We all need heat and light to live. Unfortunately, the cost of making our homes comfortable has increased dramatically, and energy has become a bigger proportion of a typical household’s living costs.
The energy market is in crisis, with extreme volatility in energy wholesale prices leading to huge increases for bills in 2022.
The market is regulated by the Office of Gas and Electricity Markets, known as Ofgem Authority, whose role is to protect consumers by promoting competition and fair practise within the industry.
This page provides an overview of the major UK energy suppliers, summarises recent industry news, and gives some advice and tips, as well as sources for further support.
<aside> 📢 The government’s Energy Price Guarantee is supporting households with energy bills until April 2023. This will cap the average household energy bill at £2500. Read more here
Contents of this page
The top 8 suppliers account for 80% of the UK gas and electricity market.
Our expert take on how to get the best energy supplier for your household. Our independent and honest reviews of each supplier collate information from trusted sources into one place to guide you in finding the best solution for your electricity and gas needs.
This is a worrying time for households as the energy crisis means that bills are at unprecedented levels. This guide gives information on how the government is helping households and what other benefits you may be eligible for.
The energy crisis means there are unlikely to be any providers who can offer you a cheaper price than the “SVT” Standard Variable Tariff rate protected by the government’s Energy Price Guarantee.
Whilst government support will soften some of the financial impact, household energy bills will still be significantly higher this winter.
A large proportion of your energy bill comes from heating your home and hot water. Find quick ways to reduce usage and heat loss with our energy saving tips here
For the most up-to-date practical advice, read our guide to Saving money on energy.
<aside> 🆘 If you are struggling with energy debt and need urgent help with your energy bills, see this guide
The government’s Energy Price Guarantee is in place until April 2023
The price guarantee will mean the typical household in England, Wales and Scotland will pay an average of £2,500 a year on their energy bill. Much like the energy price cap before it, the new price guarantee is a cap on the unit rate (kWh) of energy, so the price you pay will depend on your actual usage.
Despite this protection, a home with typical usage will now pay double on their energy bills this winter compared to winter 2021. However, had the protection not being in place, bills could have rocketed up to 4 or 5 times in cost.