Map of Hinckley

We’ve looked at where you can get the cheapest gas and electricity prices in the Hinckley 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.

Hinckley, located in Leicestershire, is a vibrant market town steeped in history and rich in community spirit. Renowned for its charming blend of traditional and modern amenities, Hinckley boasts an array of independent shops, delightful cafes, and bustling markets. The town is also home to historic landmarks, such as the impressive Hinckley Grammar School and the picturesque Ashby Canal, which provide beautiful spots for leisurely strolls. With a variety of parks and recreational spaces, Hinckley fosters an active lifestyle and a strong sense of belonging among its residents. Its warm community atmosphere makes it an inviting place for all.



Who are the cheapest energy suppliers in Hinckley?

By using the current prices for tariffs in Hinckley 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 NameTariff NameTariff TypeMonthly CostAnnual Cost
Octopus EnergyOctopus Fixed12mFixed£133£1,597
Outfox The MarketFix’d Dual Aug24 v4.0Fixed£134£1,603
EDF EnergyEssentials Fixed 1Yr Sep25Fixed£137£1,645
OVO Energy1 Year Fixed 19 August 2024Fixed£137£1,648
E.ON NextNext Fixed 12m v23Fixed£140£1,683
British GasFixed Tariff 12M v9Fixed£144£1,725
This was last updated 29th November 2024.

Other locations nearby that is information is also likely applicable to includes Burbage, Market Bosworth, Nuneaton, Earl Shilton, Stoke Golding, Barwell, Higham on the Hill, Dadlington, Shenton and Wykin.

Who is the best energy supplier in Hinckley?

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 Hinckley  below:

Supplier NameReviews RatingNo. Reviews
Octopus Energy4.8440,000+
OVO4.5190,000+
EDF Energy4.6108,000+
E.ON Next4.4 130,000+
British Gas4.2250,000+

What are the maximum standing charges in Hinckley?

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.

Hinckley falls under the East Midlands area, meaning standing charges are currently capped at 31.49p 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 88.39p.

This means that Leicestershire is in the area ranked 4th out of the 14 regions in terms of maximum standing charges rates (14th is highest). The capped price is 5% lower than the average.

These rates are based on the October 2024 price cap.

What are the maximum unit prices in Hinckley?

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 Hinckley, as it is in the East Midlands, the cap on the unit rate for electricity is 23.77p and the maximum unit rate for gas is 6.1p.

Combined, this gives a maximum unit charge for gas and electricity of 118.26p.

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 4% lower than the average.

Again, these are based on the October 2024 price cap and will next be updated in January 2025.

What is the average energy usage for a property in Hinckley?

Hinckley is in the Hinckley and Bosworth District local government area.

Gas Usage

In this area, there are 51,000 domestic properties.

47,000 of these properties have a gas meter whilst 4,000 are not connected to the gas grid (approximately 8% of properties).

The total gas usage for this area is 524 GWh, with the average household consuming 11,146 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 51,500 domestic electricity meters in this area.

The total consumption of all meters comes to 168 GWh, with the average household consuming 3,222 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 Hinckley rate for energy efficiency?

When it comes to the efficiency of properties, 41% in Hinckley and Bosworth 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 3.9 tonnes/year for existing properties and 1.5 tonnes/year for new properties.

Combined, the average CO2 emissions for properties in this area is 4 tonnes/year.

When it comes to central heating, the table below shows the main fuel type used for central heating in this area:

Fuel TypePercentage
Community heating scheme1%
Electricity7%
Mains gas88%
Oil3%
Other or unknown1%

How is the smart meter rollout going in Hinckley?

Smart meters are currently being rolled out across the UK and are available for free to most customers from their energy suppliers.

In Hinckley and Bosworth District (which covers Hinckley) 63% 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 Hinckley?

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 Hinckley 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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