Quote:
Originally Posted by nomadking
And how would that reduce the cost of the energy that they supply? If the taxpayer(via borrowing) funds the difference, then it would cost £2.8bn per extra £100 of cost per year, and for how many years? Then there's the "cost of living" expenditure on top of that.
|
It wouldn't. It would protect people themselves from the impact, moving that impact onto the Government.
And yes it would cost money. Better than having people see half their monthly income going to keep warm. There are people on disability allowance, carers allowance or even pension who simply can not afford the price cap, it would wipe them out. I believe you need to be earning about 60k for the average price cap price not to move you into the measurement of fuel poverty.