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 steps her Department has taken to help SMEs pay their energy standing charges.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 25th April 2024

Standing charges are a matter for Ofgem as the independent economic regulator. Ofgem recently conducted a call for input looking at how standing charges are applied to energy bills. Ofgem is analysing the submissions it received and will publish its response in due course. www.ofgem.gov.uk/publications/launch-review-standing-charges-energy-bills

The Government recognises that businesses are facing pressure through their energy bills. That is why on 30 March 2024, my Rt hon Friend the Secretary of State and I wrote to Ofgem, highlighting the importance of keeping standing charges as low as possible.

https://twitter.com/ClaireCoutinho/status/1774001008953217079

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