UK Energy Crisis

With recent hike in energy prices This has led to the possible collapse of some energy suppliers.

Bulb (my supplier) is likely to be one of them.

It was reported this morning, that they were seeking a bailout from the Government, and they have 1.7 million customers (And I am one of them) and this news (which I only found out about late this afternoon), probably goes some way to explain the one of the reasons why I haven't heard anything back from them in getting my prepayment electric meter sorted out.

I am under the impression that should Bulb fail to secure it's bailout and falls, I will be automatically switched to another supplier.

The Energy Minister has stressed that there wil be 'No Lights Out' scenario this winter.
I would love to share his optimism, but I think the complete opposite is not likely or possible but probable - as I cannot see this winter being completely blackout/power cut - free once the hike begins to bite hard.

I hope I am proved wrong soimehow.

WHERE IS YOUR BACK UP PLAN FOR THIS ONE BORIS?????

Yeah im a bulb customer to worried about what will happen dont wanna go back to one of the big ones because they are useless and my bills will take a huge hike


whats the betting if it does go bust and we are moved it will be found out that they are major tory donors or a friend of boris's

The fact that the Government has to reassure people the lights won't go out this winter is a joke in itself.

Fertiliser manufacturing plants have shut down because the price of gas is too high. A by-product of fertiliser manufacture is CO2. A lot of CO2.
CO2 is now in short supply. CO2 is used extensively in food processing and packaging so look out for more empty supermarket shelves. Better fill the freezer now while you still can.
Of course, if the power goes off it'll all be wasted...

The main user of CO2 is, however, the NHS...

Welcome to 21st century Britain under Boris's leadership. Will the last person to leave switch off the light.

Oh wait...

IF the NHS ends up losing power, Boris will be wondering if we would have to go into lockdown simply not just because the NHS can't function properly without power but also Covid & Flu cases rising. If it happens, it will make it a very long winter. I predict not just a lockdown or two at end of October or November scuppers Christmas again, but having no power will also put some companies out of business and having to lay off staff. The very existential threat of that double whammy will really have a big impact.

As far as Bulb goes would the Government go as far to give Bulb the bailout since it's parent company is based in America? Would be nice to but I can't see it happening. Losing Bulb will reduce the choice to switch and I am fearing we will be left with a closed energy market once more soley controlled by the big six companies. I can't see many new companies coming in to break up that monopoly.

Now I wouild love to to know what contingency plans Boris will have to come up with to prevent black outs & power cuts. Reversing the price rise would be one but I fear it is too late for it to happen. The only answer is to either scrap the £20 cut from UC and/or bring in some kind of energy state winter benefit that eases the burden instead. Putting £!0 back onto UC will go some way too, but probably not far enough.

(20-09-2021 20:04 )HannahsPet Wrote:  Yeah im a bulb customer to worried about what will happen dont wanna go back to one of the big ones because they are useless and my bills will take a huge hike


whats the betting if it does go bust and we are moved it will be found out that they are major tory donors or a friend of boris's

Mate I am pretty certain we will be moved to one of the big 6 should they fail to secure the bailout and we won't have a say in it.

We are in a un precedented position.
With CO2 running out will start leading to food going to waste, causing waste build up in streets companies reducing working week to three days. Sound familiar?
Govt has said it will not bail out energy firms and Energy Minsiter Mr Kwarteng said there needed to be an acceptance that gas prices "could be high for longer than people anticipate".
But he called fears of a three-day working week "alarmist", adding: "There is absolutely no question of the lights going out or people being unable to heat their homes."

I would say that if the rise stays the three day working week looms ever larger.

If your company goes bust, you will AUTOMATICALLY be transferred. NO loss of service. Yes your new supplier will charge you more, but if your current supplier survives they will also of put your prices up.
Billions been paid out to exexcs of energy firms when times are good, now bleating when they should suffer a little like most of had to with this covid.
Time for the profiteering to be ceased and returned to a National service, same as Water.
Amazing how the telephone companies all conspired to increase prices (look at the directory enquiries farce, think it was 25p - this must be £3 now?). Its no ggod saying they provide a choice it is still a fake pricing agreed amonst a cartel of suppliers.

I find it weird that there's a CO2 shortage. It what we all breath out, so there should be tons of the stuff.
And it's a little creepy that the present supply is a bi product of fertiliser plants.

The government has reached a deal with the fertilizer production companies American owners. So the carbon dioxide production should restart.

(21-09-2021 15:17 )Charlemagne Wrote:  The government has reached a deal with the fertilizer production companies American owners. So the carbon dioxide production should restart.

The Government has crossed the company's hand with taxpayers silver.

Well played, that company