Cheapest gas and electricity tariff in the UK this month
Find the cheapest energy tariff for your home based on your meter type, payment method and region—plus see what “cheapest” really means under the current Price Cap.
- Whole-of-market comparison for UK households (not business energy)
- Clear guidance for direct debit, prepay, smart meters and Economy 7
- Transparent methodology, example costs and switching checklist
Estimates vary by region, meter type, usage and supplier terms. We’ll show you like-for-like options and any key exclusions (e.g. eligibility, exit fees).
Fast answer: what’s the cheapest tariff this month?
There isn’t one single “cheapest gas and electricity tariff” for everyone in the UK each month. The cheapest option depends on your region, meter type (standard credit, smart, prepayment, Economy 7), payment method (direct debit vs pay on receipt) and how much you use.
In practice, “cheapest this month” usually means one of these, depending on availability and your circumstances:
- A competitive fixed tariff (often priced below the Ofgem Price Cap for direct debit customers, but check exit fees).
- A low standing charge variable tariff (can suit low users, but unit rates may be higher).
- A tariff tailored to your meter (e.g. Economy 7 or prepayment—these can differ meaningfully from standard tariffs).
Key takeaways (UK-specific)
- Region matters: standing charges and unit rates vary by distribution area.
- Payment method matters: direct debit is often cheaper than pay on receipt; prepay is separate pricing.
- Meter type matters: Economy 7 has two electricity unit rates; smart vs traditional can affect available tariffs.
- Exit fees & discounts matter: the cheapest headline rate isn’t always the cheapest overall.
What to prepare (2 minutes)
- Postcode
- Used to match your region (standing charges and unit rates).
- Payment method
- Direct debit / pay on receipt / prepayment.
- Meter type
- Standard, smart, prepay, Economy 7.
- Rough usage
- Your last 12 months kWh (best) or an estimate (we can guide).
Compare the cheapest tariffs for your home (whole-of-market)
Use the form to get an estimated comparison based on your details. We’ll show like-for-like options and highlight important terms such as exit fees, standing charges, fixed end dates and eligibility.
Good to know: “Cheapest” can look different for low-usage vs high-usage homes. We’ll help you prioritise either lower standing charge or lower unit rates depending on your usage pattern.
Two realistic examples (illustrative, not quotes)
Scenario A: Low-usage flat (single occupant)
- Assumptions: direct debit, single-rate electricity, typical region. Annual use: 1,800 kWh elec, 6,000 kWh gas.
- What often wins: a tariff with lower standing charges, even if unit rates are slightly higher.
- Illustrative impact: if a tariff is ~£0.10/day lower standing charge across fuels, that’s ~£73/year before unit-rate differences.
Scenario B: Family home (higher usage)
- Assumptions: direct debit, single-rate electricity. Annual use: 3,600 kWh elec, 14,000 kWh gas.
- What often wins: lower unit rates, because usage makes up most of the bill.
- Illustrative impact: saving 1p/kWh on gas at 14,000 kWh is ~£140/year; saving 1p/kWh on electricity at 3,600 kWh is ~£36/year (before VAT and standing charges).
These examples show why the “cheapest tariff” depends on usage and tariff structure. Your actual prices depend on supplier, region, meter type and market changes.
Get your estimate
Tell us a few details and we’ll help you compare options. Fields marked are needed to contact you about your quote.
Compare tariff types (what’s usually cheapest for who?)
Suppliers change pricing frequently. Instead of naming a single tariff that may not fit your meter/region, use this table to identify which tariff type is most likely to be cheapest for you, then compare live options by postcode.
| Tariff type | Often cheapest when… | Watch-outs | Best quick check |
|---|---|---|---|
| Fixed (12–24 months) | The supplier’s fixed unit rates are below comparable variable options for your region and you value predictable pricing. | Exit fees; may not fall if market prices drop; some deals are for direct debit only. | Check exit fee and tariff end date before choosing. |
| Variable (standard) | You want flexibility (no long commitment) and the supplier’s variable is competitive in your area. | Prices can change (usually with notice); “cheap today” may not stay cheap. | Compare unit rate and standing charge to the Price Cap level for your payment type. |
| Low standing charge | You use relatively little energy (small flat, away from home a lot) and standing charges dominate your bill. | Unit rates can be higher; can cost more for larger households. | Do a quick annual estimate using your last 12-month kWh (or best estimate). |
| Economy 7 / two-rate | You can shift meaningful electricity use to off-peak (storage heaters, EV charging, hot water tank on timer). | Peak rate may be higher; off-peak hours vary by meter/region; not always best for gas-heated homes. | Check your off-peak times and your day/night split (often 30–40%+ off-peak to benefit). |
| Prepayment (PAYG) | You’re on a prepay meter and want a deal designed for PAYG pricing and budgeting. | Fewer tariffs; switching supplier can require extra steps; emergency credit rules vary. | Confirm your meter is smart prepay vs traditional key/card and whether a credit check applies. |
Decision checklist: who it suits / who it doesn’t
This page is most useful if you:
- Have a UK home energy account (owner or tenant).
- Can provide a postcode and approximate annual usage.
- Want a trust-led comparison (rates + standing charges + fees).
- Are open to switching supplier or tariff.
You may need different guidance if you:
- Need help with debt, disconnection risk or emergency credit (see Citizens Advice).
- Are moving into a property and don’t know the current supplier (you can still start, but steps differ).
- Have complex setups (heat networks, communal heating, business meters).
- Need specialist tariffs (e.g. certain time-of-use products) — we can still compare, but results vary.
Quick switching steps (what usually happens)
- Compare based on your postcode, usage, meter type and payment method.
- Choose a tariff and review key terms (exit fees, fixed end date, billing method).
- Your new supplier arranges the switch and contacts your old supplier.
- Provide (or confirm) meter readings when asked for accurate final billing.
- Keep an eye on opening/closing statements and direct debit setup.
Timescales and steps can differ for prepay meters, debt on the meter, or if there’s an active supplier objection.
Costs, exclusions and common pitfalls (so “cheap” stays cheap)
Standing charges can outweigh unit-rate savings
If you use little energy, a tariff with a slightly higher unit rate but lower standing charge can work out cheaper overall. Always compare the estimated annual cost, not just p/kWh.
Exit fees and fixed end dates
A fixed tariff may be cheapest today but costly to leave early. Check the exit fee per fuel and whether it applies at any time or only in the contract term.
Direct debit assumptions
Many “best buy” tariffs assume monthly direct debit. If you prefer paying on receipt of bill, prices can be higher. Make sure your comparison matches how you actually pay.
Economy 7: the day/night split is crucial
If most of your usage is daytime, Economy 7 can be more expensive. If you’re unsure, look at past bills or ask your supplier for your day/night consumption split.
Prepay meters and debt
Some switches are restricted if there’s debt on the meter or the meter type needs exchanging. You can still compare, but expect additional checks.
Intro discounts and add-ons
Some tariffs include introductory discounts or bundled add-ons. Always confirm what happens after the discount ends and whether add-ons are optional.
Important: The Ofgem Price Cap limits the maximum unit rates and standing charges for many default tariffs, but it doesn’t guarantee a particular bill amount. Your bill depends on how much energy you use and your tariff structure.
FAQs
Is there a single cheapest energy supplier in the UK?
No. Prices vary by region, meter type, payment method and usage. A supplier that’s cheapest for a low-usage flat in one region may not be cheapest for a family home elsewhere.
What does “this month” mean for energy prices?
Energy deals can change at any time. Also, Ofgem’s Price Cap is updated periodically, not monthly. “This month” is best understood as: compare the currently available tariffs and pick the cheapest based on your details and current terms.
Are fixed tariffs always cheaper than variable?
Not always. Fixed tariffs can be cheaper or more expensive depending on wholesale prices and supplier strategy. They can be useful for budgeting, but check exit fees and compare the estimated annual cost.
Can I switch if I’m renting?
Usually, yes—if you pay the energy bills and your tenancy allows you to choose the supplier. If bills are included in your rent or you’re on a communal/heat network, switching may not be possible. If unsure, check your tenancy agreement or ask your landlord/agent.
Will I lose supply when I switch?
Switching is designed to be seamless and you should not lose supply. If you have a prepayment meter or there are account issues (e.g. debt, incorrect address details), the process can be more involved.
What if I don’t know my annual usage in kWh?
You can still compare using an estimate, but it’s more accurate with your last 12 months of kWh from bills or your online account. As a rule, the “cheapest” tariff for low users often prioritises lower standing charges, while higher users often benefit more from lower unit rates.
Do I need a smart meter to access the cheapest deals?
Not necessarily. Many competitive tariffs are available without a smart meter. However, certain products (especially more advanced time-of-use tariffs) may require a smart meter. Always check the tariff’s eligibility criteria.
What fees should I look out for on a “cheap” tariff?
Common ones include exit fees on fixed tariffs, charges related to paper billing (depending on supplier), and costs that appear if introductory discounts end. Always review the tariff information and confirm how long the price applies.
How we assess “cheapest” (methodology you can trust)
Our approach
- Like-for-like comparison: we compare tariffs based on your region, meter type and payment method.
- Estimated annual cost: we focus on the estimated annual cost (unit rates + standing charges), rather than headline rates alone.
- Whole-of-market intent: we aim to include a broad range of UK domestic tariffs where available, noting that availability changes and some tariffs can be limited to certain customer groups.
- Terms and exclusions: we highlight exit fees, fixed end dates, and common eligibility constraints.
Assumptions & limitations
- Prices move: suppliers can withdraw or change deals quickly.
- Regional variation: standing charges/unit rates differ by distribution area.
- Usage estimates: results are only as accurate as your kWh figures.
- Meter constraints: some tariffs require smart meters or specific configurations.
- Credit checks: some suppliers/tariffs may require checks (especially for monthly billing).
Editorial trust signals
- Written by
- EnergyPlus Editorial Team
- Reviewed by
- Energy Specialist
- Last updated
- April 2026
Sources (UK)
- Ofgem: Energy Price Cap
- Citizens Advice: Energy supply and switching
- GOV.UK: Help with energy bills (grants and support)
We reference UK regulators and public guidance for accuracy. Tariff availability and pricing are set by suppliers and can change.
See your cheapest gas and electricity options now
Compare tariffs based on your postcode, meter type and payment method, with clear notes on fees and eligibility.
Reminder: Always compare the estimated annual cost (unit rates + standing charges) and confirm contract terms before switching.
Back to Guides & FAQs