It means even if you use no energy whatsoever for an entire year and your usage costs sit at £0, you will still need to pay the standing charge of around £300 anyway!
TAKING A STAND: The Money Saving Expert has long campaigned for lower standing charges
The standing charge is a mandatory payment on energy bills, irrespective of how much gas and electricity a household uses. It is used to pay for things such as the upkeep of the energy grids and the amount varies depending on where you live in the UK, reportedThis means if you use no energy whatsoever for an entire year and your usage costs sit at £0, you will still need to pay the standing charge of around £300 anyway.
"The reason Ofgem mandates firms to have high standing charges in the price cap is because they use it to pay for the 'fixed costs' of energy - which it believes should be mostly shared equally. It is especially loaded onto the electricity standing charge as that is 'more universal'."Martin's call for change is echoed by the CEO of Centrica, the parent company of British Gas.
"One stumbling block is the argument from Citizens Advice, an organisation I have great respect for. Its concern is that if you shift the burden, some vulnerable people with disabilities and medical issues that make them high users will suffer.
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