My understanding now is the standing charge increases are in part due to £££ being paid from the SOLR scheme, which the standing charge funds, amongst other things, like suppliers access to the grid.
https://www.ofgem.gov.uk/publications/faster-solr-levy-process-consents-last-resort-supply-payments
Basically paying for the failures of bust suppliers.
This was my understanding, a chunk of it goes to refilling the coffers.
@BrickMan started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
My understanding now is the standing charge increases are in part due to £££ being paid from the SOLR scheme, which the standing charge funds, amongst other things, like suppliers access to the grid.
https://www.ofgem.gov.uk/publications/faster-solr-levy-process-consents-last-resort-supply-payments
Basically paying for the failures of bust suppliers.