Switch to a monthly energy tracker tariff in the UK
Compare whole-of-market monthly tracker energy tariffs with EnergyPlus.co.uk. See if a rate that moves with the market could suit your home, then switch with one simple form.
- Whole-of-market comparison for UK homes (gas, electricity or dual fuel)
- Check tracker-style plans vs fixed and standard variable in minutes
- Clear guidance on unit rates, standing charges, and price risk
- Support to switch without the hassle
Tracker tariffs can go up or down. We’ll help you understand the risks before you switch.
Compare monthly tracker energy tariffs (whole-of-market)
A monthly energy tracker tariff is a home energy plan where your unit rate can change each month, usually linked to a published market price or supplier tracker formula. That can mean lower prices when wholesale costs fall, but it also means your bill can rise when prices increase.
EnergyPlus.co.uk helps you compare tracker-style tariffs against fixed deals and standard variable options, so you can choose a tariff that suits your household budget and risk tolerance.
Good to know before you switch
- Monthly changes can affect direct debit amounts and your balance.
- Some tracker tariffs have exit fees; some don’t. We’ll flag this during comparison.
- Standing charges matter: a cheap unit rate can still be poor value if standing charges are high.
Start your comparison
Complete the form to check options for your home. We’ll use your postcode to match regional network charges and availability.
- Dual fuel, electricity-only or gas-only
- Pay monthly by Direct Debit, prepayment (where available), or other options
- Include smart meter preferences where relevant
Get tracker tariff quotes
Tell us a few details and we’ll help you find suitable tracker deals for your property.
Want a quick readiness check?
If your budget is tight or you prefer predictable bills, you may be better with a fixed tariff. If you can handle monthly price movement, trackers may be worth comparing.
Note: Availability and pricing depend on your region, meter type and supplier criteria. Monthly tracker tariffs are not suitable for everyone.
Why UK households consider monthly energy tracker tariffs
Tracker tariffs can be a good fit if you want your prices to reflect the market more closely and you understand the trade-off: potential savings vs less certainty.
Potential to pay less when prices fall
If wholesale costs drop, a tracker may reduce your unit rate at the next monthly update, rather than waiting for your fixed deal to end.
Transparent rate movement
Tracker pricing is typically published on a set schedule (e.g. monthly). You can plan around known update dates rather than surprise changes.
Flexibility compared with long fixes
Some tracker deals come with low or no exit fees, letting you move to a fixed tariff if your circumstances change.
May suit higher-usage households
If you use more energy, small changes in unit rates can have a bigger impact. That makes careful comparison especially important.
Works well with active monitoring
If you’re comfortable checking your tariff regularly, you can switch again if the tracker no longer looks competitive.
Risk reminder
A tracker can also rise quickly during market spikes. If you need a stable monthly budget, consider comparing fixed tariffs alongside tracker options.
How a monthly energy tracker tariff works
A monthly tracker tariff is a variable tariff where the unit price is reviewed and updated on a regular monthly schedule. The exact method depends on the supplier, but it’s typically linked to an external reference (or a supplier tracker index) plus a margin.
1) You choose a tracker plan
We compare available monthly trackers for your postcode and meter type, alongside alternatives.
2) Your rate updates monthly
Your unit rate and/or standing charge may change on a stated date each month.
3) Your bill reflects usage
Costs depend on your kWh usage, so meter readings (or smart data) keep billing accurate.
4) You can switch again
If prices move against you, you can compare again and move to a different tariff (check exit fees).
What to look at when comparing tracker tariffs
Unit rate (p/kWh)
This is what you pay for each unit of energy. Trackers may change monthly, so review the update schedule and how rates are calculated.
Standing charge (p/day)
A daily cost to keep you connected. It can vary by region and tariff, and it materially affects low-usage households.
Exit fees and contract terms
Check if there’s a cost to leave early, and whether there are any minimum term commitments.
How the tracker is set
Some trackers follow a published index; others use a supplier formula. You should be able to understand what drives changes month to month.
Tip: When you compare, use an annual usage estimate (kWh) if you have it. If not, your current supplier bill usually shows it. This makes price comparisons more realistic than looking at unit rates alone.
Monthly tracker vs fixed tariff: which is better?
The best choice depends on your priorities: do you want certainty or the chance to benefit sooner if the market falls? Here’s a practical comparison.
| Feature | Monthly tracker tariff | Fixed tariff |
|---|---|---|
| Price movement | Changes monthly (up or down) | Typically fixed for the term |
| Budgeting | Less predictable | More predictable |
| Potential benefit if prices fall | Often quicker to reflect falls | You’re locked into the agreed rates |
| Risk if prices rise | Higher risk of increases | Lower risk during the fixed term |
| Switching away | May be flexible (check exit fees) | Often exit fees apply |
A tracker may suit you if…
- You can handle month-to-month changes
- You’re comfortable reviewing tariffs regularly
- You’d like pricing that can fall faster
A fixed tariff may suit you if…
- You want stable bills and a predictable budget
- You prefer not to keep monitoring energy rates
- You’re risk-averse to potential price spikes
Am I eligible to switch to a monthly tracker tariff?
Eligibility varies by supplier, but most UK homes can switch if they meet a few common requirements. We’ll check availability based on your postcode and current set-up.
Home energy only
This page is for domestic customers. If you run a business from home, your supply is usually still domestic unless your meter is registered differently.
Meter type matters
Some tracker deals are limited by meter type (credit vs prepayment) or smart meter requirements. We’ll match you to what’s available.
Credit checks & payment method
Many tariffs assume monthly Direct Debit. Some suppliers may apply eligibility criteria depending on payment method and circumstances.
If you’re in a contract now
You can still compare. We’ll help you consider whether exit fees or timing (for example, near the end of your fixed term) changes what’s best for you.
Common mistakes when switching to a tracker tariff
Tracker tariffs can be useful, but only when compared properly. Here are the biggest pitfalls UK households should avoid.
Comparing only the unit rate
Standing charges and your usage profile can change the overall cost dramatically. Always compare estimated annual cost where possible.
Ignoring how the tracker updates
Not all trackers behave the same. Check update frequency, index/reference, and whether there are caps or floors.
Not planning for volatility
If the market rises, your bill may rise too. Consider whether you have a buffer and how quickly you could switch again if needed.
Forgetting meter readings
Accurate readings help ensure you’re billed correctly as rates change. With a smart meter, readings are typically sent automatically.
Monthly tracker energy tariffs: FAQs
Are tracker tariffs the same as standard variable tariffs (SVT)?
Not necessarily. An SVT can change at the supplier’s discretion (often when the price cap changes), while a tracker tariff typically follows a stated monthly method. Always check the tariff terms.
Will my Direct Debit change every month on a tracker?
It can. Some suppliers keep payments steady and adjust your balance; others may change your Direct Debit based on updated costs and usage. If you need predictability, compare fixed tariffs as well.
Can I switch if I don’t have a smart meter?
Often yes, but it depends on the supplier and tariff. Some tracker tariffs work with traditional meters, provided you submit readings regularly. We’ll show options that fit your set-up.
How quickly can I switch to a tracker tariff?
Switching times vary by supplier, meter type and whether any checks are needed. In general, domestic energy switches are designed to be straightforward, and you’ll be kept informed throughout the process.
What details do I need to compare accurately?
Your postcode, current tariff (if known), and an estimate of your annual kWh usage for gas and/or electricity. If you don’t have usage figures, a recent bill or online account often shows them.
Not sure what you’re on now? That’s common. Submit the form above and we’ll help you identify your current arrangement and compare realistic alternatives.
Why switch with EnergyPlus.co.uk
We focus on clarity and suitability. Tracker tariffs aren’t automatically “better” — so we help you compare the full picture and choose what fits your household.
Whole-of-market approach
We compare across the market to surface tracker-style options and suitable alternatives, based on availability for your home.
Plain-English guidance
You’ll see what drives price changes, what fees apply, and what to watch for — without jargon.
Switch support end-to-end
From comparing to switching, we help keep the process simple so you can focus on the right tariff decision.
“I didn’t understand tracker tariffs before. EnergyPlus explained the risks and showed me a comparison that actually made sense.”
UK homeowner, comparison enquiry
“Quick form, clear follow-up, and I felt confident switching because the standing charges were properly explained.”
UK household, dual fuel switch
Trust note: Always read supplier terms before switching. We’ll help you review key points like exit fees, payment method requirements, and how monthly rate updates work.
Ready to compare monthly tracker tariffs?
Submit your details and we’ll help you compare tracker-style options for your home, alongside fixed and variable alternatives — so you can switch with confidence.
- Whole-of-market comparison for domestic energy
- Regional pricing considered via postcode
- Support understanding volatility and fees
Get started now
Tracker tariffs can increase as well as decrease. If you’re unsure, compare fixed options too.
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