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British Gas Electric Standing charge increase

Increased from 25.093p to 48.27p from 1st April - Is this an April Fools joke letter?  Cannot even cut down on the electric with that!!!!

Comments

  • 400ixl
    400ixl Posts: 4,482 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 25 February 2022 at 9:13PM
    Then switch supplier with a lower standing charge if you can find one.

    Harsh comment I know, but what is the alternative, they are not doing anything outside of the capped limits.
  • Ultrasonic
    Ultrasonic Posts: 4,265 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    All suppliers will have a big increase in the electricity standing charge from April, as determined by the change to the price cap.
  • wild666
    wild666 Posts: 2,181 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    18.6p of the increase is in relation to companies going bust and a SoLR taking them on OFGEM have to get the money back from somewhere and it's us that is tasked with paying them via the standing charge. Expect another 11p per day to be put on the SC in October meaning that in some areas the electric and gas SC will be over 90p per day if not £1 per day.
    Someone please tell me what money is
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