The information below relates to the energy price cap. Contact your supplier for personalised information.Īverage standing charges for customers on default tariffs will remain capped in line with the levels set for the default tariff cap from 1 October for a typical dual fuel customer paying by direct debit.

*Rates are averages and will vary by region, payment method and meter type. The table below shows the average capped rates for a customer with typical usage paying by direct debit on a default tariff.Ĭustomer with typical usage, paying by direct debit*Įnergy Price Guarantee - From 1 October 2022 The £2,500 figure is based on a household with typical consumption on a dual electricity and gas bill paying by direct debit. Energy suppliers will be fully compensated by the government for the savings delivered to households.įor an individual customer, the amount paid under the Energy Price Guarantee will vary depending on how much energy they use, where they live, how they pay for their energy and their metering arrangement. On average usage a household will save £1,000 a year (based on current prices from October). This new scheme will reduce the unit cost of electricity and gas so that a household with typical energy use in Great Britain pays, on average, around £2,500 a year on their energy bill, for the next 6 months.

To help protect consumers, the Government has announced the Energy Price Guarantee which comes into effect on 1 October 2022. In light of the recent increase in the cost of wholesale gas, the price suppliers need to charge per unit of energy has gone up significantly.

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