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Standing charge

PatK
PatK Posts: 2 Newbie
Tenth Anniversary Combo Breaker
quick question
Has anyon else noticed that the energy companies have hiked tha standin charge on our energy costs 
It would appear that we are getting ripped off yet again
The standing charge has always been a bone of contention for me when changing energy suppliers

Comments

  • MSE_James
    MSE_James Posts: 1,733 Community Admin
    Fifth Anniversary 1,000 Posts Cashback Cashier Newshound!
    Hi @PatK - you'll find a number of threads on the same topic, and our guide here also addresses the question: 
    https://www.moneysavingexpert.com/utilities/what-is-the-energy-price-cap/#accordion-content-0336620245-1 
     
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  • EssexHebridean
    EssexHebridean Posts: 25,610 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    1) they haven't - they have just passed on the SC that has been set
    2) being charged an agreed rate for something does not equate to "ripping people off" just because it is higher than you would like
    3) If you want a zero standing charge supplier then take a look at Utilita - I believe they still have tariffs with the SC at zero. 

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  • pochase
    pochase Posts: 3,449 Forumite
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    3) If you want a zero standing charge supplier then take a look at Utilita - I believe they still have tariffs with the SC at zero. 

    Works for gas if you don't use it in summer, and for electricity if you use less than 1 KWh per day.

    The 50% of the standing charge is added to each of the first two KWh used per day. 
  • si_74
    si_74 Posts: 74 Forumite
    Third Anniversary 10 Posts Name Dropper
    The higher the usage the less overall impact the standing charge has. The current capped annual rate (standard variable) for gas and electricity works out to £262.69/year (there might be slight regional variations). So if it goes up or down a bit it isn't going to make a huge different to the overall annual bill, the unit rate is much more important to look at. 
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