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UW double electricity standing charge
Utility Warehouse have almost doubled the daily standing charge for electricity while increading the untit charge by 25%.
The gas standing charge is hardly changed while the unit price is increasing by around 80%.
I wonder if other energy suppliers are doing this, and how UW can justify this hike in electricity standing charge at this time.
I can cut down on my energy usage, but I can't avoid the daily standing charge increase.
The gas standing charge is hardly changed while the unit price is increasing by around 80%.
I wonder if other energy suppliers are doing this, and how UW can justify this hike in electricity standing charge at this time.
I can cut down on my energy usage, but I can't avoid the daily standing charge increase.
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Comments
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We all use electricity but not everybody uses gas. Ofgem uses the standing charge to recover money from consumers for such things as Net Zero; smart meters; WHD and the costs incurred when suppliers fail. All suppliers will be increasing their daily standing charge for most tariffs that they offer.carodk53 said:how UW can justify this hike in electricity standing charge at this time.0 -
Yes - this is not "UW" making this increase as such - it's effectively Ofgem. And yes, all suppliers will be doing EXACTLY the same thing. There are lots of other threads on the boards on a similar subject where explanations are given as to what the S/C covers, and why this time round sees such a steep increase.🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25
Balance as at 31/08/25 = £ 95,450.00 at 31/12/25 = £ 91,100.00
Balance as at 31/08/26 = £ 84,500.00
SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0
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