Where your money goes

Energy price cap 1 October to 31 December 2026

Last updated .

The Ofgem energy price cap for 1 October to 31 December 2026 is £1,723 a year for a typical dual-fuel household paying by direct debit: electricity 26.32p a kWh plus 54.83p a day, gas 7.97p a kWh plus 29.68p a day.

Rates for this period

Ofgem price cap, 1 October to 31 December 2026
FuelUnit rateStanding charge
Electricity26.32p54.83p a day
Gas7.97p29.68p a day

VAT on domestic electricity is zero from 1 October 2026 to 31 March 2027; gas stays at 5%.

Every cap period

Ofgem typical annual dual-fuel bill, direct debit
PeriodCapPaid under the guarantee
Oct 21£1,277
Apr 22£1,971
Oct 22£3,549£2,500
Apr 23£3,280£2,500
Jul 23£2,074
Oct 23£1,834
Jan 24£1,928
Apr 24£1,690
Jul 24£1,568
Oct 24£1,717
Jan 25£1,738
Apr 25£1,849
Jul 25£1,720
Oct 25£1,755
Jan 26£1,758
Apr 26£1,641
Jul 26£1,862
Oct 26£1,935

For what the cap does and does not cover, see the energy price cap explained.