A standing charge is a fixed daily amount that’s applied to your bill. The charge is based on the costs suppliers pay for providing your home with energy. It includes the operating and network costs we have to pay the companies who own the wires and pipes that carry your energy. This year their charges have increased by 39%. 

The standing charge also includes a levy of £68 per household per year. This amount is set by Ofgem, the UK’s energy regulator, to recover costs associated with the collapse of 29 energy suppliers this past year. This is known as the Supplier of Last Resort levy.