More increases in electricity bills?

It's a big racket, folk like this are never backwards at coming forward when it comes to making a profit out of a national crisis. The make-up of these charges is opaque to the extreme, a bit like your council tax break-down.

It's such a racket that many of the players in the market have lost loads of money and gone bankrupt.

In reality, the energy suppliers have been losing money for months.  So now they are allowed to increase their prices, they are as much as they can.  And even then, they are unlikely to be making any real profit.

The people who are making the profits are the ones sucking fossil fuels out of the ground.

well it will stop rising when it matches the wholesale prices the metering companies are buying at. Right now that is very much a moving target.'

It will probably stop moving when the price reaches a point that enough people cannot, or do not wish to,  pay that rate and then, and only then,  there will be enough demand reduction to match the supply reduction.

Somehow demand needs to fall, and price is a very crude mechanism. (and at high prices things like installing solar panels, or insulation becomes more worthwhile, but no-one uninstalls it when the price drops, so the demand reduction persists.)

Gas (note that £3 per therm is 10pence

/kwhr)

and

Elec.

Think you'll find the the solar and wind subsidy farmers are doing slightly better.

We have a failed energy policy, struggling and hitting a brick wall fast.

Here is some common sense for everyone.

UK Energy Reset! (GWPF/Net Zero policy primer) – Watts Up With That?

There was never any real prospect right from the start that some of the minnows who were granted licences to sell energy would ever survive a real crisis. It was irresponsible for Govt to grant them without stricter criteria being applied from the outset.

Do you know how many people's hands 1 unit of energy goes through during it's journey between generation and consumption? Forget extraction & processing for a moment and instead focus directly upon the start of the journey of say 1 MW of generated energy through the existing marketplace. Having conducted your study I am sure that you will, like myself, be astonished at how many parasites are taking a slice off the top, and will conclude that the existing market is not fit for purpose.

Well I am up for subsidy-free wind & solar. If it is as good as they say it is, then let it stand on it's own 2 feet and see how it fares.

Then i would go for coal in a big way. To pacify the greenies we could initially redirect some of the existing funding towards further developing 'Clean coal technology', which was well advanced before the funding was mysteriously dropped back in the day (I may be incorrect but I seem to recall it was around the same time David Cameron went dancing with polar bears and throwing tax payers money at windfarms). We are blessed insomuch that we are standing on hundreds of thousands of tons of the stuff. The mining processes of today are principally automated and highly efficient. I struggle to see a valid argument against it.

Nuclear? I'm not so sure, simply because of the uncertainties over dealing with the waste and it's associated high costs.

Clean coal technology was abandoned because it wasn't economically viable.  Solar and wind are cheap, and coal isn't.  Coal is now only viable when the wind isn't blowing and we have to turn to something else as a backup.

Add the cost of things like carbon capture and storage, and coal is no longer worth investing in.  It'll be a huge loss maker.

whjohnson said:

There was never any real prospect right from the start that some of the minnows who were granted licences to sell energy would ever survive a real crisis

Right now I am paying the price for having shopped around on an annual basis.

One would have to be an extraordinary pessimist to take on any of the fixed price deals which are currently available. The larger suppliers must regret their fixed price deals, but at least they are not dragging them under.

What I don't understand is the massive rises over the past year or so. Has demand risen or has supply fallen?

Chris, its the green agenda that has caused this. Environmentalist propaganda based on flawed nonsense science. Governments worldwide have swallowed the Green B.S. 

One day the world will wake up. Don't expect this anytime soon.

We all are subject to an energy heist beyond a common man perspective.

You have to ask the question. Who's in control?