Maximum price per kWh

GerardLKing

I read a lot about the Price Cap for energy costs. But I cannot find anything what the maximum price per kWh (Gas and electricity) is that I can be charged under the Price Cap.. I know exactly the number of kWh we use, both for gas and electricity, but I do not know what is the maximum price my supplier can charge.

MWT

It isn't that simple, the cap sets a maximum price for the standing charge and a maximum total bill cost for a typical user (3100kWh electric, 12,000 kWh gas) to include the standing charge.

So the supplier can set the standing charge anywhere from zero to the cap and the rest of the allowed maximum bill price then sets the maximum kWh price.

The result is there is a range for the electricity kWh price of around £0.029 or so depending on your region, which puts most people somewhere around 20.8p-23.7p/kWh

stewie_griffin

There are loads of posts like this already e.g. https://forums.moneysavingexpert.com/discussion/6298223/simple-question-what-is-ofgems-price-cap-per-unit#latest

QrizB

GerardLKing said:

I read a lot about the Price Cap for energy costs. But I cannot find anything what the maximum price per kWh (Gas and electricity) is that I can be charged under the Price Cap.. I know exactly the number of kWh we use, both for gas and electricity, but I do not know what is the maximum price my supplier can charge.

Here, this might help.

Here's an explation of the price cap:
https://forums.moneysavingexpert.com/discussion/comment/78658822/#Comment_78658822

And here's @jimjames marvellous on-line calculator that works it out for you, assuming the maximum standing charge and therefore the minimum price per kWh:
energy.jj99.co.uk