| Metric | Value | What it means |
|---|---|---|
| Typical electricity usage | 2,500 kWh/year | Typical annual electricity consumption used in Ofgem's price cap calculations |
| Typical gas usage | 9,500 kWh/year | Typical annual gas consumption used in Ofgem's price cap calculations |
| Electricity unit rate | ~26.11p per kWh | Ofgem price cap electricity unit rate (standard variable tariff) |
| Gas unit rate | ~7.33p per kWh | Typical gas unit rate under the current Ofgem Energy Price Cap |
| Standing charges | Electricity: ~57.19p/day Gas: ~29.04p/day |
Daily fixed charges for electricity and gas. Actual charges vary by region |
| Data period | 1 July 2026 – 30 September 2026 | Current Ofgem Energy Price Cap period. |
The price cap limits the maximum unit rates and standing charges on default tariffs (including standard variable and prepayment tariffs). It does not cap your total bill, which will depend on your tariff and how much energy you use. The energy price cap does not apply in Northern Ireland.
Energy exit fees are charges that some suppliers apply if you leave your tariff before your contract ends. These fees are most commonly associated with fixed-rate energy tariffs, where you've agreed to stay on a particular deal for a set period, such as 12, 18 or 24 months. If you're on a Standard Variable Tariff (SVT), there's usually no fixed end date, so you can switch energy supplier whenever you like without paying an exit fee. For fixed-term tariffs, many suppliers won't charge an exit fee if you're switching within the final 49 days (seven weeks) of your contract. This is known as the switching window and gives you the opportunity to secure a new energy deal before your current tariff expires.
The CreditKnowledge energy comparison and switching service is provided by Switchcraft, a trading name of Hazelnut London Ltd who are registered in England and Wales (Company No. 10369814). Registered Office: 14 Meredyth Road, London, England, SW13 0DY. Hazelnut London Limited is independent from MediaBlanket Ltd t/a CreditKnowledge. You may find out more about Hazelnut London Ltd at their website, including their Terms and Privacy Policy.
*The £1,862 figure is based on Ofgem's price cap for a typical household paying by Direct Debit and using average annual gas and electricity consumption. The price cap limits the maximum unit rates and standing charges on eligible tariffs but does not cap your total energy bill. Your actual costs will depend on your tariff and energy usage. The price cap does not apply in Northern Ireland. Savings are not guaranteed and will depend on your current tariff, energy usage and the deals available for your property.