REGIONAL PRICE CAP · DIRECT DEBIT
Energy prices in London (October–December 2026)
In London, the price cap from 1 October 2026 to 31 December 2026 is 26.60p per kWh for electricity with a 42.92p daily standing charge, and 8.15p per kWh for gas with a 30.20p daily standing charge.
ELECTRICITY
26.60pper kWh + 42.92p a dayGAS
8.15pper kWh + 30.20p a dayTYPICAL DUAL FUEL
£1,706a year at Ofgem typical useREGIONAL RANK
3 of 141 = lowest typical dual-fuel costHow London compares with the GB average
At Ofgem’s typical use, a dual-fuel Direct Debit household in London would pay £1,706 a year under the cap: £17 less than the GB average of £1,724. That is 3rd lowest of the 14 regions.
| Charge | London | GB average | Difference | Rank |
|---|---|---|---|---|
| Electricity unit rate (p/kWh) | 26.60 | 26.32 | 0.28 | 11 |
| Electricity standing charge (p/day) | 42.92 | 54.83 | -11.91 | 1 |
| Gas unit rate (p/kWh) | 8.15 | 7.97 | 0.18 | 13 |
| Gas standing charge (p/day) | 30.20 | 29.68 | 0.52 | 14 |
| Typical dual-fuel cost (£/year) | £1,706 | £1,724 | −£17 | 3 |
Annual cost at typical use
Ofgem’s typical use is 2,500 kWh of electricity and 9,500 kWh of gas a year. At London’s cap rates that is £822 for electricity and £884 for gas, or £1,706 in total.
Worked example
| Fuel | Energy used | Standing charges | Total |
|---|---|---|---|
| Electricity | 2,500 kWh × 26.60p = £665.00 | 365 × 42.92p = £156.66 | £821.66 |
| Gas | 9,500 kWh × 8.15p = £774.25 | 365 × 30.20p = £110.23 | £884.48 |
| Dual fuel | £1,706.14 |
Without the temporary 0% VAT rate, 5% VAT on the same electricity cost would add about £41.08 a year in London. About the electricity VAT cut →
About these figures
These are Ofgem price-cap benchmarks for a default tariff paid by Direct Debit with a single-rate electricity meter, derived from Ofgem’s rounded annual cap levels. They are not a supplier quote. The cap limits rates, not your total bill: your actual cost depends on how much you use, how you pay and your tariff.
Other regions
- East Midlands £1,672
- Eastern England £1,713
- London £1,706
- Merseyside and Northern Wales £1,805
- North Eastern England £1,722
- North Western England £1,684
- Northern Scotland £1,717
- South Eastern England £1,735
- South Western England £1,746
- Southern England £1,719
- Southern Scotland £1,734
- Southern Wales £1,744
- West Midlands £1,708
- Yorkshire £1,724
Compare all regions in one table →
Sources
- Ofgem: cap tables, October–December 2026 (PDF) ↗London annual charges at nil and typical use, pages 1 and 4.
- Ofgem: energy price cap unit rates and standing charges ↗GB averages and VAT basis.
- Ofgem: typical domestic consumption values decision (PDF) ↗
- GOV.UK: Breathing space on your energy bill ↗
Last updated 11 October 2026. Figures are dated benchmarks taken from the sources above. How we use sources →