Compare Electricity Prices UK 2024

The lowest energy tariff is not always the same for every household, therefore it is vital to search around for prices that are suited to your specific need. The only way to find out which energy provider offers the best price for you is to do an electricity comparison on a website such as Switch Squid.

To begin your search for a low-cost power plan, you will need to provide us with two pieces of information:

In order to begin your search for low-cost power, you’ll need to know where you reside. Have your postcode available. We’ll look for the most cost-effective power provider for you. The amount of electricity you consume. No need to know your precise consumption; we can generate an estimate based on the number of people that reside in your house and the size of your property. Nevertheless, to obtain the most accurate results, input your power use in kWh.

We’ll take care of the rest after you’ve selected your new low-cost power plan from among several options. Because we will put your old and new providers in touch to arrange a switchover date, you will not need to notify your existing supplier that you are moving.

If your power supplier adheres to the Energy Transfer Guarantee, your whole electricity switch should be completed within 21 days of signing the contract. This includes a cooling-off period during which you can withdraw your consent to the transition.

In most cases, if you haven’t moved to a more affordable energy plan in the last year or two, or if you haven’t switched at all, the default or standard variable tariff offered by your electricity provider is in effect. Electricity tariffs that are the most affordable are frequently fixed plans that provide a low introductory rate to new consumers.

Even if you have previously signed up for a fixed energy plan, this is only for a limited amount of time, and your provider will most likely switch you away from your low-cost electricity rate and onto a regular variable price once the fixed period is up and running (often 12-24 months).

These tariffs are used by about half of all homes in the United Kingdom, and regrettably, they are frequently the most costly form of plan available. The only method to move to a lower-cost energy tariff is to do so – either by moving your electricity tariff or by switching your power supplier completely, as explained below.

While the primary motivation for most individuals to switch is to save money on power, there are other factors to consider. Some consumers place a higher value on customer service than they do on financial savings, while others are interested in enrolling in a green energy plan.