What happens to the Energy Price Guarantee in April?

BUFF

There was already a shortage & prices increasing before the war.

Came across this tonight:
https://www.telegraph.co.uk/business/2022/10/15/energy-price-cap-torn-plans-considered-whitehall/ 

wakeupalarm

https://www.theguardian.com/politics/2022/oct/15/jeremy-hunt-truss-saviour-austerity-tax-cut-u-turns-public-service

GingerTim

https://www.theguardian.com/politics/live/2022/oct/17/jeremy-hunt-mini-budget-liz-truss-conservatives-labour-tax-uk-politics-live?page=with:block-634d085d8f085fc6682b499d#block-634d085d8f085fc6682b499d

EPG is potentially under review by the latest Chancellor, to be more targeted in its second year: 

Astria

With those prices I'd be tempted to stay on the fix, there's no guarantee that the SVT will remain the same for the next 2 years. The price may change at any time regardless of what they say.

maisie_cat

I think they'll review and "tweak" after 6 months.
They rushed in the scheme and there are many that do not benefit at all. 

The_Green_Hornet

GingerTim said:

https://www.theguardian.com/politics/live/2022/oct/17/jeremy-hunt-mini-budget-liz-truss-conservatives-labour-tax-uk-politics-live?page=with:block-634d085d8f085fc6682b499d#block-634d085d8f085fc6682b499d

EPG is potentially under review by the latest Chancellor, to be more targeted in its second year: 

According to the Sun's Harry Cole....

You know The Guardian is getting desperate when  it uses The Sun as a reference.

GingerTim

The_Green_Hornet said:

GingerTim said:

https://www.theguardian.com/politics/live/2022/oct/17/jeremy-hunt-mini-budget-liz-truss-conservatives-labour-tax-uk-politics-live?page=with:block-634d085d8f085fc6682b499d#block-634d085d8f085fc6682b499d

EPG is potentially under review by the latest Chancellor, to be more targeted in its second year: 

According to the Sun's Harry Cole....

You know The Guardian is getting desperate when  it uses The Sun as a reference.

https://twitter.com/Steven_Swinford/status/1581945801479446528?ref_src=twsrc%5Etfw

Seemingly now confirmed by The Times that the EPG will only be universal until April 2023 - then will become targeted and capped. We shall find out for sure shortly...

Martico

The_Green_Hornet said:

GingerTim said:

https://www.theguardian.com/politics/live/2022/oct/17/jeremy-hunt-mini-budget-liz-truss-conservatives-labour-tax-uk-politics-live?page=with:block-634d085d8f085fc6682b499d#block-634d085d8f085fc6682b499d

EPG is potentially under review by the latest Chancellor, to be more targeted in its second year: 

According to the Sun's Harry Cole....

You know The Guardian is getting desperate when  it uses The Sun as a reference.

Bit unfair - the liveblog credits journos from all papers when they get a jump on news 

Saga

Hunt's just announced that the EPG will remain in place only till April 2023. A "Treasury-led review" will take place with the "objective to design a new approach that will cost the taxpayer significantly less than planned whilst ensuring enough support for those in need. Any support for businesses will be targeted to those in most affected and the new approach will better incentivise energy efficiency."

DiseasedBunny

Better not get too comfortable this winter - gonna be a miserable 2023