No Standing Charge Electricity

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No Standing Charge Electricity

What is a standing charge?

A standing change is a price that is paid each day by the consumer irrespective of the amount of electricity they have or will use. The charge is fixed but varies depending on whether it is credit or a prepayment meter. This standing charge can be seen as a daily connection fee on top of your usual electricity prices.

What is No Standing Charge Electricity?

Some suppliers offer No Standing Charge Electricity ; this is the option where you do not pay a standing charge, however instead you may pay higher rates for your electricity. For some people this option works out cheaper.

What is the need for standing charges?

Standing charges can be seen as the connection cost, connecting you to your electricity supply. The charge also allows the supplier of your electricity or indeed gas to be able to send out services for maintenance and meter readings.

Some suppliers give their customers the option to have a no standing charge.

No standing charge

If you have No Standing Charge Electricity, the case is usually that you pay a higher price for a certain amount of electricity, after this has been consumed; you then pay a lower price for the rest of the electricity that you consume. This kind of pricing is sometimes known as a “two tier tariff” due to the fact there are two prices that you pay; one higher price and then a lower one on top.

Deciding whether you should opt for a standing charge or no standing charge should be a decision that allows you to save money. If you only need electricity for a short amount of time each day, a standing charge can mean you pay a large amount and then your usual energy prices, in this case it may be better to opt for No Standing Charge Electricity and even though the charge is essentially disguised in your first set of higher fees, you will only be paying for the electricity you use.

A larger business may benefit from a standing charge if using a lot of electricity as they will be able to take advantage of the low electricity tariff after the initial standing charge.

The best way to decide if you would benefit from a standing charge is to look at your current electricity bills. The way these figures look can give an indication as to which tariff you would most benefit from. At business electricity Prices our team of experts can help with this decision, with the details you provide us with, we can find the best tariffs and options to suit your business needs.

To help us to help you we ask you to simply fill in your details on our website, we ask for your S number, your annual electricity consumption and electricity supplier. We can discuss this further and in more detail with a phone call. You can call us directly on 0208 702 0698 or send an online query and we will contact you.

Not only can we help you to save money in regards to standing charges but we could also find you better electricity prices with other suppliers. We can help to secure a new contract for you at lower prices as early as 4 months prior to your current contract end date. The quotes we may be able offer to you could be lower than your current contract supplier will offer. As we search suppliers from all over the country we will be sure to find you the best deals around. All of these little changes mean that you will save a lot in the long run.

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RWE npower announces sale of subsidiaries to Utility Warehouse.

• Deal enhances competition in the domestic energy supply market; Npower Limited will sell Electricity Plus and Gas Plus subsidiaries to Telecom Plus by share sale for £218m• On completion, over 770,000 customer accounts will cease to be included by npower within its reported customer numbers. However, these customers will see no change in their service or contracts, and will continue to be sup

20th November 2013