Services
Changes to the energy price cap
Ofgem have announced a change to the energy price cap
effective from 1 July. The energy price cap is reviewed every three months by Ofgem, and this sets a limit on
how much you can be charged per unit of gas and electricity.
From 1 July 2024, a typical household will see their energy costs fall to £1,568 per year – but don’t forget,
what you pay will always depend on how much energy you use.
We’ll be in touch to let you know exactly how this impacts your prices. You’ll hear from us regularly as things
change, so you always know what’s happening with your energy costs.
Remember, if you ever find yourself struggling with your energy bills, we’ve got lots of
support options and advice available!
FAQs
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Who sets and reviews the energy price cap?
Ofgem is the independent regulator which is responsible for calculating the energy price cap - they are the sole decision maker. We then review our prices to make sure what you’re paying is in line with the price cap Ofgem sets.
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What’s the difference between the energy price cap and Standing Charge Levelisation?
The energy price cap is decided by energy regulator Ofgem, and it changes in line with wholesale prices – this is the energy we buy in bulk, before selling it on to you. The price cap sets a limit on the amount you pay per unit of gas and electric. The Standing Charge Levelisation replaced The Energy Price Guarantee which ended on 31 March 2024.
The Standing Charge Levelisation, which was introduced on 1 April 2024, is to ensure Pay As You Go and Direct Debit customers pay the same standing charge. The Levelisation allowance meant that Direct Debit customers now typically pay £10 more per year. However, Pay As You Go customers now typically pay £49 per year less (or £52 per year less including VAT).
As we don’t have a standing charge, we’ll apply any discount you qualify for to your unit rates, which means the discount you’re entitled to is applied automatically - there’s nothing you need to do. -
Is the levelisation allowance or the energy price cap an absolute cap on energy costs?
No - what you pay will always depend on your usage. So we’ll do everything we can to help you keep costs down. Remember, if you’re worried about paying for your energy, we’ve got lots of support options and advice available on our website.
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Does Utilita have a standing charge?
No! Our tariffs have two unit rates (three for economy 7), but none of them have a standing charge So if you don’t use any energy, you won’t pay a penny – nice!
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I have a legacy prepay meter - will my prices go down in July?
Lots of customers will see a decrease in what they pay for their energy from 1 July, and this is the same for legacy meter customers. The first top-up you make on or after 1 July is what makes your meter update your prices. You’ll need to top-up with your Utilita key/card. If you need a new one, or you’ve not got a Utilita key/card, visit our Top-Up Card help page.
You’ll need to top-up with your Utilita key/card. If you need a new card/key or you’ve not got a Utilita key/card, visit our top-up card help page. -
I am a Pay As You Go customer - does this mean I pay more for my energy?
No! Pay As You customers don’t have more expensive tariffs just because of the way they choose to pay for their energy. In fact, from 1 April 2024, the introduction of the levelisation allowance within the price cap will mean that Direct Debit customers will typically pay £10 more per year. However, Pay As You Go customers will typically pay £49 per year less (or £52 per year less including VAT).
What we’re doing to help
We know lots of people are still struggling to afford their energy. We continue to do all we can to help customers
through the cost-of-living crisis, providing financial support worth tens of millions of pounds and doubling the
size of our Extra Care team. We’d also encourage anyone struggling to afford their bill to get in touch, so we can
work together to find a solution.
While we take the time to understand our customers and listen to them, we know empathy doesn’t pay the bills - and
the government needs to do more. Our message has always been that there are already struggling households that
need so much more help. Support should be focused on the lowest-income households, so they don’t have to face the
awful choice of heating or eating.
- Supporting 270,000 Priority Services Register customers via our Extra Care team.
- Adding a Savings feature to the My Utilita app so you can put money aside every time they top-up over the summer in readiness for when the colder months hit.
- Helping millions of households shave £££s of their energy spend via our Energy High 5 campaign.
- Increased our financial support to £15m – we provide additional support credit on average 2,200 times a day.
- Expanding our number of Energy Hubs, providing face-to-face support, particularly to vulnerable people with no internet access.
Getting support from us
We offer a wide range of options if you require financial help, as well as general advice on lowering your spend through energy efficiency.
Our Extra Care teams
In response to the cost-of-living crisis, we have doubled the size of our Extra Care team. Several benefits are available to vulnerable customers including account credits (terms apply), eligibility checks for the Energy Company Obligation scheme and tailored energy efficiency advice.
POWER UP
Our best-in-class POWER UP feature on the My Utilita app allows you to apply for a top-up of up to £40 for electric and £60 for gas at the tap of a finger when you’ve run out of credit and need to get back on supply.
Learn moreFace-to-face support!
If you want to talk face-to-face, no problem! Utilita is the only energy supplier with a national network of high street Energy Hubs.
Learn moreGovernment support schemes
Warm Home Discount
The Warm Home Discount Scheme gives a one-off payment of £150 to help with winter energy costs for those living on a low income or pension.
Learn moreCost-of-Living Payment
A £650 payment will be made to more than eight million low-income households who receive Universal Credit, tax credits, pension credit and other means-tested benefits.
Learn moreSave energy. Save money.
Knowledge is power
Make simple changes to the way you use energy at home and save £££s with our award-winning, national Energy High 5 campaign.
Learn moreKnow the score
Our Smart Score app feature measures your energy efficiency, based on how it’s used at home. Visualised into a star rating, you’ll get personalised energy advice to help improve it too.
Learn moreTip, tip, hooray!
Get daily energy-saving tips and much, much more besides – including quizzes and exclusive competitions – by joining the thousands of customers who already benefit from our Utilita Community.
Learn more