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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, take quick action or risk overpaying

When your tariff end date comes around, it's important that you take action or you could end up being rolled on to a much more expensive gas and electricity plan.

Why pay more for the same energy?

Find and switch to a better energy deal in minutes

My energy tariff is ending. When should I switch?

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

Once you receive this letter, you are free to switch without penalty, even if the plan carries early exit fees (cancellation fees).

While this seems like plenty of time, you don't want to leave it to the last minute. Though shorter switching times have been introduced, it still takes at least three weeks (two week "cooling off" period plus three days to switch) to switch suppliers.

Why pay more for the same energy?

Find and switch to a better energy deal in minutes

It's worth noting that while this 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.

Energy plans ending soon

SupplierPlans ending soonEnd date
Co-op MSE MSM Fixed July 201831 Jul 2018Compare now
My Co-op Lite July 201831 Jul 2018
My Co-op Lite Xtra July 201831 Jul 2018
Co-op Fixed July 201831 Jul 2018
Fixed Price July 201831 Jul 2018Compare now
HomeEnergy Capped Aug 201831 Aug 2018
Simply Fixed August 201831 Aug 2018Compare now
Blue+Price Freeeeze August 201831 Aug 2018
Online Saver Aug1831 Aug 2018
Blue+Fixed Price August 201831 Aug 2018
Blue+Price Protection Aug18v231 Aug 2018
Blue+Price Protection Aug1831 Aug 2018
Blue+Price Freeeeze July 201831 Jul 2018
Online Saver Jul1831 Jul 2018
Blue+Fixed Price July 201831 Jul 2018
Blue+Price Protection Jul1831 Jul 2018
First Fixed August 2018 v8 Online31 Aug 2018Compare now
First Fixed August 2018 v7 Full Service31 Aug 2018
First Fixed August 2018 (v157)31 Aug 2018
First Fixed August 2018 v3 plus31 Aug 2018
First Fixed August 2018 v2 +31 Aug 2018
First Fixed August 2018 v431 Aug 2018
First Fixed August 2018 v5 plus31 Aug 2018
First Fixed August 2018 v6 plus31 Aug 2018
First Fixed July 2018 Online31 Jul 2018
First Magic July 2018 online31 Jul 2018
First Fixed July 2018 v231 Jul 2018
Exclusive Go Mobile Fixed July 2018 Online plus31 Jul 2018
Online Price Fix August 201831 Aug 2018Compare now
Price Fix August 201831 Aug 2018
Fixed Energy Online August 201831 Aug 2018
Feel Good Fix August 201831 Aug 2018
Feel Good Fix August 2018 v231 Aug 2018
Online Price Fix July 201831 Jul 2018
Together - July 2018 - fixed 5331 Jul 2018Compare now
Together - July 2018 - fixed 5231 Jul 2018
Together - July 2018 - fixed 5631 Jul 2018
Together – July 2018 – fixed 4931 Jul 2018
Together – August 2018 – fixed 5731 Aug 2018
Together – August 2018 – fixed 5831 Aug 2018
Together – August 2018 – fixed 5931 Aug 2018
Fixed Until July 201831 Jul 2018Compare now
Fixed Until August 201831 Aug 2018
My GB Lite July 201831 Jul 2018Compare now
GB Online July 201831 Jul 2018
SE Fixed Price July 201831 Jul 2018Compare now
Fixed Price August 201831 Aug 2018
Fix and Reward August 201831 Aug 2018
Flow Fixed September 201831 Aug 2018Compare now
Double Gold Fixed 631 Jul 2018Compare now
Double Gold Fixed 731 Jul 2018
Double Gold Fixed Price 231 Aug 2018
Online Fixed Price Energy August 201831 Aug 2018Compare now
Help Beat Cancer Fixed Price Energy August 2018 Online31 Aug 2018
Online Fixed Saver August 201831 Aug 2018
Online Fixed Price Energy August 2018 v231 Aug 2018
Online Fix and Save August 201831 Aug 2018
Fixed Price Energy August 201831 Aug 2018
Online Fixed Saver July 201831 Jul 2018
Online Fixed Price Energy July 201831 Jul 2018
Online Fix and Save July 201831 Jul 2018

I've compared energy plans there's nothing cheaper - what should I do?

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 on to 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.

Why pay more for the same energy?

Find and switch to a better energy deal in minutes

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. 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.

  • Read the Transcript

    The [energy supplier's] offer is not as good as it was when we first started with them. I went online to uSwitch.com, obviously entered all my details as to who my current provider was for gas and electric, and basically uSwitch did all the work, just click the button and up come the prices that says we saved 450-pound a year.

    Actually it was really quick wasn't it because I was sort of pottering around at the time with the kids and everything, took about five minutes, and he kept interrupting me to and tell me what the answer was.

    You know, this was easy because you could see all the companies in one and you could see exactly what was happening. I felt confidence in uSwitch and because I had read testimonials on the site and what others users had said about them and as much as anything it was the fact that they knew exactly what I was paying for my electric, they showed me my exact price plan, and then showed me a comparative.

    The whole process was very simple, they had a nice section on the Frequently Asked Questions. tI watched him use the uSwitch website and it was just very straightforward, click click click done in a matter of minutes.

    As the lady needs help to login to her Facebook I the fact she can easily use uSwitch is quite a testament to the site really. uSwitch, uSave definitely. I think uSwitch was great, dead easy, that was the best of it, dead easy to use, the quotes were up on the screen in minutes and it is about well three clicks of the mouse to switch electricity company.

What else can you do to keep costs down?

Ensuring youre 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 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, and even if you 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 & energy personal projection

When you are on a fixed energy plan, comparison sites will use what's called a personal projection. In a nutshell, 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 on to if you do nothing).

If you only want to view savings based on your current plan, you can do this by selecting "How was this calculated" in your comparison results and choosing the "Compare on my current costs" tab.

Read more…

Why pay more for the same energy?

Find and switch to a better energy deal in minutes