Increased bills for higher earners could fund UK energy upgrade, Ofgem says

Increased bills for higher earners could fund UK energy upgrade, Ofgem says

Regulator to consult industry on how to recover network costs via standing charge in a ‘more progressive’ way

Wealthier households could be made to shoulder higher costs for running and upgrading the UK’s network of energy cables and pipes to help low-income bill payers under new plans to be considered this summer.

The proposals could mean that high-income households will pay more via the standing charge on their energy bills, while those who are not in work or are on low pay are charged a discounted rate.

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