It's time to compare energy
Perhaps not the first thing you might want to do, but, you’ve made it this far. Whether you’re looking for a dual fuel tariff or separate gas and electricity bills for your home or business, we’ve got you covered.
With a few quick and simple questions, we can start showing you options from energy providers across the UK.
Save up to £284^ for average use, and get an additional £25 account credit, with a hassle-free energy deal from a five-star supplier
We’ve teamed up with Bulb to offer customers who buy through comparethemarket.com a £25 account credit simply by switching to the Bulb Vari-Fair tariff.
The variable rate tariff, which comes from a green energy supplier with 5-star customer service, is available as a dual fuel with gas and electricity; or single fuel for electricity-only.
This great deal is a competitively priced – typically costing £878^ a year based on average usage (without the £25 account credit). There are no exit or cancellation fees with this tariff.
What’s more, the Warm Home Discount is available with this supplier.
This energy deal , which is for new Bulb customers only, ends on 27 May 2018.
Exclusions apply, so please the full terms and conditions in the link below.
^Bulb Vari-Fair tariff costs £878 a year for average use without the £25 account credit. It is £284 less than the current typical cost of a UK gas and electricity bill of £1,162 a year. These are for an average UK home paying by monthly direct debit on a standard gas and electricity tariff with a Big Six supplier. Average usage is currently defined by the energy regulator Ofgem as 12,000 kWh of gas and 3,100 kWh of electricity per year. If your usage is higher or lower than this, the rates will be fixed and the amount you pay will depend on your usage. Prices correct as of 23/04/2018.
How do comparison sites make money?
Each time someone switches their gas or electricity tariff through a comparison site, the site gets paid by the new supplier – that’s all there is to it.
How quickly can I compare energy prices?
It’s a game of 20 questions and the quicker they can be answered, the quicker the quotes come. Seriously – on average it takes about four minutes to compare energy prices.
That’s right, four minutes, or 240 seconds is all that stands between you and your new energy quote, and that’s on average so it might take longer or less time.
How much can I save by switching energy suppliers?
Ofgem’s data shows that the UK's cheapest available tariff is around £820 per year***
At comparethemarket.com, we’ve made it our mission to find you better deals.
How does switching energy provider work?
The switching process is easy, quick and fuss free. We ask a few simple questions about your energy use and based on the answers, we’ll find suitable, available deals – it’s that simple.
When you start a quote, it’s a good idea to have your latest bill handy as all the answers to the questions we ask you, will be in there. But don’t worry about getting stuck on which bits of information you need – we can help you understand your bill.
Once you’ve found some great deals, we can also show you how to make the most of your energy with our energy saving tips.
Which energy suppliers can I compare?
We have an accredited energy partner who puts together available tariffs and works out the potential savings.
Our partner – energyhelpline.com are accredited by industry regulator, Ofgem and when you find a quote that suits your needs, it’s energy helpline, who submit your switch applications to the relevant energy supplier (such as British Gas or npower).
How often do energy prices change?
Energy prices reflect market supply and demand, and prices fluctuate in real time according to this, as well as when wholesale costs change.
Energy providers offer customers a range of tariffs – some are fixed rate which means bill payers know how much their gas or electricity is going to cost them for a certain period of time.
Other tariffs include the ‘standard variable tariff’ which is usually a supplier’s default pricing structure. It means that the cost of your energy can go up or down depending on what the market is doing.
Will I be charged if I pay my energy bill late or miss a payment?
Unfortunately energy companies may apply an extra charge if you don’t pay your bill within a certain timeframe. When you get your monthly or annual energy bill, there will usually be a period of around 14 to 28 days (depending on the provider) in which to make your payment; otherwise an additional percentage of the cost could be taken on top. You can find out more about what some of the large energy companies charge and how to make sure you’re on top of your bills right here.
What are the different energy tariff types?
There are many different energy tariffs available such as fixed rate, capped, dual fuel and for the eco warriors out there, there are green tariffs too. These exist alongside what’s known as a ‘standard variable’ tariff which is the name usually given to a supplier’s default pricing structure. Find out more in our simples guide to energy tariffs.
What information do I need to switch energy?
All the information needed to switch energy supplier, can be found on your bill, such as:
- Supplier name
- Tariff name
- Energy consumption – either in kWh (kilowatt hours) or pounds
- Whether your bills are paid monthly or quarterly
If you’re on a fixed rate tariff and decide to leave before it ends, then check to see whether you’ll be charged an exit fee.
It might sound like you need a lot of information to switch, but it can all be found on your bill – it’s just a question of getting to grips with where to find it. For help deciphering your energy bill, read our guide to understanding your bill.
Can I switch energy if I rent?
Tenants can switch energy provider if they pay the supplier directly for their gas and electricity. Your landlord may have a ‘preferred supplier’ but this doesn’t prevent your right to switch.
However, if your landlord pays your energy bills and then charges you, then you can’t switch supplier unless they choose to do so.
I have solar panels, can I get an energy feed in tariff?
Feed in tariffs (FITs) are available to anyone who uses one of these renewable or low carbon energy sources:
- Solar photovoltaic (solar PV panels)
- Micro combined heat and power (CHP)
- Anaerobic digestion (AD)
You can apply for a feed in tariff through your energy supplier if you have any of these types of energy sources installed at home. So, if you have solar panels on your roof, then you’ll need to contact your energy provider who will advise you on what to do next.
Under the FIT scheme, households can earn money by generating their own power as well as make savings on their energy bills. If your home generates excess energy, then it can be sold back to the electricity grid – giving you money back. Read more ‘frequently thought questions’ on renewables.
Can I get a grant and lowering my energy usage?
The following organisations offer help and advice on reducing your energy use:
- The government’s energy grants calculator can help work out whether you’re eligible for help with your bills such as with the Warm Home Discount scheme. It can also highlight whether you qualify for any funding to make your home more energy efficient.
- The Energy Savings Trust provides advice on renewables (including feed in tariffs), home insulation and energy efficiency.
- The Citizens Advice Bureau provides general advice and can also guide you, should you want to make a complaint about your energy provider.
And of course, we’re here to help too – you can find our top energy saving tips in our interactive home guide. Plus, we can help you unravel the mysteries of your energy statements in our guide to Understanding your bill – because being able to decipher what it all means, could inspire you to switch suppliers and save some cash.