Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, if she will take legislative steps to cap standing charges for (a) commercial and (b) domestic energy suppliers.
The standing charge is matter for Ofgem. 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.
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 charges as low as possible.