Ofgem announces plans for major update - have your say
- Energy suppliers will be required to offer tariffs with low or no standing charges starting in winter 2025/26, according to Ofgem's latest plans.
- Ofgem's consultation on implementing these tariffs began and will end on March 20, 2025, following their proposal from last year.
- Ofgem has cautioned that high energy users might face rising costs if standing charges are shifted to unit rates.
- Charlotte Friel stated that Ofgem aims to provide tariff options that minimize bills while protecting vulnerable consumers from potential price increases.
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