Energy price calculator shows how your bills will change following new price cap

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Our calculator will help you work out how much your bills will be following a price cap change

A new energy price cap is now in force for millions of households. The start of April marks a drop in energy bills after Ofgem dropped the price cap.

However, this month the unit price for electricity has fallen by 14%, while gas is down by 19%. Standing charges have increased though, with electricity going up by 13% a day and gas by 6% a day.It means someone who was paying £500 a month for electricity will see their bill drop by 18%, and someone paying £500 a month for gas will see it drop by 14%.

Our energy calculator is only for those who use dual fuel and pay by direct debit. It won't work if you have a prepayment meter or pay on receipt of bills

 

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