If your energy deal is coming to an end in March, now is the time to switch before you pay more for a standard tariff.
When your tariff comes to an end, your supplier will switch you to its standard (also known as variable) tariff. In most cases, this will be more expensive. In some cases, it will be much more expensive.
Read on to see if your energy deal is coming to an end, and see how much more you’ll pay if you don’t switch. Scroll down to reveal the five cheapest energy deals.
To check how much money you could save by switching, use our free and independent price comparison site Which? Switch to find the cheapest energy deal.
Fixed energy deals ending in March
Check your energy bill to see when your fixed tariff is ending. If it is one of the ones listed in our table below, then you should consider switching to a new, cheaper tariff before you are placed on what is usually your supplier’s most expensive tariff – the standard (or variable) tariff.
|Fixed energy deals ending in March 2016|
|Supplier||Tariff||Average price||Standard tariff||Average price increase|
|British Gas||Price Protection March 2016||£1,047||£1,075||£28|
|Co-operative Energy||Fair & Square March 2016||£895||£1,119||£224|
|Co-operative Energy||Fixed March 2016||£1,073||£1,119||£46|
|EDF Energy||Blue+Price Promise March 2016||£991||£1,101||£109|
|Extra Energy||Bright Fixed Price March 2016||£918||£1,130||£212|
|Extra Energy||Clear Fixed Price March 2016 V1||£895||£1,130||£236|
|First Utility||iSave Fixed March 2016 v37||£914||£1,084||£170|
|First Utility||The Big Deal Collective Switch March 2016||£849||£1,084||£235|
|nPower||Price Fix March 2016||£1,080||£1,110||£30|
|Sainsbury’s Energy||Fix and Reward March 2016||£1,039||£1,075||£36|
|Sainsbury’s Energy||Fixed Price March 2016||£906||£1,075||£169|
|Scottish Power||Online Fixed Price March 2016||£875||£1,103||£228|
Table notes: Prices are based on a dual fuel tariff, averaged across the UK, for a household with average consumption (using 3,100 kWh of electricity and 12,500 kWh of gas a year), paying by direct debit. Exact prices can vary according to region, usage and payment method. Other tariffs ending are British Gas Fixed and Fall March £1,075, British Gas Fix and Reward March £1,135, British Gas Fixed Price March £1,195, Extra Energy Clear Fixed Price March v2 £893, Extra Energy Fixed Price March v3 £893, Extra Energy Fixed Price March v4 £877, Extra Energy Fixed Price March v5 £877, Extra Energy Fresh Fixed Price March v1 £907, Extra Energy Fresh Fixed Price March v2 £906, Extra Energy Fresh Fixed Price March v3 £877, First Utility iSave Fixed March v41 £907, First Utility iSave Fixed March v42 £894, First Utility iSave Fixed March v44 £878, First Utility iSave Fixed March v45 £908, Sainsbury’s Energy Price Freeze March £954,
Prices have been rounded up and are correct as of 1 March 2016.
Switch your energy deal now and avoid exit fees
Your supplier has an obligation to alert you between 42 and 49 days before your tariff ends. You don’t have to wait until the tariff has actually ended to switch, as suppliers are not allowed to charge you an exit fee during this time.
It’s best to switch as soon as you receive the notification, as you could waste money by ending up on the standard tariff while you wait for the switch to go through.
So if your tariff is ending at the end of March, you should be able to switch now to avoid any exit fees.
Top five cheapest energy deals
The top five cheapest energy deals all come in around £750 a year for a medium energy user.
- Flow Energy, Connect 6 – paperless – £752
- PFP Energy – Together – September 2017 Fixed 32 – paperless – £752
- First Utility – First Fixed April 2017 v5 – paperless – £753
- GnERGY – Fixed April 2017 – paperless – £764
- GB Energy Supply – Fixed 12 Sapphire – paper and paperless – £765
Although we know that price is important, it’s a good idea to know a bit about an energy company before you switch to them.
We have rated the best and worst energy firms, so you can know the type of service they will deliver and what their customers think of them.
(All prices from above are from Energylinx, based on the details of a dual fuel medium user [12,500kWh of gas and 3,100kWh of electricity a year] paying by monthly direct debit and choosing paperless billing. Prices are averaged across all regions and correct as of 21 October 2015.)