The cheapest gas and electricity deals right now

Updated
The cheapest gas and electricity deals right now
The cheapest gas and electricity deals right now


It's important to keep on top of the cost of your energy bills, particularly if you're on a fixed tariff that's about to come to an end.

Switching supplier is one way you can save money, and the switching process is improving all the time.

The cheapest energy deals

Here's a round-up of the cheapest tariffs right now if you opt for both fuels from one supplier (known as dual fuel), pay by monthly direct debit and manage your account online. The price includes both the unit rate and any standing charge.

Energy supplier

Tariff

Type of tariff

Average annual cost

GB Energy Supply

Premium Energy Saver

Variable

£787.00

Extra Energy

Fresh Fixed Price January 2017 v1

Fixed (until January 2017)

£794.00

Extra Energy

Clear Fixed Price January 2017 v1

Fixed (until January 2017)

£801.00

Go Effortless

Domestic Energy December 2015 v1

Fixed for 12 months

£815.51

SSE

SSE 1 Year Fixed v3

Fixed for 12 months

£827.04

First Utility

iSave Fixed January 2017

Fixed (until January 2017)

£829.49

Extra Energy

Bright Fixed Price Jan 2017 v1

Fixed (until January 2017)

£830.00

Co-operative Energy

Co-op Online January 2017

Fixed (until January 2017)

£832.00

Green Star Energy

Rate Saver 12m Fixed 2512

Fixed for 12 months

£842.00

GnERGY

Fixed November 2016 v1

Fixed (until November 2016)

£848.72

Prices based on average consumption as measured by Ofgem of 13,500kWh of gas and 3,200kWh of electricity and a customer paying by monthly direct debit including VAT.

Bear in mind the price of your energy will be based on your postcode and may be more expensive, or even cheaper, than the ones listed.

See if you can switch supplier and save big money on your gas and electricity bills

Other things to consider

Fixing your energy bills is a bit of a gamble, much in the same way as fixing your mortgage rate. That's because prices could come down, which means you end up paying more than you would have done if you were on a variable or even a shorter-term fix.

Having said that, the general trend for gas and electricity prices is to only go one way and that's upwards, certainly over the long term, although they may fluctuate within a year.

If there's not much difference between companies, you might want to also consider how good each is when it comes to customer service.

The energy sector as a whole isn't renowned for being brilliant when it comes to dealing with its customers.

See if you can switch supplier and save big money on your gas and electricity bills



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