The cheapest energy deals this month are up to £200 cheaper a year than the standard tariffs from the biggest suppliers.
Today Which? reveals the top five gas and electricity tariffs on the market this March.
It’s the latest in our monthly update of the five cheapest energy deals.
To find the best deal for you, compare energy prices with Which? Switch.
Top five cheapest energy deals
The cheapest gas and electricity deals available now are:
- Ovo Energy – Cheaper Energy Fixed: £1,015 (fixed)
- First Utility – iSave Fixed April 2015: £1,028 (fixed)
- Spark Energy – Direct Debit Advance 4: £1,070 (variable)
- Ovo Energy – Greener Energy Fixed (online): £1,071 (fixed)
- Woodland Trust Energy – New Energy Fixed: £1,075 (fixed)
- Ovo Energy – Better Energy Fixed: £1,075 (fixed)
All prices are for a dual fuel, monthly direct debit customer with average usage. The biggest saving is slightly less than with last month’s energy prices, but you can still save a worthwhile £198.
The only variable tariff is the one from Spark Energy.
The others are all fixed, which offer long-term peace of mind but mean customers won’t benefit from any price cuts while they are signed up and should watch out for exit fees.
See our energy tariffs explained guide for more information.
Beat the Big Six’s energy prices
The standard tariffs from the Big Six suppliers are listed below – along with how much more expensive they are than the cheapest deal:
- SSE – Standard (paperless billing): £1,212 (= £198 more expensive)
- Npower – Standard Dual Fuel: £1,205 (= £190 more expensive)
- British Gas – Standard: £1,193 (= £178 more expensive)
- Scottish Power – Standard (online): £1,189 (= £174 more expensive)
- EDF Energy – Standard (variable): £1,164 (= £149 more expensive)
- Eon – Eon Energy Plan (paperless billing): £1,160 (= £145 more expensive)
But price isn’t the only thing you need to consider when choosing an energy company – our 2014 energy companies satisfaction survey reveals what customers think of their gas and electricity suppliers.
Figures are accurate as of March 11, 2014.