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Wanderers Ways. Neil Thompson 1961-2021

The Cost Of Living Crisis


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13 minutes ago, mickbrown said:

And apparently they're not that heavily invested.

UK pensions funds own 0.2 % of Shell and BP.

I assumed it was more than that and closer to 1% or 2%

Anyway, as you say, they would/could just move them somewhere else, there just might be an initial hit - but if it is only 0.2%, then fuck it

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7 minutes ago, Sweep said:

I assumed it was more than that and closer to 1% or 2%

Anyway, as you say, they would/could just move them somewhere else, there just might be an initial hit - but if it is only 0.2%, then fuck it

So did I. But apparently not.

https://www.theguardian.com/business/2022/may/08/windfall-tax-on-oil-giants-wont-hurt-british-pensioners-thinktank-finds?CMP=Share_AndroidApp_Other

 

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With energy bills going up, I've looked at getting some solar panels - as I live in the south and have a south facing roof, then I thought it'd be worth investigating.

I'm currently being quoted £11K for 2.31kW of panels (I can't get anymore on my room because of the dormers apparently)  with a 6.5kW battery  -  bearing in mind I only use around 10kW per day (average over the year) then I reckon it would/could/should pay for itself in around 5 or 6 years, provided electricity prices don't all of a sudden take a massive reverse in pricing......

I'm tempted, but of course laying out £11K is something that needs to be considered

 

Anybody on here taken the plunge and gone for solar with battery storage or considering it?

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54 minutes ago, Casino said:

do you live on peasant st, peasantville

id rather die cold

that's one of my concerns as well, as I really don't like how they look

I'd not be remotely considering it if they were at the front of the house, but they'd be at the back. I could also reduce the number of panels and just stick them on one of the outbuildings, but then I've got to cable that back to the house, which would probably be a bit of a faff

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1 hour ago, Sweep said:

With energy bills going up, I've looked at getting some solar panels - as I live in the south and have a south facing roof, then I thought it'd be worth investigating.

I'm currently being quoted £11K for 2.31kW of panels (I can't get anymore on my room because of the dormers apparently)  with a 6.5kW battery  -  bearing in mind I only use around 10kW per day (average over the year) then I reckon it would/could/should pay for itself in around 5 or 6 years, provided electricity prices don't all of a sudden take a massive reverse in pricing......

I'm tempted, but of course laying out £11K is something that needs to be considered

 

Anybody on here taken the plunge and gone for solar with battery storage or considering it?

mate has it 

not the Battery bit 

think he paid £25k a few year ago but the gov pays him  

 about 45p a KW for the next 25 years  

think it works out between £300 and £600 every 3 months  he gets back

think the gov fucked up did it for 12 months then dropped it down to 25p per KW 

so was not worth doing after that 

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22 minutes ago, little whitt said:

mate has it 

not the Battery bit 

think he paid £25k a few year ago but the gov pays him  

 about 45p a KW for the next 25 years  

think it works out between £300 and £600 every 3 months  he gets back

think the gov fucked up did it for 12 months then dropped it down to 25p per KW 

so was not worth doing after that 

it's down to about 5p now - that's why battery storage is a good thing, as you keep everything you generate. It's just not worth selling it back to the grid now, you may as well keep it.

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2 hours ago, Sweep said:

With energy bills going up, I've looked at getting some solar panels - as I live in the south and have a south facing roof, then I thought it'd be worth investigating.

I'm currently being quoted £11K for 2.31kW of panels (I can't get anymore on my room because of the dormers apparently)  with a 6.5kW battery  -  bearing in mind I only use around 10kW per day (average over the year) then I reckon it would/could/should pay for itself in around 5 or 6 years, provided electricity prices don't all of a sudden take a massive reverse in pricing......

I'm tempted, but of course laying out £11K is something that needs to be considered

 

Anybody on here taken the plunge and gone for solar with battery storage or considering it?

 

I'd like to think you'd find a ways to harness the last dregs of energy from the SAD crowd in the winter months. If it existed.

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23 minutes ago, deane koontz said:

 

I'd like to think you'd find a ways to harness the last dregs of energy from the SAD crowd in the winter months. If it existed.

which it doesn't 😉

You'll be suggesting next that left handed people really exist

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On 16/08/2022 at 18:35, kent_white said:

B, br, bre, brex...... No I'm not saying it because I love you! 😁😉

Meanwhile the rest of the western world shoots ahead with minimal inflation.

C, Co, cov...

P, Pu, Put...

Q, qu, qua...

Keep an eye on the krauts too. They were bitching about Poland recently over coal use. Now they're back on it themselves.

It's a mess all over.

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6 hours ago, Sweep said:

it's down to about 5p now - that's why battery storage is a good thing, as you keep everything you generate. It's just not worth selling it back to the grid now, you may as well keep it.

You'd imagine that the energy companies would not be interested in buying it at a higher price now- maybe cheaper than their current generation methods.

I've thought about solar- especially ground based ones- you're not restricted by load bearing capacity of the roof and installation costs are lower.

Also thinking about a small wind turbine down the garden.

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36 minutes ago, Tonge moor green jacket said:

Meanwhile the rest of the western world shoots ahead with minimal inflation.

C, Co, cov...

P, Pu, Put...

Q, qu, qua...

Keep an eye on the krauts too. They were bitching about Poland recently over coal use. Now they're back on it themselves.

It's a mess all over.

Which accounts for a lot of it. But not why we're doing worse than the EU. 

What's qua by the way? Have I got something else to be worried about? 😁

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8 hours ago, Sweep said:

With energy bills going up, I've looked at getting some solar panels - as I live in the south and have a south facing roof, then I thought it'd be worth investigating.

I'm currently being quoted £11K for 2.31kW of panels (I can't get anymore on my room because of the dormers apparently)  with a 6.5kW battery  -  bearing in mind I only use around 10kW per day (average over the year) then I reckon it would/could/should pay for itself in around 5 or 6 years, provided electricity prices don't all of a sudden take a massive reverse in pricing......

I'm tempted, but of course laying out £11K is something that needs to be considered

 

Anybody on here taken the plunge and gone for solar with battery storage or considering it?

£11k is small change for one of the £250k a year inner circle.

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6 minutes ago, kent_white said:

Which accounts for a lot of it. But not why we're doing worse than the EU. 

What's qua by the way? Have I got something else to be worried about? 😁

As I said elsewhere, we weren't doing worse until recently- so does that mean everyone should have left the eu as they were worse?

Quantitative easing. Been a fly in the ointment for years, and was always going to cause a problem at some point. Perhaps it would have been manageable, but the war has catalysed its effect.

https://www.ft.com/content/6956ac78-1066-4312-a636-08fa4bf7683e

In depth article, but essentially we've been building up to inflationary problems.

We're not the only nation to have done it though; a go to solution after 2008.

 

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6 hours ago, Tonge moor green jacket said:

As I said elsewhere, we weren't doing worse until recently- so does that mean everyone should have left the eu as they were worse?

Quantitative easing. Been a fly in the ointment for years, and was always going to cause a problem at some point. Perhaps it would have been manageable, but the war has catalysed its effect.

https://www.ft.com/content/6956ac78-1066-4312-a636-08fa4bf7683e

In depth article, but essentially we've been building up to inflationary problems.

We're not the only nation to have done it though; a go to solution after 2008.

 

I take your point - but surely some of the inflationary pressure must have come from leaving the EU? Anyway - I'm going to try and get.back to sleep now. Bloody insomnia! 

https://www.piie.com/research/piie-charts/brexit-driving-inflation-higher-uk-its-european-peers-after-identical-supply

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Just caught a snippet of a headline on the news saying families will have to make a choice of skipping meals or putting the heating on this winter.

Sorry, not having that for 99% of families.  A family can eat for a cost of almost fuck all.  It just means actually using pans and stuff.

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7 hours ago, kent_white said:

I take your point - but surely some of the inflationary pressure must have come from leaving the EU? Anyway - I'm going to try and get.back to sleep now. Bloody insomnia! 

https://www.piie.com/research/piie-charts/brexit-driving-inflation-higher-uk-its-european-peers-after-identical-supply

An interesting article, but as someone who has spoken about confirmation bias, you'll know all about it.

Someone else could quite easily write an article with a different set of stats, facts etc and come up with a different angle. 

It's certainly the case that as yet, brexit benefits are hidden the big issues of the day, and that the initial bumps in the road that we knew would come along have been felt, so things aren't great at the moment. 

The world's biggest windfall is in the process of opening (Hornsea 2) which is an indicator of the continued pursuit of an energy policy that is expensive at the moment (green levies) but should see us better off in the long run.

We've heard a lot about potentially dropping them for a while, to reduce bills. If this happened it would reduce inflationary pressures. 

If that happened and the figures dropped, would folk then be saying brexit is causing problems? Despite the fact that the policy has been pursued by successive governments and isn't anything to do with leaving the EU.

It is interesting that the article fails to mention any of that and the problems that Germany has are anticipated to get significantly worse very soon. The rest is genral language with no specifics. I wonder if they'll come back with another article if the issues there do indeed worsen or last longer than elsewhere?

I doubt it.

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3 hours ago, DazBob said:

Just caught a snippet of a headline on the news saying families will have to make a choice of skipping meals or putting the heating on this winter.

Sorry, not having that for 99% of families.  A family can eat for a cost of almost fuck all.  It just means actually using pans and stuff.

its like poor kids going hungry in the school holidays 

the little cunts have new iPhones 

mum and (anyone of there dads) big new Tvs on the wall 

this £1200 they will get towards the heating cost 

That's on Cigs Ale and Bing 

it will never make it too the meter 

all the Doom and Gloom on the News at the Min Even got me Panicing 

Back to GERMANY to keep warm and Eat 3 meals a day 

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