Comparing energy prices is essential to ensure you're not overpaying on your energy bills. Here's a quick guide to help you compare energy prices today.
When you think about switching your energy the first thing to consider is how much money you can save. This is easy to find out – simply compare energy prices online and we'll do the hard work for you.
But will the cheapest plan always be the best option for you? Maybe not, but by running a price comparison with uSwitch you can compare anything from customer ratings to your supplier's green credentials.
Who's the cheapest gas and electricity supplier on average?
Here is the table of the cheapest tariff available based on a price comparison of a medium user consuming 3,300kWh electricity and 16,500kWh gas with bill sizes averaged across all regions:
This can give you some indication as to who's cheapest, but you won't know which is best for you, and how much you'll pay, until you run a price comparison.
|Discount Energy Bonus April 2015||£1,134|
|iSave Fixed v6||£1,170|
|New Energy Fixed*||£1,172|
|Blue +Price Promise June 2014||£1,182|
|Energy Online August 2014||£1,183|
|Online Variable Feb 2014||£1,193|
What to consider when comparing energy prices
After you have compared energy prices online, you may find that you’re presented with a new supplier as your cheapest option that you may not have heard of, or know very little about.
So if price isn’t the only factor involved, what else should you consider before you choose a new energy supplier? You may want to consider:
- Payment options available
- Contract terms (e.g. are there cancellation fees, a tie-in period, is it fixed rate or variable?)
- Reward schemes/other benefits
- Customer service
- Online services
- Transfer process
What is most important to you?
Our research shows that when choosing a new energy supplier, price is the most important factor to most of you.
To find the cheapest supplier for you, compare energy prices online with uSwitch. But if you’re not all about the money, then it is important to consider the terms of the contract that the suppliers are offering you.
For example, are they going to charge you exit fees for switching early? Try to avoid signing up to any contracts that seriously restrict your ability to switch later, unless they are a particularly good deal.
Reward schemes and other similar benefits could have a big sway on your decision, as some suppliers actually offer incentives such as supermarket reward points, which could represent great value to you if you use a specific supermarket.
Customer services can also be a huge bug bear for some customers. An energy supplier with an effective customer services team can make a massive difference to your experience with them, and may even help to retain you as a customer.
How to find the right energy supplier for you
Once you have compared energy prices online, you can also use our price comparison service to find out what other people think of your new energy supplier.
You’ll find a customer satisfaction score next to each supplier, and if you click on this, you can find out specifically what our customers rated the suppliers in each of the areas listed above.
Compare gas and electricity prices online today and see if you could save up to £314 by switching your energy supplier.