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What 'The Energy Cap" will mean

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Vintagenonna Thu 15-Sept-22 12:46:42

Radio 4's excellent Wednesday morning (9 a.m.) programme looked at what the likely cost of the Energy Cap will mean to individual households - and to the country.

Thought it might be worth flagging up because I heard someone say something that suggested their annual household bill COULDN'T GO beyond the Truss limit.

More Or Less unpicked this.

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FarNorth Thu 15-Sept-22 12:54:34

Thank you Vintagenonna. I'll have a listen as I don't think I quite get it yet.

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Vintagenonna Thu 15-Sept-22 19:05:17

Hi, FarNorth

I hadn't realised the disparity in the rise in the costs of electricity and gas. Heavy gas-using households (like ours with our geriatric gas aga) will feel the pinch a lot more than households who rely more on electricity.

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Georgesgran Thu 15-Sept-22 19:50:58

I’m not sure if I’ve imagined it, but I heard a snatch of an item on the radio, where (Goldman Sachs?) it’s forecast the price of gas will actually plummet!

Anyone help me out.

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Georgesgran Thu 15-Sept-22 20:54:53

Can’t believe I’ve been so stupid!!! GS is American and the ‘gas’ being talked about is gasoline - petrol!

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FarNorth Thu 15-Sept-22 22:22:12

grin
Easy mistake!

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