Quote:
Originally Posted by Elrazor
Unless I'm missing something, Liz Truss' energy price cap makes little sense.
We just moved into a new house. Estimated annual use around ~£2500 a year. So, not really saving much which is fine as we can afford it.
However, with a cap any energy we use above £2500 is effectively free, so there is little incentive to be thrifty with energy use. Furthermore, we were going to get solar panels installed before winter. This is now a waste of money as we won't save sufficient money over the winter months to bring us under the price cap.
Effectively, lots of people in big houses will be very warm this winter, but it doesn't help those in smaller properties with more modest energy needs.
No, she's freezing the cap (I believe), which is based on usage for an average home, so the more you use, the more you pay. Those in bigger homes benefit most.
The policy is a really blunt instrument. I'd be looking at - homes using over x amount of energy pay a surcharge.
Also, they need a big publicity campaign explaining just how serious the situation is and giving people tips on easy ways to save energy. We, and Europe (the Germans are in a worse spot here and have already started here), need to take action to cut usage. Without that, you solve nothing.