A potential cut to the daily charge that everybody pays for their gas and electricity supply could offer hope to those struggling with rocketing bills. The standing charge element is added to all bills - regardless of how much energy is used.
The energy regulator, Ofgem, is looking at possibly cutting the standing charge. It comes as bills look set to rise again in October with the energy cap set to rise by another £830 from £1,971 to £2,800 for the average household.
Ofgem's chief executive Jonathan Brearley said the charge would be reviewed, reports BirminghamLive. The standing charge is a daily basic charge that is applied to all bills.
