We’ve looked at where you can get the cheapest gas and electricity prices in the Oxford 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.
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Who are the cheapest energy suppliers in Oxford?
By using the current prices for tariffs in Oxford 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 | £139 | £1,667 |
| Outfox The Market | Fix’d Dual | Fixed | £140 | £1,684 |
| ScottishPower | Help Beat Cancer Flexi | Variable | £140 | £1,685 |
| British Gas | Fixed Tariff | Fixed | £140 | £1,686 |
| E.ON Next | Next Fixed 18m | Fixed | £141 | £1,687 |
| EDF Energy | Simply Fixed | Fixed | £141 | £1,688 |
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.
Other locations nearby that is information is also likely applicable to includes Iffley, Wolvercote, Littlemore, Cowley, Marston, Headington, Kennington, North Hinksey, Sandford on Thames and East Oxford.
Who is the best energy supplier in Oxford?
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 Oxford below:
| Supplier Name | Reviews Rating | No. Reviews |
|---|---|---|
| Octopus Energy | 4.8 | 480,000+ |
| OVO | 4.5 | 198,000+ |
| EDF Energy | 4.7 | 118,000+ |
| E.ON Next | 4.5 | 145,000+ |
| British Gas | 4.2 | 265,000+ |
What are the maximum standing charges in Oxford?
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.
Oxford falls under the South East area, meaning standing charges are currently capped at 31.38p per day for gas and 57.83p 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 89.21p.
This means that Oxfordshire 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 January 2025 price cap.
What are the maximum unit prices in Oxford?
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 Oxford, as it is in the South East, the cap on the unit rate for electricity is 25.6p and the maximum unit rate for gas is 6.27p.
Combined, this gives a maximum unit charge for gas and electricity of 121.08p.
This means that Oxfordshire 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 January 2025 price cap and will next be updated in April 2025.
What is the average energy usage for a property in Oxford?
Oxford is in the Oxford District local government area.
Gas Usage
In this area, there are 63,000 domestic properties.
52,000 of these properties have a gas meter whilst 11,000 are not connected to the gas grid (approximately 17% of properties).
The total gas usage for this area is 625 GWh, with the average household consuming 12,154 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 59,000 domestic electricity meters in this area.
The total consumption of all meters comes to 190 GWh, with the average household consuming 3,594 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 Oxford rate for energy efficiency?
When it comes to the efficiency of properties, 51% in Oxford 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 3.0 tonnes/year for existing properties and 1.0 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 | 4% |
| Electricity | 17% |
| Mains gas | 78% |
| Oil | 0% |
| Other or unknown | 0% |
How is the smart meter rollout going in Oxford?
Smart meters are currently being rolled out across the UK and are available for free to most customers from their energy suppliers.
In Oxford District (which covers Oxford) 52% 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 Oxford?
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 Oxford 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.
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.