The latest price cap set by Ofgem, is expected to result in the lowest energy bills seen in two years, with typical household bills forecasted to decrease by £238

Island Energy has announced a “gesture of goodwill” by refunding a month’s standing charges, approximately £11.56, to around 4,500 affected homes and businesses

The review aims to address concerns about increasing fees and the current inflexibility of these charges

A report reveals that energy firms’ operating costs contribute £242 to customers’ bills on average, while supplier profits are set to soar by £140 million due to changes in the Ofgem price cap

The price cap for a typical dual fuel, direct debit consumer is predicted to decrease to £1,860 in October and rise to approximately £1,960 in January 2024

The standing charge has increased from an average of £186 to £273 over the last year

A charity has urged the energy regulator to stop the ‘standing charge discrimination’

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 […]

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 […]

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 […]