April 2026 Energy Price Cap

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Ofgem has announced a 7% fall in the energy price cap for the period of 1st January 2026 to 31st March 2026. This means the typical annual household bill will be around £1,641 a year, a fall of £117 from the January-March figure of £1,758 a year.  Compared to the same period in 2025, energy prices will around £200 cheaper.

The price decrease comes on the back of a UK government announcement in the Autumn to remove £150 of green levies which fund energy efficiency measures from energy bills.

The energy price cap is represented as an annual bill based upon 2700kWh of electricity and 11500kWh of gas usage per year. Most households are unlikely to be on a typical usage and the actual cost will vary depending on your consumption. Many households in Scotland are likely to have higher typical usage than the UK average due to our colder climate.

The price cap is actually a cap on the tariff suppliers can charge you. This is the unit rate, the cost per kWh of energy you use and a daily standing charge.

While the situation in the Middle East is not impacting the April price cap, it is likely it will cause an increase to the July figure when it is announced.

 

Tariff Table

From 1st April the average tariff in the UK will be:

Please note that costs can vary by region and may vary slightly from what is represented below

Information is extracted from the Ofgem website here.

 

Direct Debit

Electricity

24.40p per kWh unit rate & 64.20p per day standing charge

Gas

5.64p per kWh unit rate & 29.30p per day standing charge

 

Prepayment Meter

Electricity

23.66p per kWh unit rate & 64.20p per day standing charge

Gas

5.41p per kWh unit rate & 29.30p per day standing charge

 

Standard Credit

Electricity

25.75p per kWh unit rate & 72.76p per day standing charge

Gas

5.94p per kWh unit rate & 36.72p per day standing charge

 

Comparison to previous price caps

Compared to the same period last year, prices are around £200 cheaper.

Standing charges have increase slightly with this price cap, around 90-£1.05 per day.

 

Should I Switch?

Yes! If you can get a fixed price deal itmay be cheaper than the April energy price cap.  Unfortuantly due to the situation in the Middle East, energy prices are once again affected. This is likely to have an impact on available fixed price deals and future price caps. We’d currently recommend checking out the Money Saving Expert guide which lists the pro’s and con’s of all currently available tariffs that are worth considering. As tariffs may only be available for a short space of time it’s worth checking this guide to see if there’s a deal that’s right for you.

 

Get Advice

Are you worried about energy prices or debt? Our energy advisors can provide free and impartial advice to anyone in Fife. Get in touch to arrange a home visit or telephone advice appointment to see what you can do to save energy at home.

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