Gas and electric prices surge. We are even short of wind even though Andrew Neil is doing his bit

If you plan to buy either car or home insurance I wonder if you might look at my small price comparison site A Spokesman Said as we earn a little commission from each sale which helps fund the research and editorial costs of running the site. It has the same offer as the big ones like Go Compare. Thank you.
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The price of gas and electric will, I’m afraid, go off the dial over the next six months.

Already the regulator has given the go-ahead to a 14% rise but the ‘’experts’’ (and please save me from the experts) think it’s going to be a lot worse than that.

You do have to wonder at the grey matter behind some of these energy businesses. A few weeks back I receive an email from my supplier, EDF, telling me that they have worked out that my standing order will have to rise by 30% to cope with the price hikes.

I was astonished at the price hike and began contesting it. There followed literally dozens of calls and emails between me and EDF. I supplied loads of readings when asked. Always a pain.

Finally a rather nice lady called Monique clearly WFH – and probably the Loire Valley from the mobile reception -   came up wit a new set of numbers.

Rather than standing order going up by 30% it was going down by 25% and actually I had been paying far too much for months on end and they were sending me a £700 rebate. Incredible.

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It made me wonder if I didn’t have my consumer-facing price comparison site A Spokesman Said behind me would I have just agreed to the original demand for a change in debit.

Had I done so EDF would have piled up a load of money in their account and at some stage after a lot of shouting it would have come back to me. My bet is that process would have taken a year. Quite wrong.

Why I suggest you go a price comparison site is that there is, according to the Times at least, a perfect storm brewing in relation to energy price rises.

First of all there is a global shortage of gas as everybody wants the stuff as the pandemic retreats. Secondly the UK doesn’t have much storage. Thirdly, and you won’t believe this, there has been a lack of wind lately meaning the wind farms aren’t as productive. Clearly you hadn’t seen Andrew Neil on Question Time last night. He was full of the stuff.

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PS: So just to mention again but if you plan to buy either car or home insurance I wonder if you might look at my small price comparison site A Spokesman Said as we earn a little commission from each sale which helps fund the research and editorial costs of running the site. It has the same offer as the big ones like Go Compare. Thank you.