Energy suppliers offering switching credit in February 2026
Compare whole-of-market home energy deals and check which UK suppliers are offering switching credit, bill credit or welcome incentives in February 2026. Get personalised results in minutes.
- See eligible switching credit and estimated annual cost side-by-side
- Works for gas, electricity or dual fuel (home energy only)
- Ofgem price cap aware, with clear fixed vs variable guidance
- Fast form — no sales waffle, just matches to your postcode
Incentives vary by supplier, tariff and eligibility. We’ll show what’s available for your home when you compare. No obligation.
Find February 2026 switching credit offers for your home
Switching credit can reduce your first bills or give you a welcome boost, but it’s rarely “one-size-fits-all”. Suppliers may restrict incentives to certain tariffs, payment methods, or new customers only. EnergyPlus compares whole-of-market home energy tariffs and highlights any available switching credit, bill credit or welcome incentive for your postcode.
Complete the form to see:
- Estimated annual cost and unit rates (where available to compare)
- Whether a deal includes switching credit and how it’s applied
- Fixed vs variable options and key contract terms
- Any exit fees or incentive conditions to watch for
Tip: When comparing switching credit, always check the total cost over your expected stay (e.g. 12 months) — a larger credit doesn’t always mean the cheapest tariff.
Check deals in your area
This is for home energy (not business). It only takes a moment.
Why postcode? Network costs and available tariffs can differ by region. Postcode helps us show the most accurate switching credit options.
Why switching credit can be worth it (and when it isn’t)
Immediate bill relief
Credit is often applied to your account, reducing what you pay in the first month(s). Helpful if you’re moving home or your Direct Debit is increasing.
Can beat “teaser” rates
A tariff with slightly higher unit rates can still work out cheaper over 12 months if it includes meaningful switching credit.
But read the conditions
Some credits only apply after a set time, only via Direct Debit, or only if you stay on supply. We flag key terms so you can decide confidently.
February 2026 context: Suppliers may adjust incentives in line with wholesale costs, customer acquisition targets and the Ofgem price cap cycle. Checking live availability for your postcode matters more than relying on generic lists.
How switching credit works in the UK
“Switching credit” is usually an incentive offered by a supplier when you join on an eligible tariff. It’s commonly applied as account credit rather than cash, meaning it reduces what you owe on future bills. The exact details vary by supplier.
- Compare tariffs for your postcode. We show prices and highlight any switching credit/welcome incentives available for your home.
- Check eligibility and conditions. For example, you may need to be a new customer, pay by Direct Debit, or keep supply for a minimum period.
- Apply and complete the switch. Switching is normally handled without an engineer visit (unless you’re changing meter type or need a smart meter appointment).
- Credit is applied. Often after your first bill, first payment, or after a set number of days on supply.
Fixed vs variable when credit is involved
A fixed tariff can offer price certainty for a term, while variable prices can change (often tracking the cap). Switching credit can feature in either — focus on your expected total cost over the period you plan to stay.
Will I lose credit if I leave early?
Sometimes. If the credit is applied after a qualifying period, leaving early could mean you don’t receive it. If it’s already applied, check terms for clawback and whether exit fees apply.
What counts as “switching credit” (and what doesn’t)
Suppliers describe incentives in different ways. Here’s how to interpret the most common types you may see in February 2026 deals.
Good to know: Some promotions are time-limited and can change during the month. Use the comparison form to check live availability.
Eligibility checklist: will you qualify for switching credit?
Eligibility varies, but the questions below cover the most common criteria used by UK suppliers when offering February 2026 switching incentives.
You’re a new customer (usually)
Many switching credits are for new customers only. If you’ve recently held an account with the same supplier, you may be excluded for a period.
Payment method requirements
Direct Debit is commonly required for incentives. Prepayment meter customers may see fewer switching credit promotions, depending on supplier.
Tariff type and term
Credit can be tied to specific tariffs (often fixed-term). Check for exit fees and how long you plan to stay before committing.
Timing and minimum supply period
Some offers credit your account after the first bill; others after a set number of days. If you switch again too quickly, you might miss it.
Common mistakes when chasing switching credit
Comparing credit only (not total cost)
A £X credit can be outweighed by higher unit rates. Always compare likely cost over the period you expect to stay.
Missing “new customer only” rules
If you’re returning to a supplier you left recently, the credit might not apply — even if the tariff is available.
Ignoring timing/qualification windows
Some credits are applied after a delay. If you plan to move house soon, a shorter-term deal without credit may suit better.
Want a quick answer? Use the comparison form and we’ll highlight eligible switching credits for your home alongside the estimated annual cost.
FAQs: switching credit deals in February 2026
Which energy suppliers are offering switching credit in February 2026?
Offers can change frequently and may depend on your region, fuel type (gas/electric/dual fuel), and payment method. Rather than relying on a static list, EnergyPlus checks available tariffs for your postcode and highlights any switching credit currently attached to eligible home deals.
Is switching credit paid as cash?
Usually it’s account credit applied against your energy balance (reducing future bills). Some incentives are vouchers or other rewards. Always check the tariff’s terms to confirm the method and timing.
Can I get switching credit if I have a smart meter?
In most cases, yes. A smart meter doesn’t usually prevent switching or receiving incentives. Your eligibility depends more on tariff rules, payment method and whether you’re classed as a new customer.
Will switching affect my supply?
No. Your gas and electricity still come through the same pipes and wires. Switching changes who bills you and the tariff you’re on, not the physical supply.
How long does an energy switch take in the UK?
Switching times can vary depending on circumstances, but many switches complete within a few working days. If you have debt with your current supplier or specific meter arrangements, it may take longer.
Can I switch if I’m in debt to my current supplier?
Sometimes. Your ability to switch may depend on the type of meter and the amount owed. If you’re unsure, run a comparison and check options; you may still find eligible deals even if incentives are limited.
What people like about comparing with EnergyPlus
“I wanted a deal with a joining credit but didn’t want to miss hidden conditions. The comparison made it clear what was eligible.”
“Quick to fill in, and the results were easy to understand. I switched without any hassle.”
“I compared dual fuel options and found a cheaper tariff even after factoring in the welcome credit.”
Trust & clarity: We focus on home energy comparisons and present switching credit alongside costs and key conditions, so you can make an informed choice.
Ready to see switching credit offers available in February 2026?
Get tailored results for your postcode and compare tariffs that may include bill credit or welcome incentives — without guesswork.
- Whole-of-market home energy comparison
- Clear eligibility notes for switching credit
- Fast form, no obligation to switch
Start your comparison
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