Updating post from Reddit.

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Posted by Professional-Exit007 1 week ago
Ofgem proposes introducing zero standing charge tariffs

Great for when properties are being refurbished.

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Posted by Jakes_Snake_ 1 week ago

And holiday homes, in between tenants.

The fixed costs are just moved onto the variable rate.

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Posted by Informal_Drawing 1 week ago

The costs would be moved onto every rate.

Sounds like a great plan to me.

If you have plenty of money it won't make the slightest bit of difference but if you're just scraping by it will be a huge benefit.

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Posted by Jakes_Snake_ 1 week ago

Can’t see how? Those scraping by will be still using a fair amount of energy, probably the average. You’ll need to be using something like 80% less than the average person to actually be better off without a standing charge. The ones that will benefit won’t be elderly or those scraping by but those with vacant property.

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Posted by Informal_Drawing 1 week ago

You're underestimating how little the average house uses compared to bigger buildings and industry.

There is nothing more heartbreaking than counting coppers to your next pay day and seeing your electricity meter keep taking money off you even when you're barely using anything at all.

Some people just can't afford it.

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Posted by Jakes_Snake_ 1 week ago

Zero standing charge won’t change that.

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Posted by Informal_Drawing 1 week ago

Not paying anything when you're not using energy seems like basic common sense to me.

It will absolutely and obviously change that.

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Posted by Kidney-Fiddler 1 week ago

Companies are obliged to wipe standing charges on zero use properties anyway. I think what the other dude is saying is, for a tariff to have zero standing charge, the supplier will 100% add this into how they bill you, just bundled to the price per kWh.

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Posted by Informal_Drawing 1 week ago

Of course they will, that's my whole point.

Did they think I was arguing for the cost to disappear into a black hole, I was not. While that would be nice that's not the way the world works unfortunately.

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Posted by Kidney-Fiddler 1 week ago

We're on the same page. As for not paying for no usage, that's already an OFGEM expectation for suppliers, you can't be billed for standing charges when there's no usage. Sadly, I don't think this change is intended for anyone other than landlords with property portfolios to reduce their admin, because ultimately consumers will still bare the brunt of these energy companies wanting exponential profit growth.

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Posted by 28Righthand 1 week ago

That’s about the only good thing with the Utilita prepay meter tariffs!

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Posted by ralaman 1 week ago

But more cost to whoever actually uses the electric/gas?

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Posted by 28Righthand 1 week ago

As I said “about the only good thing”… Overall value, ability to contact a person or get a faulty meter replaced when it double charges… ever getting a refund from them…not so good!

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Posted by Unusual-Usual7394 1 week ago

As it should be... 😅 pay to play my guy

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