Energy: Standing Charges
(asked on 20th April 2023) - View Source
Question to the Department for Energy Security & Net Zero:
To ask His Majesty's Government what action they are taking to review and limit the increase to the standing charge on energy household bills.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 5th May 2023
The energy price cap sets a limit on unit rates and standing charges, ensuring that millions of households pay a fair price for their energy. The standing charge reflects the on-going costs that fall on a supplier to provide and maintain a live supply to a customer’s premises.
Ofgem is responsible for setting the price cap and remain the sole decision-maker over how it is calculated.