The energy price cap set by Ofgem is the maximum amount energy suppliers can charge you for each unit of energy and standing charge if you're on a standard variable tariff.
It limits what you pay for each unit of gas and electricity that you use, plus it sets a maximum daily standing charge (what you pay to have your home connected to the grid). Though remember, it's the rates that are capped, so use more and you pay more.
Between 1 January and 31 March 2026, the energy price cap is set at £1,758 per year for a typical household who use electricity and gas and pay by Direct Debit. This is an increase of 0.2% compared to the cap set between 1 October to 31 December 2025 (£1,755).
The price cap is based on typical household energy use.
For more information follow: https://www.ofgem.gov.uk/energy-price-cap
