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Old 25-02-2022, 21:32   #580
Chris
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Re: Energy companies collapse

Quote:
Originally Posted by nomadking View Post
Ofgem are responsible for that. Changing the standing charge price cap for electricity from 25p to 45p.
Link
Standing charges vary around the country because (in theory at least) they reflect the differing costs levied by the regional DNOs. Mine is SSE, whose northern Scottish network is unsurprisingly one of the most expensive ones. The price cap on the standing charge must be variable seeing as ours is going well north of 45p.

(Edit) the rates on the Ofgem website are averages, not absolute, and do indeed vary by DNO and meter type.
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