Chancellor announces major energy billing shake-up, with 60% of households expected to save an average of £45 annually as fixed charges move onto gas usage rates. Share Millions of households across Britain are set to see a major change to their energy bills after the Chancellor announced plans to abolish standing charges on domestic gas supplies, potentially saving families money as the cost of living continues to place pressure on household finances. The announcement, made on Wednesday, 28 October, is expected to affect approximately 23 million homes. According to the Government, around 60% of households could save an average of £45 a year under the proposed changes. Standing charges are fixed daily fees added to energy bills regardless of how much gas or electricity a household consumes. Even properties using little or no gas must currently pay the charge, which averages approximately £108 annually for a typical gas customer. However, while t...
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