A look at the cost of electricity - I wish I hadn't...

Like most people here, I am desperately hoping for a rebate at the end of my first year, but will not hold my breath for the following reason...

The new price cap starts on 1st April and expires on 30th September - six months later.

And when do we hope to get some of our money back? Right then, around the end of the summer.

I'm afraid I don't trust any company to do the decent thing and return much money, as Ofgem, (Government), will try every trick in the book to keep rates high!

I'm sorry to be such an awful drone, but with the gas markets in turmoil - especially with the Ukraine (forward purchasing issues etc.), our belts will need yet another hole a bit tighter to the last one we made.

Thank goodness we had a few high winds recently, as quite a few logs are still lying around...

I wouldn't be at all surprised at the increase, Andy, it's almost tax by stealth in my opinion (yeah, I know it's not quite the same thing), but the government could easily do more to control these disgraceful cost rises. My bet is on the fact that they'll fiddle around at the edges with a few quid here and there, and won't address the real elephant in the room.

money supermarket has an interesting article on this