Fixed price energy tariffs

Fixed price energy tariffs have allowed millions of people over the last few years fix their energy prices to protect themselves against price rises.

But is a fixed price tariff the right choice for you? Will it save you money? What should you do when your tariff ends? Find out with our guide to fixed price energy.

What is a fixed price energy tariff?

Fixed price gas and electricity tariffs offer you the reassurance that the cost of your energy will not go up.

Depending on the tariff, your prices could be fixed for anywhere between a year and four years.

However, fixed price energy can also be more expensive than the cheapest online energy tariffs, and often come with high cancellation fees if you decide you want to switch your tariff before your contract is due to end.

For these reasons, switching to a fixed price gas and electricity tariff can be a gamble - if energy prices rise you stand to make some big savings, but if they don't, you could end up paying over the odds.

Fixed plans currently available

So you know what fixed price energy tariffs are, but what's currently out there? Below is a table of fixed plans currently available on the uSwitch site, with the date the plan is fixed to and any cancellation fees.

Average bill size will give you an indication of the average cost of the plans currently available, but this will vary according to how much energy you use and the size of your property.

These figures are based on a medium user profile consuming 3,300 kWh of electricity and 16,500 kWh of gas a year paying by monthly direct debit (averaged across all regions). This table does not include advanced payment plans.

Plan name	Date prices are fixed to	Average Bill Size (£)	Additional Info
Online Price Fix June 2014	30 June 2014	£1,184	£30 per fuel
Blue + Price Promise February 2015	28 February 2015	£1,192	No cancellation fee
Age UK Energy Fixed 1 Year	1 year from sign-up	£1,220	No cancellation fee
iSave Fixed V8 Sept 2014	30 September 2014	£1,225	£30 per fuel
Online Fixed Price Energy August 2014	31 July 2014	£1,230	No cancellation fee
E.ON Energy Fixed 1 Year	1 year from sign-up	£1,231	£5 per fuel
New Energy Fixed	12 months from going live	£1,240	Cancellation fee of £60
Online Price Fix December 2014	31 December 2014	£1,256	£30 per fuel
Unifi Fixed Energy May 2014 (Online)	30 April 2014	£1,261	£25 per fuel
E.ON Energy Fixed 2 Year**	2 years from sign-up	£1,275	£10 per fuel
Fixed Price Energy February 2016	31 January 2016	£1,301	£25 per fuel
Green Energy Fixed	12 months from going live	£1,303	Cancellation fee of £60
Price Fix December 2015	31 December 2015	£1,305	£50 per fuel
Price Promise July 2014	31 July 2014	£1,353	£35 per fuel
Price Promise July 2014	31 July 2014	£1,353	£35 per fuel
Price Promise April 2015	30 April 2015	£1,391	£50 per fuel

What should I do when my fixed price plan ends?

When your fixed plan is about to end, the first thing to do is find out which plan your supplier will be moving you to. This may be your supplier's 'Standard' plan, although some suppliers may offer you the chance to fix your prices again.

Standard energy plans are among the most expensive in the market and there are usually cheaper plans available. If you're offered the chance to fix your prices again, you may wish to take it, if you are willing to pay above-average prices in return for security against potential price rises in the future.

Once you know what energy plan you're being moved to:

compare all available energy plans online and find out how your new plan compares to other deals.
switch your gas and electricity supplier if you find that you could be saving money with another energy supplier.

Where can I find fixed price tariffs on the uSwitch website?

We have a special comparison tool that lets you just compare fixed rate plans.

Alternatively, when you compare gas and electricity the normal way, just look for the 'Fixed or capped plans' tab on the results table to see the fixed plans available in your area.

Fixed price plans ending in the next few months

Some of the biggest fixed price plans will ending in the next few months (see below). To find the cheapest tariff on the market just pop your postcode into the green box, or hit the 'compare' button in the table.

npower plans ending