Energy Prices in London 2026
A typical London household pays around £152 per month for gas and electricity — £11 above the UK average of £141. Below: costs by property type, how London compares and how to find a better deal.
Average monthly bill
£152
Estimated annual cost
£1,824
Estimated saving
£386/yr
Average energy costs by property type
| Property | Monthly | Annual |
|---|---|---|
| Flat / 1-bed | £99 | £1,188 |
| Terrace / 2-bed | £129 | £1,548 |
| Semi / 3-bed | £152 | £1,824 |
| Detached / 4+ bed | £205 | £2,460 |
How London compares
London households typically pay slightly above the national average due to higher consumption in flats with electric heating.
Are you overpaying?
If your monthly bill is more than £167 for a similar-sized property, you may be paying above the typical London range. Use our 30-second checker to see how much you could save.
Finding the best deal in London
- Check your current rate — look at the unit rate (p/kWh) and standing charge on your latest bill.
- Compare fixed vs variable — fixed deals lock in your price, variable follow the price cap.
- Look at the whole price, not just the headline rate. Standing charges add up.
- Watch exit fees — typically £30–£60 per fuel for fixed tariffs.
- Switch online — the process takes about 5 days and your supply is never interrupted.