Quote:
Originally Posted by Chris
Octopus is reducing unit rates and freezing standing charge for both gas and electric.
(Attached - electricity is the one with 60p standing charge)
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How nice of them to freeze zero usage fees at £1 a day.
---------- Post added at 19:08 ---------- Previous post was at 19:05 ----------
Quote:
Originally Posted by TheDaddy
Wouldn't it be better to put the unit cost up and the standing charge down to encourage less use
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A fair few of us have been arguing this on social media, but its on deaf ears.
Ofgem have been moving various industry costs from unit to SC deliberately for their own reasons (likely political), but in addition the industry is likely fighting with customers who are reducing their usage, so shifting costs to SC acts as revenue protection.