Bulb Energy prices: Compare gas & electricity tariffs

Bulb logo, electric cord and money

Having gained more than 1.5 million customers since launching in 2015, Bulb Energy is one of the UK’s fastest growing energy companies. So are customers flocking to the company because of great deals? We’re breaking down Bulb Energy prices to find out!

Bulb Energy Tariffs & Prices

Bulb Energy tariffs are much simpler to understand than those of many other energy suppliers. In fact, the supplier offers just one single tariff, the Bulb Vari-Fair tariff. It provides 100% renewable electricity and 100% carbon neutral gas for all customers. This Bulb Vari-Fair tariff is available for customers with a standard, prepayment or Economy 7 meter.

It’s important to note that Bulb Energy prices differ depending on your meter type. As with other energy suppliers, prices also vary with location. To give you an idea as to how much Bulb Energy costs, we calculated the estimated annual spend for a household in London that uses the average consumption levels of gas and electricity.

Looking for a cheaper energy tariff?Look no further! Our energy advisers can help you find the best offer for your home. Call 020 3936 0059 or Get a free callback now.

Bulb Vari-Fair Prices for Customers with Credit Meters

We’ve broken down the Bulb Energy prices for customers who pay via direct debit below. As with most suppliers in the UK, this is the least expensive payment method.

Bulb Vari-Fair Tariff (Direct Debit payment method)
Cost type Price
Electricity unit rate 14.107p per kWh
Gas unit rate 3.061p per kWh
Electricity standing charge 19.79p per day
Gas standing charge 20.44p per day
Total estimated cost per month £76.94
Total estimated cost per year £923.26
Exit fee £0

*prices correct as of September 2020 and include VAT at 5%

Bulb Vari-Fair Prices for Prepayment Customers

Do you have a prepayment meter? You can find the Bulb Energy prices for pay-as-you-go customers below. Note that the estimated annual price for prepayment customers is more than £50 more expensive than the estimated price for customers who pay via direct debit.

Bulb Vari-Fair Tariff for Prepayment Customers
Cost type Price
Electricity unit rate 13.661p per kWh
Gas unit rate 3.208p per kWh
Electricity standing charge 25.91p per day
Gas standing charge 28.31p per day
Total estimated cost per month £81.59
Total estimated cost per year £979.03
Exit fee £0

*prices correct as of September 2020 and include VAT at 5%

Is Bulb Energy fixed?

Bulb Energy rates are not fixed. They fluctuate with the wholesale cost of energy. Bulb will give you 30 days notice before your rates change. Since the supplier does not charge exit fees, you are free to switch to a different energy supplier if the price is set to increase.

We generally recommend registering for a fixed-rate tariff rather than with a variable tariff, such as the one that Bulb offers. Fixed tariffs tend to be cheaper than variable tariffs, and you can rest assured that your rates will not change for the duration of the agreement – which is usually between 12 to 18 months.

How much is Bulb Energy per kWh?

flame and lightbulb

Customers who pay via direct debit pay 14.107p per kWh for electricity and 3.061p per kWh for gas. Prepayment customers pay 13.661p per kWh for electricity and 3.208p per kWh for gas.

Even though Bulb electricity prices per kWh are cheaper for customers with prepayment meters, these customers still end up spending more money on electricity in the end. This is because the cheaper electricity unit rate is offset by a much more expensive standing charge.

For the same amount of electricity, the average consumer would spend around £10 more per year on Bulb’s prepayment tariff than he/she would on the supplier’s direct debit tariff.

Bulb Energy rates: How do they compare?

Let’s have a look at how Bulb gas and electricity prices compare to other suppliers, as well as how they compare to the energy price cap.

Check out our Bulb Energy reviews guide to better understand the complete customer experience beyond just prices.

How do Bulb Energy prices compare to other suppliers?

The cheapest tariff currently on the market is the GNE Exclusive Green 12 Month Fix V9 with Green Network Energy. The average dual-fuel household in London would spend around £790 per year on this tariff. That’s more than £130 cheaper than the Bulb Vari-Fair tariff for customers with credit meters.

Other suppliers that offer cheaper rates than Bulb Energy tariffs include (but are not limited) the following:

Even though Bulb Energy tariffs aren't the cheapest on the market, the Bulb Vari-Fair is still about £120 cheaper than the British Gas standard tariff.

So which company offers the cheapest energy for your home? That depends on where you live and how much gas and electricity you consume. It’s always best to get a personalised quote when comparing prices if you’re looking for the cheapest option.

You can also give us a call here at Selectra for a free comparison. One of our energy experts will compare energy prices in your area and help you find the best tariff for your home or business.

Find out now how much you could save by switching.Speak to one of our trained energy advisors for free! Call 020 3936 0059 or get a free callback now.

How do Bulb Energy prices compare to the price cap?

The energy price cap, which is set by Ofgem, sets a limit on the amount of money your energy supplier can charge you for each unit of energy. Most suppliers charge right up to the cap, fluctuating their prices two times a year (in April and October) in accordance with the biannual change in the price cap.

As of 1 October 2020, the price cap will fall by £84 pounds per year for the average energy consumer with a credit meter. It will drop from £1,126 to £1,042 per year. That’s almost £120 pounds more per year than what the average consumer would pay on the Bulb Vari-Fair tariff.

For prepayment customers, the price cap will also drop. It will decrease by £95 from £1,165 per year to £1,070 per year. This annual price cap is nearly £100 pounds more expensive than what customers would spend in a year on the Bulb tariff for prepayment customers.

Even though Bulb Energy prices are well below the price cap, they are still not the cheapest on the market in comparison to other energy suppliers. To save the most money, you’ll need to switch to a different supplier to get the best deal.

Need help comparing prices? Check out the following guides for help finding the best deal:

You can also give us a call on 020 3936 0059 for a free comparison of the tariffs available in your area. We offer exclusive deals that are not available on supplier websites.

Energy Deal of the Month (January 2021)
Energy Offer Estimated Monthly Cost* Details
Selectra Deal of the Month
Selectra Logo
Gas & Electricity: £76*
  1. Rates protected for 1 year
  2. Supplier with 4/5 score on Trustpilot
  3. Leave tariff 49 days before end without penalty
Call & Sign Up Today: 020 3936 0059 020 3936 0059
*Monthly price estimates are provided for guidance only and are not indicative of your specific energy costs. They are based on average consumption figures provided by Ofgem. To get accurate energy cost estimates for your home call 020 3936 0059 for free.

Bulb Economy 7

Bulb Economy 7 tariffs are available for customers who pay via direct debit, as well as for prepayment customers. You must have an Economy 7 meter installed to register for a Bulb Economy 7 tariff.

Economy 7 tariffs are typically only used by customers with electric storage heaters. This type of heating system collects the energy during a period of seven hours at night (when the cost of electricity is cheaper) and releases it during the day (when the cost is more expensive). Bulb Economy 7 hours vary across the country, but the seven-hour period of cheaper electricity generally occurs between the hours of 10 p.m. and 8 a.m.

In the table below, you can find the electricity rates and estimated annual spend for customers with an Economy 7 meter. In estimating the annual spend on electricity, we used the average annual electricity consumption for consumers with Economy 7 meters, which is 4,200 kWh hours of electricity per year. We also used the average consumption patterns for customers with Economy 7 tariffs, which is 58% during the day hours and 42% during the night hours, for our calculations.

Bulb Energy 7 Rates
Meter Type Day unit rate Night unit rate Standing charge Estimated annual electricity price
Credit meter 16.447p per kWh 7.455p per kWh 19.79p per day £604.44
Prepayment meter 16.086p per kWh 7.109p per kWh 25.91p per day £611.81

*prices correct as of September 2020 and include VAT at 5%

If you’re on an Economy 7 tariff, we recommend you run appliances like your washing machine or dishwasher at night during the seven-hour period of cheaper electricity.

Bulb Energy tariffs for businesses

electricity bill

In addition to its domestic offerings, Bulb Energy also offers a business tariff that includes 100% renewable electricity and 100% carbon neutral gas. Regarding its business energy services, Bulb bills itself as a low-cost energy supplier that still provides excellent service.

If your business has frequent periods of time with lower or no energy use, be aware that this Bulb tariff includes fairly high standing charges (27.40 pence per day for both electricity and gas) that you will need to pay regardless of the amount of energy you actually use.

For more information about business energy tariffs, head to our complete Bulb business guide (coming soon!).

Does Bulb Energy have exit fees?

Bulb Energy tariffs do not have exit fees. This means that you will not be charged for terminating a contract, no matter if you’re moving home or switching to a different tariff or supplier. This is typical for domestic tariffs with variable rates because the price is not guaranteed to stay the same.

If you switch to a Bulb Energy tariff from a different supplier and your previous supplier charges you exit fees for leaving, Bulb will even refund your exit fees for up to £60 each for electricity and gas.

Is your energy tariff too expensive?You can save hundreds of pounds on your energy bill just by switching supplier. Talk to one of our energy experts and see how much you could save. Call 020 3936 0059 or get a free callback now.

Get a Bulb Energy quote

To get an accurate Bulb Energy quote, you’re going to need your annual electricity and gas consumption. This information can be found on your latest energy bill. According to UK energy regulator Ofgem, the median usage is 2,900 kWh of electricity and 12,000 kWh of gas annually.

If you don’t have a bill to hand, try using our consumption calculator to find out your energy usage.

You can get a Bulb Energy quote on the supplier’s website by going to the homepage and clicking on the green button in the top right corner that says Get a quote. You can also contact Bulb for a quote by calling its customer service line. Representatives are available Monday to Friday from 9 a.m. to 6 p.m.

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