We’ve looked at where you can get the cheapest gas and electricity prices in the Loftus 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.
Loftus is a charming market town nestled in the picturesque landscape of North Yorkshire. Known for its rich history and vibrant community spirit, Loftus boasts a variety of local shops, traditional pubs, and delightful eateries that reflect its warm, welcoming character. The stunning surrounding scenery offers ample opportunities for outdoor activities, while the town’s historic architecture adds to its unique charm. With a strong sense of community, Loftus hosts regular events and markets, making it a lively hub for residents and visitors alike.
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Who are the cheapest energy suppliers in Loftus?
By using the current prices for tariffs in Loftus 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 |
Other locations nearby that is information is also likely applicable to includes Skelton, Brotton, Carlin How, Easington, New Skelton, Slapewath, Skinningrove, Saltburn, Marske, and Redcar.
Who is the best energy supplier in Loftus?
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 Loftus below:
| Supplier Name | Reviews Rating | No. Reviews |
|---|---|---|
| Octopus Energy | 4.8 | 440,000+ |
| OVO | 4.5 | 190,000+ |
| EDF Energy | 4.6 | 108,000+ |
| E.ON Next | 4.4 | 130,000+ |
| British Gas | 4.2 | 250,000+ |
What are the maximum standing charges in Loftus?
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.
Loftus falls under the Northern area, meaning standing charges are currently capped at 31.74p per day for gas and 72.1p 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 103.84p.
This means that North Yorkshire is in the area ranked 14th out of the 14 regions in terms of maximum standing charges rates (14th is highest). The capped price is 12% higher than the average.
These rates are based on the October 2024 price cap.
What are the maximum unit prices in Loftus?
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 Loftus, as it is in the Northern, the cap on the unit rate for electricity is 23.19p and the maximum unit rate for gas is 6.22p.
Combined, this gives a maximum unit charge for gas and electricity of 133.25p.
This means that North Yorkshire is in the area ranked 14th out of the 14 regions in terms of maximum unit prices (1st is lowest).
The capped rate is 8% higher 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 Loftus?
Loftus is in the Redcar and Cleveland local government area.
Gas Usage
In this area, there are 66,000 domestic properties.
63,000 of these properties have a gas meter whilst 3,000 are not connected to the gas grid (approximately 4% of properties).
The total gas usage for this area is 655 GWh, with the average household consuming 10,513 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 65,600 domestic electricity meters in this area.
The total consumption of all meters comes to 175 GWh, with the average household consuming 2,744 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 Loftus rate for energy efficiency?
When it comes to the efficiency of properties, 38% in Redcar and Cleveland 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 3.8 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 Type | Percentage |
|---|---|
| Community heating scheme | 1% |
| Electricity | 6% |
| Mains gas | 90% |
| Oil | 1% |
| Other or unknown | 2% |
How is the smart meter rollout going in Loftus?
Smart meters are currently being rolled out across the UK and are available for free to most customers from their energy suppliers.
In Redcar and Cleveland (which covers Loftus) 51% 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 Loftus?
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 Northern region, the distributor for Loftus is Northern Powergrid.
Northern Powrgrid serves over 8 million people across North East England, Yorkshire, and northern Lincolnshire. They ensure safe, reliable electricity delivery from chosen suppliers, fix outages around the clock, and focus on future energy systems. Their innovation supports a greener, net-zero future while powering everyday life for customers and businesses.
Get £50 credit if you switch to Octopus energy today!
- Rated 4.8/5 on Trustpilot from over 400,000 reviews
- One of the cheapest suppliers
- Get a free quote in less than 30 seconds, get £50 credit when you switch