Cheap tracker energy tariff deals UK this week
Compare whole-of-market tracker tariffs for your home and see whether a tracker could beat today’s variable and fixed deals. Get matched in minutes with a quick form—no obligation.
- Whole-of-market comparison for UK homes (gas, electricity, or dual fuel)
- See tracker vs fixed vs SVT using your postcode and usage
- Understand daily price changes and risk before you switch
- Switch support from start to finish—keep your supply on
Prices vary by region, meter type and usage. Tracker rates can go up or down—always review the tariff terms and exit fees before switching.
Compare cheap tracker energy tariffs in your area
Tracker tariffs link your unit rates to a published reference price (for example, the Ofgem price cap, a market index, or a supplier’s tracker formula). That means your price can move up or down—sometimes daily. The “cheapest” tracker deal this week depends on where you live, your meter type, and how much energy you use.
EnergyPlus is a whole-of-market comparison service for UK homes. Tell us a little about your property and we’ll show you tracker options alongside fixed and standard variable tariffs (SVT) so you can make a clear, informed choice.
Before you choose a tracker
- Check whether the tariff has exit fees and how you’d move to a fix if prices rise.
- Look at the standing charge as well as the unit rates—standing charges vary by region.
- Understand the tracking formula (what it tracks, how often it updates, and any caps/floors).
Want to learn first? Jump to Tracker tariff explained or compare tariff types.
Get matched to tracker deals
Complete the form and we’ll compare whole-of-market home energy tariffs for your postcode.
Tip: If you have a recent bill handy, you’ll get the most accurate comparison—especially if you’re on Economy 7, have a smart meter, or heat your home with electricity.
Looking for a fixed deal instead? Use the same form and we’ll show tracker vs fixed side-by-side for your postcode.
Why some households choose tracker tariffs
A tracker can be a strong choice if you’re comfortable with changing prices and want the potential to benefit when wholesale or cap-linked prices fall. It’s not always the cheapest option—so comparing properly is key.
Potential to pay less when prices fall
If the tracker reference price drops, your unit rates can drop too—without waiting for a new fixed deal to be released.
Flexibility vs long fixes
Many trackers are designed for people who may want to switch again. Always check the exit fee and notice period.
Transparent pricing formula
Good trackers explain what they track (and how often). EnergyPlus highlights key tariff terms so you can compare like-for-like.
Useful if you monitor your costs
If you keep an eye on rates and bills, a tracker can suit you—especially with a smart meter and regular readings.
Can suit lower usage homes
For some households, slightly higher standing charges matter less than lower unit rates—comparison helps reveal this.
Whole-of-market choice
Trackers vary widely between suppliers. Seeing the full market makes it easier to avoid paying more than you need.
Tracker tariff explained (plain English)
A tracker energy tariff is a type of variable tariff where your unit rates and/or standing charge change in line with a defined reference price. Unlike a standard variable tariff (SVT), where your supplier sets prices (within regulatory limits), a tracker follows a formula that should be stated in the tariff terms.
What can trackers track?
- Ofgem price cap (e.g. a discount or premium vs cap levels)
- Wholesale market indices (varies by supplier)
- Supplier-defined reference rate published daily/weekly
What are the risks?
- Your prices can rise quickly (sometimes daily) during volatile markets.
- Some trackers include exit fees or a notice period to leave.
- Not all trackers are cheaper than SVT—standing charges matter.
If you’re deciding between a tracker and a fix, focus on your tolerance for bill changes. A fixed tariff can provide budget certainty, while a tracker may deliver savings when market-linked prices soften. EnergyPlus helps you compare both using your actual postcode and estimated usage.
How tracker prices change (and what to check)
Before switching to any tracker energy deal, check the items below. These are the details that usually make the biggest real-world difference to your bills.
- Update frequency: Does the rate change daily, weekly, or when the reference updates?
- What exactly is tracked: Ofgem cap, an index, or a supplier reference price? Is it published publicly?
- Discount or premium: Some trackers are “cap minus X%” (or “plus”). Understand the margin.
- Caps and floors: Is there a maximum unit rate? Is there a minimum rate (a floor) if prices fall?
- Standing charge: Often overlooked—varies by region and can outweigh unit-rate savings for low usage homes.
- Exit fees & switching rules: If prices rise, can you move to a fix quickly and cheaply?
How to find “cheap tracker deals this week”
There isn’t one national “best tracker” for everyone. The best value this week is the deal that produces the lowest estimated annual cost for your region and usage—including standing charges, any discounts, and any fees. Use the comparison form to see your current options.
Tracker vs fixed vs standard variable (SVT)
Use this table to compare the main home energy tariff types. If you want the lowest-cost option for your postcode, the quickest route is to run a whole-of-market comparison.
| Tariff type | Price movement | Best for | Watch-outs |
|---|---|---|---|
| Tracker | Changes in line with a reference rate (often daily/weekly) | People comfortable with variability who want potential savings if prices fall | Can rise quickly; check exit fees, standing charge, and tracking formula |
| Fixed | Unit rates fixed for the term (e.g. 12–24 months) | Households prioritising predictable bills and budgeting | Often has exit fees; may miss out if market prices drop |
| SVT | Supplier can change prices; typically follows cap changes | Default option if you don’t switch | Often not the cheapest; rates can increase over time |
Important: The Ofgem price cap is a cap on the unit rates and standing charges for SVT and default tariffs—not a cap on your total bill. Your bill still depends on how much energy you use.
Eligibility, meters and regional pricing
Tracker availability can depend on your meter setup and where you live. When you compare with EnergyPlus, we factor in your postcode region so you see realistic standing charges and unit rates.
Smart meters
Many trackers work well with smart meters because readings are accurate and frequent. If you don’t have a smart meter, you can usually still switch—just keep readings up to date.
Economy 7 / multi-rate meters
If you’re on Economy 7 or another multi-rate tariff, comparisons must account for day/night usage split. Trackers may be available, but not always the best value—compare carefully.
Prepayment meters
Tracker options can be more limited on prepayment. If you’re considering moving from prepay to credit (where possible), we can show alternatives and typical requirements.
Regional differences
Standing charges and unit rates vary by distribution region. A tariff that looks “cheap” nationally may not be cheapest where you live—postcode comparison matters.
Common mistakes when choosing a tracker deal
Tracker tariffs can be excellent value in the right conditions. These are the pitfalls we see most often when people chase “cheap tracker deals this week” without comparing properly.
Ignoring the standing charge
A low unit rate can be offset by a higher standing charge—especially for flats and low-usage households.
Not checking exit fees
If the market moves against you, exit fees can make it costly to move to a fix quickly.
Comparing on headline discounts only
“X% below cap” doesn’t guarantee cheapest overall once regional pricing and your usage pattern is included.
Tracker energy tariff FAQs
Are tracker tariffs cheaper than fixed deals?
Sometimes. Trackers can be cheaper when tracked prices are falling or when the tracker offers a strong discount. But if prices rise, a fixed deal could work out better. Comparing using your postcode and usage is the safest way to decide.
How often do tracker prices change?
It depends on the tariff. Some update daily, others weekly or when the reference price changes. Always check the tariff’s update frequency and how changes are communicated.
Can I leave a tracker tariff at any time?
Many trackers allow switching, but not all are fee-free. Check for exit fees and any notice period. If you want maximum flexibility, look for trackers with no exit fee.
Do tracker tariffs work with smart meters?
Yes—often very well. Smart meters can help keep billing accurate. You can usually still switch without a smart meter, but you may need to submit readings regularly.
Will switching affect my supply?
No. Your gas and electricity keep flowing during the switch. Your new supplier takes over billing and your direct debit once the switch completes.
What information do I need to compare?
Postcode is essential. For best accuracy, use a recent bill to confirm your current tariff and typical usage (kWh), plus whether you’re credit or prepay and your meter type (single rate/Economy 7).
What customers like about comparing with EnergyPlus
People use EnergyPlus to understand their options clearly—especially when tariff pricing changes week to week. Below are examples of feedback themes we commonly receive.
“The comparison actually explained tracker vs fixed in a way I could understand, and the estimate matched my bills closely.”
— Homeowner, West Midlands
“I didn’t realise standing charges varied so much by region. The postcode comparison made it obvious what was actually cheapest.”
— Tenant, Greater Manchester
“The options were laid out clearly and switching was straightforward. Good to see tracker deals next to fixed ones.”
— Household, South East
Trust & transparency
- Whole-of-market comparison for UK home energy (where available)
- Clear display of key tariff terms: unit rates, standing charges, exit fees
- No disruption to supply when you switch
Ready to check this week’s tracker tariff deals?
Submit your details once and we’ll show tracker, fixed and SVT options for your postcode—so you can choose the best-value home energy tariff with confidence.
Back to Energy Suppliers