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  • The move aims to end an 'unfair and outdated' practice.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.
Standing charges on UK gas bills to be scrapped for 23 million homes | Split Angle