Reform UK Energy Standing Charges

Summary

Shift all non-infrastructure costs off electricity standing charges onto company profits or general taxation. Require Ofgem to separate policy levies from true network costs, make suppliers absorb bailout and policy expenses, and ensure foreign-owned firms reinvest profits into UK infrastructure. We believe households are being forced to pay for supplier failures, policy levies, and network costs that should come from company profits or taxation. Electricity standing charges hide these costs and tend to hit low-use and solar homes hardest. Foreign-owned firms extract profit from UK households while reinvesting less back. Parliament must shift these costs off consumers, make companies fund their own failures, and restore fairness to the system.

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