British Gas Profits
 

British gas profits up 600% what a rip off

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Thats the most annoying thing, people struggle to pay the highly inflated prices for their basic fuel bills & fat cats make a mint even easier :(

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ITS ALL HERE ON THIS LINK FROM THE FAT CATS LAIRhttp://www.centrica.com/index.asp?pageid=39&newsid=1195

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There may have been faults with the old nationalised gas and electric industries, but they were certainly better than this - a cosy little cartel of six companies, all profiteering at the expense of the British public. Hardly the freedom of choice we were promised when these industries were sold off, is it?

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another reason to nationalise the utility industries .

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yea thatchers cronies still profiteering after all these years they really hooked lined and sunk the british public...:mad::mad::mad:

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is there not supposed to be a watchdog or something in place or are they getting bribed...:mad:

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would,nt it be good if some lawyer came out and found out it was illegal to sell off the utilities sector and the goverment had to take them back...i think there should be a referendum....nationalse the oil rigs as well....weve tried privatisation they got too greedy can we have our oil back please...:dflam::dflam::dflam::dflam::dflam::dflam ::dflam::dflam::dflam::dflam::dflam::dflam::dflam: :dflam::dflam::dflam::Banane10::Banane33::Banane44 ::Banane44::Banane44::Banane33::Banane10::Banane43 ::Banane33::Banane44::Banane43::Banane10::Banane33 ::Banane33::Banane10::Banane43::Banane44:cmon you reds

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i am amazed my how much gas costs!! My new house has a prepayment meter and i am putting £20 a week in and i only use it at night and switch it off when i go to bed...

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i would ring them up to check an see if there is a debt on the meter - it really shouldnt cost that much!!

sometimes if a previous occupier had a debt it is paid through the meter - eg an extra 10 pounds a week on top of what you use

ill take a chance and say that that debt doesnt get automatically removed.

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It should be the regulators you're getting mad at, it should be the regulators you're reporting the utilities to, not Thatcher. A market is no use if its unregulated leading to private monopolies, because private monopolies are no better than state ones. If the energy companies are collaborating to fix the price of their product then this is illegal!

Oh and, the government do own the oil so I've no idea what you're going on about there.

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the goverment dont own the oil its the oil companies and i bet they dont declare all of it either:hehetablethatchers cronies stripped this country of its working rights and manufacturing industries and anything else that got in the their way and sold it down the river just for a quick buck and she used the police for her own political ends as well.and that was supposed to be illegal thats what im talking about she stripped this country of any assets it had now most of the utilities industries are owned by foreign shareholders...who just want profit profit profit in their back pocket...;)

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Can you give me a link that evidences private companies owning the oil?

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If you use a pre payment meter it is worth looking into EBICo as they are a not for profit supplier who charge the same across the board with no standing charges.

Through my work I have learnt that with prepayment meters you can turn all the supplies off to the property and the meter still takes money due to the standing charge...with EBICo there is no standing charge, so if you don't use it, you don't get charged...

it can save some people money on quartley meters but not always due to most suppliers doing deals for quartley meters that EBICo can't match but this is not the case for pre payment

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there,s shell bp and other private companies/. the goverment only tax it..the only country that owns 40% of its own production and thats norway..and th largest company in the northsea is first oil who are a private company.ive found an interesting link that could be britain on the way to be a third world country unless we find an alternative fuel for energy.. The shocking truth about North Sea oil - Money Week

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Watching News 24 this morning there is another slant on British Gas come to light. A old chap had is cental heating boiler serviced, and the BG engineer condemned it and disconected it so it could not be used. BG then gave the chap a price for replacement and upgrading which was £3,950 aprox, the guy complained about the price but was told it was right, so with the wreather being cold he told them to do the job. His son went made and contacted 20 central heating firms and got a prise, the average was £1,650, is it any wonder they made so much profit. Age Concern say that this is not an isolated case

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If it's true, that is shocking. Maybe it is about time Ofgem got involved but where have they been over the past few years when they were making record profits then too. Then again I can't say much as I work for United Utilities :D

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Good grief lass you shouldn't have mentioned that on here, there even less popular than Britcliffe:D

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Probably the same place as the Competition Commission while the big four supermarkets were decimating the high street and pricing farmers out of business.

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Good point. In the future, when all our food is supplied by one of only a very few supermarkets, they'll have us over a barrel, and will be able to charge us whatever prices they like.

Less a free market economy, and more like a Victorian town, where the mill workers were forced to spend their hard earned wages in the shop owned by the mill owner.

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That is not all British gas stitch you up with, there heating, servicing and breakdown insurance is the most expensive, they don't do a 'service' now, rather an 'inspection' which means exactly what it says, they look at the appliance, nothing taken apart and cleaned as it should be, the breakdown insurance is supposed to have an annual 'inspection' included, but it went from 12 monthly, to 13 or 14 monthly, then eventually to the point where you have to ring THEM, or you don't get the inspection, they can get out of any repair, will tell you your boiler/fire is obsolete just because it isn't made anymore, don't tell you the parts will be available for years to come, I know a lady in accrington who got £560 'hush money' because she sussed them out. (she had help from somebody to suss them, don't know who :rolleyes::jimbo:)

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We can't be perfect all the time :rolleyes::(

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You speak for yourself Walkon:D

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Naturally I didn't mean myself just the company Lol

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And I bet the original boiler was ok, the engineers are paid commission, and there computer shows a 'no longer made' boiler as obsolete, even though the parts are available in many cases.

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Hiya em, before you have anybody round, make sure your hot water tank is well lagged, curtains are not covering radiators, no furniture in front of rads, and your room thermostat is at about 21, you have a back boiler, which although one of the most reliable machines, is not the most efficient at about 60%, the quote from bb for his combi is a 77% efficient machine (unless new, then it's 90%) and he doesn't store hot water, so the system efficiency (differs from boiler efficiency) is a lot better than yours, in my opinion, you are not a long way off with your gas bills, considering you have that system, and a prepayment metre. Sorry for going off thread.

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I am paying lots more than Em, and believe me am doing everything to cut it down .. checking day to day and still running at about 4 gas units. Have just rung help lines (they have passed me on to another, but know they will ask me all those questions again).

Was just trying to say, they can test me meter .. but they charge around £65 to so .. if it is the meter I win and they will give me my money back including some of the gas consumed they think is incorrect; if not the meter I lose and they keep the fee. Sorta' gamble.. ah well, will just have to ring this other 0845 number again I guess.

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The prepayment meter may have been set to recover a debt incurred by the previous tenant. That sort of meter charges the highest tariffs of them all no matter who the supplier is. Ask for a quarterly meter and hope that when they do the change, they will discover that , due to the 'debt setting', you qualify for some money back.

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?? You talking to me Margaret or Em. :D

Am on a quarterly meter and pay direct debit ... which, wait for it, is £ 97 per month ..and this is only because last year was discovered overpaid from what they were charging me £128 per monthy !! The units are still running high and turning it down, etc., hardly ever use gas fire, but water was on all the time. Laugh is I am now bl**dy freezing and have to put blow heater on in the back room, where I now spend a lot of my time, which will be bumping my electric bill up .. summat just not right.

Not a big house and have double glazing throughout plus loft insulation. Anyway, am now going to try with the water turned off to see if this makes a difference. :(

Sorry if digressed from original subject.

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I was advising Em about the meter.
Kate - the new condenser boilers super 90% efficiency has made a big difference to my bills.
There is no way a direct comparison between costs at my place and yours.
My flat is larger than most and was designed for couples, but I have only 4 rooms and a hallway, low ceilings, cavity wall insulation, loft insulation, double glazing, and the thermal additive I used in the ceiling and wall paint.

I have my heating on constantly 24/7 at 22C (and sometimes notch it up to 24C)
I am on a dual fuel internet tariff with Scottish Power.
Eleven weeks ending 13 Jan cost me £124.63 - £11.33 per week for gas and electric

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Thanks Margaret .. obviously something wrong .. don't think I can just turn the water off on it's own now due to faulty timer ..:( Can get fixed through my contract (again a fortune) but they would have to break the tiles and have no spare ones. May be worth the gaps though .. just perplexed by it all.

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Heating & hot water - central heating, efficient boilers - Energy Saving Trust
Search for grants and offers / Energy saving grants and offers / What can I do today? / Home - Energy Saving Trust
look at these Kate

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If I'm ever scratching my head about anything I'm definitely going to drop you a pm margaret, because if you don't know you usually find a link from somewhere, you seem to have the knack of finding things out, good of you:worthy:

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I just lurve googling :)

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Well I agree with you margaret, so get googling solar energy, with energy increases likely to be 30% again this year, solar heated hot water is definately now a viable option, I have done my training 2 years ago, but the rest of the staff have been booked to do thiers, in light of the new increases. :hothothot:D:D

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It won't be any good for either Margaret or myself Derek, unless Hyndburn Homes are feeing generous that is:D:rolleyes:

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You could still have it done, there are grants available from government and manufacturers, but it is more difficult and expensive if you have a combi boiler, if you have a new condensing combi as margaret does, it is still not a cost effective option until the boiler expires.

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Yes Derek my flat is identical to Margarets and we have the same type of boiler 13 months old, its just the thing of where to site the panels as I live in a ground floor flat

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some one once said that we had cheep north sea gas that would last for ever,now we have to inport it,at our expense.