energy bills

Cynical or stupid, corrupt or incompetant?

This morning I saw a video criticizing "Liz Truss' energy policy". The gist was:
1, by capping out of pocket energy bills at $2500/yr (actually pounds, but $s are less confusing to Americans and my computer doesn't have a pound symbol) all the money will eventually go to the rich. And,
2, since all bills will exceed $2500/yr no matter what there is no incentive to reduce usage.