When you compare energy deals on the internet, your cheapest deal is a discounted tariff over a fixed term. This doesn’t mean that it’s a fixed price tariff. Although, fixed prices are also available when you get quotes for your energy prices.
Online discounted prices usually run for about one year, they are cheaper than Standard energy prices. You are not protected from any price increases during the term of your discounted tariff, but the price is guaranteed to be cheaper than Standard energy prices.
Once your online tariff has reached the end of it’s term, you will be transferred to the suppliers Standard energy tariff. Some people switch their supplier every time their tariff comes to an end.
It’s down to you to find your cheapest energy deal. Your current supplier isn’t going to offer you the cheapest deal. Suppliers who are competing for your business, do so by offering cheaper rates. The only way for you to compare all the best deals, is to go through a price comparison site.
You can get more when you join our Energy Savers Club. The current cheapest supplier based on average consumption is showing up as Spark Energy with an average saving of £185 for a customer who has never switched energy supplier before.