Monday, December 1

OFGEM UNVEILS NEW ENERGY BILL PLANS – Households to get new tariffs with lower standing charges

Every household will be offered a new energy deal with a lower fixed daily charge, but the move is not expected to bring down overall bills.

Regulator Ofgem has announced that all suppliers will offer at least one tariff in which standing charges are lower. 

The plan comes after concerns from customers who use very little energy but still have to pay a fixed daily fee, which currently stands at around 53 pence a day for electricity.

However, charities are warning that while the new option provides more choice, the underlying issue of high bills has not been addressed. 

According to Ofgem, costs covered by standing charges must be paid, and so they have simply been moved to another part of the bill.

The announcement comes as energy bills for millions of people are set to rise by 2% in October.

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