Energy costs play a significant role in property management profitability. Whether you are a landlord, investor, or property manager, selecting the right energy supplier — based not only on service quality but also on competitive pricing — is critical to protecting your yields and keeping operational expenses predictable.
National Gas and Power (also known as National Power and Gas) positions itself as a cost-effective supplier in the UK’s highly competitive energy market. But how do their rates truly compare to leading providers?
This guide offers a full comparison of National Gas and Power’s typical rates alongside other major energy suppliers for residential and small commercial properties in 2025.
| Tariff Type | Average Unit Rate (Electricity) | Average Unit Rate (Gas) | Standing Charge (Electricity) | Standing Charge (Gas) |
|---|---|---|---|---|
| Fixed-Rate Tariff | 29.8p/kWh | 7.6p/kWh | 56p/day | 31p/day |
| Variable-Rate Tariff | 30.5p/kWh | 8.0p/kWh | 59p/day | 33p/day |
Note: Rates vary by location, property type, and credit profile. These figures represent averages based on residential small-use accounts.
| Supplier | Average Electricity Rate | Average Gas Rate | Notable Features |
|---|---|---|---|
| Octopus Energy | 28.5p/kWh | 7.3p/kWh | 100% renewable tariffs, award-winning customer care |
| EDF Energy | 29.2p/kWh | 7.5p/kWh | Wide range of fixed and flexible plans |
| British Gas | 30.8p/kWh | 8.2p/kWh | Extensive maintenance add-ons available |
| E.ON Next | 29.5p/kWh | 7.6p/kWh | Focus on renewable energy and digital account management |
| So Energy | 28.0p/kWh | 7.1p/kWh | Competitive renewable-only tariffs |
National Gas and Power’s electricity and gas rates are not the cheapest but remain competitive, especially for fixed-rate contracts.
Their standing charges (the daily fee customers pay regardless of usage) are slightly higher than providers like Octopus Energy and So Energy.
Unlike competitors such as Octopus Energy and So Energy, National Gas and Power does not specialize in renewable energy tariffs.
This may affect tenant attraction, especially for sustainability-conscious renters in London and other urban areas.
Although National Gas and Power offers relatively competitive rates, service levels are average, and managing billing disputes or account changes may require more effort compared to top-rated providers.
Single-Unit Properties: For landlords managing a few residential properties who prioritize cost over premium service.
Short-Term Contracts: When seeking simple, short-term fixed contracts without complex tariff structures.
Low Usage Properties: Properties with minimal energy needs where standing charges have a limited financial impact.
Large Property Portfolios: Landlords managing multiple properties may benefit from providers offering better portfolio management support and consolidated billing.
Green-Focused Properties: If promoting sustainable living is a selling point, green energy suppliers like Octopus Energy or So Energy would be preferable.
High-Service Expectation: Property owners wanting 24/7 support, mobile apps, and fast billing resolution should consider higher-rated suppliers.
Fraser Bond specializes in end-to-end property management, including:
Energy Supplier Advisory: Identifying the most cost-effective, service-reliable energy providers for your specific property type.
Utility Setup Coordination: Seamless account openings, switches, and supplier negotiations.
Cost Control Strategies: Ensuring operational savings across multi-property portfolios through smarter utility management.
Our team ensures you make informed, financially sound decisions that protect your property’s profitability and reputation.
National Gas and Power offers competitive but mid-range energy rates compared to major UK suppliers. While their simple tariff structures may appeal to cost-conscious landlords, factors such as limited green options and average customer service must be considered carefully.
Fraser Bond provides expert support to help you select the right energy solutions, ensuring efficient property operations and tenant satisfaction across your real estate investments.
