Search & Compare UK Cheap Electricity Deals to Save You Money
Securing Cheap Electricity Deals in The UK
When it comes to finding the cheapest electricity supplier UK, we need to compare electricity prices on offer from different companies. Some electricity consumers switch regularly and look for cheap electricity rates almost every year – and on the other hand there are many customers who seldom or never compare electricity prices.We suggest that utilities including your electricity supplier are regularly reviewed as part of your annual household budget. There is often a considerable degree of variation in terms, conditions and prices between the different electricity supply companies.
One important factor to consider is whether you will also require gas from the same supplier. This is sometimes called ‘dual fuel’ and in certain tariffs attracts cheap electricity rates – although it isn’t always the best deal available, so do check.
Find The Cheapest Electricity Suppliers in your area
Remember to take into account the unit price (day and night) and standing charges – and the period for which any initial offer or price fix will last. Some contracts are for variable priced units. Payment method is also important; monthly bank direct debit is usually cheapest and there is often an additional saving on offer if you can accept paperless billing (also known as electronic invoicing). Check the small print, including any cancellation fees (or other tie-ins) should you decide to change supplier early, i.e. before the new contract minimum period has ended. Another point which you may also wish to consider is whether or not the new supplier offers a dedicated telephone customer service help line, and if so the hours which this is available and the telephone number itself. In some cases these are 0800 (free call) and in others the non-geographic 0845 which always costs more than a local call.
Remember that some companies insist on advance payment, although some of these also pay you a small amount of interest on any credit balances. If you have a pre-payment meter in your home (previously called a ‘coin meter’), it is normally cheaper when possible to change over to billed metering with a standard meter. Some electricity companies may charge for this, though in the long run there might still be a saving.
Some suppliers have a green energy policy and offer a percentage (typically 15 to 20 per cent) of their energy as being generated from environmentally friendly or renewable sources. However, production costs are higher. Such companies may not be the cheapest electricity supplier UK – and may in some cases actually cost more.
Take a look at the various electricity suppliers and annual cost estimates in the table below and compare electricity prices to find the cheapest electricity supplier UK for you. Then click ‘Apply´ to take the next step towards cheap electricity rates.