Last updated: 6th February 2026
We’ve looked at where you can get the cheapest gas and electricity prices in the Leicestershire 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 Leicestershire?
By using the current prices for tariffs in Leicestershire and the average gas and electricity usage for a 3-bedroom home, we have found the following energy providers currently have the cheapest tariffs near you:
| Supplier Name | Tariff Name | Tariff Type | Monthly Cost | Yearly Cost | Early Exit Fee |
|---|---|---|---|---|---|
| Octopus Energy | Octopus 12M Fixed | Fixed | £133 | £1,601 | £0 |
| E.ON Next | Next Fixed 14m | Fixed | £133 | £1,603 | £100 |
| OVO Energy | 1 Year Fixed + Boiler Cover | Fixed | £139 | £1,667 | £100 |
| British Gas | Fixed Tariff Feb27 | Fixed | £140 | £1,678 | £100 |
| EDF Energy | Simply Tracker Mar27 | Variable | £145 | £1,735 | £50 |
| ScottishPower | Help Beat Cancer Fixed Apr 2027 | Fixed | £147 | £1,762 | £100 |
Octopus Energy is often the cheapest energy supplier in your area.
Get a free quote in less than 30 seconds plus get £50 credit when you switch.
If you want to look at all the cheapest energy suppliers right now, check out our up-to-date guide here.
Who is the best energy supplier in Leicestershire?
When looking at energy suppliers, it is important not to just focus on price.
Using data from Trustpilot, we have highlighted the best-performing energy suppliers that are available in Leicestershire below:
| Supplier Name | Reviews Rating | No. Reviews |
|---|---|---|
| Octopus Energy | 4.8 | 750,000+ |
| OVO | 4.6 | 258,000+ |
| EDF Energy | 4.8 | 199,000+ |
| E.ON Next | 4.5 | 187,000+ |
| British Gas | 4.4 | 323,000+ |
What are the maximum standing charges in Leicestershire?
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.
Leicestershire falls under the East Midlands area, meaning standing charges are currently capped at 34.82p per day for gas and 50.17p 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 84.99p.
This means that Leicestershire is in the area ranked 5th out of the 14 regions in terms of maximum standing charge rates (14th is highest). The capped price is 5% lower than the average.
These rates are based on the January 2026 price cap.
What are the maximum unit prices in Leicestershire?
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 Leicestershire, as it is in the East Midlands, the cap on the unit rate for electricity is 26.89p and the maximum unit rate for gas is 5.78p.
Combined, this gives a maximum unit charge for gas and electricity of 117.66p.
This means that Leicestershire is in the area ranked 4th out of the 14 regions in terms of maximum unit prices (1st is lowest). The capped rate is 5% lower than the average.
Again, these are based on the January 2026 price cap and will next be updated in April 2026.
Which distribution network covers Leicestershire?
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 East Midlands region, the distributor for Leicestershire 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.
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Octopus Energy is often the cheapest big name energy supplier in your area.
Get a free quote in less than 30 seconds plus get £50 credit when you switch.