Energy companies may soon be required to offer household tariffs free of standing charges as an alternative to existing ones, under plans by regulator Ofgem.
The watchdog is proposing that suppliers should have to offer "zero standing charge" tariffs alongside other tariffs by next winter, in a bid to tackle the growing issue of household energy debt.
It also wants to introduce new standards to make it easier for customers who are struggling to pay their bills to receive support.
Under Ofgem’s price cap, standing charges have increased by 43% since 2019, and from January will cost dual fuel households an average of £338 a year.
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