FLASHBACK: Could Claimed Vitality Worth Cap Will “Stand Up for Thousands and thousands of Working Households”
With power costs now taking pictures into the stratosphere, Guido’s had a fast look by means of the archives to remind himself why the pointless worth cap was ever launched within the first place. He stumbled throughout a 2017 marketing campaign speech from Theresa Could:
“…[I think] it’s proper, as does all people sitting across the Cupboard desk, for presidency to take motion to help working households. And what we’re speaking about is a cap on power costs that will probably be set by an impartial regulator, and that will probably be a mirrored image of the market […] We’re Conservatives, we consider in free markets and competitors. However we need to see competitors working… underneath our cap, costs will have the ability to go down.”
Might also wrote a Solar op-ed claiming the cap would “arise for tens of millions of working households” and assist hold costs low. Of the 70 or so suppliers available in the market when the power cap laws handed in 2018, 24 stay. The value cap to see competitors working… destroyed competitors.
