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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Global

Neutral

19 May 2026

Electric Power Market Prices, Data, and Analysis | S&P Global

Article Summary

Key point: S&P Global offers comprehensive data and analysis on electric power market prices, including historical, spot, and real-time information. This resource provides crucial insights into global electricity market dynamics.
Why it matters: No immediate change to household bills, but worth watching.
Expected impact: Mixed / neutral impact — A structural or regulatory development to monitor.

S&P Global offers comprehensive data and analysis on electric power market prices, including historical, spot, and real-time information. This resource provides crucial insights into global electricity market dynamics.

What This Means

While this article focuses on global power market data, its implications for the UK are significant. Global electricity prices, influenced by factors like fuel costs and geopolitical events, directly impact the wholesale prices UK suppliers pay. We monitor these trends closely as they often foreshadow changes in our domestic energy bills. Understanding these global dynamics helps us anticipate future price cap adjustments and advise consumers accordingly.

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.