Island Energy: No plans to remove gas standing charge

Source: BBC ·

Island Energy: No plans to remove gas standing charge

The provider said any change would need support from the community, the regulator and government.

From the source

The Islands Energy Group is the primary gas utility and energy service provider in all three crown dependencies The company which provides energy to households on the Isle of Man said it has no plans to change the charging structure, following announcements in the UK Autumn Budget regarding the removal of standing charges. On Wednesday, Chancellor John Healy announced the removal of standing charges - fixed daily fees paid regardless of usage - from household gas bills in England, Scotland and Wales, with costs added to the unit rate instead. Island Energy said any proposed changes would be subject to consultation with the Communications and and Utilities Regulatory Authority (CURA) on the island. A spokesperson warned removing standing charges may benefit some customers but could see others pay more. "The cost currently covered by the standing charge would instead be recovered through the unit price of energy," explained an Island Energy spokesperson. "This means customers who use…

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