Energy: Standing Charges

(asked on 13th December 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to help lower daily standing energy charges.


Answered by
Graham Stuart Portrait
Graham Stuart
This question was answered on 22nd December 2022

The Government is committed to protecting consumers from the impact of high energy prices. Standing electricity charges are set by electricity suppliers in compliance with the Government's Energy Price Guarantee (EPG). A supplier's default and standard variable tariff unit rate and standing charge together must not exceed the level set by the EPG. On 7 July 2022, Ofgem launched a consultation on proposed changes to the standing charge methodology to reflect the energy use of individual households. Following engagement, Ofgem announced on 21 August that it would retain the current methodology in order to protect users with greater energy needs.

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