Business electric standing charge

[bigtime]

I have a few units that I use for storage and only use around 120kwh of electricity a year as hardly put the lights on. I know it's not going to save me a fortune but I am paying 60p per day standing charge on them. Does anyone know o, or are paying a much cheaper standing charge?

[Jon39]

Part of the reason for the huge increases in energy daily standing charges (particularly electricity) is;
1. Government incentives given for 'green' energy generation. The early ones were very generous.
2. Money paid to compensate for all the new energy providers who went bust.

I don't think it is very fair to recover those payments from electricty users.
Those (was it about 40?) failed energy firms offered cheap fixed term prices, with no consideration at all about matching such commitments, with future fixed price purchasing of electricity. Some of those firms were given licences even though many had insufficient capital and some were even based at the address of a private residence. When energy prices increased considerably, they found themselves committed to selling electricity at far lower prices than they could buy it. The idiots did not have any balancing futures contracts in place.

The regulator seems to have got away without any criticism or penalty. Just heap the bills on consumers.

After the Second World War, government handing out incentives seems to have become the norm.
By contrast, the British industrial revolution was funded by private entrepreneurs and investors. When it came to building railways, many of those private investors lost their money, but the railways were built.