Expiring energy tariffs

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Fixed rate tariffs are a great way to both cut your energy bills and protect against price hikes, but when your fixed deal ends you’ll most likely be rolled onto a standard tariff, which will see you paying your suppliers’ most expensive rate.

If your current energy deal is due to expire, you need to take action by comparing quotes and switching to a cheaper tariff – if not, you’ll end up paying over the odds for your gas and electricity.

When is the best time to switch energy supplier?

If you start shopping around for a new energy deal about two weeks before your current contract expires, you should have no trouble finding a deal that saves you money, at least compared to your supplier’s standard rate.

But you can actually switch up to seven weeks before your contract ends, as Ofgem regulations require all suppliers to send you notice of your tariff end date between 42 and 49 days before it expires.

Once you receive this letter, you can safely switch without fear of incurring a penalty, even if your tariff carries an early exit or cancellation fee. This rule is in place to give you time find a new plan and make the switch before you’re rolled onto a more expensive standard rate tariff.

It’s worth keeping in mind that this letter will only alert you to cheaper plans offered by your current supplier, so to get the very best deal available always compare the whole market and switch with UK Power.

What energy deals are ending soon?

Here is complete run down of every energy deal that’s due to expire in the next couple of months – if yours is on there, start comparing quotes now and get ready to make the switch.

Energy tariffs expiring in December 2017

Energy tariffs expiring in January 2018

Supplier Tariff Tariff end date
EDF Energy Blue+Price Protection Jan 18 31/01/2018
Extra Energy Santa's Saver Fixed Price Jan 2018 v1 31/01/2018
npower Online Fix January 2018 31/01/2018
better energy Postal Fixed 1 Jan 18 31/01/2018
better energy Online Fixed 1 Jan 18 31/01/2018
first:utility First Fixed January 2018 v2 Online electricity only 31/01/2018
first:utility First Fixed January 2018 v2 Online 31/01/2018
first:utility First Fixed January 2018 v3 Full Service electricity only 31/01/2018
first:utility First Fixed January 2018 v3 Full Service 31/01/2018
PFP Energy Together - January 2018 - fixed 41 (Paperless Billing) 31/01/2018
PFP Energy Together - January 2018 - fixed 41 (Paper Billing) 31/01/2018
Sainsbury's Energy Fixed Price January 2018 31/01/2018
Extra Energy Fresh Fixed Price Jan 2018 v2 31/01/2018
Utility Warehouse Double Gold Fixed 11 31/01/2018
first:utility First Fixed January 2018 v4 Online electricity only 31/01/2018
first:utility First Fixed January 2018 v4 Online 31/01/2018
PFP Energy Together - January 2018 - fixed 42 (Paperless Billing) 31/01/2018
PFP Energy Together - January 2018 - fixed 42 (Paper Billing) 31/01/2018
ScottishPower Help Beat Cancer Fixed Price Energy January 2018 31/01/2018
ScottishPower Help Beat Cancer Fixed Price Energy January 2018 Online 31/01/2018
ScottishPower Fixed Price Energy January 2018 31/01/2018
ScottishPower Fixed Price Energy January 2018 online 31/01/2018
first:utility First Fixed January 2018 31/01/2018
first:utility First Fixed January 2018 electricity only 31/01/2018
first:utility iSave Fixed January 2018 (v31) 31/01/2018
first:utility iSave Fixed January 2018 (v31) electricity only 31/01/2018
British Gas HomeEnergy Connected Kit Jan 2018 31/01/2018
EDF Energy Blue+Price Freeeeze January 2018 31/01/2018
first:utility iSave Fixed January 2018 (v34) 31/01/2018
first:utility iSave Fixed January 2018 (v34) electricity only 31/01/2018
first:utility NSPCC First 31/01/2018
first:utility NSPCC First electricity only 31/01/2018
first:utility iControl Fixed January 2018 (v38) 31/01/2018
first:utility iControl Fixed January 2018 (v38) electricity only 31/01/2018
Extra Energy Fresh Fixed Price Jan 2018 v1 31/01/2018
npower Online Price Fix January 2018 31/01/2018
npower Online Price Fix January 2018 (Do not use) 31/01/2018

How long does it take to switch energy provider?

Once you find a tariff you’re happy with and agree to change supplier, it should take no longer than 17 days for the switch to complete. This includes a 14-day cooling-off period, in which time you can back out of the switch without penalty.

There’s no need for any digging or drilling inside or outside your property – there’s no difference in how the gas and electricity gets in, just a change in the company supplying it - and your new supplier will handle all the paperwork.

What if there are no deals cheaper than the one you’re currently on?

If you’ve run an energy comparison but can’t find a deal that’s cheaper than the one you’re currently on, you should still switch to the cheapest new deal on offer - staying with your current supplier will see your contract rolled onto its most expensive rate, which means you’ll end up paying more for your gas and electricity.

What’s the best type of energy deal to switch to?

On the face of it, the cheapest energy deal best one to switch to, but you should also consider things like customer service and bill accuracy – Ofgem figures show that billing problems are the biggest cause of complaints among both domestic and business energy customers in the UK, a problem that will only be exacerbated by poor customer service.

Is it worth fixing energy prices?

It’s always a good idea to switch to a fixed price energy deal to protect against price rises – the benefits are usually two-fold as they offer cheaper rates than standard plans and protect against price hikes for the duration of the contract.

On the downside, many fixed-rate deals come with a penalty fee for terminating your deal before its scheduled end date. This early exit fee is charged per fuel, and can offset any savings you might make by switching, so always do your sums before committing to any new deal. But there are fixed-rate deals out there that don’t carry an early exit fee, so always check the terms and conditions of any plan before you agree to switch.

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