This autumn energy prices for people who can be bothered to switch (that’s you!), have stayed reasonably low.
Even the government’s price cap has been reduced – but if you have received a letter or email telling you that the price cap has reduced your bill, then YOU CAN BE CONFIDENT THAT YOU CAN SAVE EVEN MORE. At the moment a good fixed tariff is about £200 cheaper than the government’s price cap.
Finding the best tariff for you
The best energy tariff for you varies according to where you live and how much energy you use …. so unfortunately there is not a single tariff we can say is the best one for you.
The figures below are for an average user (using 12,000 kWh gas and 3,100 kWh of electricity per year) across the 14 UK supply regions. In your region and for your usage there maybe better offers available – that’s why we give you a full market comparison – including offers that we can’t help you switch to. These figures were correct on October 10th 2019.
Typical Standard Tariff (for people who don’t remember to switch) – £1,180 per year
Cheapest fixed tariff – Avro Energy – £891 per year (PLUS you get £10 cashback per fuel switched as we share our commission with you)
Cheapest Big Six Suppliers – Scottish Power, Eon, EDF, British Gas – £919 – 925 per year (PLUS you get £10 cashback per fuel switched as we share our commission with you)
Cheapest 100% Renewable – Tonik Go Green (1 Year) v21 – £965 (This is only cheapest because you get £50 credit when you switch with this link https://tonikenergy.com/?referral=ap5g5)
Find the best tariff for you
Should I Avoid Small Energy Suppliers?
Ofgem have been clear that you do not need to worry, as they operate a safety net that makes sure you will continue to to receive your energy and your credit balance is protected.
However, its likely to be a hassle and if your supplier goes bust you can be transferred to a more expensive tariff.
Also the Big suppliers are fighting back with better tariffs having “lost” millions of customers to small suppliers offering cheaper tariffs. Eon Edf and British Gas are all offering very competitive deals.
If you have not used switching sites and need some help – read our quick How to use our switching site