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So Europe to cap utility bills - what happens then when people crank up thermostat?

 
CharlieFoxtrot
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09/26/2022 09:53 AM
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So Europe to cap utility bills - what happens then when people crank up thermostat?
If I'd knew my heating bill was capped, I'd not give a shit about conservation. Wouldn't that be a scenario for more usage, more cranking up of the thermostat? There will be zero incentive to save, putting even more pressure on supplies.
Anonymous Coward
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09/26/2022 09:55 AM
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Re: So Europe to cap utility bills - what happens then when people crank up thermostat?
More brilliant European strategic decision making.
lightchild_uk
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09/26/2022 09:55 AM

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Re: So Europe to cap utility bills - what happens then when people crank up thermostat?
It's price per KW that's capped.
Anonymous Coward
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United Kingdom
09/26/2022 10:00 AM
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Re: So Europe to cap utility bills - what happens then when people crank up thermostat?
Your bill is not capped.
The price per unit of gas and electric is.

Electricity: 34p per kWh with a standing charge of 46p per day
Gas: 10.3p per kWh with a standing charge of 28p per day

A 'typical' household (which according to Ofgem uses 2,900 kWh of electricity and 12,000 kWh of gas in a year)

So many families will see much larger bills than “£2500”.
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