Smart Bill Switch helps UK households compare energy prices, switch gas and electricity supplier, and consider eligible broadband and mobile bundles. Current rates and any saving depend on your usage, region, address, contract terms and quote. Ofgem benchmark figures for Q3 2026 (from 1 July 2026): £1,663/year, electricity 26.11p/kWh, gas 7.33p/kWh. The Q4 forecast is indicative and may change.
Switching: Your physical gas and electricity supply normally continues when you change supplier. The new supplier should confirm the expected switch date, applicable process and any charges.
Current Ofgem benchmark figures (updated July 2026, Ofgem regulated):
Electricity unit rates based on Ofgem TDCV 2,700 kWh/year. Rates vary by region. Last updated: July 2026.
| # | Supplier | Tariff | Electricity unit rate | vs Ofgem Price Cap |
|---|---|---|---|---|
| 1 | Octopus Energy | Fixed 12M | ~21.20p/kWh | −£105/yr vs cap |
| 2 | E.ON Next | Next Fixed 12M | ~21.50p/kWh | −£83/yr vs cap |
| 3 | British Gas | Fixed 12M | ~22.00p/kWh | −£60/yr vs cap |
| 4 | OVO Energy | Fixed 12M | ~22.50p/kWh | −£38/yr vs cap |
| — | Ofgem Price Cap | Standard Variable | 26.11p/kWh | Benchmark |
| ★ | UW Fixed Saver | Fixed · dual-fuel bundle | Competitive rate | £50 below cap |
Indicative electricity unit rates — Ofgem TDCV 2,700 kWh/yr basis. Rates vary by region. Fixed Saver service requirements must be checked in the current tariff information and personalised quote. See full tariff comparison →
Q4 2026 Ofgem forecast: Analysts forecast the price cap will rise to £1,701–£1,747/yr from 1 October 2026, up from today's £1,663. Compare the current personalised quote with your tariff, including unit rates, standing charges, term, complete annual cost and exit terms; forecasts can change. Learn more →
Find local energy deals, regional tariff benchmarks, and personalised quotes for your postcode area:
Independent guides to help you compare gas and electricity prices, understand the Ofgem price cap, and find the cheapest energy deal in 2026:
Eligible Utility Warehouse services may be combined in one account. Whether that offers value depends on your address, usage, contract terms and personalised quote.
Provider ratings, awards, customer counts, tariff discounts and Cashback Card rewards can change. Check the current provider sources and personalised quote before relying on any of them.
The Ofgem price cap limits unit rates and standing charges on standard variable tariffs. As of Q3 2026 (from 1 July 2026): £1,663/year (electricity 26.11p/kWh, gas 7.33p/kWh). Reviewed quarterly.
Analysts forecast the cap will rise to £1,701–£1,747/year from 1 October 2026. Compare the current personalised quote with today's benchmark, checking quoted rates, standing charges, term, eligibility, complete annual cost and exit terms; forecasts can change.