Is it worth switching energy supplier right now?

It depends on your current tariff versus the best available deals. Use our comparison and 'should I switch?' tools to see whether a fixed or better variable deal would save you money today.

How long does switching energy supplier take?

A switch typically completes within five working days, and there's a 14-day cooling-off period. Your supply is never interrupted — the same gas and electricity flow into your home.

Are there exit fees for switching?

Some fixed tariffs charge exit fees of around £30–£60 per fuel if you leave early. Variable and rolling tariffs usually have none. Always check before switching.

Will switching supplier interrupt my supply?

No. Switching only changes who bills you; the physical gas and electricity supply continues uninterrupted with no work needed at your home.

Should I choose a fixed or variable tariff?

Fixed tariffs lock your unit rates and protect against rises; variable tariffs follow the market and can fall. If prices are expected to drop, variable can win, but it carries more risk.

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Regulation

Neutral

1 August 2026

Energy UK response to Ofgem's requirement to offer lower ...

Article Summary

Key point: Energy UK's response to Ofgem's consultation on lower standing charge tariffs highlights potential impacts. Consumer preference for standing charge choice could influence outcomes.
Why it matters: No immediate change to household bills, but worth watching.
Expected impact: Mixed / neutral impact — A structural or regulatory development to monitor.

Energy UK's response to Ofgem's consultation on lower standing charge tariffs highlights potential impacts. Consumer preference for standing charge choice could influence outcomes.

What This Means

This indicates that industry bodies are actively engaging with Ofgem's proposals, which is crucial for a well-rounded outcome. We anticipate that the final policy will need to balance consumer demand for lower fixed costs with the operational realities for suppliers. The emphasis on consumer preference suggests a move towards more tailored tariff options for UK households.

Consumers: No immediate change to household bills, but worth watching.
Businesses: Limited direct cost impact for businesses for now.
Energy market: A structural or regulatory development to monitor.