Top 5 cheapest energy deals for JuneGB Energy Supply offers dual fuel deal for £870
14 June 2015
Each month we scour the energy market to bring you the top five cheapest energy deals. In June, our experts found 20 dual fuel deals that cost less than £1,000 a year at medium use.
One deal even comes at under £900: the Premium Energy Saver tariff from GB Energy Supply.
Which? Recommended Provider Ovo Energy is still competitively priced at £933 a year for its Better Energy (all online paperless) deal.
Ovo is the only Which? Recommended Provider for energy companies - this means that it meets our criteria according to our thorough policy, practices and pricing analysis.
Find out which tariff is the cheapest deal for you, based on your own energy usage, by visiting our independent comparison site Which? Switch.
Top five cheapest energy deals
These are the top five cheapest dual fuel deals in mid June. Click the links to find out more about each company.
1. £870 GB Energy Supply Premium Energy Saver
2. £913 First Utility iSave Fixed July 2016 (paperless)
3. £915 GnERGY Fixed June 2016 v1 (paperless)
4. £925 Extra Energy Fresh Fixed Price Sept 2016 v2 (paperless)
5. £926 Green Star Energy Rate Saver 12 Months Fixed 1506 (paperless)
All of these tariffs, except GB Energy Supply, are fixed deals so they can offer some peace of mind. They all have exit fees of between £25 and £30 per fuel.
GB Energy Supply
Surprisingly, the cheapest deal on the market from GB Energy Supply is not a fixed deal but a so-called variable (or standard) deal, meaning its prices can go up or down. It has no exit fee, so you are free to switch whenever you want.
GB Energy Supply is a new energy provider in Britain, having been established in 2014. It offers one simple variable tariff - Premium Energy Saver.
Current standard tariffs from the Big Six
The majority of households in Britain are on a variable (also named standard) tariff and could be paying too much for their gas and electricity. If you're on a standard tariff with one of the Big Six, you could save up to £299 by switching to the cheapest deal:
1. Eon £1,135: £265 more expensive than GB Energy Supply Premium Energy Saver
2. SSE £1,146: £276 more expensive
3. EDF Energy £1,155: £285 more expensive
4. British Gas £1,156: £286 more expensive
5. Scottish Power £1,166: £296 more expensive
6. Npower £1,169: £299 more expensive
Before switching supplier based on price alone, find out more about the energy companies.
Our research reveals what customers really think of their suppliers, how good their customer service is, which companies score best and which energy suppliers you'll want to avoid - read our reviews of energy providers.
(All prices are from Energylinx for a dual fuel medium user -13,500kWh of gas and 3,200kWh of electricity a year - paying by monthly Direct Debit and choosing paperless billing. Prices are averaged across all regions and correct as of 12 June 2015.)