Energy prices in South Wales

What the price cap lets a supplier charge in South Wales from 1 October 2026 to 31 December 2026, how that sits against the rest of Great Britain, and the cheapest tariffs I hold for a medium home. The network here is run by National Grid Electricity Distribution.

Compare for your home
On the cap, Direct DebitThe most a supplier can charge for each kWh and each day on a standard variable tariff. Ofgem sets it every three months. It caps the rates, not your bill: use more and you pay more.£1,744a year for a medium home in South Wales at the cap's rates.

£20 over the Great Britain average of £1,723: the 12th cheapest of 14 regions.

The cheapest tariff I hold£51 less than the capover the next 12 months, for a medium home

The price cap in South Wales

1 October 2026 to 31 December 2026. Pence per kWh and per day, VAT included; the last column is a year for 2,500 kWh of electricity and 9,500 kWh of gas.

The price cap in South Wales by how you pay
How you payElectricityEconomy 7 (average rate)Ofgem caps Economy 7 as one average rate, as if 58% of the electricity were used by day and 42% at night. Suppliers set their own day and night rates under it.GasMedium home, a yearA year of a medium home's energy at these rates: 2,500 kWh of electricity and 9,500 kWh of gas, plus 365 days of standing charges.
Per kWhWhat each kWh you use costs, in pence. Use more and you pay more.Per dayA fixed charge for each day you're connected, however little you use. You pay it even on a day you use nothing.Per kWhPer dayPer kWhPer day
Direct Debit26.55p55.41p25.14p54.64p8.09p29.96p£1,744
Pay on receipt of bill28.05p63.93p26.54p63.85p8.52p37.49p£1,881
Prepayment25.74p55.41p24.37p54.64p7.80p29.96p£1,696
  • Direct Debit

    Electricity
    26.55p /kWh
    55.41p /day
    Economy 7Ofgem caps Economy 7 as one average rate, as if 58% of the electricity were used by day and 42% at night. Suppliers set their own day and night rates under it.
    25.14p /kWh
    54.64p /day
    Gas
    8.09p /kWh
    29.96p /day
    Medium home, a year
    £1,744
  • Pay on receipt of bill

    Electricity
    28.05p /kWh
    63.93p /day
    Economy 7Ofgem caps Economy 7 as one average rate, as if 58% of the electricity were used by day and 42% at night. Suppliers set their own day and night rates under it.
    26.54p /kWh
    63.85p /day
    Gas
    8.52p /kWh
    37.49p /day
    Medium home, a year
    £1,881
  • Prepayment

    Electricity
    25.74p /kWh
    55.41p /day
    Economy 7Ofgem caps Economy 7 as one average rate, as if 58% of the electricity were used by day and 42% at night. Suppliers set their own day and night rates under it.
    24.37p /kWh
    54.64p /day
    Gas
    7.80p /kWh
    29.96p /day
    Medium home, a year
    £1,696
How do I read this table?

Each row is one way to pay. The cap sets two prices for each fuel: a unit rate for each kWh you use, and a standing charge for each day you're connected. Here's how the Direct Debit row's yearly figure adds up in South Wales.

South Wales, Direct Debit
Electricity you use2,500 kWh × 26.55p£664
Electricity standing charge365 days × 55.41p£202
Gas you use9,500 kWh × 8.09p£768
Gas standing charge365 days × 29.96p£109
A year£1,744
Each line is rounded to the pound.
Per kWh
What each kWh you use costs, in pence. Use more and you pay more.
Per day
A fixed charge for each day you're connected, however little you use. You pay it even on a day you use nothing.
Economy 7 (average rate)
Ofgem caps Economy 7 as one average rate, as if 58% of the electricity were used by day and 42% at night. Suppliers set their own day and night rates under it.
Medium home, a year
A year of a medium home's energy at these rates: 2,500 kWh of electricity and 9,500 kWh of gas, plus 365 days of standing charges.

The cap in every region

Cheapest tariffs for a medium home

Priced for a medium home: 2,500 kWh of electricity and 9,500 kWh of gas a year, paying by Direct Debit on a single-rate meter. Staying on the cap comes to about £1,769 over the next 12 months, with the VAT and price changes already set.

How do I read a tariff?

Every row reads the same way. Take E.ON Next's Next Pledge Tracker 12m, part by part.

Supplier and tariff
Who sells it and what it's called. A tracker's rates follow an index, so they can change.
Next 12 months
£1,718, about £143 a month: what it would cost your home over the next 12 months, VAT included, at the use you gave (or a medium home's).
Against the cap
£51 less than the cap, over the same 12 months. Within £5 either way I call it about the same: the estimate isn't that exact.
Unit and standing
Each fuel's unit rate (what each kWh costs) and standing charge (a fixed amount a day), today, in pence with VAT. They're what you'd sign up to, so they're as big as the total.
The small print
How long it lasts, what leaving early costs (here: £25 exit fee per fuel) and how you pay.
Get a quote
Opens the supplier's own site to switch. Some suppliers may pay me if you do; that never changes the order.
  1. Cheapest I hold

    E.ON Next logo
    E.ON Next

    1. Next Pledge Tracker 12m

    Tracker
    Next 12 months£1,718£143 a month£51 less than the cap
    Electricity25.55p per kWh55.41p a day
    Gas7.82p per kWh29.96p a day
    • 12-month tracker
    • £25 exit fee per fuel
    • Direct Debit
    About E.ON Next
  2. EDF logo
    EDF

    2. Simply Tracker Jan28

    Tracker
    Next 12 months£1,718£143 a month£51 less than the cap
    Electricity26.55p per kWh48.56p a day
    Gas8.09p per kWh23.10p a day
    • Tracks an index
    • £50 exit fee per fuel
    • Direct Debit
  3. Cheapest with no exit fees

    EnergyCoop logo
    EnergyCoop · supplied by Octopus Energy

    3. Co-op Flexible

    Variable
    Next 12 months£1,762£147 a month£7 less than the cap
    Electricity26.55p per kWh54.44p a day
    Gas8.09p per kWh29.00p a day
    • Prices can change
    • No exit fees
    • Direct Debit
    About EnergyCoop
  4. Octopus Energy logo
    Octopus Energy

    4. Flexible Octopus

    Variable
    Next 12 months£1,762£147 a month£7 less than the cap
    Electricity26.55p per kWh54.44p a day
    Gas8.09p per kWh29.00p a day
    • Prices can change
    • No exit fees
    • Direct Debit
    About Octopus Energy
  5. E.ON Next logo
    E.ON Next

    5. Next Flex

    Variable
    Next 12 months£1,769£147 a monthAbout the same as the cap
    Electricity26.55p per kWh55.41p a day
    Gas8.09p per kWh29.96p a day
    • Prices can change
    • No exit fees
    • Direct Debit
    About E.ON Next
  6. EDF logo
    EDF

    6. Standard Variable

    Variable
    Next 12 months£1,769£147 a monthAbout the same as the cap
    Electricity26.55p per kWh55.41p a day
    Gas8.09p per kWh29.96p a day
    • Prices can change
    • No exit fees
    • Direct Debit
  7. Sainsbury's Energy logo
    Sainsbury's Energy · supplied by E.ON Next

    7. Sainsbury's Standard Variable

    Variable
    Next 12 months£1,769£147 a monthAbout the same as the cap
    Electricity26.55p per kWh55.41p a day
    Gas8.09p per kWh29.96p a day
    • Prices can change
    • No exit fees
    • Direct Debit
    About Sainsbury's Energy
  8. Sainsbury's Energy logo
    Sainsbury's Energy · supplied by E.ON Next

    8. Sainsburys Track and Reward 12m

    Tracker
    Next 12 months£1,769£147 a monthAbout the same as the cap
    Electricity26.55p per kWh55.41p a day
    Gas8.09p per kWh29.96p a day
    • 12-month tracker
    • No exit fees
    • Direct Debit
    About Sainsbury's Energy
  9. Cheapest 100% renewable (supplier says)

    Good Energy logo
    Good Energy

    9. Good Energy Standard

    Variable
    Next 12 months£1,857£155 a month£89 more than the cap
    Electricity26.01p per kWh67.11p a day
    Gas8.59p per kWh32.92p a day
    • Prices can change
    • No exit fees
    • Direct Debit
    • 100% renewable (supplier says)
    About Good Energy
  10. Cheapest fix

    EnergyCoop logo
    EnergyCoop · supplied by Octopus Energy

    10. Co-op 18M Fixed

    Fixed 18 months
    Next 12 months£1,960£163 a month£191 more than the cap
    Electricity28.99p per kWh54.44p a day
    Gas9.51p per kWh29.00p a day
    • Cheaper than the cap if the cap rises more than 13.8% from 1 January 2027
    • 18-month fix
    • £75 exit fee per fuel
    • Direct Debit
    About EnergyCoop

How South Wales compares

South Wales is the 12th cheapest of 14 regions on the cap. A medium home here pays £20 a year more than the Great Britain average, and £71 more than in East Midlands, the cheapest.

How you payDirect Debit takes a set amount from your bank each month. Pay on receipt of bill means paying each bill when it comes, which the cap allows a little more for. Prepayment means topping up before you use energy.
  1. The cap's rates in South Wales, VAT included
    Per kWhWhat each kWh you use costs, in pence. Use more and you pay more.A dayA fixed charge for each day you're connected, however little you use. You pay it even on a day you use nothing.
    Electricity26.55p55.41p
    Gas8.09p29.96p
    The cheapest tariffs here

A medium home on the cap with a single-rate meter, VAT includedOfgem's middle home, using 2,500 kWh of electricity and 9,500 kWh of gas a year. It's how the cap is put in pounds; your own use changes the figure.. Your own use changes the figure. Economy 7's rates are in the cap in every region.

How I rank, and how I make money

Cheapest first, on the estimate for your home, with ties in supplier then tariff name order. Commission never changes who's listed or the order. A link to a supplier that pays me may earn me commission if you switch through it; every other link earns nothing.

Suppliers that pay me now: none of them.

What I compare

I compare the tariffs Octopus Energy, EnergyCoop, London Power, E.ON Next, Sainsbury's Energy, EDF and Good Energy publish openly. British Gas, OVO Energy, ScottishPower, So Energy, Utilita and other suppliers don't publish theirs in a form I can use, so they aren't here. The price cap is the most any supplier can charge on a standard variable tariff.

Prices I hold

Not here

Supplier details checked 10 October 2026.

Before you switch

  • Staying put can be the deal. Ofgem's rules stop suppliers keeping a tariff for new customers only, so your own supplier's deals are open to you too. Ask yours what it offers before you move.
  • Warm Home Discount. If you get it, check the new supplier offers it before you switch: not every supplier does, and you could lose it for this winter. About the Warm Home Discount
  • Money owed. Pay by Direct Debit or by bill and owe your supplier money for more than 28 days? It can stop you switching until it's paid. On prepayment you can usually switch owing up to £500, which moves to the new supplier.
  • Exit fees. Leaving a fix early can cost a fee per fuel. In the last 49 days of a fixed tariff there's none to pay.

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