Why are energy prices rising? - BBC News 

The most impressive is that they come and say "we've had to raise our prices ". But they don't say the reason 🤬

Here in CA they are making us pay for their upgrades after the fires which were started by their faulty lines

Energy companies are greedy and will look to maximize profits whenever possible. Claiming “supply chain issues” whether they’re actually affecting the companies or not is a way to drive profits up.

I don't know how much help this will be, but for those struggling for food, try the following: 1) Stock up on long life cupboard foods such as lentils, rice, pasta, etc. Buy in bulk and feed yourselves for ages 2) Try buying frozen veg, works out cheaper than fresh 3) Invest in a pressure cooker, and cook with it as often as possible. It uses less energy and also preserves nutrients. Pretty much anything goes, rice, vegetables etc 4) if you have many mouths to feed, try making soups every now and then, and add water to increase it if necessary. Good luck and I hope you all stay well

Prices are not raised by russia, nor russia has decreased or refused to increase the supply of gas. The EU and UK are selling gas at 10 times more price to there domestic consumers, that's not the problem of Russia.

What is it with the BBC presently with every news report carring a question mark, you're supposed to be reporting the news not asking us.

I stopped paying for electric. I cook with gas. I heat with firewood and I have 2 car batteries charged from my car to provide electric to small appliances and TV. I'm saving a fortune

You are accusing Russia that it does not want to supply gas ABOVE the agreements - but is only Russia supplies gas in the world?

Boris on his own creates enough wind power for the whole of England

I recon the economy collapsed in 2008 so a series of "crises" and "emergencies" will have to foot the bill.

Ms Smith does not tell that cheap Russian Gas was not being pumped into storage but was being reversed pumped to Ukraine to subsidize Ukraine against Russia. Hence Europe pays the bill now since there is no Gas in European storage now. And Russians would supply gas at the present market price only.

The bbc presenter thinks hes hosting a game show. I have never heard or seen anything like it. I fully expected him to shout “ come on down “ any second. Does he think his audience is a bunch of 10 year olds? Extraordinary

Before this crisis we had 63 energy companies. We are now down to 27. There has been an enormous cost to the taxpayer, the cap will be lifted and the government was warned about this months ago. Brilliant time to be paying more tax and national insurance. The Incompetence this government has shown is astounding and the regulator allowing these business models to run unchecked is even worse. Now we will all suffer. This will not go away FYI. Long term power Contracts are already higher and being bought a year in advance meaning this is here to stay. Plus I'm not sure how much securing households who's providers went bust has cost the tax payer.

Nord stream 2 is a private investment collaboration between Germany and Russia, costing 10 billion to Germany with an energy input increase of 15% gas export to the continent, which is very needed for Germany and others. The U.S are sore because they wanted the monopoly of energy imports into Europe by charging higher prices and because Russian energy is cheaper, the U.S have sanctioned any company dealing with Russia in this sector and now threatening to shut down something they have not invested in or own because of their typical spiteful hegemony. This resulted in a shortage of energy on the continent, raising prices by energy companies and they are making a fortune at the expense of the consumer.

The reason prices are going up is because they can charge whatever they want and you will have to pay it.

I take comfort that I can pay my energy bills with the tv license money I haven’t paid in years

Looks like Russia put senctions on Europe, instead of America.

Some facts, Russia has a long term contract with fix price to supply Europe, even if the price go up the price in the contract is what they get. Russia did more than double the supply to Europe but they find out that the German were reselling it at currant expensive market prices to Poland an Ukraine. Putin didn't like that

I don't have a problem with energy companies rising prices (if linked to ability to pay such as Council Tax Band), what I do have a problem with is them making excessive profits and giving it away to shareholders with no accountability because of their monopolies. The realisation that all countries now have to have more robust energy security will mean that energy companies will have to invest more in infrastructure, storage and surge for winter months, so we don't get in the pickle we are at the moment and get the crazy future hedging that affects our bills for months even after the holdsale price of energy come down. We need to make sure we are building safeguards for the future to stop this happening ever again, and look at other elements as well - food secirty, water security etc. What we can't accept is the price shooting up everytime there is an international issue, and energy companies making excessive profits for their shareholders at the same time. Caps need to be placed on energy prices, profits to shareholders and make it so energy companies start investing more in making their infrastructure and storage more robust and enduring.

Still puzzled. Nobody is suggesting that gas is suddenly more expensive to produce, so if no more gas is being produced who’s pocketing the mountains of additional cash?

They never lowered the prices a few years ago when wholesale prices of gas went down but eager to put up prices when gas price goes up an now gas prices has gone down a bit but they have not told us that but still want to fleece us out of money.

High energy costs are bad enough without annoying pointy news presenters

The days have long gone when I believe anything the BBC says!

So its Russia’s fault for “not selling you what you want..?” And she forgot to mention the four LNG tankers that were on their way to Europe from America but got diverted to China because the Chinese offered the American LNG company a better price…!

folks are suddenly surprised when capitalism doesn't create a charitable benevolent society

I'm leaving the UK if this crap continues much longer guys

Make the first 100kWhr free, paying for it by increasing the cost there after. This way you protect the poor, and encourage energy conservation for large users

Cancelling the BBC licence and watching non BBC catch up saves £159 a year.

Man started off with ENERGY 😂⚡

His style is like he is fighting with you

If people don't rise up in protest against this then this country is truly finished

i feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naive, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, l'd say that more emphasis should be put into trading since it is way profitable than hodling. Trading went smooth for me as I was able to raise over 9.2 BTC when l started at 1.5 BTC in just few weeks implementing trades with signals and insights I would advise you all to trade your asset rather than holding for a future you aren't sure about

What is the problem with generating electricity from rain? A lot of fans can be installed as the rain falls everywhere. Fans can be placed on top of the house, in the field and in the sea. If the number of fans is increased, more power can be produced. If the generator is movable, it can be moved after the rainy season.

Don't you just love picking either food or heat? It's the conservative way.

Energy prices are rising because the majority of voters have choosen politicians who did not give a damn about energy supply and energy prices.

Sharpest Energy rise in Europe are in.. Britain.. EU nations are seeing lower rises capped to protect its citizens. Britain allowing a 50% increase due to Brexit giving the government free reign.

To the point where I don't want gas, southern electric CEO happily has an indoor heated pool. As if the pandemic hasn't already financially crippled us. It's rather telling, cruel., frankly to the point I just don't want it.

Homes should be state owned energy thats one of things that shouldn't even be an issue. Water and energy should be state own atleast for homes.

Coal Gas and then North Sea gas in the UK was as cheap as chips and fuelled millions of homes at a fair price. Privitisation and greedy shareholders killed affordable energy for all.

Remember, they can't take everyone to court. Just stop paying

“Supply chain issues” parroted by a lot of corporations these days to unnecessarily inflate prices to increase profit. Greed and political corruption is rife.

Putting the washing machine on and dishwasher on after 12am what a monster poor neighbours

RECORD PROFITS BEING MADE AT OUR EXPENSE The increases should not have taken place so very quickly & definitively not so steeply (GREED). Why isn't Congress sounding the alarm about the unnecessary, extreme price hikes (GREED)? Who are the Congress members, state legislators & governors that are invested in these industries, especially in the ENERGY sector? Some politicians or their family members are on the boards of these companies that are price gouging and making huge record profits because of it & of course they're not tell the public about it; they'll just keep raking in the high dividends at our expense. Media doesn't seem to want to communicate these facts either, WHY NOT? Let's CONSISTENTLY talking about BIG BUSINESS (big essential retail) & ENERGY COMPANIES' record profits during times of massive economic struggles for the MAJORITY population, but their CEOs are making millions in bonuses. Let's pay attention to these corporations' quarterly PROFITS going back to before pandemic to the beginning of 2022 & then beginning of 2022, every quarter for at least the next year; let's keep their RECORD PROFITS in the forefront of the consumers minds.

Why is the government not capping energy profits? This would cure the problem overnight. They should also look at taking back the profits from the directors of the ones that declared bankruptcy.

It’s planned, the great reset

No carbon tax on luxury yachts and climate alarmists buying beachfront property? Someone is having you on..

Because the US would rather see Europe freeze rather than compete with a cheap Russian gas supplier.

Look on the bright side, The way it's going, nobody will be able to afford the BBC Licence FEE... And no Fee, no BBC. 😄

Good thing we don't need heating our homes in my tropical country.

You can run your home with free gas and electricity so long as you haven't got a smart meter, that is what smart meters are about they control you, 😁😁😁😁

Well they won't mind us setting up some local bonfires where people can get together if there home is too cold.

This is Tory propaganda, Brexit is to blame.

We’re using about same energy as a year ago so demand is roughly the same, production is about the same, and there’s much more renewables so should be more supply. It’s just the energy/gas/elec fat cats putting up prices to make more money. It’s just greed.

Take a look at how much of your energy bill is for the commodity and how much is taxes to govt. Same goes for fuel for vehicles. Now take a look at the handouts to corporates that are already making unprecedented profits whilst sitting on wages and paying very little in taxes themselves.

In the Netherlands we already have the highest gas prices in the World. Now it costs more than 2 euro's/liter...

Energy prices and CRUDE oil will keep soaring❕️

Why always putting blame on China and Russia.. Should take a look at American energy traders who manipulate prices

why bbc not working on extracting energy out of human waste?

We guys always blame everything back happening to you. Russia is increasing their supply even you guys usually blame them.

As far as the Russians are concerned, they say they are not releasing more Gas because there are no additional orders - therefore they are only sending what is on the contract..

Everyone in Englznd should boycott their Bill's for the next 2 months

So, no one said about sanctions Europe hit against Russia. I think that is reason number one. After this event prices got up to 4000$ for 1000 cubic meter of gas

I have been saying to my partner for along time about the loss of revenue with the introduction of electrical cars etc. Why can't they just be honest for once. This is just to cover the loss of revenue in oil. They continually feed us rubbish. Jonathan Prigmore

Ok that explains gas prices what about petrol and Diesel...as far as I know OPEC and other oil producers haven't stopped pumping and shiping oil why has the price gone "bonkers"...the excuse used to be the driving season in North America that happens in summer...so it's winter??.🤔🇳🇿

You do realise, that prices won't go down?

Where's the report on the Canada Convoy truckers....? Good ole BBC

Look at company profits. If their profits have suffered, then yes, everyone is suffering. But if profit margins are high, then they are increasing prices just to make more money while we get screwed. Look at that. I spoke not only the truth but its so easy for everyone to understand. Funny how they didn't mention this. We should see if media gets money from big corporations....

Put it this way, it doesn't matter how much it costs to transition immediately from Fossil fuels, because if we don't do it now, the cost to the world would be unquantifiable , and into the quadrillions. It's not just financial think of half the coastal cities under water, where would they now live ?

No rising energy prices in New Zealand

It's called us as a people not allow this to happen and not accept the bad situation. DO NOT except this situation

What about replacing solar and wind that cost money too.

A very serious subject. Why did the BBC get a would be game show host to present it?

If you are still watching BBC content at this point, you are part of a cult about to get a rude awakening

Here's a small part of the problem. * British Gas made a profit of £1.3bn between January & June * BP announced profits of £6.95 billion between April and June alone * Shell has profited by £9.4bn in a year The MEN at the top: * John Pettigrew, boss of National Grid received £6.5m bonus on top of his salary * Chris O’Shea, chief executive of British Gas owner Centrica was paid almost £2m last year in salary and benefits * Centrica's non-executive directors were paid almost £1m * Scottish Power's CEO Keith Anderson is on £1.15m. * E.On boss Michael Lewis is on £1m * EDF's Simone Rossi is also on £1m * And their top execs enjoyed a share of £4.65m * Peter Simpson of Anglian Water earned a £1.3m pay package * Welsh Water bosses awarded themselves bonuses of over £930,000 * Severn Trent bosses awarded themselves bonuses of £5.56m * Thames Water's Sarah Bentley, received a £727,000 bonus on top of her £2m annual salary Meanwhile there are... * People who haven't had breakfast and/or lunch TODAY, because they can't afford it. * People using FoodBanks because food is becoming more of a luxury than a necessity. * Children celebrating a birthday without presents. * Parents worrying about new school uniforms - and some schools enforcing rules which are not cost-effective. * People who can't get to work because they can't afford to put petrol in their cars/pay for public transport anymore. * People who are working so much they're making themselves ill, and they STILL CAN'T AFFORD to pay their bills. * People who have been given fines by these same energy/water companies because they couldn't afford to pay their bills in the first place - increasing their debt. * Customers being told to do STAR JUMPS TO KEEP WARM for crying out loud! * Hose pipe bans when gallons of water leak away everyday. * Elderly people NOT DRINKING because they're worried about running out of water!!! All this and energy prices are set to rise up to 75% in October... THIS IS MADNESS!.. I'm all for supporting profits ..I'm not for supporting greed at the cost of lives of others.. Something needs to change.. Why are customers' money being used to make life more comfortable for those who are making life more intolerable for the rest of us? I actually don't understand how the energy companies are allowed to get away with this and why the government aren't stopping them instead of handing out money... Please pass it on

We need to get back out on the streets with this one, it's absolutely about greed, where was the planning for all this?

Yet they have reported record profits?

People should invest in a stove-top or electric pressure cooker to save energy.

investment in renewable energy is the usual reason for price increase! Or wholesale prices of gas !

So what happened to the Brexiteer's promise that VAT would be removed from domestic energy bills?

Time for wood stove 👌🏼 back to the old days especially for those who’s living in the country

OEC in Oklahoma been fcken everyone in electricity this month, just have a meter last month was 13.50 this month 45.50, wtf is that

Just to rip off the public

Energy companies increased their tarrifs 50% last year. If all workers demanded 50% payrise twice within 1 year society would collapse so why are these greedy energy companies allowed to charge rediculous ammounts of money. Council tax needs reforming too as kensington in chelsea pay £1313 in band D council and yet i live in Grimsby a very poor area in a band B property paying £1650 a year in council tax. Are poor areas subsidising millionaires in london?

Thanks green energy, for making our world better

A: because Sunak has ruined our economy

Inflation is really dumb right now. The higher the prices the less they will make because people can't afford it. That is why wood is selling out.

The cost of admission into my front door has gone up for the electricity board water gas ect . Is £400 a minute now if they want to enter to read any meter

We are in another form of 'Lockdown'. With the increase in costs for utilities, food, fuel etc, most people won't be able to afford the luxury of going out for meals, holidays or frivolous spending - this will have a repeat impact on the retail industry, global tourism and economy in general. It doesn't make sense to me? Will we also have a repeat of financial incentives - furlough etc? My fear is people will begin depending on credit cards and loans (if they aren't already).

Like housing, the sector is corrupt , and that corruption is maintained by those who benefit from the fraud.

If the government funded or incentivise fusion energy research, the energy crises can easily be curbed, I don’t understand why governments don’t put more importance on this.

Energy prices increase in the West its not an increase everywhere

So explain to me why my green renewable energy provider just put my electricity up by 40% if its all about gas It's all about cashing in on greed. The energy firms made billions in profits.

This still doesn't address the lack of wind problem.

No mention of the carbon taxes???

How to resolve inflation ??? ans :- taxing billionaire

62 trillion dollars would stop one in a thousand people dying every year because of climate change, according to above Marc Jacobson. The world's annual GDP is 127 trillion dollars, and the US defence budget is 778 billion dollars, 1.25% the amount that would 'transition all energy worldwide for all purposes' and 'eliminate global warming, air pollution... and provide energy security for decades and centuries to come'. Am I doing my maths wrong, or would 80 years' investment in energy instead of war in one nation elminate the problem ??

Stop the TV licence!!!!!

we live in the sticks,no mains gas. we have a calor tank which costs £65 a year rental.we have just had tank filled £535. we only have it on 1 hour a day.mainly using a log burner in either kitchen or living room.logs are £105 per cube.reckon that lot up.

Until the wind doesn’t blow-Then what?

What an oddball presenter, thought i was watching a game show