Energy thread
Comments
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The busier a pub is the less it will need to use heating so the best bet is to sell really cheap beer so that you get the crowds, wait for those around you to close and then up the prices to get the balance of a crowded pub and maximum income.kingstongraham said:
People should wear a jumper when they go to the pub.Jezyboy said:
Apparently 7 out of 10 pubs predicted to shut due to the costs of energy. So it should be easy to avoid buying that pint.kingstongraham said:
Or a pint of real ale, for balance.surrey_commuter said:I know I will get shot down but bear with me. In one of the many "how to cut your bills" features was the suggestion that defrosting things in your fridge can save up to £9 a year.
It struck me that people are being too narrow minded in their cost cutting endeavours and that there is much lower fruit to be picked.
If each household cut one artisan crushed avocado macchiato a week they would save £200 which far outweighs most energy saving tips.
This is not aimed at the genuine poor but the people of this parish discussing new clothing and tweaking the thermostat0 -
FFS. Stop being a patronising tw*t. I know you think your "World View" is the only one that can possibly be correct, but this is simply the arrogance of youth rather than anything to do with any unique brilliance that you think you have. Eventually you will grow up and learn to appreciate your own fallibility and be much wiser as a result.rick_chasey said:If you think £500 a year is making the difference, you're not really looking at the bigger picture
And £80-£100 a month is just a little more than £500 a year, particularly if you factor in tax relief on contributions.
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This is enormously patronising for someone who seems so upset that someone is patronising them.wallace_and_gromit said:
FFS. Stop being a patronising tw*t. I know you think your "World View" is the only one that can possibly be correct, but this is simply the arrogance of youth rather than anything to do with any unique brilliance that you think you have. Eventually you will grow up and learn to appreciate your own fallibility and be much wiser as a result.rick_chasey said:If you think £500 a year is making the difference, you're not really looking at the bigger picture
And £80-£100 a month is just a little more than £500 a year, particularly if you factor in tax relief on contributions.- Genesis Croix de Fer
- Dolan Tuono0 -
https://www.bbc.co.uk/news/business-62791113Mr Kwarteng - tipped to be named chancellor if Ms Truss wins - suggested he would look at the UK's rules on government borrowing and spending - called fiscal rules - to see if they still work for the economy.
The Treasury is allowed to suspend its fiscal rules in the event of a "significant negative shock to the UK economy".
However, Mr Kwarteng sought to reassure markets that the UK had space to borrow more and that it would be done in a "fiscally responsible way".
That's fine then.- Genesis Croix de Fer
- Dolan Tuono0 -
It's going to be a bit of a laugh if Sunak ends up winning. In terms of egg on face.0
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They spend on coffee during the working week then on booze, weed and late night takeaway at the weekend so no saving at all. Oftentimes eating crap foodrick_chasey said:Tbh I’m trying to
The amount younger people spend on coffee is about the same as they save on booze.wallace_and_gromit said:
Off-topic, but even as long ago as the late 90s / early 00s, the "Starbucks Pension" was a concept. It described the situation whereby the younger members of the workforce were forgoing a decent personal pension fund when they eventually retired by diverting circa £80-£100 a month to Starbucks etc. for overpriced coffees.rick_chasey said:TBF I cut out all coffee out since I became the sole earner and this year I now take a packed lunch whenever I am in the office.
AFAIK, Starbucks etc. have continued to prosper, with criticising people who spend their money there and then claim to be skint falling out of fashion.
I guess the argument could be that by choosing a healthier option they need to save more as they'll live longer.
It is often coffee during the working week and booze, weed and late night takeaway at the weekend.rick_chasey said:
The amount younger people spend on coffee is about the same as they save on booze.wallace_and_gromit said:
Off-topic, but even as long ago as the late 90s / early 00s, the "Starbucks Pension" was a concept. It described the situation whereby the younger members of the workforce were forgoing a decent personal pension fund when they eventually retired by diverting circa £80-£100 a month to Starbucks etc. for overpriced coffees.rick_chasey said:TBF I cut out all coffee out since I became the sole earner and this year I now take a packed lunch whenever I am in the office.
AFAIK, Starbucks etc. have continued to prosper, with criticising people who spend their money there and then claim to be skint falling out of fashion.
I guess the argument could be that by choosing a healthier option they need to save more as they'll live longer.
it's all irrelevant in the grand scheme however.
If you think £500 a year is making the difference, you're not really looking at the bigger picture0 -
It's going to be declared a draw, so that the Tories can carry on not governing and therefore not having to give a damn.focuszing723 said:It's going to be a bit of a laugh if Sunak ends up winning. In terms of egg on face.
"Science is a tool for cheaters". An anonymous French PE teacher.0 -
That sounds like all the benefit claimants with their sky and flat screen tvs.0
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I am sure those fiscal rules under Brown/Blair were to not run a deficit each year, then it became over the lifetime of the Parliament and we seemed to whizz through the % must be lower than growth. For some strange reason the importance of debt servicing costs seems to no longer be the preferred measure.pangolin said:https://www.bbc.co.uk/news/business-62791113
Mr Kwarteng - tipped to be named chancellor if Ms Truss wins - suggested he would look at the UK's rules on government borrowing and spending - called fiscal rules - to see if they still work for the economy.
The Treasury is allowed to suspend its fiscal rules in the event of a "significant negative shock to the UK economy".
However, Mr Kwarteng sought to reassure markets that the UK had space to borrow more and that it would be done in a "fiscally responsible way".
That's fine then.
Can @rick_chasey or @TheBigBean explain why they care about the debt markets and don't just go back to buying their on debt?0 -
I was cutting you some slack with the numbers.wallace_and_gromit said:
FFS. Stop being a patronising tw*t. I know you think your "World View" is the only one that can possibly be correct, but this is simply the arrogance of youth rather than anything to do with any unique brilliance that you think you have. Eventually you will grow up and learn to appreciate your own fallibility and be much wiser as a result.rick_chasey said:If you think £500 a year is making the difference, you're not really looking at the bigger picture
And £80-£100 a month is just a little more than £500 a year, particularly if you factor in tax relief on contributions.
if you're buying coffee out 5 times a week, every week, no breaks, no holidays, 52 weeks a year and you're spending a grand a year on it, you're buying awfully expensive coffee0 -
It is interesting all this and I bet the Warren Buffet types jump on it. It's real world evidence of how multinationals will be impacted.rick_chasey said:
I was cutting you some slack with the numbers.wallace_and_gromit said:
FFS. Stop being a patronising tw*t. I know you think your "World View" is the only one that can possibly be correct, but this is simply the arrogance of youth rather than anything to do with any unique brilliance that you think you have. Eventually you will grow up and learn to appreciate your own fallibility and be much wiser as a result.rick_chasey said:If you think £500 a year is making the difference, you're not really looking at the bigger picture
And £80-£100 a month is just a little more than £500 a year, particularly if you factor in tax relief on contributions.
if you're buying coffee out 5 times a week, every week, no breaks, no holidays, 52 weeks a year and you're spending a grand a year on it, you're buying awfully expensive coffee0 -
Will Costa etc survive when everybody starts seriously cutting back?
This is still summer weather and the October rates are still to land, obviously.The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
Well, and then there is the extra energy costs. I know it's a capital society and everything, but akin to Covid, it is disgusting we know there will be some companies making a bloody killing during this.pblakeney said:Will Costa etc survive when everybody starts seriously cutting back?
This is still summer weather and the October rates are still to land, obviously.
It's hardly "we're all in this together" in a united effort. It's more who can run faster than the next man being chased by a Lion.
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CBA to do any checking if discussed already, but curious just what impact the whole energy cost issue will have on things like....
- Social media and "free" internet pages, such as Facebook and even BikeRadar here for example. Can't be cheap to run the hardware for these sites, wherever they're hosted? Subscription model coming soon to a web page near you perhaps.
- Cryptocurrency. Famous for chewing vast amounts of power. Does it mean the value rockets as no more mining is affordable, or plummets?
- Amateur and club sports. So many of them rely on after work training and even competition, frequently under lights outdoors, but even indoor lighting costs (and air conditioning/heating) have to be significantly affected. Will that just all stop, either by decree from the Gov to save resource, or simply because nobody can afford it any longer? Unintended consequence - health impact (physical and mental) will be significant.
Open One+ BMC TE29 Seven 622SL On One Scandal Cervelo RS0 -
I don't drink coffee or tea at all (I can't stand the taste) and I am not sitting on an extra grand per annum in my pension / savings. It goes on some other cr@p I don't need (not entirely sure what).
Edit : I actually pay it into my children's ISA, if you want to count it like that, although about to amend to a pension contribution.
Amazing statistic - if you pay £80 per month into a pension from birth to retirement (plus gov't top up of £20), at 7% compound growth you'd have £1m at 55.
Vs my position now where it needs to be £1000, although at 5%. Sob0 -
wallace_and_gromit said:
FFS. Stop being a patronising tw*t. I know you think your "World View" is the only one that can possibly be correct, but this is simply the arrogance of youth rather than anything to do with any unique brilliance that you think you have. Eventually you will grow up and learn to appreciate your own fallibility and be much wiser as a result.rick_chasey said:If you think £500 a year is making the difference, you're not really looking at the bigger picture
And £80-£100 a month is just a little more than £500 a year, particularly if you factor in tax relief on contributions.
W&G says what quite a few people think..."I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
If you don't specifically do something with it then it will simply get swallowed up.shirley_basso said:I don't drink coffee or tea at all (I can't stand the taste) and I am not sitting on an extra grand per annum in my pension / savings. It goes on some other cr@p I don't need (not entirely sure what).
Edit : I actually pay it into my children's ISA, if you want to count it like that.
Good excuse to repost this though. 😉
Woman: Do you drink beer?
Man: Yes
Woman: How many beers a day?
Man: Usually about 3
Woman: How much do you pay per beer?
Man: $5.00, including tip
Woman: And how long have you been drinking?
Man: About 20 years, I suppose.
Woman: So a beer costs $5 and you have 3 beers a day, which puts your spending each month at $450, or $5400 annually. Not accounting for inflation, you have spent $108,000 in the last 20 years! That money could 've been put into an investment account and, after accounting for compound interest for the past 20 years, you would now have enough money to buy a Ferrari.
Man: Do you drink beer?
Woman: No
Man: Where’s your Ferrari?The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.1 -
Swimming pools and spas must be most likely to go down the tubes.Wheelspinner said:CBA to do any checking if discussed already, but curious just what impact the whole energy cost issue will have on things like....
The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
That's the joke I was thinking when I wrote that I didn't spend it on anything useful.pblakeney said:
If you don't specifically do something with it then it will simply get swallowed up.shirley_basso said:I don't drink coffee or tea at all (I can't stand the taste) and I am not sitting on an extra grand per annum in my pension / savings. It goes on some other cr@p I don't need (not entirely sure what).
Edit : I actually pay it into my children's ISA, if you want to count it like that.
Good excuse to repost this though. 😉
Woman: Do you drink beer?
Man: Yes
Woman: How many beers a day?
Man: Usually about 3
Woman: How much do you pay per beer?
Man: $5.00, including tip
Woman: And how long have you been drinking?
Man: About 20 years, I suppose.
Woman: So a beer costs $5 and you have 3 beers a day, which puts your spending each month at $450, or $5400 annually. Not accounting for inflation, you have spent $108,000 in the last 20 years! That money could 've been put into an investment account and, after accounting for compound interest for the past 20 years, you would now have enough money to buy a Ferrari.
Man: Do you drink beer?
Woman: No
Man: Where’s your Ferrari?
I also buy a small amount of wine each month.
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You must know that most employers already automatically sign up their staff to a pension anyway.wallace_and_gromit said:
FFS. Stop being a patronising tw*t. I know you think your "World View" is the only one that can possibly be correct, but this is simply the arrogance of youth rather than anything to do with any unique brilliance that you think you have. Eventually you will grow up and learn to appreciate your own fallibility and be much wiser as a result.rick_chasey said:If you think £500 a year is making the difference, you're not really looking at the bigger picture
And £80-£100 a month is just a little more than £500 a year, particularly if you factor in tax relief on contributions.1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
Surely he's spent $108,000 after accounting for inflation.0
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You are over thinking this...kingstongraham said:Surely he's spent $108,000 after accounting for inflation.
The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
All that stuff. Gyms with treadmills/spin/step class machinery? Zwift? e-Sports in general.pblakeney said:
Swimming pools and spas must be most likely to go down the tubes.Wheelspinner said:CBA to do any checking if discussed already, but curious just what impact the whole energy cost issue will have on things like....
Open One+ BMC TE29 Seven 622SL On One Scandal Cervelo RS0 -
She doesn't know what she's talking about. Probably spent it on glasses of white wine.pblakeney said:
You are over thinking this...kingstongraham said:Surely he's spent $108,000 after accounting for inflation.
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I'd go the reverse. Hook them all up to generators. 😉Wheelspinner said:
All that stuff. Gyms with treadmills/spin/step class machinery? Zwift? e-Sports in general.pblakeney said:
Swimming pools and spas must be most likely to go down the tubes.Wheelspinner said:CBA to do any checking if discussed already, but curious just what impact the whole energy cost issue will have on things like....
The above may be fact, or fiction, I may be serious, I may be jesting.
I am not sure. You have no chance.Veronese68 wrote:PB is the most sensible person on here.0 -
How many cases?shirley_basso said:pblakeney said:
If you don't specifically do something with it then it will simply get swallowed up.shirley_basso said:I don't drink coffee or tea at all (I can't stand the taste) and I am not sitting on an extra grand per annum in my pension / savings. It goes on some other cr@p I don't need (not entirely sure what).
Edit : I actually pay it into my children's ISA, if you want to count it like that.
Good excuse to repost this though. 😉
Woman: Do you drink beer?
Man: Yes
Woman: How many beers a day?
Man: Usually about 3
Woman: How much do you pay per beer?
Man: $5.00, including tip
Woman: And how long have you been drinking?
Man: About 20 years, I suppose.
Woman: So a beer costs $5 and you have 3 beers a day, which puts your spending each month at $450, or $5400 annually. Not accounting for inflation, you have spent $108,000 in the last 20 years! That money could 've been put into an investment account and, after accounting for compound interest for the past 20 years, you would now have enough money to buy a Ferrari.
Man: Do you drink beer?
Woman: No
Man: Where’s your Ferrari?
I also buy a small amount of wine each month."Science is a tool for cheaters". An anonymous French PE teacher.0 -
Two multi millionaires offering depressing prizes to someone who has paid £1 a minute to be on a TV show. Yay.0
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Just a case of 6 or so. Depends what's available. Sometimes I splash out if something good and inexpensive comes up.0
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I know you're joking but I think gyms have looked at going down that route. It probably isn't efficient with things like treadmills that require power to use but with a spin bike there must be a fair amount of energy going to waste. 30 people in a class pumping out 150 watts each over an hour and 4 classes a day, it's not going to save the world but may as well use it (obviously comes with a cost for the equipment to allow it to connect to the system etc.).pblakeney said:
I'd go the reverse. Hook them all up to generators. 😉Wheelspinner said:
All that stuff. Gyms with treadmills/spin/step class machinery? Zwift? e-Sports in general.pblakeney said:
Swimming pools and spas must be most likely to go down the tubes.Wheelspinner said:CBA to do any checking if discussed already, but curious just what impact the whole energy cost issue will have on things like....
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