Skip to main content

Is your energy tariff ending?

Is your energy tariff ending?

Fixed price energy plans are a great way to grab a good deal but, when they end, it's important to take quick action or risk overpaying.

If you don't switch, you could end up being automatically rolled on to a much more expensive gas and electricity plan.

Run an energy comparison to see how much you could save

Temperatures are dropping by the day, so make sure you're not overpaying for your energy by switching to a fixed deal now. Enter your postcode below to get started.

My energy tariff is ending soon - when should I switch?

In accordance with Ofgem regulations, suppliers must notify you about your plan's upcoming end date 42-49 days before the end of your plan. This allows you time to find and switch to a new plan before you're rolled onto your supplier's "standard" plan, which is often much more expensive than a fixed tariff.

Once you receive this letter and you are in the 42-49 day window, you are free to switch without paying any early exit or cancellation fees.

Though shorter switching times have been introduced, it's worth noting that switching still takes at least three weeks (two-week "cooling off" period plus three days to switch). However, once your supplier knows you're switching they shouldn't roll you onto a more expensive tariff.

While the letter from your supplier will alert you to cheaper plans, these plans will only be the cheapest available from your supplier. That's why it's important to compare energy plans with an Ofgem accredited site like uSwitch.

Our video, which covers what you should do when your fixed energy plan ends, explains this in more detail.

  • Read the transcript

    Hi! If you’re on a fixed rate tariff, the date it ends is one you definitely need to put in your diary. Here’s why. With a fixed rate tariff, the fee you pay per unit of energy, and the daily standing charge, are set in stone for the duration of the plan. When your fixed plan comes to an end, it’s likely you’ll be rolled onto a standard plan. Standard plans are often more expensive than fixed plans and normally are variable, meaning you have the risk that energy fees can go up or down. This means that your bills could increase and you end up paying more for the same energy.

    It's a good option to lock in a fixed rate around the same as - or cheaper than - the rate you’re paying now to save more and maintain your peace of mind.

    When does my fixed plan end?

    Your fixed plan will end on a set date, but you don’t need to wait until then to switch. You can move to a new plan 49 days before your current plan ends without paying an exit fee. Your supplier should let you know when your plan is coming to an end, but you don't have to wait to receive the reminder. If you’re within the 49-day limit, you can still check your bill or run a comparison.

    What are you waiting for?

    How easy is it to switch?

    It generally takes 21 days to switch, but the process can be quicker. You won’t be charged twice or be without an energy supply at any point, so your switch should be completed without any issues. And remember, switching the plan you’re on doesn't always mean changing the supplier - if you’re happy with the supplier you’re with, they might have a cheaper tariff available you can switch to, rather than their default plan.

    To find a new fixed rate, use uSwitch to make sure you’re getting a deal that matches your needs. Go to uswitch.com to get started.

Energy plans ending soon

Supplier Plans ending soon End date
Better Energy Online Fixed 2 – Nov 19 30 Nov 2019 Compare now
Online Reward 1 – Nov 19 30 Nov 2019
Postal Fixed 2 – Nov 19 30 Nov 2019
Postal Reward 1 – Nov 19 30 Nov 2019
Bristol Energy Bristol Energy Fixed-to November 2019 Issue 15 30 Nov 2019 Compare now
Bristol Energy Fixed-to November 2019 Issue 17 30 Nov 2019
British Gas HomeEnergy Fix Nov 2019 30 Nov 2019 Compare now
Temporary November 2019 30 Nov 2019
EDF Energy BIue+Fixed Price November 2019 30 Nov 2019 Compare now
Blue+Price Protection Nov19 30 Nov 2019
Blue+Price Protection Nov19 (gas only) 30 Nov 2019
Easy Online Exclusive Nov19 30 Nov 2019
Easy Online Exclusive Nov19v3 30 Nov 2019
Easy Online Exclusive Nov19v4 30 Nov 2019
Easy Online Exclusive Nov19v5 30 Nov 2019
Easy Online Nov19 30 Nov 2019
Easy Online Renewal Nov19 30 Nov 2019
Easy Online Renewal Plus Nov19 30 Nov 2019
Simply Fixed Renewal Nov19 30 Nov 2019
Welcome Nov19 30 Nov 2019
Welcome Prepay Nov19 30 Nov 2019
Extra Energy Clear Fixed Price Nov 2019 v1 30 Nov 2019 Compare now
Clear Fixed Price Nov 2019 v2 30 Nov 2019
Ember Fixed Price Nov 2019 v1 30 Nov 2019
First Utility First Fixed November 2019 30 Nov 2019 Compare now
First Fixed November 2019 30 Nov 2019
First Fixed November 2019 v2 Online 30 Nov 2019
First Fixed November 2019 v3 Online 30 Nov 2019
First Fixed November 2019 v4 30 Nov 2019
First Fixed November 2019 v6 30 Nov 2019
First November 2019 30 Nov 2019
Fixed November 2019 v3 30 Nov 2019
StuRents Fixed November 2019 30 Nov 2019
First Utility First Fixed November 2019 30 Nov 2019 Compare now
First Fixed November 2019 30 Nov 2019
First Fixed November 2019 v2 Online 30 Nov 2019
First Fixed November 2019 v3 Online 30 Nov 2019
First Fixed November 2019 v4 30 Nov 2019
First Fixed November 2019 v6 30 Nov 2019
First November 2019 30 Nov 2019
StuRents Fixed November 2019 30 Nov 2019
GB Energy GB Fixed Green Energy Nov 19 30 Nov 2019 Compare now
GB Fixed November 19 30 Nov 2019
Gulf Gas and Power Gulf Home Exclusive 12 November 19 v1 30 Nov 2019 Compare now
Gulf Home Fixed 12 November 19 v1 30 Nov 2019
npower Broker Exclusive Fix November 2019 30 Nov 2019 Compare now
Exclusive Online Fix November 2019 30 Nov 2019
Homemove Exclusive Fix November 2019 30 Nov 2019
Our Power Our Fairer Energy Fixed to Nov 2019 17 Nov 2019 Compare now
Our Fairer Energy Fixed to Nov 2019 17 Nov 2019
PFP Energy ClearFixed 12 v10 30 Nov 2019 Compare now
FixedFor 12 v18 30 Nov 2019
SimpleFixed 12 v18 30 Nov 2019
Together - November 2019 - fixed 81 30 Nov 2019
Together - November 2019 - fixed E6 30 Nov 2019
Sainsbury's Energy Temporary November 2019 30 Nov 2019 Compare now
Spark Energy Comfort Saver November 2019 30 Nov 2019 Compare now
Co-op Energy Co-op Fixed Green Energy Nov 19 - DD 30 Nov 2019 Compare now
Co-op Fixed Green Energy Nov 19 - QC 30 Nov 2019
Co-op Fixed November 19 - DD 30 Nov 2019
Co-op Fixed November 19 - QC 30 Nov 2019
Yorkshire Energy Green Turtle - Fixed Until 30th November 2019 30 Nov 2019 Compare now

I've compared energy plans and there's nothing cheaper than the one I'm on now

You may find there's nothing cheaper than your plan that's about to end. This is, after all, the appeal of fixed plans - they lock in a very cheap rate for a year or more.

If this is the case for you, be aware that you should still switch. Inevitably, your cheap-rate plan will end and you'll be rolled onto your supplier's standard rate tariff. This is almost always much more expensive than you were paying, and will most definitely be more expensive than the cheapest plan on the market.

Run an energy comparison to see how much you could save

Temperatures are dropping by the day, so make sure you're not overpaying for your energy by switching to a fixed deal now. Enter your postcode below to get started.

What type of energy tariff should I switch to?

Finding a cheaper energy plan depends on a whole host of factors, including where you live, your consumption and the current energy plan market.

Fixed energy deals

Switching to another fixed rate energy plan offers the peace of mind that your rates won't change until the end of the plan. If you're not comfortable with a plan that includes an exit fee in case you don't like your new supplier or a better deal comes along, you can simply filter your comparison results - there are several fixed plans that don't carry an early exit fee.

Variable rate energy tariffs

Sometimes variable rate plans are some of the cheapest energy deals, but keep in mind you won't be protected if your supplier puts up their prices.

This is particularly worth noting when it comes to small suppliers, who can be more immediately impacted by changes to the wholesale gas and electricity market. That can lead to them having to be more reactive to wholesale changes and more likely to roll out price rises.

Renewable energy plan

If you're looking to do your part for the environment, there are several suppliers now offering energy plans powered by 100% renewably generated electricity.

These plans are often competitively priced as well.

What else can you do to keep costs down?

Ensuring you're on the cheapest energy plan, or on a good value fixed term plan, is the only way you can get the most value for every kWh you use, but there are other ways to keep costs down.

While a cheaper plan will save you money, so will using less energy in the first place. Simple changes around the home like dropping your thermostat setting by just one degree or draught proofing your doors and windows can make a significant difference, but larger investments can also pay off.

Insulation is the first step to keeping your energy costs down. Loft insulation is the easiest and cheapest to install. Even if you already have loft insulation, you should check whether you have the right levels installed — but more costly wall and floor insulation can also be worth considering.

Comparing from a fixed price plan and energy personal projection

When you are on a fixed energy plan, comparison sites will use what's called a personal projection. In simple terms, this is your estimated future energy cost for the next 12 months.

This calculation assumes you do not switch when your fixed deal ends, and uses the rates of your rollover plan to calculate your energy spend that is blended with your existing rates.

That means when you are on a fixed plan with a looming end date, your personal projection will change because your projection is a blend of the remaining days on your current fixed plan, and includes the days you will be on your supplier's pre-set rollover plan (the plan you will be automatically rolled onto if you do nothing).

Run an energy comparison to see how much you could save

Temperatures are dropping by the day, so make sure you're not overpaying for your energy by switching to a fixed deal now. Enter your postcode below to get started.

Read more …

Share this article