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Old 28-02-2023, 01:14   #2068
Chrysalis
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Re: The energy crisis

Quote:
Originally Posted by Paul View Post
The actual energy price cap has been reduced from £4,279 in January £3,280 in April.
However, this isnt going to help anyone as the Govt cap is going up from £2,500 to £3,000.
That presumably just means they'll be paying less subsidy to the energy complanies for the difference.
It does seem like it makes a case for keeping the govt cap at £2,500, but that seems unlikely with the current lot in charge.
Even worse the cap was effectively £2100 with the £400 credit, so % wise it's quite a large bump.

The amount of pressure now compared to last summer, is very low, without the political pressure I agree with you that any shift of policy is unlikely.
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