Can someone please explain how the energy price cap works.
Specifically: in what way is it a "cap"?
I read that the price cap is increased, then will be increased again, and so on and so forth.
I also read that the energy companies' profits have been increasing massively.
So, in what way is the energy price cap what the chap on the Clapham Omnibus would understand to be a cap (ie. a limit)?
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