What is the energy price cap and how much are gas and electricity bills going up?

Although the overall cap has fallen since the highs seen in 2022-23, standing charges – a fixed daily amount which covers the costs of connecting to a supply – have not dropped.

These are typically 60p a day for electricity and 31p a day for gas, although they vary by region.

Campaigners, including the financial journalist Martin Lewis, have said these charges are unfair because they make up a disproportionately large part of the bill of low energy users.

Ofgem has outlined options to change the standing charge billing system and asked energy suppliers, consumer groups and household bill payers to give their views., external

This consultation closed on 20 September.

Separately, the regulator is also adding £28 to everyone’s bill between April 2024 and March 2025 to cover the cost of dealing with £3.1bn of debt that customers owe to suppliers.