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Standing charges on energy bills have increased by 55% since April 2021 – up 107% on electric and 8.2% on gas for direct debit customers – according to new research from EDF.
Senior Journalist, covering the Credit Strategy and Turnaround, Restructuring & Insolvency News brands.
At the same time, current schemes like the Warm Home Discount haven’t increased since before the energy crisis – despite energy bills being almost double. In addition to this, the number of EDF residential customers with an unsecured debt has increased by 36% since the beginning of the year.
In response to these findings, the energy company is calling on both Ofgem and the government to review the distribution of costs between unit rates, standing charges and general taxation.
EDF’s managing director for customers Philippe Commaret added: “Many costs could potentially be better collected through other means, that also better support net zero. We cannot afford to offer this support unilaterally indefinitely, which is why we a calling for a review.
“Vulnerable customers also need a new social tariff to provide long-term, targeted support for those 6.6 million people living in fuel poverty. Two years of energy crisis have demonstrated the urgency to ensure clean, secure and affordable energy for Britain’s homes and businesses for the long term.”
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