Looking for cheap gas and electricity? This month, we reveal the cheapest deal we’ve ever found.
Each month, we scour the energy market to bring you the top five cheapest energy deals.
And this month we’ve found the cheapest deal since we began our monthly round-up more than a year ago.
The cheapest widely available deal on the market is GB Energy Supply’s Premium Energy Saver tariff at £799 a year. That’s £314 cheaper than the most expensive standard tariff on the market, which is from Scottish Power.
You can find out which tariff is the cheapest deal for your own energy use by comparing prices at Which? Switch.
Top five cheapest energy deals
These are the top five cheapest dual fuel deals in November 2015 available to customers in all regions. Click the links to find out more about each company.
|Top 5 cheapest energy deals for November 2015|
|Supplier||Tariff||Annual price||Tariff type||Exit fee|
|GB Energy Supply||Premium Energy Saver||£799||Variable||None|
|Extra Energy||Fresh Fixed Price Dec 2016 v6 – paperless||£831||Fixed||£25 per fuel|
|First Utility||iSave Fixed December 2016 v5 – paperless||£832||Fixed||£30 per fuel|
|Flow Energy||Connect 3 – paperless||£837||Fixed||£30 per fuel|
|Extra Energy||Clear Fixed Price Dec 2016 v3 – paperless||£843||Fixed||£25 per fuel|
Table notes: The prices given in the table above are correct as of 09 November 2015 and are based on a dual fuel tariff for an average user (using 3,100 kWh of electricity and 12,500 kWh of gas per year), paying by direct debit and are averaged across all regions. Exact prices can vary according to region, usage and payment method.
Is your energy deal coming to an end?
If your fixed energy deal is coming to an end soon, don’t wait to switch. If you do nothing, you will be transferred on to your supplier’s standard tariff which will, in most cases, be more expensive.
Your energy supplier has to send you a notification that your tariff is about to expire 42 to 49 days before it ends. From then on, you are allowed to switch without having to pay any exit fee.
Current standard tariffs from the Big Six
Most households are still on a ‘default’ standard variable tariff. These are generally a lot more expensive than than cheaper fixed deals. If you’re on one of these tariffs, you’re probably paying too much.
Our research found that if you’re on a standard tariff with one of the Big Six, you could save up to £314 a year by switching to the cheapest deal.
- Scottish Power £1,113 – £314 more expensive than GB Energy Supply’s Premium Energy Saver
- NPower £1,110 – £311 more expensive
- EDF £1,101 – £302 more expensive
- SSE £1,088 – £289 more expensive
- Eon £1,079 – £280 more expensive
- British Gas £1,075 – £276 more expensive
Before switching supplier based on price alone, find out more about the energy companies.
Our energy company reviews reveal 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. Go to energy companies reviewed to find out more.
(All prices 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 09 November 2015).