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Richer UK households could pay more for their electricity, says regulator

  • Higher earners may face increased energy bills under new proposals from Ofgem to fund network upgrades.
  • Ofgem is reviewing the current standing charge system, which applies equally to all households, to make it more equitable.
  • The proposed changes could lead to lower-income households saving money while higher energy users might face increased costs.
  • Consultation with industry leaders will occur over the summer, with a final decision on changes expected after 2025.
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Financial Times broke the news in London, United Kingdom on Tuesday, April 15, 2025.
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