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UK energy price cap: gas standard credit

UK energy price cap: gas standard credit stood at £889.85 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
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This indicator in the Gas and electricity prices table

IndicatorQ4-2026Q3-2026Q2-2026Q1-2026Q4-2025Q3-2025Q2-2025Q1-2025Q4-2024Q3-2024
Gas
Standard credit889.85825.48789.64833.53901.9893.98971.06888.45876.57781.57
Prepayment meter829.57768.92734.7776.45839.22820.39903.09824.92813.51739.49

Understanding UK energy price cap: gas standard credit

Maximum permitted annual outlays for standalone domestic gas supplied on traditional invoice terms across the United Kingdom are quantified here. This series isolates single-fuel gas accounts where consumers pay upon receiving periodic bills, capturing the administrative and risk weightings assigned to manual payment methods. It aggregates estimated unit costs and fixed standing charges based on standard usage profiles, excluding electricity and automated bank payment routes.

Interpretation requires careful attention to the timing of regulatory resets, as figures stay constant during the operational windows between official announcements. Analysts comparing this series against direct debit measures must account for the additional charges embedded in traditional billing structures. Seasonal weather patterns will drive actual volumetric consumption up or down, but the tariff ceiling itself shifts only when the regulator intervenes.

Frequently asked questions

Does this dataset cover gas paid via direct debit?
No, direct debit accounts are tracked in a separate series; this one covers standard credit billing.
Are dual-fuel households captured in these gas figures?
No, standalone gas accounts are measured here, excluding electricity bundles.
When do the figures in this series change?
They change only when the national regulator implements a scheduled update to the price cap.