[Kayeex]

If the elec standing charge cap is 45p per day from 1st April, how can eon be charging 48p? which is what it says my new tarriff will be

[meldrewreborn]

The electricity price cap standing charge varies by region -there is not one rate for the whole country. There is though a national rate for the gas standing charge.

The annual figure varies between £112 and £179 (london to south west).

the figures are here

Default tariff cap level - 1 April 2022 - 30 September 2022 (2).pdf

[Mez]

I was wondering the same thing the standing charge is almost 49p. If you look on the ofcom site it says that the cap is 45p. I am going to get in touch with them on Monday to query this.

[meldrewreborn]

@Mez

The problem Is that there are lots of standing charges, for each region, each method of paying and quoting a "typical" or "average" rate leads to confusion, because we're individuals.. The maximum electricity standing charge varies from 32p to almost 52p if you pay by direct debit. Suppliers can if they wish charge less, but its not in their interest to do so.

[Mez]

So why does it say on the Ofcom site that the cap for electricity standing charge is 45p?

[theunknowntech]

45p is the current national average for the April 2022 to October 2022 period. It should not be considered as the de facto price cap for every region combined, more of a median average than anything else.