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Under the proposals, suppliers who win customers with cheaper deals would have to pay the old supplier 85% of the difference in tariffs. The regulator argues that it would protect companies from being destabilised but Lewis said it would deter competition.
first they have to come up with a story to show they are not taking up a labour idea!
In 2008 approximately 21% of UK homes had adequate loft insulation.In 2020 that figure had risen to 39%. The cost to retrofit a typical family home to net zero standard is estimated at about £26,000. This is based on an analysis of work by the Climate Change Committee – a body of experts that advises the UK government. Multiply those 26 million homes by £26,000 and the overall price tag is £676 billion.
Interesting numbers there from Hound. They really make the point.The Labour Govt made a big move towards encouraging insulation from 2007. That was hard wired in for the first few months of the Tory Govt. Between 2008 and 2012, the numbers if houses with adequate loft insulation rose from 21% to 34%. Then, under Austerity, the Tories cut the funding. Over the next 8 years, the rate of increase collapsed, so that it only hit 39% by 2020..This is a regular con by the Tories. Choose the start date so they get credit for policies they opposed and then cut. It's obviously working on Hound.If we'd carried on at the 2008-12 rate, there'd now be 85% of homes with adequate loft insulation. Yes it would have cost a lot. But it would also have put people to work during the worst decade of economic growth in 200 years. And we'd be in a far better position now, with the majority of homes using less energy on heating day in, day out.
Quote from: BillyStubbsTears on May 18, 2022, 11:40:52 pmInteresting numbers there from Hound. They really make the point.The Labour Govt made a big move towards encouraging insulation from 2007. That was hard wired in for the first few months of the Tory Govt. Between 2008 and 2012, the numbers if houses with adequate loft insulation rose from 21% to 34%. Then, under Austerity, the Tories cut the funding. Over the next 8 years, the rate of increase collapsed, so that it only hit 39% by 2020..This is a regular con by the Tories. Choose the start date so they get credit for policies they opposed and then cut. It's obviously working on Hound.If we'd carried on at the 2008-12 rate, there'd now be 85% of homes with adequate loft insulation. Yes it would have cost a lot. But it would also have put people to work during the worst decade of economic growth in 200 years. And we'd be in a far better position now, with the majority of homes using less energy on heating day in, day out.Another cheap shot at me in that post by bst who has the nerve to call other posters out for doing the same thing. Hypocrite.
the issue is the need for a price cap.Allowing prices to rise (now on a more frequent basis) amplifies fuel poverty as a part of the cost of living increase.Taking a percentage of excess profit back (via a windfall tax for example) is better than nothing if that money is directed to those in need, but it normalises rising cost of energy in the wider economy.This is undesirable, and does not change the way the energy economy operates.The creation of profit to shareholders, and the inflation of stock equity to boost dividends, remains the goal of the sector.I heard Truss on R4 saying that the energy problem was a failure to renew nuclear at an earlier date.This is complete nonsense, as the unit cost of nuclear to consumers is way above the cost of renewable generation.Anyone arguing for a windfall tax does not understand how the energy economy works, and what the relationship is between that business model and the relief of fuel poverty. I have yet to hear anyone joining the dots to connect such a tax with a price cap.......until they do, they should be regarded with some skepticism.
Quote from: drfchound on May 18, 2022, 11:49:59 pmQuote from: BillyStubbsTears on May 18, 2022, 11:40:52 pmInteresting numbers there from Hound. They really make the point.The Labour Govt made a big move towards encouraging insulation from 2007. That was hard wired in for the first few months of the Tory Govt. Between 2008 and 2012, the numbers if houses with adequate loft insulation rose from 21% to 34%. Then, under Austerity, the Tories cut the funding. Over the next 8 years, the rate of increase collapsed, so that it only hit 39% by 2020..This is a regular con by the Tories. Choose the start date so they get credit for policies they opposed and then cut. It's obviously working on Hound.If we'd carried on at the 2008-12 rate, there'd now be 85% of homes with adequate loft insulation. Yes it would have cost a lot. But it would also have put people to work during the worst decade of economic growth in 200 years. And we'd be in a far better position now, with the majority of homes using less energy on heating day in, day out.Another cheap shot at me in that post by bst who has the nerve to call other posters out for doing the same thing. Hypocrite.From the master of cheap shots lol!
Quote from: Filo on May 19, 2022, 08:14:32 amQuote from: drfchound on May 18, 2022, 11:49:59 pmQuote from: BillyStubbsTears on May 18, 2022, 11:40:52 pmInteresting numbers there from Hound. They really make the point.The Labour Govt made a big move towards encouraging insulation from 2007. That was hard wired in for the first few months of the Tory Govt. Between 2008 and 2012, the numbers if houses with adequate loft insulation rose from 21% to 34%. Then, under Austerity, the Tories cut the funding. Over the next 8 years, the rate of increase collapsed, so that it only hit 39% by 2020..This is a regular con by the Tories. Choose the start date so they get credit for policies they opposed and then cut. It's obviously working on Hound.If we'd carried on at the 2008-12 rate, there'd now be 85% of homes with adequate loft insulation. Yes it would have cost a lot. But it would also have put people to work during the worst decade of economic growth in 200 years. And we'd be in a far better position now, with the majority of homes using less energy on heating day in, day out.Another cheap shot at me in that post by bst who has the nerve to call other posters out for doing the same thing. Hypocrite.From the master of cheap shots lol!It wasn't a cheap shot. It was an evidence based observation. Hound has somewhere picked up information which superficially implies that the Tories have done a fine job, when the truth is very different. It's not a cheap shot to point out that he seems to have been misled by that.