No Standing Charge Electricity and Gas Tariffs: OFGEM says they’re coming, but will they save us money ?
Why are No-SC tariffs important and when are we likely to see them ? Our Electricity prices in UK are acknowledged to be the highest in Europe. Despite this serious indictment, as discussed in a previous blog , the Electricity and Gas suppliers have continued to penalise low users by first re-introducing, then continually hiking up their standing charges (SCs) to hitherto unprecedented levels. This has hit many singles living on their own. P articularly hard hit have been some pensioners, with the rapid increase in their fuel costs and a meagre state pension to exist on. An additional blow to pensioners this autumn was Reeves’ cruel indefinite withholding of their winter fuel payment, and a relatively cold winter so far, with some quite prolonged cold spells already. Consumers generally have now wakened up to the fact that our energy charges are the highest in Europe, and have started to question the inefficiency and profiteering of the supply industry ...