Octopus Energy · London · VAT included
Octopus Tracker prices in London
On today's prices London is the 7th cheapest of the 14 regions on this tariff, where East Midlands is cheapest and Merseyside and North Wales dearest.
- Average today
- 24.96p
- Cheapest today
- 24.96p
- Most expensive today
- 24.96p
- Standing charge
- 42.42p
weighted by how long each price lasts
per day
Against the price cap in London
The Ofgem cap for a single-rate direct debit meter here is 26.35p per kWh plus 44.78p a day. Today this tariff averaged 1.39p below the cap unit rate.
This compares one day’s unit rates only. What you pay also depends on the standing charge and on when you use electricity, so treat this as an indication rather than a saving. Cap period 2026-07-01 to 2026-09-30.
Your distribution network
The wires here are run by UK Power Networks, not by your supplier.
- Minutes without power
- 10.5 minutes for the average customer in 2024/25, against a target of 13.6 — met. The industry average was 35.1.
- How often supply was lost
- 11.2 interruptions per 100 customers in 2024/25, against a target of 13.4.
These figures do not change when you switch tariff or supplier — the network is the same whoever bills you. Every region compared.
What is regional about this, and what is not
The unit rate and standing charge differ by distribution region because the cost of getting electricity to your door does. The Ofgem cap is set regionally for the same reason, which is why the comparison above uses London’s cap rather than a national average.
The network figures are about the wires, not the supplier. Switching tariff or supplier does not change who maintains your local network or how often the power goes off — those stay the same whoever bills you.
Everything else about Octopus Tracker — how the pricing works, who it suits, what to watch for — is on the main Octopus Tracker page, which covers every region.