Energy: Standing Charges

(asked on 19th April 2024) - View Source

Question to the Department for Energy Security & Net Zero:

To ask the Secretary of State for Energy Security and Net Zero, what recent discussions she has had with Ofgem on trends in the level of commercial energy tariff standing charges.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 26th April 2024

On 30 March, my Rt Hon Friend the Secretary of State and I wrote to the Chief Executive of Ofgem, highlighting the importance of keeping standing charges as low as possible.

Ofgem launched a call for input in November 2023 on standing charges in the non-domestic and domestic retail markets, looking at how they are applied to energy bills and what alternatives could be considered. Ofgem is currently analysing the responses and will publish its response in due course.

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