standing charges on gas bills, USA News: Standing charges on gas bills will be scrapped from next year for around 23 million homes, the Treasury has announced. The charges are a fixed daily fee added to bills, regardless of how much gas a customer uses, and cost around £108 per year for a typical household.
The Treasury said Chancellor John Healey will ask regulator Ofgem to remove standing charges “in 2027 or as soon as possible after”. Healey is scheduled to deliver his first Budget in the Commons on Wednesday afternoon and stated that the change will give families “breathing space” and make the energy system fairer.
Budget Day Preparations in Parliament
Prime Minister Andy Burnham and Chancellor of the Exchequer John Healey have spent months planning the upcoming fiscal statement. All eyes will be on the Commons following Prime Minister’s Questions, where Healey will outline his financial plans for the year ahead.
Ahead of the address, the Treasury confirmed the policy shift regarding energy bills, providing an early insight into the Chancellor’s broader economic strategy.
