Octopus Energy customers to receive £676 in savings
New Ofgem regulations lead the way Consumers are celebrating as Octopus Energy announces a new plan that could see customers save up to £676 over two years. This significant step forward is tied to new regulations by Ofgem, the UK's energy regulator, which will mandate energy suppliers to provide "zero standing charge" tariffs, alongside their existing offerings. Starting in January, this shift promises substantial relief, particularly for households that use less energy. Here's what this ground-breaking initiative means for energy consumers - and just why it matters. The lowdown on standing charges Standing charges are fixed daily costs added to…