MacroDataHub

UK energy price cap: dual fuel standard credit

UK energy price cap: dual fuel standard credit stood at £1,816.67 per year in Q4 2026, according to Ofgem — energy price cap model. It is one of the indicators in the Gas and electricity prices table (Value · Quarterly), with a complete series running from Q2 2017 to Q4 2026. The complete series with an interactive chart, free to download.

Source: Ofgem — energy price cap modelLast updated: Curated by Bui Thanh Phuc
Loading chart data…

This indicator in the Gas and electricity prices table

IndicatorQ4-2026Q3-2026Q2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024
Dual fuel (electricity and gas)
Standard credit1,816.671,710.291,687.921,803.991,937.711,902.392,018.231,893.941,871.091,705.73
Prepayment meter1,688.471,597.371,575.581,684.971,808.061,762.821,881.871,765.061,743.281,606.7

Understanding UK energy price cap: dual fuel standard credit

The maximum annual financial liability for combined electricity and gas supply settled through traditional invoice billing across the United Kingdom is quantified in this series. By isolating customers who pay upon receiving periodic postal or electronic statements, this metric captures the cost differentials associated with manual billing procedures compared to automated arrangements. It encompasses both unit consumption rates and fixed daily charges for a standardised household consumption profile, leaving aside prepayment methodologies and business tariffs.

When examining this dataset, observers should focus on structural shifts between regulatory reviews rather than short-term fluctuations, since the underlying figures remain fixed between reset dates. Comparing this series directly against automated payment metrics highlights the distinct administrative loading applied to traditional credit arrangements. Analysts must keep in mind that individual households consuming more or less energy than the standard baseline will experience actual bills diverging significantly from the capped annual total.

Frequently asked questions

How does standard credit billing differ from direct debit in this context?
Standard credit involves paying after receiving a bill, whereas direct debit uses automated bank transfers, resulting in different tariff caps.
Are business properties included in this household cap series?
No, the figures strictly model domestic consumption profiles for residential properties across the United Kingdom.
Why might a household's actual invoice differ from the headline figure?
The headline figure relies on a standardised consumption model, whereas real households use varying amounts of gas and electricity.