What is an energy standing charge and why is it charged?

The standing charge is a fixed statutory daily fee to cover the ongoing costs of maintaining the physical electricity and gas grids, wires, pipes, and meter connections, paid even if no energy is used.

Does the Ofgem price cap place a maximum ceiling on my total annual bill?

No, the price cap regulates the maximum rate per kWh and the standing charge, not your total expenditure. The more gas and electricity you consume, the higher your bill will be.

United KingdomOfgem Price CapFinance & Salary

UK Energy Price Cap & Standing Charge Calculator

Calculate your exact annual and monthly electricity and gas utility bills based on Ofgem price cap unit rates (p/kWh) and daily standing charges.

Electricity Tariffs & Bills Gas Bills & Tariffs Home Utilities & Energy Ofgem Energy Price Cap

Calculated Result

Estimated Monthly Direct Debit

146.46 £/mo

Calculator Inputs

Annual Electricity Usage (kWh)

kWh

Quick select:

Annual Gas Usage (kWh)

kWh

Quick select:

Electricity Unit Rate (p / kWh)24.5 p

10 p50 p

Gas Unit Rate (p / kWh)6.2 p

2 p20 p

Calculated Result

Estimated Monthly Direct Debit

146.46£/mo

Total Annual Energy Bill

1,757.48 £/yr

Annual Electricity Cost

929.5 £/yr

Annual Gas Cost

827.98 £/yr

Calculation Methodology

Annual Electricity = (Elec kWh * Unit Rate) + (365 * Elec Standing Charge). Annual Gas = (Gas kWh * Unit Rate) + (365 * Gas Standing Charge). Total = Electricity + Gas.

Important Legal & Educational Disclaimer

The Ofgem energy price cap sets a maximum unit rate and daily standing charge for standard variable tariffs (SVT) in Great Britain. Your actual bill depends on your household energy consumption.

This calculator is designed for educational and informational purposes only based on public statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimations. Always verify with the relevant official authorities or a certified professional advisor.

Frequently Asked Questions

The energy price cap limits the maximum amount energy suppliers can charge default tariff domestic customers per kilowatt hour (kWh) of electricity and gas, plus daily standing charges.

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United Kingdom

UK Energy Price Cap & Standing Charge Calculator

Calculator Inputs

Calculation Methodology

Important Legal & Educational Disclaimer

Frequently Asked Questions

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