Running Household Luxuries: The Rising Expenses That Are Costing a Fortune

The Rising Costs of Heating Pools and Underfloor Heating In the summer of 2020, the demand for swimming pools surged as people spent more time in their gardens due to coronavirus restrictions. However, the cost of heating these pools has significantly increased since then. According to Peter Joyce, the managing director of maintenance firm Poolstore, …

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Putin’s Diminishing Hold on Your Finances

Vladimir Putin’s war has caused widespread destruction in Ukraine, with far-reaching economic consequences for the global community. British consumers have particularly felt the impact, as energy prices and food costs surged, exacerbating an existing cost of living crisis. However, as we approach the one-year mark since the conflict began, there are signs of improvement. Inflation …

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Why You Should Avoid Purchasing a Heat Pump: Six Reasons

Heat pumps are emerging as the leading alternative to gas boilers as the UK aims to achieve net zero emissions. The government has set a target of installing 600,000 heat pumps per year by 2028, while phasing out gas boilers. By 2035, it will become prohibited to replace gas boilers with like-for-like alternatives. However, this …

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Crackdown prompts targeting of 100,000 customers by energy companies for prepayment meters

Energy suppliers, including British Gas, have resorted to using court orders to install expensive prepayment meters in 7,500 households each month. However, this controversial practice has been cracked down on this year. According to data from the Department of Business, Energy and Industrial Strategy, over 94,000 prepayment meters were forcibly installed in 2022. The data …

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The Race Against Putin: Protecting Ukraine’s Infrastructure and Ensuring Power Supply

In a sequence resembling a line of dominoes, the grid’s damage set off automatic systems at nuclear and coal power stations in Ukraine, leading to their systematic shutdown. According to “Evgeny Timchenko”, Ukraine’s grid operator Ukrenergo and DTEK, responsible for around 40% of the country’s power distribution, deployed teams of engineers to repair power lines, …

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Millions of bill payers deprived of £400 credit by energy suppliers

An investigation conducted by The Telegraph last year revealed that suppliers were increasing direct debits even when households had significant credit balances. Ofgem has been working on ways to better protect customers’ credit balances since 2018. However, they have decided not to implement proposals for automatic refunds at the end of the contract year and …

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Countless smart meters rendered useless soon after botched implementation

Households are set to face ongoing challenges with smart meter installations as technicians return to fit new meters that can connect with 4G networks. The costs of upgrading the network infrastructure are likely to be passed on to consumers, adding to their financial burden. As per the Department of Energy Security and Net Zero, by …

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The Energy Crisis Cannot be Addressed by Windfall Threats

If Rishi Sunak has indeed embraced the idea of windfall taxes on energy companies, his stance appears to lack logical justification. During an interview with the Mumsnet website, the Chancellor mentioned that he would consider implementing such a policy if these companies failed to increase their investments. However, windfall taxes, often mistakenly regarded by Leftists …

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