Cheapest UK Energy Suppliers for New Customers

Find and compare the cheapest home energy suppliers for new customers in the UK. See live tariffs, lock in better rates and switch online in just a few minutes.

Compare cheap home energy deals in minutes

Energy prices change quickly, and new customer deals are often time-limited. Our comparison tool makes it easy to see which UK energy suppliers are currently offering the lowest prices for gas and electricity in your area, so you never pay more than you need to.

  • ✓ View the cheapest UK energy suppliers for your postcode
  • ✓ Compare fixed and variable home energy tariffs
  • ✓ Check direct debit, prepayment and smart meter options
  • ✓ Switch online with no interruption to your supply

Get your cheapest home energy quote

Tell us a few details about your home and we’ll find the best priced tariffs from trusted UK suppliers.

By clicking compare you agree to our terms and privacy policy. We’ll never switch you without your permission.

How to find the cheapest UK energy supplier for your home

There is no single supplier that is always the cheapest for every household. The best value for you depends on your region, how much gas and electricity you use, the type of meter you have and whether you prefer a fixed or variable tariff. Our comparison helps you quickly see which UK home energy supplier is cheapest for new customers like you right now.

1. Enter a few details

Share your postcode and property details so we can pull in accurate standing charges and unit rates for your area.

2. Compare tariffs instantly

We search a wide range of UK home energy suppliers and list them by total estimated annual cost for new customers.

3. Switch online, securely

Choose the tariff that suits you best and complete your switch online. Your new supplier handles everything.

What makes an energy supplier “cheapest” for new customers?

When you hear about the cheapest energy suppliers in the UK, it usually refers to the suppliers that offer the lowest overall annual cost for a typical home. This isn’t just about the unit price of gas or electricity. It also includes:

  • Unit rates (pence per kWh) – what you pay for each unit of energy used.
  • Standing charges – the fixed daily fee you pay just for being connected.
  • Payment method – direct debit, pay on receipt of bill or prepayment meter.
  • Online discounts or paperless billing – often reserved for new switchers.
  • Fixed term incentives – such as loyalty credits or welcome bonuses.

Our comparison combines all of these into a clear, estimated annual cost so you can quickly see which home energy supplier is genuinely cheapest for you as a new customer.

Tip: don’t chase price alone

The cheapest tariff isn’t always the best overall deal. Look at:

  • Exit fees if you leave early
  • Customer service ratings
  • Smart meter and app support
  • Green or renewable options

Types of cheap home energy tariffs for new customers

Energy suppliers structure their tariffs differently depending on how you use energy and how much price certainty you want. Here are the main options you’ll see when comparing the cheapest UK energy suppliers for new customers:

Fixed rate tariffs

With a fixed rate tariff, your unit prices and standing charges are locked in for a set period – typically 12, 24 or 36 months.

  • Great for budgeting and avoiding surprise price rises.
  • Often include exit fees if you switch before the end date.
  • Some suppliers offer special fixed deals just for new customers.

If you prefer price certainty, a cheap fixed rate tariff from a reputable supplier can be a smart choice.

Variable rate tariffs

Variable tariffs move up or down when your supplier changes their prices. You’re not tied into set unit rates.

  • Usually no exit fees, so you can switch again if prices fall elsewhere.
  • You benefit more quickly from wholesale price drops.
  • Your bills can rise during periods of high market prices.

If you value flexibility over certainty, a cheap variable tariff might be right for you.

Dual fuel deals

Many households take both gas and electricity from the same supplier on a dual fuel tariff.

  • Convenient – a single bill and one point of contact.
  • Some suppliers apply a dual fuel discount.
  • Not always cheaper than taking gas and electricity separately, so it’s worth comparing.

Green & renewable tariffs

Many of the cheapest UK home energy suppliers now offer tariffs backed by renewable electricity and, in some cases, carbon-offset gas.

  • Support more sustainable energy generation.
  • Prices are often competitive with standard tariffs.
  • Great if you want to cut bills and your carbon footprint.

Ready to see the cheapest suppliers for your home?

Enter your postcode and a few quick details and we’ll show you live quotes from trusted UK suppliers in seconds.

Why switch home energy supplier as a new customer?

If you have just moved into a new home, or you’ve been on the same tariff for a long time, there’s a good chance you’re not on the cheapest deal available. Many households are put onto a default standard variable tariff when a fixed deal ends or when they move into a property.

Default tariffs are rarely the most competitive. By switching to a supplier that is actively competing for new customers, you could:

  • Cut your annual energy bills by moving to a cheaper tariff.
  • Get better customer service and modern app features.
  • Switch to a greener tariff without paying a premium.
  • Lock in prices to protect against future market volatility.

Using a comparison tool means you don’t have to manually check each supplier yourself. You see all the main options in one place, with clear pricing and key features.

Information you’ll need to compare

To get the most accurate comparison from the cheapest UK energy suppliers for new customers, it helps to have:

  • Your postcode and house number
  • Your current supplier and tariff name (if known)
  • Your annual usage in kWh from a recent bill, or monthly spend
  • Whether you pay by direct debit, on receipt of bill or prepayment

Don’t worry if you don’t have everything to hand – we can still estimate your usage based on similar homes in your area.

Comparing big six and challenger energy suppliers

The UK home energy market includes a mix of large, well-known brands and smaller challenger suppliers. Both can offer some of the cheapest deals for new customers, but they have different strengths.

Larger, established suppliers

These include long-standing brands with millions of customers across the UK.

  • Typically extensive customer support options and call centres.
  • Often bundle services such as boiler cover or smart home products.
  • May not always be the absolute cheapest, but some run strong new customer offers.

Smaller & challenger suppliers

These newer providers often compete aggressively on price and customer experience.

  • Can offer very competitive tariffs for new switchers.
  • Frequently focus on green energy or flexible, tech-driven services.
  • Service levels can vary, so check customer reviews and ratings.

Is now a good time to switch energy supplier?

Wholesale energy markets, the Ofgem price cap and government support schemes all affect how much you pay for gas and electricity. That means the best time to switch can change, but there are some simple rules of thumb:

  • If your fixed tariff is ending within the next few months, it’s worth comparing prices now.
  • If you’re on a standard variable tariff, you can usually move to a cheaper new customer deal with no exit fees.
  • If prices have been falling, switching to a new fixed tariff could protect you from future rises.
  • If prices are high and volatile, you may prefer a short fixed deal or a flexible variable tariff while you wait.

Our comparison shows you the latest tariffs available today so you can decide whether switching now makes sense for your home.

How the home energy switching process works

Switching to one of the cheapest UK energy suppliers for new customers is straightforward and regulated to keep you safe. Here’s what to expect:

1

Choose your deal

Compare tariffs, filter by what matters to you, and select the supplier and deal you prefer.

2

Provide details

Share some personal details, your supply address and how you want to pay.

3

Supplier handles the switch

Your new supplier contacts your old one. You’ll be asked for meter readings on the changeover day.

4

Enjoy cheaper bills

You won’t notice any physical change to your gas or electricity – just a cheaper tariff and new bills.

Frequently asked questions about cheap home energy suppliers

Will my energy be interrupted if I switch?

No. Gas and electricity are delivered through the same pipes and wires, regardless of who you pay. Your supply will continue as normal while your new supplier takes over billing.

Do I have to pay to switch supplier?

You don’t pay a fee to use our comparison. Some fixed tariffs include an exit fee if you leave before the end of the contract, but this will be clearly shown so you can decide whether switching is still cheaper overall.

How long does it take to switch to a new supplier?

Most home energy switches complete within 5–15 working days, depending on the supplier and your cooling-off period. Your new supplier will keep you updated with expected timelines.

Can I switch if I rent my home?

In most cases yes, especially if you pay the energy bills directly. Check your tenancy agreement, but suppliers and regulators generally support tenants finding cheaper deals to reduce their bills.

What if my current supplier owes me money?

When you switch, your old supplier will send a final bill based on your meter readings. If you’re in credit, they’ll refund you. If you owe money, you’ll need to settle the remaining balance.

Simple ways to reduce your home energy usage

Finding the cheapest UK energy supplier for new customers is one part of the picture. You can save even more by reducing how much gas and electricity you use at home:

  • Turn your thermostat down by 1°C to shave money off your heating bills.
  • Use LED bulbs in every room to cut electricity usage.
  • Switch off appliances at the plug rather than leaving them on standby.
  • Use smart plugs or timers for heaters and larger appliances.
  • Fill the washing machine and dishwasher before running them.

Combining a cheaper tariff with simple efficiency steps can make a significant difference to your annual energy costs.

Remember

You don’t have to change your boiler, radiators or wiring to switch supplier. It’s purely an administrative change that can save you money without any disruption.

Compare the cheapest UK energy suppliers for your home today

Enter your postcode, compare live tariffs from leading UK suppliers and switch online in minutes. There’s no obligation, and you could start saving on your home energy bills as soon as your new tariff goes live.

Find my cheapest home energy deal

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Updated on 12 Dec 2025