61% of my energy bill is now standing charges

61% of my energy bill is now standing charges

My latest Octopus statement (11 June – 10 July) says they charged me £43.46 for a month of dual-fuel energy. Sounds fine — until you look at what that money actually bought.

ComponentAmount% of bill
Electricity standing charge (30 × 55.79p)£16.7438.5%
Gas standing charge (30 × 32.64p)£9.7922.5%
Total standing charges£26.5361%
Electricity I actually used£16.3937.7%
Gas I actually used~£0.54~1.2%

61% of my energy bill is now standing charges. I paid £26.53 for the privilege of having two meters, and £16.93 for every unit of energy I consumed in a month.

This is what happens when the charge planner does its job too well. Solar covers the daytime. The battery charges in the cheapest half-hour slots — sometimes at negative prices, where Octopus pays me to charge — and carries the house through the expensive evening peaks. Consumption cost gets squeezed and squeezed… and what’s left standing is the one line item no optimiser can touch: the fixed daily fee.

The electricity side I’ll accept — 55.79p/day buys a grid connection that I actively arbitrage against. The gas line is harder to defend: £9.79 a month of standing charge to burn 54p of gas. The boiler is basically a winter appliance; in summer I’m paying an 18:1 ratio of fee to fuel.

The uncomfortable arithmetic for the industry: as more homes get solar, batteries and smart tariffs, bills increasingly become subscriptions with a rounding error of energy on top. The optimisation that regulators say they want us doing makes the fixed fee the whole bill.

How it changes through the year

That 61% is a summer number. Pulling every half-hour of consumption from the last twelve months out of the planner’s database, here’s the electricity-only standing share, month by month:

MonthkWhUsageStandingStanding %
Aug 25158£21.61£13.8839%
Sep 25142£14.13£13.4349%
Oct 25179£19.80£14.5942%
Nov 25185£28.28£14.1233%
Dec 25191£27.93£14.5934%
Jan 26158£29.57£14.8133%
Feb 26128£18.24£13.3742%
Mar 26176£24.48£14.8138%
Apr 26223£8.73£15.8364%
May 26131£25.34£16.8840%
Jun 26144£17.49£16.3448%

Two things jump out. Even in the depths of winter — battery working hardest, days shortest — the standing charge never drops below a third of the electricity bill. And April 2026 is the punchline: the sunniest month used the most electricity (223 kWh) at the lowest cost (£8.73 — under 4p/kWh average, thanks to plunge charging), driving the standing share to 64%. The better the month, the more the bill is just the fee.

Meanwhile the planner keeps grinding: this month it charged 1,042 kWh into the battery at an effective 11.69p/kWh lifetime average, and the account is still £42.94 in credit.

Thinking of switching energy supplier? We both get £50.

Switch to Octopus Energy →