The July price cap will fall from £1,849 to £1,720. If you’re on our Standard Variable, default tariffs or are a PAYG customer with a prepayment meter, then the energy price cap will automatically apply. That means your unit rate and standing charge will decrease too. Our Cap Tracker Tariff will remain £15 lower per year.

The price cap is the maximum that customers on a standard variable tariff, default tariffs or PAYG customers with a prepayment meter will pay for each unit of energy and sets a maximum daily standing charge. You can find out more about the price cap here.

The energy price cap sets a limit on the amount that energy suppliers can charge customers on standard variable tariffs, default tariffs or PAYG customers with a prepayment meter for gas and electricity.

While your energy bill can still go up or down depending on how much gas and electricity you use, the price per unit and standing charge will never be above the cap. If you are on a tariff type listed above, the price cap applies regardless of how you pay.

If we have a cheaper tariff available, we’ll always let you know on your next bill or statement. However, if you’re looking elsewhere, make sure you’re getting an accurate quote based on the amount of energy you’re actually using. Most online quotes are based on average house sizes, but for a fair comparison, it’s best to use your own energy consumption figures. You can find out how much energy you use annually on your bill.

In addition, if you pay by Direct Debit, and your current payment amount includes any credit or debit balance on your account, it may not be directly comparable if you get a quote from another supplier. It’s best to compare estimated annual costs of your current tariff against other suppliers rather than monthly Direct Debit values.