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EPG Wealth Management LLC bought a new stake in Invesco KBW Bank ETF during the 3rd quarter valued at $32,000.
EPG Wealth Management LLC purchased a new stake in shares of Fidelity MSCI Materials Index ETF in the third quarter worth $30,000.
Finally, EPG Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Value ETF in the third quarter worth approximately $51,000.
However, Mr Lewis explained that, while the new fixed energy tariff from Ovo is currently about 10% lower than the EPG, the deal may not remain the cheapest option as time goes on, given that the EPG is due to fall from July until October.
However, Mr Lewis explained that, while the new fixed energy tariff from Ovo is currently about 10% lower than the EPG, the deal may not remain the cheapest option as time goes on, given that the EPG is due to fall from July until October.
If the Ofgem price cap is lower than the EPG, then that will be the amount that determines how much we pay for bills.
The charities Citizens Advice, Fair By Design, NEA and StepChange had also previously urged against the EPG being increased in April.
The majority of customers will see the tariffs charged by their supplier frozen or cut but the withdrawal of the EPG support will mean that their bills actually increase.
Source: https://www.bbc.co.uk/news/uk-northern-ireland-66022569?at_medium=RSS&at_campaign=KARANGA
This gave the Government “significant headroom” to enable a postponement, while maintaining a lower EPG would also help reduce inflation, he said.
Under current projections, energy prices are forecast to drop below the level of the EPG cap from July 2023, eliminating spending on the scheme.
Up until now, falling gas prices have brought no material fall in household bills because costs were still above the EPG, meaning only the Government benefited from falling prices.
Source: https://www.standard.co.uk/news/uk/ovo-energy-deal-government-price-cap-gas-b1070017.html