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Compare energy prices

Every penny counts whether you’re running a busy business or a busy household, so it’s really important to keep on top of your outgoings. Getting the best energy deal is a simple and straightforward way to balance your budget - it only takes a few minutes to switch supplier, and you could save hundreds of pounds on your annual energy bills.

Although you can switch energy supplier in just a few clicks of your mouse, there are a few things you should consider to make sure you’re getting the best value for money.

Think about whether to use the same supplier for both gas and electricity. This can often be cheaper and more convenient than going for a separate supplier for both, as you’ll just have the one company to deal with, and one contract to renew. But, there are cases where it’s cheaper to go with separate suppliers, so it’s worth looking at both options.

Lots of suppliers offer discounts if you pay your bill by monthly direct debit, so keep an eye on the bill payment options when you compare energy tariffs.

You might find that the best deal is with a company you’ve never heard of. Don’t let this put you off - all suppliers are regulated by Ofgem, which means the smaller, newer companies have to stick to exactly the same rules and regulations as the big suppliers.

Although price is probably your highest priority when looking for a new energy deal, don’t forget to consider other factors like bill accuracy and customer service scores. As well as cutting your bills, it’s important to make your new tariff won’t cause you any extra headaches.

Why compare gas and electricity suppliers?

Why compare energy prices and tariffs?

There are several different types of energy tariff available. When running energy comparisons, it’s important to choose the type that best suits your circumstances. Here’s a rundown of the main choices.

  • Dual fuel - When you get both your gas and electricity from the same supplier. It’s often more convenient to just have one company to deal with, and lots of suppliers offer a discount for having both your fuels with them.
  • Fixed rate - When you pay a fixed amount per unit of energy you use for the duration of your contract. This means you’ll be protected against any price rises, but won’t benefit if prices fall. Fixed rate tariffs are usually among the cheapest deals available.
  • Variable rate - The amount you pay per unit of energy fluctuates, usually as a result of changes to wholesale energy costs. If you don’t switch at the end of a fixed rate tariff, or if you’ve just moved home, you’ll be put on a standard variable tariff. These are usually the most expensive tariffs on the market.
  • Online sign-up - Some suppliers offer special tariffs for customers who sign up online. These are usually cheaper because of the reduced admin costs for the supplier.
  • Online billing - Tariffs where you look at your bill online, rather than receiving a paper bill through the post. Lots of suppliers offer discounts for online billing, because of he reduced admin cost.
  • Economy 7 - These tariffs charge different rates for using electricity during the day and at night. The night rate is usually cheaper than the daytime rate
  • Direct debit - Lots of suppliers offer a discount if you pay your bill by direct debit.
  • Cash / Cheque - The supplier sends out a quarterly bill, and you pay by cash or cheque. This option is usually more expensive compared to a direct debit.
  • Prepayment meters - A type of meter that takes a prepayment card. You have to top-up the card with credit at a newsagent or online before you can use any gas or electricity.
  • Green energy - Energy that’s generated renewably. The gas and electricity you receive is the same, but the company that supplies it will generate an equivalent amount using renewable means.

How to compare and switch energy suppliers

Comparing gas and electricity suppliers and switching to a new deal is more straightforward than you may think. All you need to do is tell us your postcode and a few details about your current supplier, and your energy usage. Then, we’ll show you a list of tariffs from a range of energy suppliers, so you can choose the one you’d like to go for.

Once you’ve chosen your new deal, the switch is taken care of for you. Your new supplier will contact your old one to arrange the switch - all you’ll need to do is take meter readings to make sure your final bill from your old supplier is accurate. There won’t be any interruption to your supply, and there’ll be no need for any work at your home. The gas and electricity will continue to come in through the same pipes and cables - the only thing that’ll change is the company sending you the bill and the amount you pay.

As a general rule of thumb, it’s a good idea to compare energy tariffs every six to nine months, to make sure you’re still on the best deal for you. You should definitely consider switching if:

  • It’s been more than a year since your last switch - there’s a good chance you’ll have been rolled onto your supplier’s standard variable tariff.
  • Your fixed deal is coming to an end - you can compare energy deals and switch to a new tariff without having to pay any exit fees 49 days before your current contract expires
  • Prices are about to go up - when one supplier hikes their prices, others often follow suit, so if you hear about energy price rises in the news it’s a good idea to switch to a fixed rate deal and secure lower rates for at least 12 months.
  • Winter is coming - we all use more energy to light and hear our homes during the cold, dark winter months, which means that energy bills tend to be more expensive at this time of the year. You can offset this by finding a cheaper deal before the temperatures drop.

Running an energy comparison and switching supplier literally takes a matter of minutes, enter your postcode in the box at the top of the page to get started, and you could be switched and saving money in no time at all.

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