Octopus energy statement after power bill standing £338 charge …

P ower giant Octopus has issued a statement after changes were announced to the £338 standing charge. Energy firms will have to offer household tariffs free of standing charges as …

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Octopus Energy Statement After Power Bill Standing £338 Charge …

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P ower giant Octopus has issued a statement after changes were announced to the £338 standing charge. Energy firms will have to offer household tariffs free of standing charges as …

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Octopus Energy Customers Handed £676 Boost After Standing …

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Dec 17, 2024 · Octopus Energy customers are in for a treat as they could see up to £676 slashed from their yearly energy bills. This comes after a decision to scrap the daily standing charge …

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Octopus Energy Statement After Power Bill Standing £338 Charge …

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Dec 18, 2024 · Power giant Octopus has issued a statement after changes were announced to the £338 standing charge. Energy firms will have to offer household tariffs free of standing …

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Octopus Takes Stand Against Standing Charges With £40m Package

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Sep 17, 2022 · This standing charge support package for all customers will cost Octopus Energy around £30 million a year. The company’s “standing charge holiday” package will see up to …

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FAQs about Octopus energy statement after power bill standing £338 charge … Coupon?

Could Octopus Energy customers get £676 slashed?

Octopus Energy customers are in for a treat as they could see up to £676 slashed from their yearly energy bills. This comes after a decision to scrap the daily standing charge for those on a new tariff, a relief for consumers amidst the cost-of-living crisis. ...

How much does Octopus Energy cost?

Octopus Energy’s customers will be paying 44.71p per day for electricity and 26.84p per day for gas from 1 October, saving dual fuel customers around £12 per year. This standing charge support package for all customers will cost Octopus Energy around £30 million a year. ...

Does octopus charge for gas?

Octopus not charging for gas, only electricity. We moved to our current home in Q2 this year and brought over our Octopus energy contract from our previous home. However, Octopus has not billed us for gas since we moved in even though we are being billed for electricity. We emailed customer care who last said that they were ‘investigating.’ ...

What is octopus''standing charge holiday' package?

The company’s “standing charge holiday” package will see up to 100,000 customers in need have their standing charges for electricity and gas reduced to zero for 1, 3 or 6 months depending on personal circumstances, bringing Octopus’ total standing charge support package to £40 million. ...

Will octopus be able to reduce standing charges?

London, 17th September 2022 - In addition to the huge support from government to reduce unit rates, Octopus is beginning the battle against standing charges. All customers on Octopus's standard variable tariff - "Flexible Octopus" - will automatically receive a 4% reduction in standing charges compared to Ofgem's price cap. ...

Are standing charges higher than the price cap for flexible octopus?

We also kept standing charges 4% lower than the price cap for customers on Flexible Octopus, and chose not to increase them at all with the October 2023 price cap. Everything you need to know about daily standing charges. ...