Energy tariffs with switching credit (February 2026)
Compare whole-of-market UK home energy deals and see if you could qualify for switching credit in February 2026. Check tariffs for your postcode, usage and payment preferences—then request a callback or quote in minutes.
- Whole-of-market comparison for electricity, gas and dual fuel
- Find tariffs that may include switching credit or sign-up incentives (where available)
- Compare by unit rate, standing charge, fixed vs variable and exit fees
- UK home energy only (not business), with clear, plain-English guidance
Switching credit and offers vary by supplier, tariff, eligibility and timing. We’ll show options available for your details in February 2026 (or nearest available).
Find February 2026 energy tariffs that may include switching credit
Switching credit (sometimes called a switching bonus, welcome credit, or sign-up incentive) is a supplier offer that adds value when you move your home energy supply to a new tariff. In February 2026, availability will depend on market conditions, supplier campaigns and your details (postcode, meter type, payment method and whether you’re a new customer).
EnergyPlus.co.uk compares whole-of-market options so you can weigh up any switching credit alongside the things that usually matter most: unit rate, standing charge, contract length, exit fees and customer service track record.
What you’ll need (2 minutes)
- Your postcode (to show local network charges and available tariffs)
- Approximate usage (or a recent bill) for more accurate quotes
- Preferred payment method (Direct Debit, prepayment, etc.)
- Whether you want fixed price certainty or variable flexibility
Request your February 2026 comparison
Submit your details and we’ll match you to suitable UK home energy tariffs, including options where switching credit may be available.
Tip: A large switching credit can look attractive, but your overall cost is usually driven by the unit rate and standing charge. We’ll help you compare the full picture.
Why compare switching-credit energy tariffs with EnergyPlus
Whole-of-market options
See a broad set of UK home energy tariffs—so you can compare potential switching credit alongside competitive ongoing rates.
Compare what matters in February 2026
We focus on real-world outcomes: total estimated costs, contract terms, exit fees, and whether incentives are likely to apply to your situation.
Home-energy friendly guidance
Clear help for households, including renters, families, and people moving home—without business-energy complexity.
No guesswork on eligibility
Switching credit often has conditions (new customers only, Direct Debit, online account). We highlight common restrictions to reduce surprises.
Support through the switch
If you request a quote/callback, we’ll help you understand timings, what happens to your Direct Debit, and what to do if you’re mid-billing cycle.
Designed to reduce bill shock
We encourage comparing incentives against annualised costs and standing charges—particularly important during winter-to-spring usage changes.
How switching credit works (and what to check)
Switching credit is usually applied as a credit to your new supplier account after you switch and meet the supplier’s terms. In some cases it’s split (e.g., part credited after the first bill, part after a number of months) or tied to a specific payment method.
- Choose a tariff: You compare rates, standing charges, contract length and whether any switching credit is offered.
- Apply and switch: Your new supplier handles most of the process. You normally won’t lose supply.
- Provide meter readings: Opening/closing reads (or smart reads) help ensure final bills are accurate.
- Credit is applied: If eligible, switching credit is added to your account balance on the supplier’s schedule.
Typical conditions (examples)
- New customer only (not currently supplied by that brand)
- Direct Debit required, sometimes monthly
- Online account / paperless billing
- Credit may be delayed until after your first bill or after a set period
- May be limited to certain tariffs (often fixed deals)
What we recommend checking
- Exit fees vs the value of the credit
- Standing charge (can outweigh a bonus over time)
- Whether you have a smart meter, prepayment meter, or Economy 7/10
- Any cooling-off period implications if you change your mind
- How the credit affects your monthly Direct Debit and account balance
February 2026 timing: winter usage is typically higher, so the same tariff can feel different depending on your monthly budget. Consider how a switching credit is applied (one-off credit vs spread) if you prefer stable payments.
Tariff types you’ll see in February 2026 (and how switching credit fits in)
Not every tariff comes with a welcome credit. Where it exists, it’s often attached to specific plans. Use the table below to compare the trade-offs quickly.
| Tariff type | Best for | Switching credit likelihood | What to watch |
|---|---|---|---|
| Fixed rate (e.g., 12–24 months) | Households wanting predictable rates | Often more common (supplier-led campaigns) | Exit fees; check standing charge and payment method requirements |
| Variable rate | Flexibility; no/low exit fees | Sometimes available, but less consistent | Rates can change; compare against your budget tolerance |
| Dual fuel (gas + electricity) | One supplier for both fuels | May be offered as a combined incentive | Make sure both fuels are competitive; check separate standing charges |
| Electricity-only (no gas at property) | Flats or all-electric homes | Offer-dependent; varies by supplier | Higher winter usage; consider rate structure and standing charge |
| Smart / time-of-use (e.g., off-peak rates) | EV drivers, storage heaters, flexible usage | Sometimes available, often niche | Eligibility (smart meter), peak prices, and whether your usage fits the pattern |
If you’re unsure which type fits your household, start with a comparison request and we’ll show suitable options for your meter and postcode.
Switching credit eligibility in the UK: what can affect it
Suppliers set their own rules for switching credit. In February 2026, you’re more likely to qualify if your details align with the offer’s terms. Use these checks to avoid disappointment.
You’re moving home
Some incentives apply to brand-new sign-ups, others exclude house moves or require you to remain on supply for a set period. If you’re moving, tell us—there may still be suitable tariffs.
You have a prepayment meter
Prepayment tariffs can be more limited and may not include the same incentives. We’ll still compare what’s available for your meter type.
You’re already with the supplier
A common rule is “new customers only”. If you’re already supplied by that brand (or a linked brand), the credit may not apply.
Your payment method differs
Many switching credits require monthly Direct Debit. If you prefer receipt of bill or quarterly payments, incentives may reduce—even if the tariff still suits you overall.
Common mistakes when chasing switching credit
- Ignoring standing charges: a higher standing charge can outweigh a one-off credit over a year.
- Not checking when credit is applied: some credits appear after the first bill or later—plan your cashflow accordingly.
- Overestimating savings: compare total estimated annual cost based on your usage, not just the bonus.
- Missing exit fees: if you switch again soon, exit fees can wipe out the benefit.
- Using old consumption figures: if your household has changed (WFH, EV, new baby), update your estimate.
Regional note: unit rates and standing charges can vary by region due to local distribution network costs. Your postcode is essential for accurate February 2026 comparisons.
FAQs: energy tariffs with switching credit (February 2026)
Is switching credit guaranteed?
No. Switching credit depends on the supplier’s offer and your eligibility. Even when shown on a tariff, it can be conditional (for example, new customers only, Direct Debit required, and credit applied after a set period).
When will the credit appear on my account?
It varies by supplier. Some apply credit after the first bill; others apply it after you’ve been on supply for a number of weeks or months. Always check the tariff’s terms before switching.
Does switching credit reduce my Direct Debit?
Often it reduces your account balance rather than automatically reducing your monthly Direct Debit. Some suppliers review payments after billing history builds up. If stable monthly payments are important, choose tariffs with clear payment structures.
Is it better to switch in February?
February is still a high-usage time for many homes, so it can be a good month to lock in a competitive rate if you find one. However, the best time to switch is when a tariff’s overall cost and terms suit your household—switching credit should be a bonus, not the only reason.
Will I lose supply when I switch?
Normally, no. Your energy continues to flow during the switch. You may be asked for a meter reading (or smart meter data may be used) to ensure accurate final billing.
Can renters switch energy supplier?
Often, yes—if you pay the energy bills and the account is in your name. If you’re unsure, check your tenancy agreement or speak with your landlord/agent. We compare home energy options based on your situation.
Do I need a smart meter to get switching credit?
Not usually. Some smart or time-of-use tariffs require a smart meter, but switching credit (where available) is more commonly tied to customer status and payment method than meter technology.
Still unsure? Use the comparison form and we’ll guide you based on your home, meter and budget preferences.
What customers value when switching with EnergyPlus
Every home is different. These examples reflect common feedback about the comparison experience—clarity, speed, and fewer surprises around tariff terms.
“I was tempted by a big switching credit, but the adviser helped me compare standing charges and I chose the cheaper overall tariff.”
Homeowner, West Midlands
“Clear explanation of when the credit would be applied and what to expect on my first bill. No pushy sales.”
Tenant, Greater Manchester
“I switched dual fuel and the process was straightforward. The comparison made it easy to see fixed vs variable options.”
Family household, Kent
Trust focus: We prioritise transparent comparisons. If a tariff has conditions for switching credit, we encourage checking those terms before you commit.
Ready to compare February 2026 switching-credit tariffs?
Submit your details to see whole-of-market home energy tariffs for your postcode. We’ll help you identify deals that may include switching credit—without losing sight of the true total cost.
Home energy only. Offers and switching credit availability can change. We’ll confirm the latest eligibility details during your comparison.
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