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Electricity Zero Standing Charge
Electricity Zero Standing Charge. The standing charge is a cost applied automatically to your energy bills before any gas or electricity is used. Which sounds great, if you can bag a good deal, but remember energy prices aren’t based on standing charges alone.
In most cases, you may want to get a zero standing charge gas or electricity tariff if your home is vacant for several months during the year. For most domestic consumers its irrelevant anyway as your total usage is more important. A zero standing charge tariff is also called a no standing charge tariff, and they can be great to some energy users.
Despite This, Last Year Ofgem Took The Decision That All Energy Suppliers Have To Include A Standing Charge As Part Of The Bill, Although It Can Be Zero.
At the higher end of the scale, you could find yourself paying up to £292 (80p x 365) in standing charges every year, even if you’re not using any gas or electricity. Utilita's tariffs for prepayment meters are without standing charges. Those increases add £76.65 a year to an average bill.
However, This Saving Might Be Offset By Higher Charges Elsewhere In The Overall.
The standing charge is a cost applied automatically to your energy bills before any gas or electricity is used. It’s added to most gas and electricity bills. A zero standing charge electricity tariff does not include standing charges, so customers do not have to pay them.
Also Known As Zero Standing Charge Tariffs, A No Standing Charge Tariff Is Simply A Gas, Electricity Or Dual Fuel Deal That Does Away With The Standing Charge, Which Is The Daily Fee Your Supplier Charges To Cover The Cost Of Physically Supplying Gas And Electricity To Your Home, And Keeping It Connected To The Energy Network.
The charge covers the costs your energy supplier takes on in order to get you your gas and electricity. A zero standing charge tariff is also called a no standing charge tariff, and they can be great to some energy users. For prepayment customers, electricity standing charges will rise to an average of 50p a day, and gas 37p.
Standing Charges Are Normally Applied On A ‘Per Day’ Basis And The Daily Charge Will Remain The Same No Matter How Much Energy You Use.
It offers 100% renewable electricity. 5p to 60p per day for electricity 10p to 80p per day for gas. In most cases, you may want to get a zero standing charge gas or electricity tariff if your home is vacant for several months during the year.
Ofgem Will Look At Whether The Cost Of The Standing Charge Could Be Cut.
The average standing charge for customers on the flexible octopus tariff is 45p for electricity. Standing charge is the cost that is applied to energy bills automatically before any gas or electricity is used. Instead, they only pay for the energy that they actually use.
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