Switching to a tracker energy tariff in January 2026
Compare whole-of-market UK tracker tariffs and fixed deals in minutes. Tell us your postcode and usage preferences, and we’ll help you see whether a tracker tariff could suit your home from January 2026.
- Whole-of-market comparison for UK homes (gas, electricity, or both)
- See tracker vs fixed costs side-by-side before you switch
- Switch online with support if you need it — no paperwork stress
EnergyPlus is a UK home energy comparison service. Prices and availability vary by region and meter type. Switching is subject to supplier checks and terms.
Compare tracker energy tariffs for January 2026
A tracker energy tariff is a deal where your unit rates move in line with a published index (often linked to wholesale energy costs). That can mean lower prices when the market falls — but your bill can also rise when the market rises.
If you’re considering switching in January 2026, it’s a smart moment to compare:
- Tracker vs fixed: stability versus flexibility
- Exit fees: some trackers are fee-free, others aren’t
- Regional prices: costs differ by distribution region and meter type
- Payment method: Direct Debit tariffs can differ from prepayment
Prefer not to guess? Use the form to get a comparison tailored to your home. We’ll show tracker options alongside fixed and variable deals, so you can choose with confidence.
Tip: If you have a smart meter, you may have more tariff options (including time-of-use in some areas), but you can still compare without one.
Is a tracker tariff a good idea for January 2026?
A tracker can work well for households that want market-linked prices and are comfortable with bills moving up and down. January is also a time when many households review spending after the festive period, so it’s a natural point to check whether your current deal is still competitive.
Tracker may suit you if…
- You want the potential to benefit when wholesale prices fall
- You can handle month-to-month variation
- You value flexibility (often shorter commitment)
- You’re able to monitor prices occasionally
Consider fixed if…
- You want predictable bills for budgeting
- You’d worry about sudden price rises
- You prefer to “set and forget” for 12–24 months
- You’re already on a good fixed rate with time left
Good to know
Tracker tariffs are different from the Ofgem price cap. The cap applies to default tariffs; a tracker’s pricing follows its own index and rules.
Always check: standing charge, unit rates, any daily cap / max rate and whether there are exit fees.
Tracker tariffs explained (plain English)
A tracker tariff uses a published formula to set your unit rate. Some update daily, some monthly. Many trackers reference a wholesale market indicator and add a margin and other costs. The key difference is that your price changes automatically without you having to switch again.
Key features to compare
| How often prices change | Daily or monthly (varies by supplier) |
|---|---|
| Index and formula | Look for a clear, published calculation |
| Standing charge | Can make a big difference even with low unit rates |
| Exit fees | Some trackers are flexible; others charge to leave |
| Price protection | Some tariffs include a cap or limit; many don’t |
Tracker vs variable vs fixed
| Tariff type | What moves your price | Best for |
|---|---|---|
| Tracker | A published index/formula | Those who want market-linked pricing |
| Standard variable | Supplier changes (often influenced by the price cap) | Short-term flexibility, but not always cheapest |
| Fixed | Locked unit rates for the term (standing charge may vary by rules) | Budget certainty |
January 2026 timing: If you’re on a fixed deal ending soon, compare tracker and fixed options before your tariff rolls onto a default rate. If you’re mid-contract, check any exit fee first.
How to switch to a tracker tariff (step-by-step)
Switching energy supplier in the UK is usually straightforward. In most cases, your supply won’t be interrupted — the change is administrative.
- Gather the basics: your postcode, current supplier, and whether you have gas, electricity or both.
- Compare whole-of-market: check tracker tariffs against fixed and variable alternatives, focusing on unit rates, standing charges, and any limits.
- Check your current tariff terms: look for exit fees and contract end dates (especially if you fixed recently).
- Choose your start date (if available): some switches can be scheduled; others move as soon as the supplier processes it.
- Submit your switch: you’ll receive confirmation and updates. Keep an eye on emails for any requested info.
- Take meter readings: provide readings on the day of switch if asked (smart meters may do this automatically).
What if you have a prepayment meter?
You can still switch, but tariff availability may be different. We’ll show suitable options for your meter type based on your postcode and details.
What if you’re in debt to your supplier?
In some situations you can still switch, but there may be restrictions. It’s best to compare first and check eligibility before committing.
Costs, risk and potential savings with tracker tariffs
The right tracker tariff can reduce costs when market prices fall — but it can also increase bills if prices rise. The key is to compare on the numbers that actually drive your bill, not just headlines.
Standing charge
A tracker with a low unit rate but high standing charge can be poor value, especially for low-usage homes. Always compare both.
Unit rates & volatility
Check how often the tracker updates and whether there’s any cap or maximum rate. Volatility matters more in high-usage months.
Exit fees
If your tracker has exit fees, you lose some flexibility. If prices rise, you may want the option to move quickly.
Common bill drivers in winter vs January
| Factor | Why it matters |
|---|---|
| Gas usage | January is typically high heating demand, so unit rate changes can have a bigger impact. |
| Electricity usage | More lighting and time indoors can raise consumption. |
| Region | Network costs vary by region, affecting your standing charge and unit rates. |
How to assess whether a tracker is “worth it”
- Compare annual costs using your typical usage (kWh), not just today’s price.
- Check the rules: index, update frequency, caps, and any minimum term.
- Plan your exit: know what you’ll do if prices rise (switch to a fixed deal, or another tariff).
- Don’t ignore service: billing accuracy, smart meter support, and customer experience matter.
If you want, use the comparison form and we’ll help you weigh tracker vs fixed for your home.
January 2026 considerations for UK households
If your fixed deal ends soon
Start comparing before it ends. If you do nothing, you’ll typically move to your supplier’s default tariff. A tracker could be an option if you’re comfortable with price movement.
If you have an Economy 7 / multi-rate meter
Some tariffs price day and night usage differently. We’ll help you compare options that match your meter type, including suitable tracker or fixed alternatives where available.
If you’re on prepayment
Availability varies and unit rates can differ. It’s still worth checking whether there are better-value options for your area.
If you use medical equipment at home
Budget certainty may matter more. Consider comparing tracker against a competitive fixed deal for stability, and review Priority Services Register options with your supplier.
FAQs: tracker energy tariffs
Are tracker tariffs the same as the Ofgem price cap?
No. The Ofgem price cap applies to default tariffs and limits typical charges. A tracker tariff follows its own index and formula, which can move independently of the cap.
Can my tracker price go up tomorrow?
Some trackers update daily, so yes. Others update monthly. Always check the tariff’s update frequency and whether there’s a maximum rate or cap.
How long does it take to switch energy supplier?
Switching timescales vary by supplier and circumstances. In most cases, you won’t lose supply during the switch. You’ll receive updates and a start date once your switch is processed.
Do I need a smart meter for a tracker tariff?
Not always. Some tariffs may work better with a smart meter (especially if pricing updates frequently), but many households can still switch without one.
Will I pay exit fees to leave my current tariff?
It depends on your contract. Fixed deals often have exit fees; some variable tariffs do not. Check your current plan details before switching in January 2026.
Is EnergyPlus whole-of-market?
EnergyPlus compares across the market to help you find suitable home energy tariffs, including tracker and fixed options where available for your postcode and meter type.
If you want a quick answer on whether a tracker makes sense for your household in January 2026, start with the comparison form. We’ll show relevant options and you choose what suits you.
Why households use EnergyPlus to switch
Whole-of-market comparisons
See tracker tariffs alongside fixed and variable options, filtered to what’s available for your postcode and meter type.
Clear, practical guidance
We highlight the numbers that matter: unit rates, standing charges, exit fees, and key tariff terms.
Switch support
From start to finish, you’ll know what happens next and what to do (like meter readings) to avoid billing surprises.
What customers say
“The comparison was clear — tracker vs fixed made sense once I saw standing charges and usage.”
UK homeowner, online switch
“I didn’t realise my region affected prices so much. The postcode results helped.”
Household user, January review
“Quick form, straightforward options. I switched without chasing paperwork.”
UK customer, dual fuel
Testimonials are illustrative of typical experiences and are not guarantees of savings.
Ready to switch to a tracker tariff for January 2026?
Compare tracker, fixed and variable home energy deals in one place. Start with your postcode and we’ll show what’s available in your area.
No supply interruption. You’re always in control of the final choice.
Quick checklist before you switch
- Any exit fee on your current tariff?
- Tracker update frequency (daily/monthly)?
- Standing charge vs unit rate balance?
- Any cap/limit and how it’s applied?
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