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Is Now the Right Time to Switch Your Energy Tariff?

The official Ofgem price cap for 1 October–31 December 2026 is £1,723 a year for a typical dual-fuel Direct Debit household (2,500 kWh electricity and 9,500 kWh gas). That is 4% / £60 higher than July–September 2026 (£1,663). Ofgem published it on 26 August 2026.

April–June 2026 was £1,641. That figure is historical. It is not the current cap.

A fixed tariff locks the unit rate you agree. Compare that annual total with the £1,723 illustration at your own usage.

Ofgem announces the January–March 2027 cap on 25 November 2026. No later quarter is set.

Helpful Energy Guides

How do I switch my gas supplier?

£1,723

typical dual-fuel Direct Debit, 1 October–31 December 2026.

The energy price cap is

26.32p

per kWh

with a standing charge of 54.83p per day (0% VAT).

On the October–December 2026 cap, electricity costs

92%

of households remain on Standard Variable Tariffs.

In the UK, an estimated

£186

is an illustration only. Your saving depends on usage and the written quote, not the £1,723 typical bill.

Save up to

What should I consider when comparing energy tariffs and suppliers?

Should I choose a fixed or variable energy tariff?

A fixed tariff locks the unit rate you agree for the contract term. A variable tariff follows the Ofgem cap. For October–December 2026 the typical dual-fuel Direct Debit figure is £1,723. Compare a written quote at your own usage.

Are there any exit fees on energy tariffs?

What is a dual fuel deal and is it cheaper?

How long does it take to switch energy suppliers?

How to Find the Best Energy Tariff and Change Supplier Hassle-Free

Switching your energy supplier is simpler than you think. Here's how it works in three easy steps.

Share a few quick details

Tell us about your home, current energy supplier, and how much energy you use, it only takes a few minutes to get started.

We'll compare the best deals

We search trusted energy suppliers to find you competitive rates, check if it's fixed or variable and look out for any exit fees.

Switch easily and start saving

Once you confirm your switch, your new supplier will handle the whole process. Prefer to wait? Sign up for price alerts so we can notify you when better deals arrive.

FAQs

How do I find the cheapest energy tariff?

Use our comparison tool to enter your postcode and current usage. We'll show you all available tariffs ranked by annual cost, so you can see exactly how much you could save.

Can I switch if I'm in debt to my current supplier?

What happens to my credit when I switch?

Do I need a smart meter to switch?

Energy price cap illustration

What is the Energy Price Cap?

The energy price cap is the maximum amount that energy suppliers in Great Britain can charge domestic customers on default (standard variable) tariffs per unit of gas and electricity used. It is set by the regulator Ofgem and reviewed every three months.
The cap does not limit your total bill, it limits the unit rate and standing charge you pay. So if you use more energy, your bill will still be higher. The cap is based on the energy use of a typical household.
For 1 October–31 December 2026 the typical dual-fuel Direct Debit figure is £1,723 (2,500 kWh electricity and 9,500 kWh gas). July–September 2026 was £1,663. The April–June 2026 cap of £1,641 is historical.
Household covered by the energy price cap

Am I Covered by the Price Cap?

The energy price cap applies to households in England, Scotland, and Wales who are on a default or standard variable tariff. This includes most people who have never switched supplier or whose fixed deal has ended.
Prepayment meter customers are covered by a separate version of the cap. Customers in Northern Ireland, the Channel Islands, and the Isle of Man are not covered by Ofgem's price cap.
If you are on a fixed-rate tariff, the price cap does not directly apply to you, your rates are fixed until your deal ends. However, when your fixed deal expires, you will typically move onto your supplier's standard variable rate, which is then subject to the cap.

What's the Average Cost of Energy in the UK?

October–December 2026 national Direct Debit averages for England, Scotland and Wales, published by Ofgem on 26 August 2026:

1
26.32p per kWh for electricity, with a daily standing charge of 54.83p (0% VAT until 31 March 2027).
2
7.97p per kWh for gas, with a daily standing charge of 29.68p (includes 5% VAT).
Published Ofgem price cap levels

Published Ofgem Price Cap Levels

These are Ofgem's published typical dual-fuel Direct Debit figures. They are not forecasts.

October–December 2026 is £1,723, up 4% / £60 from £1,663 in July–September. The April–June 2026 figure of £1,641 is historical.

Ofgem announces the January–March 2027 cap on 25 November 2026. No later quarter is shown here.

Period
Typical Direct Debit bill
Status
1 April–30 June 2026
£1,641/year
Historical
1 July–30 September 2026
£1,663/year
Published, now past
1 October–31 December 2026
£1,723/year
Current
Not quite ready to switch? No worries, sign up for price alerts instead!

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What other energy tariffs can I compare?

Fixed Rate Tariffs

Lock in a set unit rate for a fixed period, typically 12 to 24 months. Great for budgeting and protection against price rises, though you may pay exit fees if you leave early.

Electricity-Only Tariffs

If your home is not connected to the gas network or you have switched to an electric heating system, an electricity-only tariff gives you full control over your electricity costs without bundling in gas.

Dual Fuel Tariffs

Manage both your gas and electricity with a single supplier on one bill. Dual fuel deals can sometimes offer a small discount and simplify your energy management, though it's worth comparing against separate deals.

Green Energy Tariffs

Choose a tariff backed by renewable electricity or certified green gas. Some suppliers match 100% of your usage with energy from renewable sources, helping to reduce your household carbon footprint.

Homeowner taking steps to lower energy bills

Effective Ways to Lower Your Energy Bills

Beyond switching supplier, there are practical steps you can take to cut your energy consumption and reduce your bills. Simple changes — like switching to LED bulbs, draught-proofing your home, and using appliances during off-peak hours — can add up to meaningful savings over a year.
Insulating your loft and walls can significantly reduce heat loss and lower the amount of gas or electricity needed to heat your home. Government schemes such as the Great British Insulation Scheme may be able to help with the cost if you qualify.
A smart meter gives you real-time visibility of your energy use, making it easier to identify where you're spending the most and adjust your habits accordingly. Most suppliers offer smart meters at no extra charge.

Unlock Rewards, Cashback, and Free Days Out with Us!

£50

average cashback reward on qualifying switches.

Earn up to

2x

reward points on every switch made through our platform.

Collect

£10

supplier gift card only when the live deal includes one.

Receive a

Free

days out for families at selected UK attractions when you switch.

Enjoy

Need Help with Bills?

What help is available if I can't afford my energy bills?

If you're struggling to pay your energy bills, contact your supplier directly, they are obligated to offer you a repayment plan you can afford. You may also be eligible for the Warm Home Discount, Cold Weather Payment, or Winter Fuel Payment depending on your circumstances.

What is the Warm Home Discount?

Can I get help with my energy bills if I'm on benefits?

What is the Priority Services Register?

What should I do if I can't pay my prepayment meter debt?

Typical Energy Consumption for a UK Household

The medium row is Ofgem's October–December 2026 typical dual-fuel Direct Debit (2,500 kWh electricity / 9,500 kWh gas). Small and large rows are illustrative, not official cap totals.

Household SizeAnnual Electricity (kWh)Annual Gas (kWh)Typical Annual Bill
Small (1–2 people)1,800 kWh7,500 kWh~£1,100
Medium (Ofgem TDCV)2,500 kWh9,500 kWh~£1,723
Large (4+ people)4,100 kWh17,000 kWh~£2,600

← Swipe to see all columns →

Energy FAQs

How often is the energy price cap reviewed?

The energy price cap is reviewed by Ofgem every three months. Changes take effect in January, April, July, and October. Ofgem publishes the new cap level around six weeks before it comes into effect.

What is the difference between a unit rate and a standing charge?

Is it worth switching energy supplier every year?

Can I switch if I rent my home?

What is a smart export guarantee (SEG)?

Can I switch to a green energy tariff?

How do I complain about my energy supplier?

How We Work

How does Switch make money?

Switch is a free comparison service for consumers. We earn a referral fee from energy suppliers when you switch through our platform. This does not affect the price you pay, the tariff prices you see are the same as going directly to the supplier.

Are the energy deals on Switch exclusive?

How do I know the comparison results are accurate?

Is my data safe with Switch?

What happens after I submit my switch?

Can I cancel a switch after I've confirmed it?

Do you cover all areas of the UK?

Can I compare business energy on Switch?