Asked by: Baroness McIntosh of Pickering (Conservative - Life peer)
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what assessment they have made of the impact of the increase in standing charges on household electricity bills on households; and the extent to which this may be impacting on inflation.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
Standing charges are capped under the price cap, set by Ofgem, and ensure millions of households pay a fair price for their energy. The setting of the standing charge is a commercial matter for individual suppliers. The standing charge reflects the on-going costs that fall on a supplier to provide and maintain a live supply to a customer.
Asked by: Baroness McIntosh of Pickering (Conservative - Life peer)
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what action they are taking to review and limit the increase to the standing charge on energy household bills.
Answered by Lord Callanan - Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
The energy price cap sets a limit on unit rates and standing charges, ensuring that millions of households pay a fair price for their energy. The standing charge reflects the on-going costs that fall on a supplier to provide and maintain a live supply to a customer’s premises.
Ofgem is responsible for setting the price cap and remain the sole decision-maker over how it is calculated.