MPs challenge Ofgem boss over standing charges on bills

The boss of Ofgem was today challenged by MPs over the use of standing charges on customers’ bills at a meeting of the House of Commons Energy and Climate Change Committee. Andrew Wright, Ofgem’s interim CEO, was asked what steps the regulator had taken to tackle problems with the charges, which according to Labour MP […]

Energy price freeze for First Utility customers

First Utility has pledged not to increase gas and electricity prices for its customers this winter. The price freeze, including standing charges and unit rates, will guarantee a price lockdown for all its existing variable tariff customers until March next year – the cheapest at £1,150 per year. The energy supplier is urging the Big […]

Which? calls for Government to scrap standing charges

The energy market is still too “confusing and bewildering” for consumers to find the best deal, especially with the vast range of standing charges, according to Which? New research by the consumer watchdog found more than 109 different tariffs with around 75 variations of standing charges are currently available. They range from zero up to […]

E.ON launches flat rate standing charge for small businesses

Power supplier E.ON is introducing a flat rate electricity and gas standing charge in a bid to make pricing easier for small businesses. The new move will benefit businesses joining the energy company or existing customers renewing onto a fixed-term contract from tomorrow. It follows Ofgem’s launch of the new standards of conduct for energy […]