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I strongly disagree that nearly 20% of the median household income (£31,400 [0]) is reasonable for a family's annual energy bill. Median income for the poorest
by TomNomNom 4y ago
I strongly disagree that nearly 20% of the median household income (£31,400 [0]) is reasonable for a family's annual energy bill. Median income for the poorest 20% is £14,600 - the chances they could afford £6k a year on energy are slim.
Are you really suggesting that housing costs should average around £1400 per year (about one tenth the average annual rent [1]), but energy costs more than 4 times that amount are reasonable?
[0] https://www.ons.gov.uk/peoplepopulationandcommunity/personalandhouseholdfinances/incomeandwealth/bulletins/householddisposableincomeandinequality/financialyearending2021 https://www.ons.gov.uk/peoplepopulationandcommunity/personal...
[1] https://homelet.co.uk/homelet-rental-index https://homelet.co.uk/homelet-rental-index
- linuxftw 4y ago> Are you really suggesting that housing costs should average around £1400 per year Relative to wages in the UK, absolutely. The working class is getting absolutely fleeced over there. > I strongly disagree that nearly 20% of the median household income Same thing here, there's two sides to every equation. The UK has to import almost all of it's energy, importing is expensive. It seems to me, global energy demands are outstripping supply, and energy is going to become a permanently larger portion of everyone's budget. The way of life we've enjoyed the last 70+ years in the western world, that life is quickly changing.