We’ve looked at where you can get the cheapest gas and electricity prices in the Somerset area to give you an idea of what you could be paying if you switched energy suppliers and how much you could save on your energy bills.
Who are the cheapest energy suppliers in Somerset?
By using the current prices for tariffs in Somerset and the average gas and electricity usage for a 3-bedroom home, we have found the below energy providers currently have the cheapest tariffs near you:
| Supplier Name | Tariff Name | Tariff Type | Monthly Cost | Annual Cost |
|---|---|---|---|---|
| Octopus Energy | Octopus Fixed12m | Fixed | £133 | £1,597 |
| Outfox The Market | Fix’d Dual Aug24 v4.0 | Fixed | £134 | £1,603 |
| EDF Energy | Essentials Fixed 1Yr Sep25 | Fixed | £137 | £1,645 |
| OVO Energy | 1 Year Fixed 19 August 2024 | Fixed | £137 | £1,648 |
| E.ON Next | Next Fixed 12m v23 | Fixed | £140 | £1,683 |
| British Gas | Fixed Tariff 12M v9 | Fixed | £144 | £1,725 |
Use our comparison site here to find the cheapest gas and electricity prices based on your usage.
Who is the best energy supplier in Somerset?
When looking at energy suppliers, it is important to not just focus on price.
Using data from Trustpilot, we have highlighted the best-performing energy suppliers that are available in Somerset below:
| Supplier Name | Reviews Rating | No. Reviews |
|---|---|---|
| Octopus Energy | 4.8 | 344,000+ |
| OVO | 4.4 | 175,000+ |
| EDF Energy | 4.5 | 91,000+ |
| E.ON Next | 4.4 | 100,000+ |
| British Gas | 4.2 | 235,000+ |
What are the maximum standing charges in Somerset?
Your standing charge is a daily fee you must pay to your energy supplier regardless of your energy usage. Under the rules of the Ofgem price cap, a company is allowed to charge a maximum amount, which varies depending on where you live.
Somerset falls under the South West area, meaning standing charges are currently capped at 30.97p per day for gas and 67.19p per day for electricity. This means that whoever your supplier is, these are the maximum amounts they can charge you.
Combined, this gives a maximum standing charge for gas and electricity of 98.16p.
This means that Somerset is in the area ranked 11th out of the 14 regions in terms of maximum standing charges rates (14th is highest). The capped price is 8% higher than the average.
These rates are based on the July 2024 price cap.
What are the maximum unit prices in Somerset?
Your unit rate is how much you are charged per unit of gas or electricity you use. These units are measured in kWh.
Similar to standing charges, a supplier can charge a maximum for each unit of gas or electricity, which varies depending on your area.
In Somerset, as it is in the South West, the cap on the unit rate for electricity is 24.21p and the maximum unit rate for gas is 6.33p.
Combined, this gives a maximum unit charge for gas and electricity of 128.7p.
This means that Somerset is in the area ranked 12th out of the 14 regions in terms of maximum unit prices (1st is lowest). The capped rate is 6% higher than the average.
Again, these are based on the July 2024 price cap and will next be updated in October 2024.
Which distribution network covers Somerset?
The UK’s energy distribution network is supported by several key companies, each responsible for specific regions. These firms manage the infrastructure delivering energy to homes and businesses, ensuring a reliable supply.
Due to being based in the South West region, the distributor for Somerset is National Grid.
National Grid Electricity Distribution, previously Western Power Distribution, is the UK’s largest electricity distributor, serving 8 million customers across the Midlands, South West, and Wales. Covering 55,000 square kilometres, its 6,500 staff ensure a reliable electricity supply and excellent customer service for millions of homes and businesses.