The Price Impact of Energy Vouchers

France and South Korea have implemented voucher programs to counter energy poverty. In contrast goods that traditional target, the market structure dominates supply is oligopoly. this paper, we study price impact of vouchers in structure. We first state conditions on demand elasticities make choice consistent with regulator's objective eliminating then model a game between suppliers regulator, where maximize profit while regulator ensures no consumer spends more than given share income energy. From benchmark case without vouchers, show reduce under simultaneous decision making or when moves first. However, ambiguous if firms move This scenario's above price.