The main benefit of choosing a gas and electricity tariff without a cancellation fee is that you are essentially free to change supplier whenever you wish and won’t face any penalties for doing so. The downside is that energy tariffs without a cancellation fee are nearly all variable rate tariffs and as such the majority don’t offer any long term security against price increases.
The table below shows the current leading tariffs in the market that don’t come with a cancellation fee. You can use our Ofgem accredited comparison service to compare any of these tariffs against all other tariffs in the market. Simply enter your postcode into the box on the right to get started.
|Supplier||Tariff||Average Annual Bill*|
|Flex4 12month Fixed Direct Debit||£834|
|Direct Saver 2017 v2||£889|
|Simple and Savvy||£890|
|The Energy Deal Action Online||£904|
|Robin Hood Energy Evergreen Paperless Billing||£904|
|Octopus 12M Fixed||£907|
|Bristol Energy 1 Year Fix Issue 8 Paperless Billing||£912|
*Based on usage of 3,100kWh of electric per year and 12,500kWh of gas per year. Shows average price across all regions. Assumes payment is made by Monthly Direct Debit. Only showing tariffs which are generally available across most of the UK