Rob Crusher

My professional Twitter account. Mostly mentioning energy, zero-carbon and related topical business issues. Views are my own ...

[Rob Crusher @Crusher_Rob]

@afneil “Effective management of legal costs” … is a euphemism for “don’t spend any money”.

[Rob Crusher @Crusher_Rob]

@MartinSLewis I’ve voted “yes”, but much would depend on the “how”. Nationalised businesses have historically been inefficient, so this would need to be addressed in any future model. Must be properly independently regulated to ensure low and fair pricing and improved performance.

[Stephen Kerr MSP @RealStephenKerr]

I urge you to spread the word. Nicola Sturgeon has been caught red-handed focusing on starting fights with the UK Govt instead of tackling the COVID pandemic. It's an utter bombshell- and shameful.

I guess COVID didn't sell independence well enough for the SNP.

[Rob Crusher @Crusher_Rob]

@MartinSLewis OK, understood 👍

[Rob Crusher @Crusher_Rob]

@MartinSLewis The single biggest determining factor of energy bills is the wholesale energy price (that’s the market trade price for gas/elec). Currently it’s more than double what it was before Russia invaded Ukraine. Russia provides 20% of the world’s gas. Therein lies the answer.

[Rob Crusher @Crusher_Rob]

@MartinSLewis Martin, this isn’t a “rabbit from a hat”. At best it’s window-dressing, at worst it’s trying to con the British public. As this IFS slide illustrates …

[Rob Crusher @Crusher_Rob]

@andydane @WearAFeckinMask @MartinSLewis @ofgem The problem comes when you try and turn a fixed cost (building and operating infrastructure) into variable cost. This introduces volume risk. Companies will add a premium for this risk, so it could become more expensive, which nobody wants.

[Rob Crusher @Crusher_Rob]

@birty4306 @WearAFeckinMask @MartinSLewis @ofgem I agree, those in such unfortunate circumstances should receive targeted support. Not sure meddling with the standing charge is the answer though, as this will just put the variable charge up. Which will also hurt those on low incomes.

[Rob Crusher @Crusher_Rob]

@AmgKirtley @MartinSLewis @ofgem The problem comes when you try and turn a fixed cost (standing charge) into variable. It introduces volume risk. Companies will add a premium for this risk, so it could become more expensive, which nobody wants.

[Rob Crusher @Crusher_Rob]

@maryes909 @gavinesler @maryes909 why have you tagged me in your tweet?

[Rob Crusher @Crusher_Rob]

@MartinSLewis @thelemonoddity @ofgem 6% according to your article. But that’s an extra 6% on top of other inflationary-related increases. So probably more
like 15% in real terms. And to be clear, the “failed supplier” cost doesn’t bail out the failed supplier, it protects their customers.

[Rob Crusher @Crusher_Rob]

@Birkettphoto @MartinSLewis @ofgem As @MartinSLewis article highlights, the profit in the standing charge is less than 2%. How low do you think it should be?

[Rob Crusher @Crusher_Rob]

@StNon_withwings @fionahtweet @MartinSLewis @ofgem As @MartinSLewis article highlights, the profit in the standing charge is less than 2%.

[Rob Crusher @Crusher_Rob]

@StNon_withwings @MartinSLewis @ofgem As @MartinSLewis article highlights, the profit in the standing charge is less than 2%.

[Rob Crusher @Crusher_Rob]

@AmgKirtley @MartinSLewis @ofgem Supermarket goods is not an appropriate comparison. Energy is more like your phone or broadband. You pay a fixed charge for the service being available, then variable depending on how much you use.

[Rob Crusher @Crusher_Rob]

@yvonnehlong @foodobsessedgi2 @MartinSLewis @ofgem 100% agree, and those in this unfortunate position should receive support. As they should with other bills, council tax, etc.

[Rob Crusher @Crusher_Rob]

@BMubaru @therealleachdc @MartinSLewis @Paul_e_shank @ofgem It’s no different to your phone or broadband line rental. You pay a fixed fee to have a service available, and a variable fee depending on how much you use it.

[Rob Crusher @Crusher_Rob]

@andydane @WearAFeckinMask @MartinSLewis @ofgem “Unchanged and untouched for 63 years”. Wrong. You really should properly inform yourself before making such comments.

[Rob Crusher @Crusher_Rob]

@hotchy1 @WearAFeckinMask @MartinSLewis @ofgem I don’t know about you, but I pay a fixed monthly “line rental” for my broadband. Irrespective of whether I use 0Gb or 100Gb. It’s the same thing but for energy.