Finance4 sources
Standing charges on UK gas bills to be scrapped for 23 million homes
- Chancellor John Healey announced the removal of standing charges on gas bills for 23 million homes.
- This change is expected to take effect in 2027 or soon after.
- Standing charges are fixed daily fees applied separately to gas and electricity bills.
- The move aims to end an 'unfair and outdated' practice.
- Households are expected to save an average of £45 per year.
Articles (5)
The Guardian·
City welcomes reports Healey will reverse cuts to cash Isa allowance in the budget – business live
BBC News·
What the changes to gas bills mean for you
The Guardian·
John Healey to end standing charges on gas bills for 23m homes
The Independent·
Gas bill standing charges to be scrapped for millions, Treasury says ahead of Budget
Bloomberg·
Healey to Scrap UK’s Standing Charges on Gas Bills