Latest Domestic Energy Tariffs in the UK
Compare gas and electricity tariffs, understand rates and charges, and switch with confidence. Energy Plus makes finding a great-value home energy deal simple.
- See fixed, variable, smart and green tariffs
- Understand standing charges and unit rates
- Fast, online quotes tailored to your usage
No interruption to supply • Secure process • Takes minutes
Understanding UK Domestic Energy Tariffs
In the UK, your home energy bill is determined by your tariff, which sets how much you pay to your supplier for each kilowatt hour (kWh) of electricity or gas you use, plus a daily standing charge. The right tariff for you depends on your usage, meter type, location, and whether you prefer price certainty or flexibility.
Two main costs
- Unit rate (p/kWh) — what you pay for each unit of energy used.
- Standing charge (p/day) — a daily cost to maintain your connection.
Other things to check
- Contract length and exit fees
- Payment method (Direct Debit often lower)
- Online billing discounts or perks
Smart meters
Smart meters support accurate billing and unlock time-of-use tariffs that reward off-peak usage.
Note: Actual rates vary by region, usage, meter type, and supplier. Always check the full tariff information label (TIL) before switching.
Latest UK Tariff Types Explained
Suppliers offer a range of tariffs designed for different homes and habits. Here’s how the most common options compare.
Tariff type | What it is | Best for | Things to watch |
---|---|---|---|
Standard Variable (SVT) | Rates can move up or down and are limited by the Ofgem price cap for typical usage. | Flexibility, no/low exit fees. | Bills can rise when market prices rise. |
Fixed-rate | Unit rates and standing charge fixed for 12–24 months. | Budget certainty and price protection. | Early exit fees may apply; could pay more if prices fall. |
Tracker/Indexed | Rates track wholesale or market indicators within set limits. | Those comfortable with some fluctuation for potential savings. | Rates can change frequently; read limits and rules. |
Time-of-Use (Smart) | Cheaper off-peak rates, higher peak rates; requires smart meter. | EV charging, heat pumps, shifting usage to nights/weekends. | Peak prices can be high; shift habits to benefit. |
Economy 7/10 | Two-rate tariffs with 7–10 off-peak hours for electricity. | Homes with storage heaters or heavy night usage. | Day rate can be higher; off-peak times vary by region. |
Green/Renewable | Backed by renewable generation or certificates (REGOs). | Lower carbon footprint and ethical preferences. | Tariff terms vary; check actual sourcing and premium. |
Prepayment (Pay-As-You-Go) | Top up in advance via key/card/smart; helps budget. | Tighter control of spend. | Rates may differ; risk of self-disconnection if not topped up. |
How the Ofgem Price Cap Affects Your Bills
The Ofgem price cap limits the unit rates and standing charges suppliers can charge typical households on standard variable tariffs. It reflects underlying costs like wholesale energy, networks, policy and operating costs. The cap is reviewed periodically, typically quarterly.
- The cap does not apply to fixed or special tariffs — those can be above or below the cap.
- Your bill depends on how much you use: use less, pay less.
- Regional costs and payment method can affect the rates you see.
Information provided for guidance only. For official details, see Ofgem’s website and your supplier’s tariff information label.
How to Choose the Best Energy Tariff for Your Home
Every household is different. Use these tips to narrow down the best-value deal for your circumstances.
1) Know your usage
Check your latest bill for annual usage in kWh for electricity and gas. If you’re unsure, we’ll estimate from household size and heating type.
2) Decide on certainty vs flexibility
Prefer predictable bills? Consider a fixed tariff. Want freedom to switch if prices fall? A standard variable or tracker might suit.
3) Consider a smart meter
Unlock time-of-use rates, accurate bills and energy insights to help reduce waste. Installation is usually free from your supplier.
4) Check fees and extras
Look for exit fees, green add-ons, EV charging benefits, or rewards. Calculate the whole-year cost, not just the unit rate.
Switching with Energy Plus: Simple and Secure
- Get your quote — enter your postcode, current supplier and usage to see tailored deals.
- Choose your tariff — compare total estimated annual cost, unit rates and standing charges.
- Switch online — we handle the details with your new supplier. No engineer visit, no interruption.
Switching typically completes within 5–15 working days under the Energy Switch Guarantee (where applicable). Cooling-off periods may apply.
Practical Ways to Reduce Your Energy Bill
- Use a smart meter in-home display to spot and cut wasted energy.
- Shift high-consumption tasks (dishwasher, EV charging) to off-peak times on time-of-use tariffs.
- Lower your boiler flow temperature if you have a condensing boiler.
- Draught-proof doors, windows and loft hatches; insulate hot water pipes.
- Compare tariffs annually or when your fix ends.
Which Tariff Fits Your Situation?
Renters
Consider flexible tariffs with no exit fees. Check your tenancy agreement — most tenants can switch.
Homeowners
Prefer budget certainty? Fixed tariffs can lock in rates. Smart tariffs may suit EVs and heat pumps.
Electric heating
Economy 7/10 or smart time-of-use can cut costs if you use more energy overnight.
Tight budgets
Prepayment helps control spend. Check eligibility for support such as the Warm Home Discount and Priority Services Register.
Frequently Asked Questions about UK Energy Tariffs
What are the latest domestic energy tariffs in the UK?
Tariffs change regularly and vary by region, usage and supplier. The most common options include standard variable tariffs (subject to the Ofgem price cap), fixed-rate deals, tracker/indexed tariffs, smart time-of-use tariffs, Economy 7/10 and prepayment tariffs. Compare live offers for your postcode and usage to see accurate prices.
Should I fix my energy tariff now?
Fixing can provide price certainty and protect against future rises. However, if market prices fall, you could pay more than a variable alternative. Consider your risk tolerance, contract length and any exit fees. Comparing both fixed and variable deals for your usage is the best approach.
Are smart tariffs cheaper?
They can be if you shift usage to off-peak times (overnight or weekends). Households with EVs, heat pumps or storage heaters often benefit most. If you mostly use energy at peak times, a flat or fixed tariff may suit better.
What affects my standing charge and unit rates?
Wholesale energy costs, network charges, environmental and social policy costs, supplier operating costs, your region, and payment method can all affect the rates you pay.
Will switching interrupt my supply?
No. Your gas and electricity are delivered through the same networks. Only your billing company changes. Meter readings are shared to ensure a smooth handover.
How long does switching take?
Most switches complete in 5–15 working days, including any cooling-off period. If you have a smart meter, it usually continues to work as normal after the switch.
What information do I need for a quote?
Your postcode, current supplier/tariff, payment method and annual usage (kWh). If you don’t know your usage, we can estimate it based on your household.
Can tenants switch energy supplier?
Yes, if you are named on the energy bill. Check your tenancy agreement. Even if your landlord manages the energy, you can still discuss switching to a better value tariff.
Why Compare with Energy Plus?
- Clear comparisons showing estimated annual cost, unit rate and standing charge
- Range of tariff types including fixed, variable, smart and green
- Simple online journey and dedicated support if you need help
Energy Plus is here to help you make informed decisions. We provide impartial information and useful tools so you can choose the right tariff for your home.
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