Energy price cap (default tariff) levels
Guidance for the energy sector about the maximum price they can charge people on standard variable energy tariff (default tariffs) by region and payment method.
If you pay the energy bills in your household
We review and update the energy price cap level every 3 months. Get the levels for a typical household including standing charges in our energy price cap guide.
The actual rates you are charged will depend on where you live, how you pay your bill and the type of meter you have. Get energy price cap standing charges and unit rates by region.
Energy price cap levels
1 April to 30 June 2025
Summary of changes to energy price cap 1 April to 30 June 2025 [PDF, 364.86KB]Final levelised cap rates model (Annex 9) [XLSX, 1.10MB]
Other documents
Energy price cap levels: 1 April to 30 June 2025 [PDF, 272.40KB]Energy price cap levels: Pre-levelised rates model [XLSX, 4.12MB]
Wholesale cost allowance methodology (Annex 2) [XLSX, 9.62MB]
Network cost allowance methodology electricity (Annex 3) [XLSX, 15.18MB]
Network cost allowance methodology gas (Annex 3) [XLSX, 1.49MB]
Annex 4 - Policy cost allowance methodology v1.20 [XLSX, 448.63KB]
Smart metering net cost change methodology (Annex 5) [XLSX, 242.65KB]
Adjustment allowance methodology (Annex 8) [XLSX, 0.98MB]
Supplementary workbook to Annex 2, 3 and 4 – demand and losses [XLSX, 50.13MB]
1 January to 31 March 2025
- Summary of changes to energy price cap 1 January to 31 March 2025
- Final levelised cap rates model (Annex 9)
Other documents
- Energy price cap levels: 1 January to 31 March 2025
- Energy price cap levels: Pre-levelised rates model
- Wholesale costs allowance methodology (Annex 2)
- Levelisation rates by payment type, fuel type and region
- January monthly adjusted reconciliation rates
1 October to 31 December 2024
- Summary of changes to energy price cap 1 October to 31 December 2024
- Final levelised cap rates model (Annex 9)
Other documents
- Energy price cap levels: 1 October to 31 December 2024
- Energy price cap levels: Pre-levelised rates model
- Wholesale cost allowance methodology (Annex 2)
- Network cost allowance methodology electricity (Annex 3)
- Network cost allowance methodology gas (Annex 3)
- Policy cost allowance methodology (Annex 4)
- Smart metering net cost change methodology (Annex 5)
- Adjustment allowance methodology (Annex 8)
- Supplementary workbook to Annex 2, 3 and 4 – demand and losses
- Annual update of non-pass through Smart Meter Net Cost Change Allowances
- Levelisation rates by payment type, fuel type and region
- October monthly adjusted reconciliation rates
- November monthly adjusted reconciliation rates
- December monthly adjusted reconciliation rates
1 July to 30 September 2024
- Summary of changes to energy price cap 1 July to 30 September 2024
- Final levelised cap rates model (Annex 9)
Other documents
- Energy price cap levels: 1 July to 30 September 2024
- Energy price cap levels: Pre-levelised rates model
- Wholesale cost allowance methodology (Annex 2)
- Network cost allowance methodology electricity (Annex 3)
- July monthly adjusted reconciliation rates
- August monthly adjusted reconciliation rates
- September monthly adjusted reconciliation rates
- Levelisation rates by payment type , fuel type and region
1 April to 30 June 2024
- Summary of changes to energy price cap 1 April to 30 June 2024 letter
- Final levelised cap rates model (Annex 9)
Other documents
- Energy price cap levels: 1 April to 30 June 2024
- Energy price cap levels: Pre-levelised rates model
- Wholesale cost allowance methodology (Annex 2)
- Network cost allowance methodology electricity (Annex 3)
- Network cost allowance methodology gas (Annex 3)
- Policy cost allowance methodology (Annex 4)
- Smart metering net cost change methodology (Annex 5)
- Adjustment allowance methodology (Annex 8)
- Supplementary workbook to Annex 2, 3 and 4 – demand and losses
- Levelisation rates by payment type, fuel type and region
- April monthly adjusted reconciliation rates
- May monthly adjusted reconciliation rates
- June monthly adjusted reconciliation rates
1 January to 31 March 2024
Other documents
- Energy price cap level: 1 January to 31 March 2024
- Default tariff cap level 1 January to 31 March 2024 model
- Wholesale cost allowance methodology (Annex 2)
1 October to 31 December 2023
Other documents
- Energy price cap level: 1 October 2023 to 31 December 2023
- Model - default tariff cap level v1.19
- Annex 2 - Wholesale cost allowance methodology v1.18
- Annex 3 - Network cost allowance methodology elec v1.16
- Annex 3 - Network cost allowance methodology gas v1.13
- Annex 4 - Policy cost allowance methodology v1.17
- Annex 5 - Smart metering net cost change methodology v1.15
- Annex 8 - Adjustment allowance methodology v1.10
- Supplementary workbook to Annex 2, 3 and 4 - demand and losses v1.12
- Annual update of non-pass through Smart Meter Net Cost Change Allowances
1 July 2023 to 30 September 2023
Other documents
- Default tariff cap level: 1 July 2023 to 30 September 2023
- Model - Default tariff cap level v1.18
- Annex 2 - Wholesale cost allowance methodology v1.171
- Annex 3 - Networks cost allowance methodology elec v1.15
- Annex 8 - Adjustment Allowance methodology v1.9
1 April to 30 June 2023
Other documents
- Default tariff cap level: 1 April 2023 to 30 June 2023
- Model - Default tariff cap level v1.15
- Annex 2 - Wholesale cost allowance methodology v1.15
- Annex 3 - Network cost allowance methodology elec v1.13
- Annex 3 - Network cost allowance methodology gas v1.11
- Annex 4 - Policy cost allowance methodology v1.14
- Annex 5 - Smart metering net cost change methodology v1.13
- Annex 8 - Adjustment allowance methodology v1.17
- Supplementary workbook to Annex 2, 3 and 4 - demand and losses v1.10
1 January to 31 March 2023
Other documents
- Default tariff cap level: 1 January 2023 to 31 March 2023
- Model - default tariff cap level v1.14
- Annex 2 - Wholesale cost allowance methodology v1.14
1 October to 31 December 2022
Other documents
- Default tariff cap level: 1 October 2022 to 31 December 2022
- Model - Default tariff cap level v1.13
- Annex 2 - Wholesale cost allowance methodology v1.13
- Annex 3 - Network cost allowance methodology elec v1.10
- Annex 3 - Network cost allowance methodology gas v1.10
- Annex 4 - Policy cost allowance methodology v1.13
- Annex 5 - Smart metering net cost change methodology v1.12
- Annex 8 - Adjustment allowance methodology v1.6
- Supplementary workbook to annex 2,3 and 4 - demand and losses v1.9
1 April to 30 September 2022
Other documents
- Default tariff cap level: 1 April 2022 to 30 September 2022
- Model – Default tariff cap level v1.10
- Annex 2 – Wholesale cost allowance methodology v1.9
- Annex 3 – Network cost allowance methodology elec v1.9
- Annex 3 - Network cost allowance methodology gas v1.9
- Annex 4 – Policy cost allowance methodology v1.10
- Annex 5 – Smart metering net cost change methodology v1.11
- Supplementary workbook to Annex 2,3 and 4 – demand and losses v1.8
1 October 2021 to 31 March 2022
Other documents
- Default tariff cap level: 1 October 2021 to 31 March 2022
- Model - Default tariff cap level v1.9
- Annex 2 - Wholesale cost allowance methodology v1.8
- Annex 3 - Network cost allowance methodology elec v1.8
- Annex 3 - Network cost allowance methodology gas v1.8
- Annex 4 - Policy cost allowance methodology v1.9
- Annex 5 - Smart metering net cost change methodology v1.10
- Annex 8 - Adjustment allowance methodology v1.5
- Supplementary workbook to Annex 2, 3 and 4 - demand and losses v1.7
1 April to 30 September 2021
Other documents
- Default tariff cap level: 1 April 2021 to 30 September 2021
- Model - Default tariff cap level v1.8
- Annex 2 - Wholesale cost allowance methodology v1.7
- Annex 3 - Network cost allowance methodology elec v1.7
- Annex 3 - Network cost allowance methodology gas v1.7
- Annex 4 – Policy cost allowance methodology v1.8
- Annex 5 - Smart metering net cost change methodology v1.8
- Annex 8 - Adjustment allowance methodology v1.4
- Supplementary workbook to Annex 2, 3 and 4 - demand and losses v1.6
1 October 2020 to 31 March 2021
Other documents
- Default tariff cap level: 1 October 2020 to 31 March 2021
- Model - Default tariff cap level v1.7
- Annex 2 - Wholesale cost allowance methodology v1.6
- Annex 3 - Network cost allowance methodology elec v1.6
- Annex 3 - Network cost allowance methodology gas v1.6
- Annex 4 – Policy cost allowance methodology v1.7
- Annex 5 - Smart metering net cost change methodology v1.7
- Annex 8 - Adjustment allowance methodology v1.2
- Supplementary workbook to Annex 2, 3 and 4 - demand and losses v1.5
1 April to 30 September 2020
Other documents
- Default tariff cap level: 1 April 2020 - 30 September 2020
- Model - Default tariff cap level v1.4
- Annex 2 - Wholesale cost allowance methodology v1.5
- Annex 3 - Network cost allowance methodology elec v1.5
- Annex 3 - Network cost allowance methodology gas v1.5
- Annex 4 - Policy cost allowance methodology v1.5
- Annex 5 - Smart metering net cost change methodology v1.5
- Supplementary workbook to annex 2 3 and 4 - demand and losses v1.4
1 October 2019 to 31 March 2020
Other documents
- Default tariff cap level: 1 October 2019 - 31 March 2020
- Annex 2 - Wholesale cost allowance methodology v1.4
- Annex 3 - Network cost allowance methodology elec v1.4
- Annex 3 - Network cost allowance methodology gas v1.4
- Annex 4 - Policy cost allowance methodology v1.4
- Annex 5 - Smart metering net cost change methodology v1.4
- Model - Default tariff cap level v1.3
- Supplementary workbook to Annex 2, 3 and 4 - demand and losses v1.3
1 April to 30 September 2019
Other documents
- Default tariff cap level: 1 April – 30 September 2019
- Cap levels: Apr – Sep 2019 FAQ
- Model – default tariff cap level v1.2
- Annex 2 – Wholesale cost methodology v1.3
- Annex 3 – Network cost allowance methodology elec v1.3
- Annex 3 – Network cost allowance methodology gas v1.3
- Annex 4 – Policy cost allowance methodology v1.3
- Annex 5 – Smart metering net cost change methodology v1.3
- Supplementary workbook to Annex 2, 3 and 4 – Demand and losses v1.2