It's time to compare electricity
Whether you’re looking to compare Electricity prices for your Home or Business, we can help you compare deals.
We offer impartial and independent energy comparison of over 25 Electricity companies.
You’ll find all Electricity deals listed by annual saving making it easy for you to compare the best deals. As a thank you, if you switch or buy Gas or Electricity through comparethemarket.com you’ll get MEERKAT MOVIES*. This will give you 2 for 1 cinema tickets on Tuesdays or Wednesdays, every week, for a whole year. That’s why over a million people compare Energy with us each year.
What do I need to compare electricity
Comparing electricity deals is easy. Pretty much all of the information needed to switch can be found on your last electricity bill. This includes:
- Who your current provider is
- Which tariff you’re on
- How you pay for energy
- Your usage (per month or year/ in pounds or kWh)
If you have your bill to hand, you can use our understanding your bill guides to find this information. If you don’t have a bill handy, then that’s fine too – you can still make comparisons, but they might not be as accurate. Based on your answers to our questions, we’ll present you with a range of available tariffs for you to compare.
How does switching electricity supplier work?
Find a great new tariff and complete the process online or through our advisors, and we’ll do the rest, and there it is – one electricity supplier successfully switched. It really is simple.
The hardest part of switching is making the decision to do so in the first place – especially if you’ve been with your supplier for a long time. If that’s you then you’re by no means alone, because 45% of people don’t remember ever switching.
So, once you’ve made that decision, you’ll be pleased to know, your new supplier will handle pretty much everything. They’ll tell your existing supplier you’re leaving and then work out the day of the changeover with them.
You’ll receive all your correspondence via email or in the post, confirming your new tariff and payment details – you just need to make sure it’s all correct. You also get a 14-day cooling off period, so if you change your mind – it’s ok.
On the day of the big switch, you’ll need to take a meter reading for your old supplier so they can send you a final bill.
Why should I switch electricity?
Switching electricity supplier could shave pounds off your bills. But it’s not always about how much hard cash you could save. You might be fed up with poor customer service, you might want greater visibility of your usage through an app or you might want to choose your supplier based on their green credentials.
Not forgetting that if you switch through comparethemarket.com you’ll get 2 for 1 cinema tickets with Meerkat Movies.* Whatever the reasons you want to switch, make sure you use our electricity comparison service for the best deal possible.
What is a dual fuel tariff and do I need one?
Dual fuel, is where one energy provider supplies both your gas and your electricity. If your home only uses one source of energy – like electricity – then dual fuel isn’t necessary.
Getting your gas and electricity from one supplier could save you money, but also it’s more convenient to be billed by one provider rather than two. It means less paperwork and if there’s a problem, you only need to contact one supplier. Find out more in our Dual fuel energy guide.
Can I switch my electricity supplier?
Most people can switch their electricity supplier – one exception is tenants whose landlords pay their bills for them.
If you’re on a fixed rate tariff with your current supplier, check to see whether you have an exit fee for leaving the contract early. If you do, then you’ll need to factor this into your switch, as it could swallow up some of the potential saving from switching.
If you have an exit fee and you don’t think it’s worth making the move right now, check your end date and you can switch for free with no exit fee 42-49 days before the end of your contract. That’s because under Ofgem’s, standards of conduct, energy firms have to give you between 42 and 49 days’ notice of your tariff ending. You can use this time to decide whether to stick with them, or switch. If you decide to switch, then you can’t be charged an exit fee.
If you have a pre-payment meter, then you can also switch – whether you rent or not. Although – like with switching, if you rent and change your pre-payment meter then you might be asked to change it back at the end of your tenancy.
I think I need business electricity, can you help?
The switching process for domestic and business electricity are pretty similar, and the good news is that your quest for cheaper electricity for your business can be done right here.
I have solar panels, can I switch my feed-in-tariff too? (FIT)
In short – yes. Although bear in mind that it’s industry regulator, Ofgem, that sets the prices for feed-in-tariffs, so switching your licensee won’t guarantee better prices – but other suppliers may provide better customer service.
A feed-in-tariff is where you get money back from an energy supplier because you generate your own power – through solar panels for example. You can also get paid for selling back electricity to the National Grid.
The supplier that makes your FIT payments doesn’t have to be the same one that provides you with energy – so you can switch without worrying about it being complicated.
Will my electricity be cut if I switch supplier?
Absolutely not – the Energy switch guarantee is a promise that nothing will go wrong. Regardless of who provides your electricity, it comes into your home through the same wires and cables, so there’s no messing about with equipment. Even on switchover day, there should be no disruption or sitting around in the dark (unless it’s through choice).
Am I eligible for Warm Home Discount?
The government’s Warm Home Discount Scheme is a one-off discount on your electricity bill. To be eligible, your supplier needs to be part of the scheme and your name (or your partner’s) needs to be on the bill.
Find out more in our guide to the Warm Home Discount for details about how the scheme works and specific eligibility criteria.
Can I get a smart electricity meter too?
Smart meters are being rolled out across the country and most households should have one by 2020. Your electricity supplier will provide a smart meter where and when they are available.
Smart meters mean the end of old fashioned meter readings. People can take their own readings or most meter points can be accessed without people needing to be home - so no more waiting in for the meter man. They transmit your energy use back to your electricity supplier who will use the information to provide you with more accurate bills – find out more in our Smart meter hub.
Can I switch electricity if I rent?
Tenants who pay their electricity supplier directly, can switch. Although, your landlord might ask that you switch back to the original provider when you move out.
If your landlord pays your bills first and then charges you for them later, then you typically can’t change electricity supplier. You can ask your landlord to switch but they don’t have to do it.
What is green energy electricity and can I compare?
It’s electricity that is sourced from renewables such as sunlight, wind, water, plants and geothermal heat (which is basically getting heat from underground). Some electricity companies source all or some of their energy from renewable sources. Green electricity might also mean that a supplier uses ‘normal’ electricity, but plants trees or invests profits into solar to off-set the energy used.
If being green is important to you, you can see quotes from those suppliers with green credentials. But there are other ways of being good to the environment – for example, choosing paperless billing and even just being more energy efficient will make the planet smile.
What is an Economy 7 electricity meter?
It’s a special meter that monitors energy rates and it’s typically used in conjunction with timed tariffs such as Economy 7 or 10.
Timed tariffs give households cheap ‘off peak’ electricity rates, any energy used outside of those times is usually charged at a much higher rate. Whether you have an economy 7 meter isn’t always obvious. If you do have an economy 7 meter you will usually have two sections to your electricity bill – one for day/one for night.
Read our guide to energy tariffs for more information about these and other available tariffs.