hoping I'll be able to charge using E7 over night and store enough to get us through most of the winter days.

[Oldgreybeard]

I really don't understand why anyone would be on Economy7 when they could be on Octopus Go!

Octopus aren't taking new customers onto Go. I enquired several months ago. After years of heating with wood, we have the GSHP and I wanted to move us from E7 onto Go but can't do that until they open up to new customers. Meanwhile, I'm still waiting to get a smart meter, if they can fit one to our situation (split phase E7) out in the country.

Meanwhile, I'm installing batteries to go with our solar panels and hoping I'll be able to charge using E7 over night and store enough to get us through most of the winter days.

E7 with batteries works well we've found. The 7 hour charge period is a significant advantage if you have other loads that are on overnight, too, as it allows the charge power to be dialled down a bit to avoid overloading the supply. In our case we can get close to the supply maximum overnight, with the car charging, the hot water heating and the battery charging, especially overnight once in every three days when our well water filtration system backwashes the sand filter and runs the pump for half an hour or so.

[richbee]

£100billion, pretty sure you could insulate every home in the UK for that....

You could build 500,000 passivhaus social houses for that much!

What! Build houses that once completed would hardly use any energy, the new energy minister and his investments wouldn't like that at all.

Yes, stop coming up with sensible ideas - we didn't get where we are today with sensible ideas!
Interesting to read that Truss's biggest donor for the leadership campaign was the wife of a BP director

[Oliver90owner]

All her efforts, over the last couple of months, or so, have been to win over any of the tory membership who were eligible to vote.

OK, she may have tried to gloss over, or not mention, anything that might cause alarm with general populace, but the only real target audience was for those who would be likely benefit from her becoming PM than Sunak.

Now, it is different. She now has to ‘hide’ any benefits to her (wealthy) supporters while trying to gain sufficient support from the electorate (as a whole) to get herself re-installed at the next election. I foresee some huge future debts being accumulated for future generations, in the hope of the unknowing electorate voters thinking she has saved them. What might happen in a future term of office may not be the same again.

I remain ‘fairly’ agnostic about the colour of the party in office (prefer blue over red, I suppose, on balance), but fully realise the tory voters voted for themselves - not for the real benefit of the country - in the recent vote. That is politics, through and through.

Last year, they couldn’t care that us pensioners were provided with a reduced pension increase - they were not up for election, were they?

Whatever hand-outs are up-coming will have to be - eventually - paid for from taxes. There is no getting around that. Perhaps I should not worry about that as it will likely not be me that pays back that debt. Much like hinkley c, as I see it.

[Phoooby]

The cost seems bonkers, £150bn estimate and that assumes prices will be down to acceptable level in 2 years time. If prices are still high, what happens then.

I think Rishi had a better idea of targeting support where needed to lower incomes to keep the cost under control. People on higher incomes £50-60k should be able to cope with these bumps in the road. The Furlough scheme, which I thought was to generous as well, seems to have opened the floodgates on everyone expecting the Gov to bail them out. There are plenty of low earners, fixed incomes, disabled who will need help immediately to pay bills. With the £5-6k per house that they are now estimating, some should have been allocated for insulation, new boilers or heat pumps, possibly solar to create long terms savings and less just handed out to high earners who have the means to sort things out themselves.

Nothing about business assistance. If businesses start to fail or just reduce hours, people wont be able to pay any bills, let alone subsidised ones.

Very few commentators on the MSM seem to have pointed out that this £150bn of increased national debt is being transferred directly to BP and Shell etc over the next few years. Yes, they may tax the profit a bit more than usual but that is only clawing back a bit. The general population just seem blinkered in wanting cash to pay bills and not bothered by the consequences.