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Price cap and running costs
Checked against its sources: Updated
The energy price cap for gas is 7.97p per kWh with a 29.68p daily standing charge from 1 October to 31 December 2026, by Direct Debit, which sets the starting point for a gas boiler's running cost.1 It caps unit rates and standing charges, not the bill.2
- Covers
- England, Scotland and Wales. Northern Ireland is outside Ofgem's cap. Fixed tariffs and heating oil are not covered.
- You
- Read your unit rate on your bill, and change the settings your manual allows.
- A professional
- Nothing here for most people; an engineer can check a boiler's set-up at a service.
1 The current cap
Ofgem's figures for the period are averages for Direct Debit customers in Great Britain, and they include VAT: 5% on gas, with no VAT on electricity from 1 October 2026 to 31 March 20271. Ofgem says this means costs cannot be compared directly with previous periods1.
2 What a boiler's gas costs
Ofgem does not publish a boiler cost. Multiplying its own figures gives a rough guide, and this arithmetic is not an Ofgem figure: 9,500 kWh at 7.97p comes to about £757, and 365 days of the 29.68p standing charge to about £108, or about £865 of gas in a year at this period's rates1. Actual use varies with the house, and rates change every three months, so the sum is not a forecast.
The standing charge is paid whether the boiler runs or not2. Heating oil has no cap, so this sum does not apply to an oil boiler1.
3 Settings that affect the bill
The government's Clean Energy campaign says "Reduce your combi boiler flow temperature to 60C", one of three tips it says together save around £100 a year4. It asks for extra care if anyone in the house is over 65, under 5 or has a health condition4. See flow temperature. That 60°C is running advice; it is separate from the 55°C design figure in building rules.
The same campaign says to turn radiators down rather than off in unused rooms, because turning them off can raise the risk of damp and mould4. For the main living room and bedroom, UKHSA's figure is "at least 18°C"5. No official figure was found for what a room thermostat setting saves, so none is printed here.
Sources
- Energy price cap unit rates and standing charges, Ofgem and Summary of changes letter, 26 August 2026 read 3 November 2026.
- Energy price cap and standing charges explained, Ofgem read 3 November 2026.
- Default tariff levels, Ofgem read 3 November 2026.
- Save energy in your home, Clean Energy campaign, GOV.UK, undated read 3 November 2026.
- Top tips for keeping warm and well, UKHSA, updated 28 April 2026 read 3 November 2026.