Energy suppliers offering switching credit (February 2026)
Compare whole-of-market UK home energy deals that include switching credit, bill credit or cashback-style incentives available in February 2026. Tell us a few details and we’ll show eligible tariffs and any credit that may apply.
- Whole-of-market comparison for UK households
- See which deals include switching credit or bill credit
- Check unit rates, standing charges and contract terms in one place
- Switching support from start to finish
Credit offers vary by supplier, tariff, region and eligibility, and can change quickly. We’ll show what’s available for your home at the time you compare.
Compare February 2026 switching credit offers for your home
Some UK energy suppliers offer switching credit (often called bill credit) to new customers who move their gas, electricity or dual fuel supply. These offers can reduce your first bill or be added as a credit to your account after your supply starts.
Because supplier incentives can change without much notice, the quickest way to find accurate February 2026 availability is to check deals based on your postcode and usage. We’ll highlight where an offer includes credit and help you compare the total cost — not just the headline incentive.
Good to know: Switching credit is typically a one-off incentive. The best value deal is usually the one with the lowest overall annual cost for your home once rates, standing charges and any fees are considered.
Get personalised results
Complete the form to see eligible tariffs (including any switching credit) for your address.
Want to compare without focusing only on credit?
That’s sensible. We’ll show the total estimated annual cost and then flag any switching credit separately so you can make a balanced decision.
February 2026 note: Incentives may be limited in quantity, targeted to certain regions, or offered only via specific channels. Your results will reflect what is available at the moment you compare.
Why switching credit can be worth it (and when it isn’t)
Immediate bill reduction
If applied as account credit, an incentive may reduce your first bill(s) after switching — useful if you’re budgeting during winter usage or catching up after a price change.
Better overall value is still possible
A deal with credit can be strong value, but only if the underlying unit rates and standing charges are competitive for your usage and payment method.
Avoid being “sold” by the headline
A higher credit amount can sometimes sit alongside higher rates or longer commitments. We help you compare total cost and check key terms before you switch.
Quick rule of thumb: Compare annual cost first, then treat switching credit as a bonus — not the deciding factor.
How switching credit works in the UK
Switching credit is usually offered to new customers who start a new tariff with an energy supplier. It’s most commonly delivered as account bill credit, but the exact method varies. Always read the tariff’s key terms before switching.
- Check eligibility: Credit can depend on fuel type (gas/electricity/dual fuel), payment method, region, and whether you’ve been a customer recently.
- Apply and switch: You pick a tariff and the new supplier manages the switch. Your supply shouldn’t be interrupted.
- Credit is applied: Often after your first bill, after a set number of days, or once your account is active and payments are up to date.
- Stay compliant with terms: Some offers require you to maintain direct debit, keep the tariff for a minimum period, or avoid cancelling during any cooling-off stage.
Switching credit vs cashback vs vouchers
| Incentive type | How you receive it | Common conditions | What to watch |
|---|---|---|---|
| Switching credit / bill credit | Applied to your energy account | Direct debit, new customer, credit applied after supply starts | Timing; may be reversed if you cancel early |
| Cashback-style incentive | Paid out after validation period | Waiting period; must remain on supply | Longer lead times; proof/validation rules |
| Gift card / voucher | Code or card after eligibility checks | New customer; sometimes dual fuel only | Limited use cases; expiry dates may apply |
Tip: If you’re comparing a fixed tariff, also check whether there are exit fees. If your circumstances change, exit fees can reduce the benefit of any switching credit.
What to check before choosing a “switching credit” tariff
1) Total annual cost (not just the credit)
A £40 credit offer isn’t a bargain if the tariff costs £100 more per year for your usage. Compare on unit rates, standing charges and estimated annual cost.
2) Credit conditions and timing
Check when the credit is applied (e.g., after first bill, after 30–90 days) and whether it requires dual fuel, direct debit, or paperless billing.
3) Contract length and exit fees
Many fixed tariffs include exit fees. If you might move home or want flexibility, the cheapest option could be a tariff without fees — even if the switching credit is smaller.
4) Your meter type and payment method
Some offers are limited by meter type (including smart meters or prepayment). Your results should match what’s available for your home and how you pay.
Common mistakes that reduce (or void) switching credit
- Switching away before the supplier’s minimum period is met.
- Changing payment method if the offer requires direct debit.
- Assuming credit applies to single-fuel when it’s dual-fuel only.
- Not checking whether you count as a “new customer” (some suppliers exclude recent customers).
Regional and household factors that affect eligibility
Energy pricing and tariff availability can vary across Great Britain due to network costs and regional rate structures. In Northern Ireland, energy markets and suppliers operate differently. Switching credit eligibility can also depend on household circumstances and tariff rules.
Postcode & regional rates
A tariff that looks good nationally may price differently in your area. Always compare using your postcode for accurate rates and offers.
Meter type
Smart, traditional and prepayment meters may have different eligible tariffs. We aim to match results to your home’s setup where possible.
Fuel choice
Some incentives require dual fuel. If your home is electric-only (no mains gas), you may still find strong value tariffs even if credit offers are fewer.
Not sure what you have? If you’re unsure whether you’re on a smart meter or your current tariff type, don’t worry — you can still start the comparison and we’ll guide you through the next steps.
FAQs: switching credit in February 2026
Which UK energy suppliers are offering switching credit in February 2026?
Offers change frequently and can be limited by postcode, tariff type and eligibility criteria. The most reliable way to see which suppliers are offering switching credit for your home in February 2026 is to run a comparison using your postcode and usage. We’ll flag deals that include bill credit and show the underlying rates alongside it.
Is switching credit guaranteed?
No. Switching credit is usually subject to supplier terms (for example, being a new customer, paying by direct debit, or staying on supply for a minimum period). Always check the tariff’s offer terms before you proceed.
How long does it take to receive switching credit?
It varies. Common timings include after the first bill is produced, or after a set time (such as 30–90 days) once your supply starts. Some offers only apply once your payments are up to date.
Can I get switching credit if I only switch electricity (not gas)?
Sometimes. Some incentives are dual-fuel only, while others allow single-fuel switching. Your eligibility depends on the supplier offer and your meter setup. Compare to see what applies to your address.
Will switching affect my supply?
Your energy supply should not be interrupted when switching supplier. The process is administrative, and you’ll keep using gas and electricity as normal.
Is it better to switch on a fixed tariff or a variable tariff?
It depends on your priorities. Fixed tariffs offer price certainty for a period but may include exit fees. Variable tariffs offer flexibility but can change. If a switching credit is involved, consider whether contract terms reduce the overall benefit.
What households value about comparing with EnergyPlus
"I wanted a deal with bill credit but didn’t want to overpay on rates. Seeing the annual cost next to the incentive made it much clearer."
"Straightforward comparison. The notes on exit fees and the timing of credit helped me choose a tariff I’m comfortable with."
"I assumed the biggest credit was best, but it wasn’t. Comparing properly saved me money over the year."
Trust & transparency: We focus on whole-of-market comparison and present rates and key terms clearly so you can make an informed decision.
Ready to see February 2026 switching credit deals for your postcode?
Get personalised results and compare tariffs with any switching credit or bill credit clearly highlighted — alongside unit rates, standing charges and key terms.
Home energy only. Offers subject to availability and supplier eligibility. Switching credit amounts and timing vary by tariff.
Back to Guides & FAQs