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Saturday, December 10, 2022

Millions of Britons will not be able to pay for electricity and gas in winter

No matter how much the combined gas and electricity bills in Catalonia rise this winter, they will never reach six hundred euros, on average, the British have been warned they will have to pay the energy companies every month, by virtue of By the laws of supply and demand, he earned billions last quarter.

The average annual income of a working person in the UK is €22,000, which means that energy costs will soon make up a third of what many people earn, not to mention those who find themselves out of work. Or they are dependent for health reasons. On state subsidies, which are not generous at all. A tragedy is approaching the country, Prime Minister Boris Johnson is missing in the final round of his term (he leaves power on 5 September), and candidates are handed over to his (Sage Sunak and Liz Truss) leadership campaign. Tory , Union leaders have compared the situation to a pandemic and are demanding a similar solution.

Johnson’s potential successor Liz Truss is against aid and in favor of letting the market take action

With 14.5 million Britons officially “poor” (half of them, despite having jobs, four million children and two million pensioners), it is clear that many will not be able to afford the bills, or between eating or freezing. Will have to choose (churches and community centers have already given shelter to those who need a warm place to spend the night). Despite the campaign of non-payment to gas and electricity companies (UK Don’t Pay) and threats of legal action to cancel direct debit payments at banks, ruin people’s credits, install and send prepaid meters first It has already exceeded one lakh signatures. To try to collect bailiffs.

Former Labor Prime Minister Gordon Brown has proposed a temporary nationalization of energy companies as a last resort, after imposing a cap on tariffs (as Macron has done in France), by helping users find additional energy suppliers. Demand (the country is heavily dependent on Russia and Norway) and increased gas storage capacity (the only facility was closed a few years ago to save).

The government has announced an aid of five hundred euros per family (one tenth of what each household would estimate) and double for those most in need. But Truss, the foreign secretary, who will likely be installed in Downing Street in a month, has denied nationalization on principle (he is a radical Thatchery), as well as an additional tax on energy benefits, and subsidies to households. opposed what he described as “charity”. They plan to cut the tax burden of 35,000 million euros and lift the moratorium fracking That is, let the market take action.

His rival for leadership, former economy minister Rishi Sunak, proposes suspending VAT and gas and electricity rates, and taking on the debt of those who cannot pay for the state. But for hundreds of millions of members of the middle class, it is a play susceptible to an electoral tax revolt, which was Thatcher’s grave.

The government has announced an aid of five hundred euros per family and twice as much for those most in need.

In a meeting with the executive directors of companies in the area (which Boris Johnson attended, to the surprise of everyone), the government warned them to spend their excess profits in the fall and winter to smooth out bills and invest in technology. Introduced in May, valid until December 2025, and which will collect 20,000 million euros, if they do not want an increase and extension of the extraordinary tax on their profits.

The Liberal Democrats are in with just one clear and brilliant proposal, which is to freeze prices at their current level of 40,000 million euros. But they have no chance to rule.

rule of market laws

Every six months the Energy Regulator (Offgame) gas and electricity companies operating in the UK set a maximum amount at a fixed rate taking into account elements such as supplies from their customers, fuel prices, operating and transport costs, applicable taxes . e.t.c. In April, the so-called price limit for average energy consumption was raised to 2,200 euros per year, but it is expected that in October – as a result of the war in Ukraine and other factors – it will rise to around 5,000 euros, and In winter there will be more than seven thousand. Other users pay a variable rate.

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