Bord Gais price rise

DailyBlaa

http://www.rte.ie/news/2012/0904/8-5-increase-in-bord-gais-gas-prices-approved.html

Bord Gais got approval for 8.5% price rise effective from October.

An early Christmas present. Once that is out of the way we have the fun budget to look forward to. This will indeed be a winter of discontent.

NIMAN

Only mentions gas.

I am an BG electricity customer. Same for me?

DailyBlaa

No news yet for electricity prices but being that we use gas turbines for generation it is not out of the question that we could see a rise in those prices further down the line.

zefer

This is a joke, they only got a 22% increase last year.

The bit I think is even more sickening is that they applied for a 7.54% increase but the commission decided to give them 8.5%

Their costs have increased blah blah, makes me sick

0ph0rce0

Same time every year, theres always a hike once the winter is coming

Brussels Sprout

Are Bord Gais workers as overpaid as ESB workers?

bassey

Which ESB workers are overpaid?

Dannyboy83

bassey wrote: »

Which ESB workers are overpaid?

Ask Brendan Ogle

http://www.independent.ie/national-news/esbs-75500-staff-spoilt-admits-union-chief-2859455.html
THE most senior union official at state-owned ESB has been caught on camera admitting the workers he represents are "spoilt".

Brendan Ogle, secretary of the group of unions representing more than 7,000 workers at the energy provider, said the staff had got used to "gravy" being poured from above.

Workers at ESB enjoy average salaries of €75,500 a year, which are worth €94,300 when generous pension contributions are included.

DailyBlaa

As usually treads here get derailed from gas price rises to public service bashing. There are far more external factors to the rises than salaries and as such there are the topics for discussion. We are very limited with out import policies being on the periphery of Europe. This factor with our own lack of state funded exploration of natural resources has led us to this stage.

Dannyboy83

DailyBlaa wrote: »

As usually treads here get derailed from gas price rises to public service bashing. There are far more external factors to the rises than salaries and as such there are the topics for discussion. We are very limited with out import policies being on the periphery of Europe. This factor with our own lack of state funded exploration of natural resources has led us to this stage.

The problem with external factors is that they are are usually external to our control.
State funded exploration of natural resources is too expensive and is a long term project anyway.

Count Dooku

DailyBlaa wrote: »

As usually treads here get derailed from gas price rises to public service bashing. There are far more external factors to the rises than salaries and as such there are the topics for discussion.

Which factors?

Footy101

Lads/Ladies, no more interested in getting into all that nonsense. More interested in the cost of my bills over the Christmas period. I'm thinking about changing from B. Gais to another gas and electricity supplier. Any suggestions? Was thinking about Electric Ireland (living in Dublin)

KindOfIrish

Footy101 wrote: »

Lads/Ladies, no more interested in getting into all that nonsense. More interested in the cost of my bills over the Christmas period. I'm thinking about changing from B. Gais to another gas and electricity supplier. Any suggestions? Was thinking about Electric Ireland (living in Dublin)

There is no real competition on the energy market. All companies offer about the same prices. If one of them is giving you lower price, be sure they will inrease it in few weeks time.

Footy101

KindOfIrish wrote: »

There is no real competition on the energy market. All companies offer about the same prices. If one of them is giving you lower price, be sure they will inrease it in few weeks time.

Good craic. Love paying bills :-(

Cerco

The Energy Regulator should be replaced by a rubber stamp. No need for highly paid group here just set up an automatic increase on a regular basis and implement.

Tea drinker

@count dooku, allegedly it's a currency flux, which to me sounds transitory. Also should be reflected throughout Eurozone as we typically get gas from Russia?

leeomurchu

Someone called to our door not to long ago can't remember the company now(typical) telling me they're cheaper than bordgais. I think it might have been flo gas??

I'll be changing anyway that's a joke we've both gas and elec with them.

So long Bord Gais

Icepick

Why didn't the regulator tell them to lower costs instead, starting with the ridiculous salaries?

delop

You know those chairs they bought (http://www.broadsheet.ie/2011/08/30/this-will-make-you-very-upset/) those dont pay for themselves ....

Not to mind that fancy building they moved into

SPDUB

Cerco wrote: »

The Energy Regulator should be replaced by a rubber stamp. No need for highly paid group here just set up an automatic increase on a regular basis and implement.

It's even worse than a rubber stamp.

At least that would only give them the increase they actually applied for .

To give them more without them even asking for a further increase shows the Regulator has been captured by the industry

Idbatterim

http://www.independent.ie/national-news/workers-seek-pay-for-3km-move-2857157.html

Unions have made a claim for compensation for additional travel time. The talks are ongoing.

so are those who now travel less, offering to give up some pay?

2moreMinutes

Maybe theres an obvious answer that I cant figure out but should our energy costs not be reducing due to the huge amount of windmills now dotted all over the country compared to a few years ago?

I dont believe that energy costs have reduced over the last number of years since the popularity of these windmills increased but of course I may be wrong.

delop

delop wrote: »

You know those chairs they bought (http://www.broadsheet.ie/2011/08/30/this-will-make-you-very-upset/) those dont pay for themselves ....

Not to mind that fancy building they moved into

That is sickening.

DailyBlaa

2moreMinutes wrote: »

Maybe theres an obvious answer that I cant figure out but should our energy costs not be reducing due to the huge amount of windmills now dotted all over the country compared to a few years ago?

I dont believe that energy costs have reduced over the last number of years since the popularity of these windmills increased but of course I may be wrong.

More likely our costs will go up due to these, wind is between 10-30% more expensive per megawatt/hour compared to gas turbine. And if you figure in off-shore wind that comparison goes out the window.

Heroditas

Footy101 wrote: »

Lads/Ladies, no more interested in getting into all that nonsense. More interested in the cost of my bills over the Christmas period. I'm thinking about changing from B. Gais to another gas and electricity supplier. Any suggestions? Was thinking about Electric Ireland (living in Dublin)

Flogas are currently the cheapest for natural gas IIRC.
Bonkers.ie is an excellent website for all those price comparisons for gas, electricity and phone/broadband.

Heroditas

2moreMinutes wrote: »

Maybe theres an obvious answer that I cant figure out but should our energy costs not be reducing due to the huge amount of windmills now dotted all over the country compared to a few years ago?

I dont believe that energy costs have reduced over the last number of years since the popularity of these windmills increased but of course I may be wrong.

Wholesale electricity prices are completely dependent on gas prices here because 60% of our electricity is generated using gas.

However that is a separate issue to domestic gas prices an gas for SME businesses.

Solair

Is it possible that ESB and BGE are getting lousy deals on natural gas imports due to the state's bad credit rating at present?

I know Greece suffered energy and other import issues due to this.

i.e. are we paying higher than market prices because some oil / gas oligopolist thinks we're a dodgy credit risk or has some automatic formula that kicks in designed to protect them but that actually cripples already crippled economies even more...

Is there any information available on what BGE and ESB are actually paying for gas imports?

This kind of hiking is rather worrying to say the least as it's an absolutely enormous burden on the economy equivalent to a very serious tax hike.

A fella called fish

Just changed over to flo gas.

If enough people leave bord gais it will at least show them that we're not taking this crap anymore. Who is still with them? Leave, it wont cost you anything and takes 5 minutes over the phone.

Head The Wall

delop wrote: »

You know those chairs they bought (http://www.broadsheet.ie/2011/08/30/this-will-make-you-very-upset/) those dont pay for themselves ....

Not to mind that fancy building they moved into

They have just bought 8,500 of those chairs where I am working at the moment and they cost £870 each. They are wicked comfy though.

Nody

A fella called fish wrote: »

Just changed over to flo gas.

If enough people leave bord gais it will at least show them that we're not taking this crap anymore. Who is still with them? Leave, it wont cost you anything and takes 5 minutes over the phone.

You are aware that the if Flo ever reached BGs level BG would be allowed to undercut them right? That Flo et al only have a business because of BGs minimum price has been set to be artificially higher then the competitors (who in general resell BG gas).

All you're doing is getting a slightly cheaper price but once enough switch BG can set their own prices with out regulation as they are no longer considered to big; want to guess what direction the prices will go then (and since most resell BG gas in the first place...)?

Tabnabs

Interesting to see that our Northern brethren are getting a reduction in electricity due to an "easing" in gas and coal prices

http://www.bbc.co.uk/news/uk-northern-ireland-19343459

Ardent

Tabnabs wrote: »

Interesting to see that our Northern brethren are getting a reduction in electricity due to an "easing" in gas and coal prices

http://www.bbc.co.uk/news/uk-northern-ireland-19343459

Irish regulator is justifying the price hike by blaming a larger than expected decrease in value of euro against sterling.

Tabnabs

Ardent wrote: »

Irish regulator is justifying the price hike by blaming a larger than expected decrease in value of euro against sterling.

You'd think the two would largely cancel each other out then...

ardmacha

You'd think the two would largely cancel each other out then...

How would they cancel each other out. Gas prices in dollars have generally gone up, the € has gone down. Both increase the price here.

It is not rocket science, in the last 3 years sterling has appreciated 20% against the Euro.

Dannyboy83

Tabnabs wrote: »

http://www.rte.ie/news/2012/0904/8-5-increase-in-bord-gais-gas-prices-approved.html

More than 400,000 Bord Gáis customers are facing higher gas bills after the Commission for Energy Regulation approved an 8.5% rise in residential gas prices for the company.

http://www.bbc.co.uk/news/uk-northern-ireland-19343459

Power NI has announced a 14% cut in electricity prices for Northern Ireland customers.

Says it all really.

monkeypants

Switched both gas and electricity this morning. Bonkers.ie recommended Flogas for gas and Bord Gáis for electricity.

snaps

I signed a 2 year fixed contract with airtricity this year. I assume they can't put my electric up for 2 years? If they do this is that a breach of contract?

Heroditas

snaps wrote: »

I signed a 2 year fixed contract with airtricity this year. I assume they can't put my electric up for 2 years? If they do this is that a breach of contract?

Depends on what the T&Cs say!
Is it a fixed discount compared to the BGE tariff or is it a fixed kWh cost?

snaps

Heroditas wrote: »

snaps wrote: »

I signed a 2 year fixed contract with airtricity this year. I assume they can't put my electric up for 2 years? If they do this is that a breach of contract?

Depends on what the T&Cs say!
Is it a fixed discount compared to the BGE tariff or is it a fixed kWh cost?

have a funny feeling its a fixed discount

Cookie_Monster

Ardent wrote: »

Irish regulator is justifying the price hike by blaming a larger than expected decrease in value of euro against sterling.

do we buy gas in sterling? I thought it all came through Europe, from Russia. The UK import 40% of their gas as it is so I doubt we buy any from them

seamusmacc

and now Electric Ireland

http://www.independent.ie/business/personal-finance/latest-news/double-whammy-first-gas-now-electricity-price-hike-3223025.html#disqus_thread