This page shows the cap for 1 Oct – 31 Dec 2026, which is not the current period. See current London rates
London
Ofgem price cap, 1 Oct – 31 Dec 2026
London · paying by Direct Debit
LONDON · DUAL FUEL · MEDIUM USE
£142 a month
£1,706 a year
£267 a year before you use anything
(16% of the bill)
Price cap 1 Oct – 31 Dec 2026 · Ofgem data
capwatch.uk/r/london/2026-q4
Estimate only, based on Ofgem's price cap and typical use. Not financial advice.
Direct Debit rates
| Fuel | Unit rate | Daily standing charge |
|---|---|---|
| Electricity | 26.60p/kWh | 42.92p/day |
| Gas | 8.15p/kWh | 30.20p/day |
Gas includes 5% VAT. Electricity has no VAT from 1 Oct 2026 to 31 Mar 2027.
Your standing charge is 11.91p a day below the GB average.
Prepayment rates
| Fuel | Unit rate | Daily standing charge |
|---|---|---|
| Electricity | 25.78p/kWh | 42.92p/day |
| Gas | 7.90p/kWh | 30.20p/day |
Gas includes 5% VAT. Electricity has no VAT from 1 Oct 2026 to 31 Mar 2027.
Your standing charge is 11.91p a day below the GB average.
Share a specific card
- Gas and electricity, medium use, Direct Debit
- Gas and electricity, medium use, prepayment
- Electricity only, medium use, Direct Debit
- Electricity only, medium use, prepayment
Permanent link to these figures: /r/london/2026-q4
Sources
- Ofgem Benchmark Maximum Charges, period 17a (retrieved 22 September 2026)
- Ofgem: Changes to energy price cap between 1 October and 31 December 2026 (retrieved 22 September 2026)
- Ofgem: Summary of changes to energy price cap, 1 October to 31 December 2026 (retrieved 22 September 2026)