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News and Comment July 2023

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23 July (Part 1) - MilliMayMadness

Octopus bill Telegraph Editorial I am inclined to think that some of the country’s current problems have their roots in the Thatcher era but far more can be traced back to Tony Blair; followed by Cameron who thought he was his Heir to Blair and Teresa May whose personal mission was to wreak havoc by first thwarting a referendum and then making the Blair era Net Zero a legally binding commitment.

Whoever you blame for setting the course that has led to the present disastrous situation there can be no doubt whatsoever that the Conservatives have twiddled their thumbs Nero-like for 13 years and let it all happen.

Far too late in the day they may have realised that the Net Zero business created by Ed Milliband is one of many things that is killing their poll chances and there is pressure from within to maybe think it out again.

Forcing electric cars on everyone, banning gas boilers and relying too much on wind turbines and solar panels is the sheerest nonsense, especially with all the green taxes needed to pay the subsidies to investors.

Having invested a little in the past, I am a beneficiary. Nice at the personal level but it is impoverishing the average Joe.

In the month to 8th May my electricity bill was £21·10. In June it was £25·14 and in July £12·96, all including the standing charge. With 4kw of solar panels, a sunny June helped keep the July bill especially low and the panels, though three times the price in 2011 compared to now, paid for themselves long ago. It’s all profit at someone else’s expense.

The nonsense arises because of Mr. Milliband’s generous, inflation linked and guaranteed for 25 years, subsidy. (Feed in Tariff.) The bacon sandwich eater caused £905·51 to be deposited into my bank account three days ago for those same three months. Free electricity and £840 in the bank paid for by people who cannot afford it. A crazy form of socialism by a crazed politician. Imagine that on tens of thousands of roofs across the country but it pales into insignificance compared to the subsidies available to wind turbine owners.

Note: Octopus Energy has never been able to explain why they recommend a monthly payment of £172 which is approximately double my normal winter bill. I reduced it to £120 in June and taken it down to £50 for July.

 

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