Plans for energy tariffs with no standing charges

Quick Summary:

Energy firms will be forced to offer the new tariffs under a proposed shake-up of bills by the regulator.

Those with low energy usage, such as people who live alone, argued that even if they further reduced how much gas and electricity they used, they saw little difference in their bills.

However, those with high energy needs could see a big rise in bills were these charges to instead be included in the price of each unit of energy used.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Customers Ofgem Energy Price Suppliers Debt Charges Bills People Standing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 06:51:41 (10 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 828 words

Reading Time: 5 minutes read

Sentences: 37 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 24370390

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 6 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #43

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