Energy Tariffs

If you’re on a standard tariff, you’ll be paying a unit rate set by the Energy Price Cap. The Energy Price Cap rates are the maximum amount you’ll pay per unit of gas or electricity. The Price Cap increased by 0.2% on average from 1st January 2026.

The price you pay is dependent on how you pay and the area of the UK you live in.

For more information, see Money Saving Expert.

The following rates are the capped Energy Price Cap unit rates for payment by direct debit for households in the South West from 1 January to 31 March 2026:

Electricity Unit rate: 28.16p per kWh / Standing charge: 55.11p per day

Gas Unit rate: 6.15p per kWh / Standing charge: 34.71p per day

From 1 January 2026, a typical dual-fuel household paying by direct debit will pay £1,758/year, which means average bills will rise by 0.2%.

According to forecasts, rates under the Energy Price Cap may fall later in the year. It’s important to consider if you will make any significant savings in switching before the next Energy Price Cap rate changes.

1. Check your current supplier's fixed energy deals. See how the fixed rate compares with the current Energy Price Cap rate.
2. If you can find a fixed rate that’s at least 5% cheaper than the January Price Cap*, then it may be worth considering switching if you value price certainty or if you’re thinking of switching due to customer service issues.
3. Check with your current supplier if there are any exit fees to pay if you end your contract early.
4. If you are at all uncertain, contact your energy supplier to discuss your options.

*information correct as of 12 February 2026

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