Switching providers
Switching energy suppliers is a straightforward process that can save you hundreds of pounds, particularly if you are moving from a standard “Big Six” supplier to a modern, technology-focused energy provider.
Why switch to a smart supplier?
If you have a heat pump, solar panels, or an EV, you need a supplier that understands these technologies. Modern suppliers (like Octopus Energy, OVO, or Good Energy) offer:
- Specialist Tariffs: Tailored rates for low-carbon homes.
- Better Data: High-quality apps that show your half-hourly usage and carbon impact.
- Seamless Export: Automated payments for the electricity you send back to the grid.
- Renewable Sourcing: Genuine commitment to sourcing electricity from UK wind and solar.
How the switching process works
- Compare Tariffs: Use our Tariff Comparison tool or an independent site like Citizens Advice to find the best deal.
- Sign Up: Contact the new supplier and provide your address and smart meter details.
- The “Switching Service”: Your new supplier will handle everything. They will contact your old supplier to cancel your contract.
- Final Reading: Your smart meter will automatically provide a final reading to your old supplier and a starting reading to your new one.
- Final Bill: Your old supplier will send you a final bill (and refund any credit) within 6 weeks.
Switching with a Smart Meter
Most modern switches are “seamless” because of the SMETS2 smart meter standard. Your new supplier will automatically take over the communications with your meter.
- Older Meters (SMETS1): If you have an older smart meter, it may temporarily lose its “smart” functionality when you switch, but most are now being upgraded remotely to work with all suppliers.
The 14-Day Cooling Off Period: By law, you have 14 days to change your mind after signing up with a new supplier. If you cancel during this time, you will remain with your original supplier without any penalty.
Tips for a smooth switch
- Pay off any debt: It is much harder to switch if you owe your current supplier money (more than £28).
- Get your refund: If your old account was in credit, ensure the refund is paid into your bank account.
- Check for exit fees: If you are on a “fixed-term” contract, you may have to pay a small fee (usually £30-£60) to leave early. However, you can switch without fees in the last 49 days of your contract.