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Gas bill standing charges to be scrapped for millions, chancellor says ahead of Budget
The Treasury says 60% of households will save an average of £45 a year as fixed gas costs move into unit rates.
- On Wednesday, Chancellor John Healey announced he will scrap gas standing charges in his Budget this afternoon, aiming to provide 'breathing space' for households and make the energy system fairer.
- Standing charges currently add a fixed daily fee of around £108 per year to bills regardless of usage; the Treasury described these charges as 'unfair and outdated' and plans to shift costs to the unit rate.
- Treasury estimates suggest 60% of households will save an average of £45 annually, and regulator Ofgem has been asked to remove these fixed fees 'in 2027 or as soon as possible after' for around 23 million homes.
- Prime Minister Andy Burnham endorsed the move as 'basic fairness,' and Healey will present these fiscal plans to the Commons today at approximately 12:30 PM, following Prime Minister's Questions.
- The Budget also includes a fuel duty freeze, a crackdown on online retailers, and a levy on banks, while Healey is not expected to meet the 3% of GDP defence spending target he previously advocated.
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32 Articles
32 Articles
Healey scraps ‘unfair’ standing charges from gas bills
John Healey has said he will scrap “outdated and unfair” standing charges from gas bills, in a move which could save households £45 per year. The Chancellor said these fees – which are charged on top of the daily rate to cover the cost of connecting to a supply – are part of “an energy [...]
·London, United Kingdom
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UK’s Healey says he will help households by scrapping fixed gas charges
British finance minister John Healey said he would help most households with their gas bills by enabling those who use the least to pay less as part of his first budget which is due to be announced in full later on Wednesday. Healey – who has promised to give “breathing space” to families hit by […]
·Nicosia, Cyprus
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Coverage Details
Total News Sources32
Leaning Left6Leaning Right3Center20Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
L 21%
C 69%
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