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Affect Energy was founded in 2016 as a small, independent energy supplier. It was bought by Octopus Energy, although it continues selling energy tariffs under its own name. Read on now to learn more about the supplier and see if it could be a good fit for you.

Avro Energy aims to cut the fancy phrases and offer a cheap and simple service. Its prices consistently rank as some of the cheapest on the market and it receives sold reviews online. It could be the small-time, no-nonsense energy supplier you’re looking for.

Better Energy aims to provide a simple, uncomplicated service to its customers. Its tariffs are generally good value for money and are among some of the cheaper deals available. Find out about Better Energy’s tariff prices, reviews and customer service contact.

Boost Energy is one of the only suppliers in the UK that only sells pay-as-you-go tariffs. Started in 2017 as part of the OVO Energy family, it offers traditional prepayment tariffs as well as smart meter prepayment plans that you can top up online, by text, in a PayPoint store or via the handy mobile app. Read on for more details and reviews of the provider.

Breeze Energy was a small energy supplier that opened its doors in 2015 and unfortunately closed down in 2019. It wanted to help customers save money on their gas and electricity bills by providing them with energy-saving tips and a cheap tariff. Here we take a look at reviews, new login info and why Breeze Energy stopped trading.

In March 2019, Brilliant Energy stopped trading and SSE took over all of its customers. In this complete guide to the energy supplier, we explain what this means for all customers and provide up-to-date information on tariffs, final bills, login and contact details.

Bristol Energy was started by Bristol City Council. It aims to supply affordable energy across the UK, while its profits go back into its local community. If the sound of supporting a community by paying your energy bills appeals to you, Bristol Energy could be the answer.

Providing gas and electricity to about 12 million households in the United Kingdom, British Gas is unquestionably the nation’s largest energy provider. Here we take a look at what British Gas has to offer in the increasingly competitive world of supplying energy?

Budget Energy is a small supplier from Northern Ireland. They provide electricity to thousands of homes, farms, and businesses across NI.

Bulb Energy is a startup based in London and aims to provide green energy without the premiums. A full 100% of its electricity and 10% of its gas come from independent green energy generators in the UK. The company has grown dramatically in recent years and currently supplies over 850,000 homes in the UK. If you’re looking for an ethical company that values customer service, transparent tariffs and which is concerned about the environment, then Bulb Energy might be a good choice.

Click Energy NI is one of five providers that supply electricity to domestic customers in Northern Ireland. Founded in 2015, it offers a wide range of tariffs with three pay monthly plans, three prepayment options, a green business tariff and an energy deal specifically designed for farmers.

Coop Energy claims to be a different type of electricity and gas supplier. Unlike other UK energy companies, Coop (also known as Cooperative Energy) is part of a larger Cooperative, meaning the company is owned by coop members, rather than large foreign corporations like most Big Six companies. But is Coop Energy really revolutionary or just one more big energy supplier? We’re delving into the supplier’s history, services offered, fuel mix, prices and more to find out.

Corona Energy is a well established business energy provider in the UK. The company has been operating since 1995, providing gas and electricity to over ten thousand non-residential clients.

Looking for a simple gas tariff? Daligas - one of the UK’s gas only energy suppliers - offers two straightforward gas tariffs, one for domestic customers and one for business customers. Read on for customer reviews, login details, tariff information and more to see if it’s the right gas supplier for you.

E Energy was founded in 2014 by former Economy Energy co-owner Paul Cooke. The Birmingham-based provider offers a 'no-nonsense' approach to prepayment gas and electricity with a focus on keeping costs down.

Ebico is not a well-known name in the UK energy market, but if you want a supplier with a social conscience, it could be the one for you. A not-for-profit provider working hard to help those who struggle to pay their energy bills - whilst also offering 100% green electricity - Ebico is a small energy supplier with big ambitions. Read on to learn more.

Economy Energy was a UK energy supplier that stopped trading in January 2019. Ovo Energy and its prepayment arm, Boost, have now taken over all of its customers. In this guide, we provide final news on the supplier, advice for former customers, and take a look at the company’s reviews, prices and extra services to get more of an idea of why it went bust.

Ecotricity is the world’s first green energy company. Founded in 1996 with just a single windmill, it now supplies green gas and electricity to around 200,000 homes in the UK. What’s it offering on the market that makes Ecotricity so popular? Find out what that is and how to get a piece of the good green stuff.

Providing gas and electricity to about 4.9 million residential customers in the UK, EDF Energy is currently the UK’s fourth-biggest energy supplier with 9.6% market share and the largest provider by volume in the nation. However, today’s energy market is increasingly competitive, so what does EDF Energy have to offer the informed consumer? Read on for all the essential information about this Big Six supplier.

Electric Ireland NI is one of five electricity suppliers in Northern Ireland. Until 2015, it only supplied business energy, but since branching out into the domestic market it has gained 1.2 million residential customers. As one of the cheapest suppliers in Northern Ireland, it offers a good range of standard and pay as you go energy plans.

Engie is a relative newcomer to the domestic market, having only started providing energy to UK homes in 2017. You may not have heard the name before, but behind this seemingly new player is a multinational with a long history of energy generation and supply. Read on to find out if Engie could be the right supplier for you.

Although belonging to a Europe-wide energy group, Enstroga operates as a small, independent energy provider in the UK. The provider claims to provide affordable energy with transparent, high-quality customer service. Find out more in this provider summary.

German-owned EON is one of the Big Six gas and electricity suppliers to households and businesses across the UK and abroad. They're the most significant investor-owned energy company in the world. Will they keep their top position given their high prices and poor customer service? Find out what they have to offer you and whether it's worth switching to them.

Extra Energy certainly had a lot to shout about. It launched in April 2014 and was the fastest-growing energy supplier in the UK by 2016, attracting 29.4% of all customers that switched gas and electricity suppliers. Sadly, Extra Energy ceased trading in 2018. Read on to learn more.

Fairerpower is an energy supplier set up by Cheshire East council to supply gas and electricity to Cheshire and Lancashire residents. The supplier works in partnership with Ovo Energy; it sets the tariff while Ovo Energy takes care of supplying and billing.

Firmus Energy is one of two gas suppliers in Northern Ireland. Supplying gas to the Ten Towns area, which includes Antrim and Derry, and the Greater Belfast region, it offers a range of tariffs for households, and small, medium and large businesses. It also has its own natural gas distribution network and encourages more households to connect to the network.

First Utility is the UK’s largest independent gas and electricity provider outside of the Big Six, with over one million household and business customers. Find out about tariffs, reviews, and prices. If you are already a customer, find out how to login to your online account!

Fischer Energy claims that it is powering the future. Although not new to the energy Market, Fischer Energy is a new gas and electricity supplier which has just one Fair Tariff and prides itself on its customer service.

Flow Energy UK was a gas and electricity company based in Ipswich that supplied energy to households across the UK. In 2018 it was bought by Co-op Energy, but tariffs continued to be sold under the Flow Energy name. However, in 2019 Octopus Energy acquired all Flow Energy customers and the supplier stopped trading. Read on for more details on the former provider and information on what happens now for customers.

Founded in 2006, Gazprom Energy is a commercial gas and electricity provider which supplies over 20,000 businesses across the UK and Europe, with clients including McDonalds, Siemens and Chelsea Football Club.

GB Energy Supply was a small, independent UK energy provider that ceased trading in 2016. On its closure, customers were passed on to Co-op Energy. In 2019, a deal between Co-op and Octopus Energy saw former GB Energy Supply customers change hands again and become Octopus Energy customers.

GnERGY Limited has ceased trading as of 18 March 2020. Customers will be moved to Bulb Energy, as appointed by the energy regulator Ofgem. Find out what will happen to customer supplies, accounts and tariffs in our Bulb handover FAQs.

Good Energy has a history of pioneering green-first approaches to energy sourcing and supply, being the first to provide 100% renewable energy. Find out more about the supplier, its latest prices and tariffs, account management services, and reviews, all here in this guide.

Great North Energy is one of the only not for profit suppliers in the UK. The company is run by Doncaster Council in partnership with Robin Hood Energy. Its main aims are to help residents in Doncaster reduce fuel poverty and help people with rising electricity and fuel prices. It has no paid directors and no shareholders which means that all the profits from the company are reinvested in paying off the start-up loans.

Green Energy UK is the first energy provider to supply renewable electricity and green gas. Find out more about where it gets its fuel from, how to contact the supplier and read Green Energy UK reviews.

Green Network Energy entered the UK energy market in 2016 and has since grown at a staggering rate. The supplier, founded in Italy in 2003, has committed to expanding consumer choice through the supply of and investment in renewables.

Green Star Energy is a newcomer in the UK energy market. It launched its service to UK residential customers in October 2013 as an expansion of its US holding company; Just Energy Group Plc. With almost 2 million customers across North America, it’s keen to build on its success in the UK, boasting its green energy tariff as “100% renewable and affordable”. But how green and how affordable is it? Customer reviews on cost and service are a mixed bag, so the question remains... Will it retain the success built in the US, or pale in comparison with its UK energy competitors?

Guernsey Electricity is the sole electricity provider and distributor for the bailiwick of Guernsey. Importing most of its energy from France, the supplier is determined to provide electricity that comes from renewable sources to both domestic and business customers. Read on to find out what more the provider can do for you.

Guernsey Gas is located at The Energy Centre in Guernsey and provides gas services and connection to the inhabitants of the island. On Guernsey, the company goes by the simple moniker "Gas", and in fact, distributes LPG through its systems.

Haven Power Ltd is a renewable business electricity supplier based in Ipswich. Offering bespoke variable and fixed-rate tariffs for small, medium and large businesses, its energy plans are adaptable to your specific business needs.

Igloo Energy is an energy company from Southampton which has been designed for digital natives and which works in harmony with your phone to make managing your energy easier.

Iresa Energy was once the UK’s cheapest gas and electricity provider. However they have infuriated customers by hiking their monthly direct debits unexpectedly, taking one off payments and has a backlog of complaints to deal with. This prompted Ofgem to intervene, and as a result, Iresa has been forced to continue not taking on any new customers in 2018.

The Jersey Electricity Company or Jersey Electricity is a public limited company which is the sole provider for electricity in Jersey.

A descendant of one of the Channel Islands’ original gas companies, the Jersey Gas Light Company Limited, Jersey Gas has been distributing gas to the island’s homes and businesses for almost 200 years.

LoCO2 Energy ltd, which has now joined Solarplicity, was an Electricity supplier which focused on supplying energy from low carbon resources in the UK. It formed part of a group of energy production and distribution companies owned by Bob Middleton.

Lumo Energy UK began life as a price comparison website designed to help customers find the best deal on the market. It now offers its own dual fuel energy tariff, which is managed through its mobile app and customers online accounts. Lumo Energy is an exclusively online energy supplier.

M&S Energy partners with Octopus Energy through what's called a 'white-label' agreement to provide gas and electricity to domestic customers. The company claims to offer ‘feel-great energy’ that is affordable and 100% renewable.

Manx utilities are one of the leading providers of electricity and gas on the Isle of Man. They source energy inputs via three independent supply chains; natural gas, liquid fuel and electricity imports. They also generate electricity on Island and also procure electricity using an AC power interconnector marine cable. The company provides natural gas via gas pipelines.

Nabuh Energy is a Sheffield based gas and electricity supplier that entered the market in 2018. While it focuses on tariffs for prepayment meters, it also offers a few direct debit fixed-rate tariffs. It aims to save customers money and offer some of the cheapest prepayment tariffs in the UK.

For years, Npower has been one of the biggest gas and electricity suppliers in the UK. However, due to financial difficulties, it is now facing extinction as fellow Big Six supplier, E. ON, effectively swallows it up! Read on for the latest Npower news on the merger and what it means for current customers in terms of tariffs, prices and online accounts.

Octopus Energy started trading in 2015, and in just five years has over one million customers! As the only energy provider to be branded the Which? recommended supplier of the year two years running, it seems to be getting a lot of things right. With a wide range of tariffs, competitive prices, 100% renewable electricity, and award-winning customer service, is Octopus Energy worth switching to?

OneSelect Energy, which entered the UK market having begun life in the Netherlands as Energieflex in 2014, is a now-defunct provider whose customers were transferred over to Together Energy in 2018.

Opus Energy is the all-green business energy provider supplying gas and electricity to over 340,000 business premises across the UK. Find out about Opus Energy’s tariffs and services, how it compares to other business providers and how its customers rate it.

Our Power, which was established in 2016 with backing from the Scottish government, was the first UK energy supplier to operate on a non-profit basis. It went bust at the beginning of 2019.

Since its launch in 2017, Outfox the Market has promised to help customers save money on their energy bills while reducing their carbon footprint. Is it worth signing up with them? Read on and you’ll be able to decide for yourself.

Launched in 2009 and with a focus on clean energy, Bristol-based Ovo Energy is the UK’s biggest independent energy supplier. After acquiring Economy Energy and SSE’s home energy business in 2019, Ovo has become the second-largest energy provider in the UK, just behind British Gas. Read on to find out what Ovo Energy can offer you.

Want an energy supplier that puts people and the planet first? What about one that plans to return 75% of its profit back to its members? People’s Energy could be just what you are looking for! Read on to find out more about the people-powered supplier, including customer reviews, tariff information and more.

Preston based energy supplier PFP Energy focuses on keeping its bills and tariffs simple for its customers. Offering a fixed-rate, variable-rate and prepayment tariff, as well a variety of business energy tariffs, it’s suitable for a wide range of customers.

Power NI is the chief electricity supplier in Northern Ireland, covering around 60% of its internal domestic market - that’s a little under half a million customers - and having operated nigh on 90 years.

Powergen was one of the first energy companies to enter the newly deregulated energy market in 1989. Once a household name, the Powergen brand has long since been replaced after it was purchased by another provider in 2002.

Powershop have migrated from New Zealand and plan to completely change the way you think about your gas and electricity bill. This Birmingham based supplier claims to put your power back into your hands -both literally and metaphorically.

Pure Planet Energy is a new energy company created by the team who founded Virgin Mobile. An ethical energy company which uses 100% renewable energy and 100% carbon offset gas, it is the first digital-only energy supplier in the UK. With one tariff and affordable prices, it has a 0% markup on wholesale energy prices.

Robin Hood Energy is a not-for-profit energy provider owned and operated by Nottingham City Council. It was set up by the council in September 2015 in order to reduce fuel poverty by operating without frills and having no executives or shareholders to pay bonuses to, thus being able to pass on savings directly to its customers.

Sainsbury's Energy was a partnership between Sainsbury's supermarket the second-largest supermarket chain in the UK, and British Gas. Sainsbury’s claimed that they are entering the utilities market in order to support the UK’s transition to a greener future and help customers reduce carbon emissions. It boasted that it was bringing energy back to the high street. All customers have now been transferred to British Gas.

Scottish Power has been around for decades and is one of the most established energy providers in the UK. With a wide range of tariffs, an extensive amount of extra services and energy grants to help customers who struggle to pay their bills, the energy giant goes far beyond just offering energy deals

Shell Energy is a big brand that’s fairly new on the UK energy scene. Taking over First Utility in 2018 and rebranding to become Shell Energy in 2019, the supplier has a big customer base and a well-established service. It offers customers a good range of energy tariffs, lots of smart technology to make your home more efficient and 100% renewable electricity.

Based in London, So Energy is a 100% green independent energy supplier which began operating in the UK in 2015. So Energy UK believes that contrary to customers current impression, energy companies can be simple, honest and good value.

Solarplicity was one of the leading suppliers of renewable energy in the UK. They used only 100% renewable energy from biofuels, hydropower, wind and solar. Solarplicity were heavily involved in social projects and in a number of schemes to help end renewable energy fuel poverty and to promote solar panels.

Southend-on-Sea, or simply 'Southend' as it is commonly referred to, is a seaside town in Essex. It is situated on the estuary to the River Thames, leading to Central London. Its population is around 181,000. Southend's incumbent suppliers are EDF Energy for electricity and British Gas for gas.

Like many of the utility companies that emerged after 1990, Southern Electric was formed from its area electricity board, ‘Southern Electricity Board’. In 1998, it merged with Scottish Hydro-Electric plc, a company in a very similar situation, to form Scottish and Southern Energy plc, now trading as the shortened, ‘SSE’. SSE are now the UK's largest producer of renewable energy, their production of which, has, however, taken a reported drop.

Spark Energy were a small independent supplier formed in 2007 to address a gap in the market for supplying tenants. They worked with top UK letting agents to try and make the process of moving into rented accomodation as simple and stress free as possible. They supplied over 350,000 homes in the UK until they closed in 2018.

SSE is one of the UK’s biggest energy suppliers. In addition to supporting renewable energy and community events, they’re known for being the best of the bunch, with lower energy prices and better service than their Big Six competitors. But do they really deserve the hype? Read on to find out.

SSE Atlantic was previously known as Scottish and Southern Energy until it was bought by SSE in 2009. SSE is the second largest provider of energy in the UK and also operates as Swalec, Scottish Hydro and Southern Electric. It is classed as one of the big six suppliers in the UK.

Swalec is the South Wales Electricity board supply and distribution company that was bought by SSE in 2000 for £210m. It is now most famous for the stadium in Cardiff which carries its name.

Together Energy is Scotland’s young but fastest-growing energy company, supplying over 60,000 customers across the UK. However, it has poor customer reviews and lacks some of the extra services many other medium and big suppliers offer, such as smart meters, warm home discount and a mobile app. Keep reading to see if it tariffs, prices and other services make up for it.

Tonik Energy is a 100% green energy supplier with a wide range of affordable tariffs. Offering reasonable prices and mountains of smart technology that can help customers cut down their energy spending, it’s a great choice for customers that want to be more sustainable while also saving money on their energy bills.

Toto Energy launched in 2016 in Brighton, England. The energy provider ceased trading in October 2019. The provider’s 134,000 customers have already been transferred to a new provider.

USIO Energy was a newcomer to UK energy market who aimed to be the first Energy company in the UK to comply with new directives before smart meters become mandatory in 2020. They were hoping to install smart meters as standard and use 100% green energy.

Utilita is an independent supplier specialising in prepayment energy. As of January 2020 the provider holds a 2% market share and supplies gas and electricity to approximately 600,000 customers throughout the UK.

As one of the UK’s newest energy suppliers, Utility Point claims to offer clear and affordable pricing. Since launching in 2017, the supplier's customer base has grown to over 100,000. The Poole-based energy supplier is determined to be recognized for its efficiency and dedication.

Utility Warehouse brands itself the nation’s most trusted utility supplier. Spending no money on advertising and instead relying on word-of-mouth, it has still managed to attract more than 600,000 customers to sign up.

White Rose Energy is a gas and electricity supplier that only offers tariffs to households in Yorkshire. A not-for-profit organisation, it works hard to reduce fuel poverty and helps residents move away from expensive prepayment tariffs. In this complete White Rose Energy guide, we take a look at reviews, login details, contact information, top up tips, and compare its tariffs and prices.

Woodland Trust Energy was a partnership between Ovo Energy and The Woodland Trust. For each customer who contracted Energy with Woodland Trust Energy Ovo donated 2.5% of each annual bill to the Woodland Trust to protect woodland around the UK.

Yorkshire Energy are an independent local supplier who is aiming to be the best rather than the biggest. They focus on giving their customers the best service possible while keeping things simple in terms of tariffs.

Zebra Power is an independent energy supplier based in Manchester, England. Having only started trading in 2016, it has already made quite a name for itself, having a regular spot in the cheapest tariffs on the market. It has had a name change over the past couple of years, having started its operations under the name ‘Bor Energy’.

Zog Energy is an independent gas-only supplier that was founded in 2013. While its name may sound out of this world, Zog was founded by two Queens Award-winning engineers, Andrew Cleveland and Tony Chester, as a response to the bad customer service and high prices that they found in existing utility companies.

Which are the Best and Cheapest Energy Suppliers in the UK?

UK energy suppliers

There are currently 62 energy suppliers operating in Great Britain catering to residential customers across the country, but which one do you choose? For years, the biggest energy suppliers in the land were the unchallenged masters of the energy markets, but that’s all starting to change. Smaller, independent companies are now starting to claw back their share of the market with their cheaper and overall, better tariffs, often with improved customer service. Let’s find out a little bit about the current situation!


The Big Six

The ‘Big Six’ refers to the six gas and electricity companies that currently hold around 74% market share in the UK. For years, they were unchallenged and happy to reign in their ‘oligopoly’. These companies are as follows:

Despite their largely uncontested reign for over 20 years, the stranglehold the Big Six have on the market is starting to crumble. Smaller, independent suppliers are beginning to take back control.

The issue with the Big Six over the years has been that their prices have been able to inflate massively without any great fluctuation in their customer base. As more people become aware of their right to switch, however, they are taking a bigger hit. Independents are getting a reputation for being simpler, quicker, cheaper and in general, better, which is causing huge problems for the bigger companies.

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Leave bad service and high prices behind!

Switch to an affordable provider with solid customer service today.


Independent suppliers

Now, we’ve seen the big suppliers, but who are these upstarts shaking things up? As mentioned above, there are 62 suppliers currently operating in the British residential energy markets, so apart from the big six companies above, the other 56 would come under this category right here.

A smaller, or independent supplier, in this sense, is one that is not owned by a huge backing of shareholders or, ultimately, who is not as big as the Big Six suppliers mentioned above. To name a few of the largest, here is a list of some of the independents currently operating in Great Britain:

Energy suppliers such as the abovementioned have put a huge emphasis, in general, on renewable energy and as they are not responsible for generation in the majority of cases, they are able to offer this supply at a much cheaper price. See below a trend graph of how independent companies have taken back market share:

It would be possible for the Big Six to offer this level of pricing on their own tariffs, but as they primarily focus on profit margins and generation profitability, they have maintained their highly inflated prices.


So which should you choose?

You’ve heard their names, but who is the best and who is the cheapest? Well, there’s no real answer for that that would stand the course of more than a month or so as prices and satisfaction levels rise and fall constantly. But, at present, we believe that the best deal comes through Tonik Energy. Given their rock bottom prices and sky high customer service levels, we believe that they offer the best possible tariffs at present.

Tonik Energy are an independent British-owned energy supplier that operate from Birmingham. All of their tariffs come with 100% renewable electricity and some even with renewable gas. One of the best attributes is also their top level customer service that has received 5 star reviews across all platforms.

 

Cheapest energy supplier

 

 

 


What to look out for

When you make a comparison of available tariffs, it’s sometimes tempting to just go straight for the first, cheapest tariff you see. It may well be the one you go for in the end, but there are a few things that you should perhaps bear in mind first. Of course, if you switch with Selectra we’ll make sure you’re well aware of these things, but if you go elsewhere, be careful!

Customer service

We’ve all been in the situation - you’re stuck on hold with a terrible outsourced customer service hotline, tearing your hair out hoping to the high heavens that your issue be resolved. Make sure that you don’t get yourself into another one of the situations by choosing a company that has high customer service ratings.

It just so happens that the most popular suppliers in the country have some of the worst satisfaction ratings. Perhaps have a change and go with a smaller supplier that impresses with its customer service levels. Below you can find a list of pages where you will find customer service telephone numbers.

Contract type

The two main contract types for dual fuel are fixed and variable. This refers to your unit rate, the amount you pay per unit of gas or electricity. If you opt for a variable tariff, your unit rate has the potential to rise or fall with wholesale prices and general market conditions, but if you have a fixed tariff, your unit rate will be locked in for your contract length (usually 1 or 2 years).

We recommend that you go for the fixed option. They are generally cheaper and variable tariffs almost always rise in price.

Exit Fees

If you do opt for a fixed tariff and you think they may be the possibility of cancelling before your contract runs out, you should look into the exit fees. These are usually per fuel and will be incurred if you want to cancel your contract before the agreed date.

A standard exit fee will be in the region of £30 per fuel, but vary depending on supplier and tariff. Most suppliers do have them, but some, like EDF Energy, don’t attach exit fees to any of their tariffs.

Renewable energy

If you would like to do your bit for the environment, you can usually opt for a renewable tariff for no extra cost. Most independent suppliers offer 100% renewable tariffs and a couple of the big six do, also. Having your energy delivered through renewable methods is a great way to support the move towards green energy generation.

Although you will not receive it to your home physically due to the common distribution infrastructure, your usage amount will be directly removed from fossil fuel demand. The more people that opt for renewable tariffs, the better our energy mix will become as a whole.


Full list of GB suppliers


How to Choose your New Supplier

Exit fees, dual fuel, variable pricing... to most people, trying to choose a new energy supplier is a confusing process full of unfamiliar jargon. It can make choosing a new supplier out of a list of unknown companies an intimidating and stressful process, even if Martin Lewis makes it look easy. But don’t worry, we’re breaking down the whole procedure to make switching fast, simple and stress-free.


When can I switch my supplier without a penalty?

yellow lightning bolts being swapped for blue lightning bolts

Want to switch your gas or electricity tariff but worried about having to pay an exit fee? We’ve got all the info you need to make sure that - fee or no fee - you’re getting the best deal possible.

First of all, you should make sure you’re current tariff even has an exit fee. Many variable tariffs don’t, so if you’re currently paying into a variable tariff (which we at Selectra don’t recommend) you should be able to switch fee-free.

As a rule, fixed-price tariffs do have an exit fee, but if you switch towards the end of your contract (within the last 49 days), your supplier can’t charge you a fee for switching.

If you are facing an exit fee, that shouldn’t stop you from switching. Most exit fees range from £5 to £30 per fuel (which would be £60 for electricity and gas). This pales in comparison to the hundreds of pounds of potential savings that can be gained by switching to a cheaper provider.


Choosing a Fixed or variable tariff

Whether or not you’re worried about an exit fee, you’ll need to decide whether you’ll opt for a fixed rate or variable tariff.

Not sure about the difference? With a variable tariff, the price of your gas and electricity will change over time in response to various market factors, primarily the market wholesale costs. While a fixed tariff holds a fixed price of energy for a set amount of time.

It’s important to remember that a fixed rate means that the price of energy per kilowatt hour is a fixed price, not that you will pay a fixed amount. Your bill will still depend on the amount of energy you use per month, standing charges, govt levies and more.

Here at Selectra, we recommend to all households that they contract a fixed price tariff. While the initial rate of a variable tariff may be lower than fixed offerings, this is unlikely to continue. The UK energy market is facing several turbulent factors going forward, including the effect of Brexit on the industry.

 

You can find more information on fixed vs. variable tariffs via the link below.


Dual fuel tariffs

Most homes have both electricity and gas connections, and receive both fuels from energy suppliers. Unless you live in an electricity-only household, you have the option of either contracting your gas and electricity separately or bundling them together with a dual fuel tariff.

About 15% of UK households are not connected to the national gas grid. These gasless households have different requirements when it comes to cooking and heating.

a flame next to a lightbulb

What are the benefits of a dual fuel tariff? Principally, to make your life simpler. By choosing one company to supply both your electricity and gas, you’ll receive just one bill and have one point of contact for all potential energy issues.

Many companies also offer a dual fuel discount to their customers, meaning that customers who contract both their gas and electricity with them will pay less than customers who contract their energy separately. Some suppliers' dual fuel tariffs have only one standing charge that covers both electricity and gas for dual fuel customers.


Say goodbye to the Big Six

If you have heard of any energy provider in the UK, it was probably one of the Big Six companies. As the name suggests, they are (by far) the six biggest electricity and gas suppliers in the UK. They currently hold about 75% of the UK market.

If that number sounds impressive, be aware that as recently as 2009 they held a full 100% market share. Since then, their customers have left in droves, leaving the Big Six companies scrambling to adapt to the arrival of new, independent energy suppliers.

In the near future, the Big Six may become the Big Five, as npower will be absorbed by Eon. For several years, npower has suffered customer losses and poor financial results, and the current unification comes after a scrapped merger with SSE.

a masked thief running off with a bag of loot

As of now, none of the Big Six members have been able to compete with smaller suppliers in terms of price or customer service. Big Six companies are generally more expensive and, with the exception of SSE, are known for terrible customer service.

While you may be drawn to the more familiar name of companies like British Gas, it is a much better idea to seek out more information about unknown providers, which are almost certainly able to provide better service along with lower prices.


Energy tariffs: finding the best price

Undoubtedly, the most important part of choosing your provider is finding the best price possible. But with a large number of suppliers, prices differing across regions and different types of payments and government schemes, that’s easier said than done.

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Switch the easy way.

Find the best price for your home’s energy in minutes!

Unless you’re an eagle-eyed energy expert with plenty of time to devote to researching energy tariffs, if you’re looking for the lowest price possible, the best thing to do is to call our energy experts.


a confused looking man in a thoughtful pose wearing blue

How long does it take to switch?

If you’re worried about how long it will take to switch, don’t! The entire process is quick and simple.

First off, you’ll want to do a bit of research into different energy providers, as well as the energy market in your area. If that sounds intimidating, relax, we’ve got tons of energy guides to help you on every detail. Give yourself between an hour and a couple of days to look into details, depending on how much background information you prefer to have.

Short on time? Our energy experts can help you find the best tariff for your home or business in just a few minutes. And you can use our comparison tool to quickly see everything the market has to offer.

How long will it take to begin service with your new provider after you’ve made the switch? It should take about 21 days. That includes a 14-day ‘cooling off’ period where you can cancel your new contract before it begins.

All in all, the entire process should only take between 20 days and a month, and only takes a few minutes on the phone to get the ball rolling.


Will my energy supply be interrupted?

If you’re preoccupied with thoughts that a switch will cause your electricity or gas supply to be interrupted, you can relax. Your energy supply is guaranteed, regardless of which energy company provides your gas and electricity.

In fact, the only change you’ll notice is that your energy bills will come from a new supplier, and if you switch with Selectra, you can be sure that the cost will go down as well.


How to avoid double billing

Most people considering switching energy providers are nervous about one thing: Having to spend a month or more paying two separate energy providers. So how can you avoid this happening? The easiest way possible: do nothing!

a pile of coins flying towards a document with a flame symbol

The idea of being double charged is actually a myth. Once you make the switch, the change-over date where you will be billed by your new supplier is agreed on by both energy companies. That means you won’t be charged by two companies for the same energy usage.

A few independent suppliers and advance pay tariffs will charge you before the start date on your contract, but those bills will be discounted to avoid overpaying.

If you do think you’ve been charged by two companies for the same energy, you should contact the Energy Ombudsman.


Factoring in the fuel mix

First off, what is a fuel mix? It’s the specific mix and percentage of fuel sources for an energy provider. Normally the fuel mix consists of a certain percentage of renewable (or green) energy, natural gas, coal, peat and nuclear power. For example, a provider that provides 100% wind power, such as npower, would have a fuel mix of 100% renewable energy.

Although there are several low cost energy suppliers who supply 100% renewable energy, the national average is still far from 100% green. As you can see in the graph below, the average fuel mix is made up of 41.2% natural gas, 7.6% coal and 20% nuclear power, all of which are non-renewable energy sources.

Luckily for the environment and those of us living in it, AKA everyone, the cost of producing electricity from renewable sources has lowered over time; they’re now on par with the cost of producing electricity from natural gas and other non-renewable sources. This has caused more and more electricity suppliers to provide 100% renewably sourced tariffs.

If the environment is something you care about, be sure to take a look at your potential supplier’s fuel mix. Even if you’re not willing to pay a premium, odds are you can get a low price alongside a green fuel mix.


Collective energy switch - what is it?

two happy men embracing and holding money

You may have heard of a collective energy switch, but may be unaware of exactly what it is. The basic idea is for a group of energy customers to come together as a group and bargain with energy suppliers collectively to get a special deal for a better contract.

Not just any group of people can do this however, you should only join a collective switch with a trusted intermediary, like a local council or a reputable website like Money Saving Expert. You must be a member of the organisation or site, but that can be as simple as subscribing to an email newsletter.

Why do these intermediary organisations take time to negotiate a better deal? For money, of course! Money Saving Expert for example, is paid £60 per customer, and every customer gets £30 of that amount!

The process of the switch takes about three weeks, but it may take longer to receive the cashback money, around three months.


What if I have a prepayment meter?

If your home has a prepayment gas or electricity meter, you unfortunately will have less options when it comes to finding a new gas and electricity supplier and may be looking at higher prices. This is especially egregious as many prepayment homes are at higher risk for being in fuel poverty.

Some providers, like Toto Energy, have historically had more competitive prices. Still, as tariff rates change over time, the easiest way to be sure you’re not paying too much on your prepayment tariff is by simply giving us a call.


Energy switch cashback and other rewards

a pile of coins next to a piggy bank

Looking for a cashback reward? Several energy suppliers offer a cash incentive, just for switching to their tariffs!

While some suppliers consistently have a reward program for switches, others offer rewards for a limited time basis.

How much can you earn with an energy switch cashback? Most suppliers or intermediaries offer between £20 and £30 for switching to a dual fuel tariff. They generally offer between £10 and £15 for a single fuel tariff.

While a few extra notes in your wallet is certainly nice, it’s important to not base your decision solely on cashback rewards, as you may end up paying more in the long run with steeper tariffs!

In a different but related scheme, some energy providers offer a referral bonus to their customers. That means that existing customers can earn money by recommending their supplier to friends, family and other acquaintances who ultimately end up switching.


Conclusion

Trying to choose your energy provider from a list of companies you’ve never heard of can seem intimidating. However, switching can save you hundreds of pounds throughout the year and doesn’t have to be a trial.

The important thing is to take the time to do the research, or talk to an expert you can trust. Our energy consultants can help you cut through the nonsense and promotional hype to make sure you get the best tariff possible for your home.

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