Energy Standing Charge Reforms Could Worsen Affordability Crisis, MPs Warned
Energy sector leaders have told MPs that plans to reform standing charges could exacerbate the cost-of-living crisis for vulnerable households. According to testimony before the Energy Security and Net Zero Committee, the fundamental issue remains energy unaffordability rather than charge structure alone.
Standing Charge Reforms Face Criticism
Proposed changes to energy standing charges could potentially worsen the situation for struggling households rather than provide relief, according to reports from parliamentary testimony. Industry leaders appearing before the Energy Security and Net Zero Committee expressed concerns that the current direction of regulatory reform might not address the core affordability issues facing millions of customers.
