John Healey to ask Ofgem to remove gas standing charges from bills
NEWS. Gas standing charges to be scrapped! Instant reaction, more analysis later (Sorry about poor sound)
Looking out to sea.6Good news, although I think it would have made more sense to scrap the electric standing charge. It is a case of discouraging the use of gas. If the price correlation between gas and electricity is removed that will be great.
Lucas S Diamond3Thank you for this, great summary and explainer and somewhat positive step forward. As a low gas user the majority of the year this is welcome news, and how it should have always been.
Shirley 🏴3What about LPG standing charges? It's a shame they didn't scrap the electric one. More people would benefit.
Janice Hosegood2Great! How does it benefit those of us reliant on LPG in rural communities?
Chris2That's great news! We have solar for heating water most of the year and have recently swapped a gas hob for an induction hob. This means that during the spring/summer/autumn when we don't have the heating on we'll pay nothing as we don't use any gas!
Scrap VAT on fuel, get the energy price rises capped & scrap standing charges & unlink electricity from gas. Fucking do something to actually help people, oh and while you're at it TAX THE FUCKING RICH & THE BIG CORPS.
haggis10.bsky.social4Aw, be fair to our new Chancellor - he's going to reduce import taxes on daily, vital products like gherkins and marmalade. The sales of those will go through the roof and boost the economy no end. Healey is a genius, just like Liz Truss 😉
Cowabunga 1.22Fuel duty is the big one, that and VAT make up half the cost of every litre of petrol.
The Chancellor has confirmed that gas standing charges will be abolished. Could come in next near, once Ofgem have worked through the details
Andrew Sissons16Here is our updated brief on what abolishing the standing charge involves and what impact it would have on household bills, including distributional effects www.nesta.org.uk/report/aboli...
𝕃𝕒𝕦𝕣𝕖𝕟𝕔𝕖𝕄2Remember the days when we didn’t know what was in the budget until the chancellor stood up at the despatch box and told us ? It’s a feeding frenzy now and hard to work out what is speculation or actual leaked information..
Andy Clayton1As someone who has switched to a heat pump and had my gas removed entirely, my initial reaction was “What!?”. But having read the article and the impact on the price ratio this change will give I totally get it now. If the policy mirrors the report recommendations then it makes a good deal of sense.
Makes sense to scrap standing charges on gas bills. It will reward people trying to use less. It's a redistributive policy but also one that could reduce gas use overall Will also help people switching to heat pumps who still occasionally use gas for cooking (currently over £100 p/a for the option)
Westerns UK1That would be 90% of my gas bill!
gavinlowe.bsky.social1They should also remove fixed charges on water bills, which reduce the incentive to reduce water use. The fixed charges are about half of my bill.
Neil Martin1How does this help people that only have electricity, which is tied to the gas price? Gas is still much cheaper than electricity so this is will discourage heat pumps.
The govt should be killing off standing charges on electricity not gas. Almost everyone has leccy. Accelerate the switch to fuel that doesn't require stuff to be burnt. It would be another reason to switch. This is a sop to the gas industry who will fondle the prices so consumers save nowt.
Paul Allen4Actually it's a good move, as it allows energy use to move to electricity, without any gas standing charge getting in the way. Gas unit prices will also go up, so the ratio between gas and electric should also get closer.
Oli Lane4The costs are being moved to the unit price of gas so that those who use more gas pay more. This is probably good for the transition, counter intuitively.
Andy Arthur💃🏰⚓🦌 Threadinburgh 🧵2About a quarter of households don't have gas - you're 100% right any discount needs to benefit all households rather than just a select fuel
msredvelvet2I shouted that at the radio this morning when I heard it only applied to gas.
Paul Allen2The case for abolishing the gas standing charge www.nesta.org.uk/feature/ener...
