We have found you the cheapest energy deals available in March 2016. Our energy tariff research has discovered that you can now find a fixed dual-fuel tariff for under £750.
If you’re on a standard tariff with one of the Big Six – namely British Gas EDF, Eon, Npower, Scottish Power and SSE – you can save up to £364 by switching to one of these cheaper deals.
For the average UK user, there is not much difference in price between these top five tariffs. Once you add your location to the mix, however, there could be a greater difference in price depending on where you live.
To find out what is the best deal for your home’s address, go to our independent switching site, Which? Switch, to find the cheapest energy tariff.
Top five energy deals
We have found the cheapest energy deals on the market. Follow the links to find out more about each energy supplier.
|Top five cheapest energy deals for March 2016|
|Supplier||Tariff||Annual price||Tariff type||Exit fee|
|Avro Energy||Simple and Fix – Paperless||£749||Fixed||None|
|First Utility||First Fixed April 2017 v7 – Paperless||£751||Fixed||£60 (£30 per fuel)|
|Flow Energy||Connect 6 – Paperless||£752||Fixed||£60 (£30 per fuel)|
|PFP Energy||Together – September 2017 – fixed 32 – Paperless –||£752||Fixed||£60 (£30 per fuel)|
|First Utility||First Fixed April 2017 v6 – Paperless||£758||Fixed||£60 (£30 per fuel)|
Table notes: The prices given in the table above are correct as of 15 March 2016 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.
Current standard tariffs from the Big Six
Most households are still on a standard variable tariff offered by one of the Big Six energy firms. These tariffs are usually more expensive than the cheapest tariff available on the market. If you are 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 £364 a year by switching to the cheapest deal:
- Scottish Power £1,113 – £364 more expensive than Avro Energy’s Simple and Fix paperless tariff
- EDF £1,100 – £364 more expensive
- NPower £1,110 – £364 more expensive
- SSE £1,100 – £364 more expensive
- British Gas £1,075 – £326 more expensive
- Eon £1,047 – £298 more expensive
Not all energy suppliers offer the same level of customer service. Take a look at the results of our best and worst energy companies survey.
Is your energy deal coming to an end?
If you plan to keep your eye on the market for the best deals, keep in mind that many suppliers charge an exit fee if you leave before your fixed term tariff ends.
In these top five energy deals, three suppliers offer a yearly fixed tariff with a £30 exit fee for both gas and electricity, so will sting you £60 to exit the dual-fuel tariff.
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. In most cases, this will 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.
(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 12 February 2016.)
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