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Comparing electricity prices and switching to a cheaper electricity deal is easy and can save you money on your energy bill. SwitchWhiz's electricity comparison engine will search a panel of trusted electricity suppliers to find you a better deal.
If you haven’t switched electricity suppliers recently or are nearing the end of your current contract, you could be missing out on significant savings. Switching suppliers today means you could:
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- You're on a default tariff: if you've never had an electricity contract, then you'll be on your energy supplier's default tariff. These are more expensive, so it worth finding a cheaper fixed-price deal with your supplier, or with another supplier.
- You're on a rollover tariff: if your contract has expired, variable rates are more expensive, so it is worth agreeing to a fixed-price tariff with your existing supplier or with a different supplier and saving money on your electricity bills
- You've received your Renewal Letter: Typically in the last 90 to 60 days, energy suppliers send their Renewal Letters, signifying the period where you can switch to a new supplier penalty free. Why not run a comparison and see if another supplier can offer you a better electricity deal?
Ofgem has announced that the typical UK household will spend £1,849 annually from April through to June 2025. If you're worried about electricity prices, now is a great time to compare and switch to a cheaper fixed deal.
Electricity suppliers will offer cheaper prices, making it easier for your household to switch to a better deal.
The price cap doesn't restrict your overall bill; it only caps the unit price charged per kWh. This means that if you use more, you pay more.
Factors such as your contract type, location, and consumption will continue to influence your electricity rates.
This table shows what the average unit rate of electricity and the average standing charge is in the UK for 2024 based on the energy price cap set by Ofgem for the period January 1 to March 31, 2025.
| Fuel Type | Daily Standing Charge | Average Price per kWh |
|---|---|---|
| Electricity | 60.97p | 24.86p |
| Gas | 31.65p | 6.34p |
We’ve broken down regional domestic electricity prices per kWh so that you can see how the area you live in impacts the price you pay for electricity.
| Region | Unit Rate (p/kWh) |
Average Standing Charge (p) |
|---|---|---|
| North West | 51.31 | 27.93 |
| Northern | 59.83 | 26.24 |
| Yorkshire | 54.64 | 26.19 |
| Northern Scotland | 60.87 | 26.99 |
| Southern England | 45.13 | 27.24 |
| Southern Scotland | 56.50 | 25.82 |
| North Wales and Mersey | 69.54 | 28.50 |
| London | 46.20 | 26.48 |
| South East | 48.03 | 27.68 |
| Eastern | 48.65 | 27.33 |
| East Midlands | 49.38 | 26.37 |
| Midlands | 53.14 | 26.46 |
| Southern Western | 54.27 | 27.58 |
| South Wales | 51.79 | 27.61 |
| Great Britain Average | 53.80 | 27.03 |
All data comes from Ofgem. Rates are for single rate, paid by Direct Debit.
Comparing electricity prices involves comparing electricity tariff quotes from a range of suppliers against your existing energy provider, and choosing the best deal to agree to.
To compare electricity deals, you will need:
When you’re looking to switch electricity suppliers, make sure you:
With so many options, it can be confusing to navigate the best energy tariff for you. However, once you think about how you use electricity, it becomes much simpler to choose an electricity tariff. You can pick from the following:
Fixed TariffsChoosing a fixed electricity tariff offers security surrounding the amount you pay to the electricity supplier each month. This means that you have a set price for each unit of electricity you use. These tariffs offer protection against price increases.
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Pre-Payment TariffsPre-payment tariffs allow households to purchase electricity in advance of using it. You can top up your electricity meter online, or in-store via a card or key. This is a great way to closely manage your electricity spending.
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Variable TariffsA standard variable contract, as it is sometimes known, is very popular in the UK. Even though the cost of electricity goes up and down in line with the electricity market, there are no exit fees and you’re free to switch suppliers at any time.
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Green TariffsMost electricity suppliers offer green tariffs providing you with electricity from renewable sources. These tariffs can be either fixed or variable and are often cheaper than standard tariffs.
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Dual Fuel TariffsChoosing separate electricity and gas suppliers can create more admin, so many UK households select a dual fuel tariff for more convenience. Dual fuel tariffs can be either fixed or variable and may offer discounts, but this varies by supplier.
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Economy 7 or 10Economy 7 & 10 tariffs are for those night owls who use more electricity at night. The cost of electricity is much cheaper after a certain time and the price per unit can fluctuate based on the market price.
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What is seen as the normal amount should be a figure you aim for. Reducing your electricity consumption where possible is one of the quickest ways to save money along with grabbing a fixed-rate deal at the right time.
According to the Department for Business, Energy & Industrial Strategy (BEIS), the average UK household uses 3,721 kWh per year.
Here are the consumption levels that are used by Ofgem to calculate the price cap which are seen as the average.
| Household Size | Average Electricity Consumption (annual kWh) | Annual Cost of Electricity (£) |
|---|---|---|
| Apartment/ 1-bedroom house | 1,800 | 682.91 |
| 2-3 bedroom house | 2,700 | 926.18 |
| UK Average | 3,721 | 1,202.16 |
| 4+ bedroom house | 4,100 | 1,304.60 |
Everyone is looking for ways to save money. Despite the obvious tip of using less electricity, the way you pay your supplier may also impact the price you pay. The calculations below are based on the Ofgem Price Cap figures for Q1 of 2024 and an assumed average consumption of 2,700 kWh of electricity annually (2-3 bedroom house).
Economy 7 tariffs can be cheaper depending on your use of electricity. For example, if the majority of your usage is during off-peak hours it may be cheaper to switch to an Economy 7 tariff.
Economy 7 hours differ depending on the electricity supplier. The most common hours this window falls on is between 10 pm and 8:30 am. You should consider this tariff carefully as it may end up costing you more as peak unit rates are often higher priced than other tariffs.
Whilst switching your electricity supplier will save you the largest amount, you can change simple everyday habits to make sure you have some extra cash in your pocket every month.
Turn appliances off at the wall
Leaving your appliances on standby can kill all your electricity savings throughout the year. Make it a part of your night-time schedule or integrate it with your smart home schedule. The Energy Savings Trust estimates that the average household will save up to £80 a year with this simple change.
Old appliances
You may be reluctant to throw out an appliance that is still going strong, but if they have a poor efficiency rating, it could be the invisible money pit in your home. The Energy Savings Trust estimates that simply upgrading a fridge freezer to an A+++ model from an A+ will save you £300 a year.
Get a smart meter
Keeping a watchful eye on your electricity usage can ensure your electricity bills are not running away. It will be a reminder of how much leaving a light, TV or even appliances costs. You can use the smart meter to identify anything in your home that is driving up the cost of your electricity bills.
The UK’s electricity fuel mix for the period of April 2023 to march 2024 is:
The UK electricity mix deliberately consists of several sources to ensure that the lights in the UK stay on through a diverse range of sources and technologies that can provide a constant and flexible energy supply.