Signing up for an online energy tariff means you agree to manage your gas and electricity bills via the Internet. You will provide your meter readings online and will typically receive your bills via email or by logging into your energy supplier's website, rather than through the post. It's worth noting that you can still speak to your energy provider over the phone if you need to and you aren't required to pay your bills via internet banking – you can usually pay by Monthly Direct Debit and often there is an option for payment by Direct Debit or credit card.
The cheapest online energy deals currently available from UKPower.co.uk are shown in the table below. To compare any of these tariffs against the rest of the market, simply enter your post code in the yellow box above and click 'Compare prices'.
|Supplier||Tariff||Average Annual Bill*|
|Simple and Chill||£871|
|Co-op Online February 2018||£877|
|Together - December 2017 - fixed 40 (Paperless Billing)||£881|
|Direct Saver 2017 v2||£889|
|Octopus 12M Fixed||£898|
|iFix 21-Month Oct18 V2||£900|
|Fix For Longer February 2018||£901|
|Robin Hood Energy Evergreen Paperless Billing||£904|
|The Energy Deal Action Online||£904|
*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
Online tariffs generally tend to be the cheapest tariffs available. The overall yearly saving by taking out an online plan can be hundreds of pounds cheaper versus the standard plan.
The lower prices of online plans are in part due to the fact that the energy providers have lower overheads with online customers, as they don't need to pay to send out bills and other communication through the post. As a result, the savings can be passed on to online customers in the form of cheaper gas and electricity costs.
Online energy tariffs are great for anyone who has regular access to the Internet and is comfortable using a computer and navigating their way around websites.
They are also particularly attractive for those who want to take control of their energy costs and ensure their bills are accurate, rather than relying on the supplier to provide "estimated" bills – which can often be incorrect.
Online tariffs enable you to provide meter readings direct to your supplier quickly and easily meaning they can stay fully up to speed with your usage and therefore bill you for what you've used. In doing so, bills remain accurate and can quickly be adjusted to reflect trends in usage therefore avoiding any debt building up on the account.
Some suppliers online tools also provide useful usage graphs to help you gauge your energy consumption and detect any sudden changes in usage which can lead to larger and more costly energy bills.