Energy price cap bill calculator
Gas and electricity cost at Ofgem's Oct–Dec 2026 Direct Debit rates by region.
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Ofgem energy price cap January 2027
Ofgem has not yet announced the energy price cap for 1 January to 31 March 2027; it is expected by Wednesday 25 November 2026. Until then the cap for 1 October to 31 December 2026 applies: electricity 26.32p per kWh and 54.83p a day, gas 7.97p per kWh and 29.68p a day (Direct Debit, GB average), about £1,723 a year for a typical home.
25 Novexpected announcement of the Jan–Mar 2027 cap
Ofgem
Energy price cap rates and the typical yearly bill
Direct Debit, GB average, from Ofgem (opened 29 October 2026). Typical year worked out at 2,500 kWh electricity and 9,500 kWh gas; the Oct–Dec figure is 3.6% higher than Jul–Sep. Ofgem: unit rates and standing charges.
| Period | Electricity per kWh | Electricity per day | Gas per kWh | Gas per day | Typical year | Typical month |
|---|---|---|---|---|---|---|
| 1 July to 30 September 2026 | 26.11p | 57.19p | 7.33p | 29.04p | £1,663.84 | £138.65 |
| 1 October to 31 December 2026 | 26.32p | 54.83p | 7.97p | 29.68p | £1,723.61 | £143.63 |
| 1 January to 31 March 2027 | Not announced yet: expected by Wednesday 25 November 2026 | |||||
Next cap
What happens on 1 January 2027
The new cap starts on 1 January 2027 and runs to 31 March 2027. The announcement date is expected (reported by Uswitch), not confirmed by Ofgem: 26 days from today. Ofgem says there is no VAT on electricity from 1 October 2026 to 31 March 2027; gas includes 5% VAT. Work out your own bill at today’s rates with the energy price cap bill calculator.
Sources: Ofgem, energy price cap levels; Ofgem, unit rates and standing charges; Ofgem, summary of changes Oct–Dec 2026; Uswitch, when is the next price cap (expected date).
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Helpful answers
Price cap FAQs.
When will the January 2027 price cap be announced?
Ofgem sets the cap every three months. The cap for 1 January to 31 March 2027 is expected to be announced by Wednesday 25 November 2026, as reported by Uswitch; Ofgem’s own pages did not give a date when checked on 30 October 2026. This page will be updated when Ofgem publishes it.
What is the energy price cap now?
From 1 October to 31 December 2026 the average Direct Debit rates are 26.32p per kWh and 54.83p a day for electricity, and 7.97p per kWh and 29.68p a day for gas. Ofgem quotes £1,723 a year for a typical household.
Will energy bills go up or down in January 2027?
Nobody knows until Ofgem announces the new cap. Forecasts from consultancies are estimates, not official figures; this page shows only Ofgem’s published rates.
How is the typical annual bill worked out?
With Ofgem’s typical medium use of 2,500 kWh of electricity and 9,500 kWh of gas a year: kWh × unit rate plus 365 days of standing charge for each fuel. At the Oct–Dec 2026 rates that is £1,723.61.