Since 2021, the cost of gas and electricity has skyrocketed, which meant massive increases to your bills.
But wholesale prices are beginning to fall, and on 1 July 2023 a new, cheaper energy price cap took effect for the first time in 18 months. As energy prices start to come down, suppliers will begin offering more competitive tariffs again, so you can once again compare prices to see if you can find a cheaper deal.
Thinking of changing your energy supplier but don’t know where to start? We get it. Comparing energy suppliers can be overwhelming. There is good news though, using an Ofgem accredited energy comparison website (like Energylinx) will take the confusion out of comparing and switching energy suppliers.
There are different reasons for each household. You might want an energy company that supplies renewable energy, has excellent customer service ratings or one that can save you money.
We don’t promote any particular energy supplier. Only the best deals for your household.
We use EV SSL security certificates to protect your data and we will never sell your data.
We were one of the original signatories of the Ofgem Confidence Code when it launched.
Once you have selected a new supplier, you don’t have to do anything until your new supplier requests your opening meter reading.
Your new energy supplier will pay us a fee when your switch is completed but this fee is already included in the marketing budgets of the energy supplier, so you don’t pay a penny extra.
It is important to note that exit fees are common with fixed rate tariffs if you switch early. If you are on a fixed rate tariff, then you should check whether you'll incur a fee for cancelling your current energy deal before arranging a transfer to a new energy supplier.
The good news is that all energy suppliers should now allow you to leave up to 49 days ahead of your energy tariff's end date without incurring a penalty.
Ofgem is the Office of Gas and Electricity Markets and acts as the regulator to the energy industry.
The purpose of Ofgem is to protect the interests of electricity and gas consumers in Great Britain.
There are several ways in which Ofgem do this, including;
Ofgem currently runs the Confidence Code, a voluntary code of practice for domestic energy price comparison websites. Energylinx is one of the eleven energy comparison websites accredited to the Ofgem Confidence Code.
Any energy comparison websites that bears the Confidence Code logo should be able to do the following:
Here are all the latest gas and electricity price updates that will be included in your energy quote.