The bosses of Centrica and E.On have called for sweeping reforms to how consumers’ energy bills are calculated as prices have continued to increase over recent years. The chief executives of both energy providers told MPs the new measures would help support poorer consumers. They are aiming to introduce a social tariff which would see the industry and the Government subsidise reducing bills for low-income households. This measure would see the abolition of standing charges, which are applied daily, regardless of how much energy the customer uses. They are also used to cover the cost of supplyi…
