@samandrepaul.bsky.social
Reposted
After Ofgem opened Pandora's box with its review of standing charges, they've decided against the worst options, which pushed up costs for people on low incomes with high energy needs. Its new proposals offer more choice - but doing this via the price cap may add complexity for little benefit (1/3)
We are proposing suppliers introduce zero standing charge tariffs
Follow the link for more on how we plan to mandate suppliers to offer zero standing charge tariffs alongside the price cap as well as reforms to reduce energy debts for next winter www.ofgem.gov.uk/publications...
Follow the link for more on how we plan to mandate suppliers to offer zero standing charge tariffs alongside the price cap as well as reforms to reduce energy debts for next winter www.ofgem.gov.uk/publications...
December 12, 2024 at 11:55 AM
After Ofgem opened Pandora's box with its review of standing charges, they've decided against the worst options, which pushed up costs for people on low incomes with high energy needs. Its new proposals offer more choice - but doing this via the price cap may add complexity for little benefit (1/3)