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This table shows the average unit rate of gas and standing charge in the UK for 2024 based on the price cap level set by Ofgem.
|
From January 2024 |
|
|---|---|
|
Unit Price (p/per kWh) |
7.42p |
|
Standing Charge |
29.60p |
The cost of your gas depends on a few key factors. Like where you live, how much you use and the type of tariff (the way your supplier charges you for what you use). Gas usage is measured in kWh (kilowatt hours). Your bill’s calculated according to the rate per kWh plus a standing charge (applied per day regardless of what you use).
When looking at gas suppliers, there are a few kinds of gas tariffs available to consider. Each has their own merits, but it's important to know which suits you best.
|
|
Fixed When you’ve got a fixed-rate tariff, the gas cost-per-unit stays the same throughout your contract. It protects you against price rises but means you won’t benefit from price drops. |
Variable With Standard Variable Rate tariffs (STVs), the cost-per-unit goes up and down according to the wholesale market price of gas. It’s what you’re moved to when a fixed rate ends and these days it’s very expensive. |
Pre-Paid With a prepaid meter, you pay for your gas in advance with a token, card or app. Cost-per-unit can be dearer than with a standard meter, but it can make it easier to budget. |
We’ve broken down regional gas prices per kWh so that you can see how the area you live in impacts the price you pay for gas.
|
Region |
Average Single Rate Unit Price 2024 |
Average Standing Charge (p) |
|---|---|---|
|
North West |
7.81p |
34.97p |
|
Northern |
7.73p |
34.97p |
|
Yorkshire |
7.74p |
34.97p |
|
Northern Scotland |
7.76p |
34.99p |
|
Southern |
7.91p |
34.96p |
|
Southern Scotland |
7.76p |
34.97p |
|
North Wales & Merseyside |
7.85p |
34.97p |
|
London |
7.81p |
34.97p |
|
South East |
7.84p |
34.97p |
|
Eastern |
7.69p |
34.97p |
|
East Midlands |
7.67p |
34.98p |
|
Southern Western |
8.02p |
34.96p |
|
South Wales |
7.97p |
36.96p |
|
UK Average |
7.81p |
34.97p |
All data comes from Ofgem.
Here are the consumption levels that are used by Ofgem to calculate the gas price cap which are seen as the average.
|
Household size |
Average gas consumption (annual kWh) |
Assumed Annual Cost Based On Price Cap Unit Rates (includes standing charge) |
|---|---|---|
|
Apartment/ 1-bedroom house |
7,500 |
£664.54 |
|
2-3 bedroom house |
11,500 |
£961.34 |
|
4+ bedroom house |
17,000 |
£1,369.44 |
For information on non-domestic gas please see our business gas prices page.
Like all commodities, gas providers base their prices on supply and demand. But several factors have recently combined to make prices particularly high – like a surge in demand caused by economies reopening after COVID-19 and a cold winter, increased demand for LNG (Liquefied Natural Gas) in Asia, conflicts around the world and a backlog in significant maintenance projects.
Despite this, gas prices have stabilised, and there are some great tariffs available offered by suppliers.
We can’t control outside events or force providers to reduce their prices. And Government price caps limit the effects of the crisis without solving it. So the best thing you can do to take control is being proactive about switching suppliers – exactly what we do for you.
The calculations below are based on the Ofgem Price Cap figures for Q1 of 2024 and an assumed average consumption of 11,500 kWh of gas annually (2-3 bedroom house).
The easiest way to find the best domestic gas tariff is by comparing prices from different suppliers. Give us a few details and our best-in-class comparison tool does this for you – in just one minute. Compare latest available gas prices here
Switching suppliers doesn’t affect your gas supply. Your gas gets to your property in the same way, whoever your supplier is.
Unless you switch supplier before the end of your current contract, there’s no fee. If you find a new deal that’s a lot better than your current tariff, what you save might compensate for any early exit fee.
Check your gas bill to confirm who your supplier is. If you’ve just moved house and aren’t sure, ask the estate agent or previous owner. Failing that, contact your regional Distribution Network Operator (DNO).
Under the energy switch guarantee, if you encounter any problems while switching supplier (which is unlikely), the new provider will work quickly and efficiently to resolve it. If you change your mind about switching within 14 days, it’s fine to stay with your old supplier.
If you use gas and electricity, a dual tariff can be simpler because it means you only receive one bill. Sometimes it’s cheaper to include your gas in a dual tariff, but sometimes it’s cheaper to keep it separate. Our comparison tool will clarify this for you too.
The Energy Price Guarantee reduces the amount you can be charged per unit of gas or electricity (compared to your undiscounted price) - to an annual costs that works out at around £2500 for a typical UK household. The discount is applied automatically for you and the scheme will be active until at least April 2024.
