Energy: Prices

(asked on 27th January 2023) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will introduce a requirement for energy suppliers to include at least one tariff with a zero standing charge in their core tariffs for domestic customers.

Answered by
Graham Stuart Portrait
Graham Stuart
Minister of State (Department for Energy Security and Net Zero)
This question was answered on 1st February 2023

Decisions about standing charges are a commercial matter for energy suppliers. The standing charge is a fixed charge that suppliers pass on to their customers to cover the cost of providing a live supply.

The Ofgem price cap sets a limit on unit rates and standing charges, and the Energy Price Guarantee subsidises the unit rate.

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