Energy suppliers offering switching credit in the UK this month
See which home energy tariffs may include switching credit, bill credit or welcome credit right now—then compare whole-of-market options with EnergyPlus and request a quote in minutes.
- Whole-of-market comparison across leading UK suppliers
- Check potential switching credit alongside unit rates & standing charges
- No obligation—submit the form to get your options
Switching credit offers change frequently and may depend on eligibility, payment method and meter type. We’ll show what applies to your home.
Find suppliers offering switching credit (and make sure the tariff still saves you)
Some UK energy suppliers run switching credit promotions—often shown as bill credit, welcome credit or account credit. These offers can be appealing, but the real value depends on the full tariff: unit rates, standing charges, exit fees and how you pay.
EnergyPlus helps you compare whole-of-market home energy options and highlight where switching credit may apply. Fill in the form and we’ll return a tailored set of options for your postcode, meter type and preferences.
What we’ll check for you
- Tariffs that may include switching credit this month (when available)
- Whether the credit is paid automatically or requires a claim
- How long it takes to receive the credit (e.g., after first bill)
- Whether the overall annual cost is lower than your current deal
Good to know before you switch
- Switching credit isn’t guaranteed—it’s usually conditional on eligibility and meeting terms.
- It can be time-limited—offers may be withdrawn quickly, especially around price changes.
- It’s not the same as a price cap discount—credit is a one-off, while rates affect every unit you use.
Request your switching credit options
Tell us a few details and we’ll match you to suitable home energy tariffs, including any switching credit where available.
Prefer to compare by usage?
If you have an annual kWh figure (electricity and/or gas), keep it handy. It helps us estimate true savings beyond any switching credit.
Why switching credit can help (when used the right way)
Lower first bills
Account credit can reduce what you pay in the early months—useful if your Direct Debit is higher than expected after a price change.
Extra value beyond rates
On two similar tariffs, switching credit can tip the balance. We compare total cost, not just the headline offer.
Clearer decision-making
We help you check eligibility and timing so you know what you’re likely to receive—and when—before you switch.
How switching credit works in the UK
Switching credit is usually a one-off credit applied to your energy account. Depending on the supplier and tariff, it may show as a line item on a bill, a balance adjustment, or a credit in your online account. The key is understanding the conditions and how it interacts with your payment setup.
1) You switch to an eligible tariff
Credit may apply only to specific tariffs, sign-up channels (online vs phone), or new customers.
2) You meet the terms
Common terms include paying by Direct Debit, staying for a minimum period, or setting paperless billing.
3) Credit is applied to your account
Often after the first bill or within a stated timeframe. It reduces your balance rather than paying cash.
Switching credit vs other incentives
| Incentive type | What it usually means | What to watch |
|---|---|---|
| Switching / welcome credit | A one-off credit applied to your energy account balance. | Eligibility, payment method requirements, timing, and whether it applies per fuel or per household. |
| Referral reward | Credit after you join via a referral link/code. | May not stack with other offers; can take longer to apply. |
| Fixed-rate discount | A tariff priced lower than alternatives for a fixed term. | Exit fees, end date, and what happens when it rolls onto a variable tariff. |
| Cashback (external) | Money paid by a third party platform, not the supplier. | Tracking/cookie requirements, claims process, and payment delays. |
Before you choose a switching credit tariff: the checklist
If you’re searching for energy suppliers offering switching credit in the UK this month, use this checklist to avoid choosing a tariff that looks good upfront but costs more over the year.
1) Is the credit per fuel or per account?
Some offers apply only to dual fuel (gas + electricity), others apply to electricity-only homes, and some apply once per household. Clarify what you’ll actually get.
2) When is the credit paid?
Look for wording like “after your first bill”, “within 60 days”, or “after 3 months”. Timing affects your cashflow and first Direct Debit.
3) What’s the true annual cost?
A £50 credit can be outweighed by higher unit rates or standing charges. Always compare estimated annual cost using your usage (kWh) if possible.
4) Are there exit fees?
Fixed tariffs often include exit fees. If you may move home or switch again soon, the fee can cancel out any switching credit.
Regional considerations (UK homes)
Your postcode affects distribution network charges, which can change the value of a deal. Credit offers can also vary by tariff availability in your area, especially for specific meter types.
Eligibility: who can usually get switching credit?
Switching credit tends to be aimed at new residential customers. Exact rules differ by supplier and tariff, but these are the most common requirements in the UK.
New customer status
You may need to be new to that supplier (for example, not having held an account with them in a set period).
Payment method
Many offers are tied to monthly Direct Debit, sometimes with paperless billing. Prepayment meters may have different rules.
Meter type & tariff availability
Smart meters, standard credit meters and prepayment can have different tariff choices. We’ll tailor options to your setup.
Common mistakes when chasing switching credit
Choosing credit over lower rates
A one-off credit is helpful, but ongoing rates usually matter more. We compare the estimated annual cost first, then factor in incentives.
Missing the eligibility wording
Offers may exclude existing customers, require a minimum time on supply, or apply only to certain sign-up routes. We help you check these points.
Not factoring in exit fees
If your current tariff has exit fees, switching early could cost more than the credit you’re chasing.
Assuming credit means cash
Most switching credit is account credit (reduces your bill). It’s still valuable—but it’s not usually a bank transfer.
FAQs: switching credit on UK energy tariffs
Which energy suppliers are offering switching credit this month?
Switching credit promotions can change quickly and can be withdrawn without notice. Availability may also vary by tariff, fuel type (gas/electricity), meter type and region. Use the comparison form and we’ll check current availability for your postcode and requirements.
Is switching credit the same as cashback?
Not usually. Switching credit is typically applied to your supplier account balance. Cashback is often paid by a third party and may require tracking and claims. Always read the terms for both.
Can I get switching credit if I’m on a prepayment meter?
Sometimes, but it depends on supplier policy and tariff availability in your area. If you’re on prepayment, we’ll focus on eligible deals for your meter type and explain any restrictions.
How long does an energy switch take in the UK?
Most domestic switches complete within a few working days, though timings can vary. Your supply won’t be interrupted. Any switching credit is typically applied after the switch completes and conditions are met.
Will switching credit affect my Direct Debit amount?
It can. Credit reduces your account balance, which may influence how your supplier sets or reviews your Direct Debit. However, Direct Debits are mainly based on estimated usage and current prices.
Do I need to submit meter readings?
Often, yes—especially if you don’t have a functioning smart meter. Accurate opening/closing readings help ensure your final bill with your old supplier is correct.
What homeowners like about comparing with EnergyPlus
“I was tempted by a welcome credit offer but didn’t want to overpay long term. The comparison helped me see the real yearly cost.”
“Clear explanation of when the credit would be applied and what I needed to do. No jargon.”
“I didn’t realise standing charges made such a difference. Glad I checked before switching just for the credit.”
Trust & transparency
- Home energy focus (not business energy)
- Whole-of-market comparison approach
- We prioritise tariff fit and total cost—not just incentives
Ready to check switching credit deals available for your postcode?
Submit the form and we’ll match you with suitable UK home energy tariffs, including any switching credit offers that apply right now—plus the real estimated annual cost.
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