Ofgem Energy Price Cap: Who Qualifies and What You Get
Learn how the energy price cap works, who it applies to, and why it limits unit rates rather than your total monthly bill.
The energy price cap sets a maximum limit on the price you pay for each unit of energy used.
Who it's for
This applies to all households currently on a standard variable tariff.
What you get
The cap places a limit on the maximum price per unit of energy you are charged. This helps ensure that the cost of each unit of gas or electricity does not exceed a certain level.
What it costs you
There is no cost to access this protection and no application process required. The cap is applied automatically to your account.
The catch to know
The cap limits the price per unit of energy, but it does not limit your total bill. Your final bill will still depend on how much energy you actually use.
How to apply
- Check your current energy tariff to see if you are on a standard variable rate.
- Review your energy bills to see the unit rates being charged.
- Contact your energy provider if you believe you are being charged above the regulated limit.