When’s the best time to switch energy providers? |

When’s the best time to switch energy providers?

Posted by Christophe Meunier on

Sometimes it can be hard to decide when the right time is to switch energy providers. Here are a few pointers to help you make the right switch:

  • You must not have changed your mind at the end of a contract. Your tariff will be changed to a default or standard tariff if you do not switch.
  • Winter will soon arrive if you don't have an annual fixed-term tariff. Comparing energy prices in warmer months can help to lower your tariff.
  • If you think that prices will rise. You can be assured a fixed rate for up to five years, depending on the agreement.
  • Before your deal ends. When you compare energy suppliers, Compare the Market will tell you which are covered by the Energy Switch guarantee.
  • Switching before your current contract expires could save you a few weeks of standard tariffs. Your energy provider should inform you between 42-49 days before your fixed-tariff period ends.
  • Reassessing your energy usage is an opportunity to do so. A better tariff might be available to you.
  • Changes in your life can lead to increased energy consumption.
  • You have paid off supplier credit. After you have settled your debt, it's worth looking for better deals.
  • If you're looking for something more than a low-price tariff, Many suppliers offer exceptional customer service if your supplier is not working out.
  • If you're on a regular tariff and want to do your bit for the environment, switching to a green tariff may be an option.

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