Nesta Says Scrapping Gas Standing Charge Would Benefit 86% of Poorest Households

Bitget2026/10/21 15:02

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Nesta backed abolishing the gas standing charge as the UK government considers the move.
The proposal would save a typical dual-fuel household £27 annually at no cost to the Treasury, according to Nesta.
An estimated 86% of the poorest households would benefit, compared with 24% of the wealthiest.
Director Madeleine Gabriel said shifting standing charges onto gas unit rates would help lower-income households and support switching to low-carbon technologies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nesta Investment Management LLP published the original content used to generate this news brief on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nesta Says Scrapping Gas Standing Charge Would Benefit 86% of Poorest Households

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