We’ve looked at where you can get the cheapest gas and electricity prices in the Folkestone 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.
Folkestone is a Town in Kent with the postcode sector CT20 1.
It is a charming coastal town known for its picturesque views and vibrant community. It offers a mix of historical landmarks, stunning beaches, and bustling shops and restaurants. Visitors can explore the iconic cliffs, enjoy traditional fish and chips, or simply relax by the sea. It is a must-visit destination for anyone seeking a seaside escape.
Who are the cheapest energy suppliers in Folkestone?
By using the current prices for tariffs in Folkestone 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 Folkestone?
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 Folkestone 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 Folkestone?
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.
Folkestone falls under the South East area, meaning standing charges are currently capped at 30.94p per day for gas and 56.9p 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 87.84p.
This means that Kent is in the area ranked 5th out of the 14 regions in terms of maximum standing charges rates (14th is highest). The capped price is 4% lower than the average.
These rates are based on the July 2024 price cap.
What are the maximum unit prices in Folkestone?
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 Folkestone, as it is in the South East, the cap on the unit rate for electricity is 25.29p and the maximum unit rate for gas is 5.97p.
Combined, this gives a maximum unit charge for gas and electricity of 119.1p.
This means that Kent is in the area ranked 5th out of the 14 regions in terms of maximum unit prices (1st is lowest).
The capped rate is 2% lower than the average.
Again, these are based on the July 2024 price cap and will next be updated in October 2024.
What is the average energy usage for a property in Folkestone?
Folkestone is in the Folkestone and Hythe District local government area.
Gas Usage
In this area, there are 53,000 domestic properties.
44,000 of these properties have a gas meter whilst 8,000 are not connected to the gas grid (approximately 16% of properties).
The total gas usage for this area is 441 GWh, with the average household consuming 10,096 kWh of gas per year.
For context, the area with the highest average gas usage was the Elmbridge District, with 16,182 kWh per year, and the lowest gas usage was the City of Plymouth, with 7,976 kWh per year.
Electricity Usage
In total, there are 52,300 domestic electricity meters in this area.
The total consumption of all meters comes to 167 GWh, with the average household consuming 3,132 kWh of electricity per year.
For context, the area with the highest average electricity usage was the Cotswolds, with 4,947 kWh per year, and the lowest electricity usage was the South Tyneside District, with 2,527 kWh per year.
How do properties in Folkestone rate for energy efficiency?
When it comes to the efficiency of properties, 40% in Folkestone and Hythe District are rated as EPC Band C or above.
The lowest-rated area in the UK (Pendle District) has only 22% of properties rated Band C or above.
In contrast, the best-performing area (Salford) has 65% of properties rated Band C or above.
The average estimated CO2 emissions from these properties is 3.6 tonnes/year for existing properties and 1.4 tonnes/year for new properties.
Combined, the average CO2 emissions for properties in this area is 3 tonnes/year.
When it comes to central heating, the table below shows the main fuel type used for central heating in this area:
Fuel Type | Percentage |
---|---|
Community heating scheme | 1% |
Electricity | 11% |
Mains gas | 81% |
Oil | 4% |
Other or unknown | 2% |
How is the smart meter rollout going in Folkestone?
Smart meters are currently being rolled out across the UK and are available for free to most customers from their energy suppliers.
In Folkestone and Hythe District (which covers Folkestone) 55% of meters are a smart meter, based on the latest available data from 2023.
Torridge has the lowest percentage of smart meter installations, with only 46% being smart.
In contrast, Chesterfield has the highest percentage of smart meters at 69%.
Which distribution network covers Folkestone?
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 East region, the distributor for Folkestone is UK Power Networks.
UK Power Networks operates electricity cables and lines in London, the South East, and East of England, ensuring reliable and safe power. They prioritise climate action, customer service, and community support. While your electricity supplier bills you, a portion funds UK Power Networks for maintaining local power infrastructure.