Fixed energy tariff ending soon? How to switch for a deal in the UK
If your fixed tariff is ending, you’ll usually move to your supplier’s Standard Variable Tariff (SVT) unless you choose a new fix. This guide explains what happens next, how to compare deals safely, and what to check (exit fees, meter type, payment method and eligibility) before you switch.
- Know your end date and any exit fees before you act
- Compare like-for-like using unit rates, standing charges and contract length
- Switching is usually straightforward, but timings and eligibility vary by supplier
Estimates only. Tariffs, availability and eligibility vary by region, meter type and payment method. Always check supplier terms (including exit fees) before you switch.
Fast answer: what to do when your fixed tariff ends
In the UK, when a fixed energy tariff ends you’ll typically be moved onto your supplier’s Standard Variable Tariff (SVT) unless you agree a new deal. The SVT is capped by Ofgem’s price cap (for typical use), but it may be higher than a competitive fixed tariff available to new or switching customers.
Your quick action plan (15 minutes)
- Find your end date and any exit fee in your online account or contract.
- Note your meter type (credit/prepay, smart, Economy 7/10) and payment method (Direct Debit/card).
- Compare deals using unit rates + standing charges (not just the “monthly” figure).
- Switch in time: many suppliers let you lock a tariff in before your fix ends, but rules vary.
Key takeaways (UK-specific)
- SVT isn’t “bad” by default — it can be a sensible short-term option if fixes look expensive or you need flexibility.
- Exit fees matter: some fixes charge if you leave early; others have £0 exit fees.
- Payment method changes prices: Direct Debit tariffs can differ from pay-on-receipt or prepay.
- Meter type changes eligibility: Economy 7/10, smart meter mode, and prepay can limit deals.
Compare fixed deals before you roll onto SVT
If your fix ends soon, the main decision is whether to choose a new fixed tariff (for price certainty) or stay on SVT (for flexibility) while you watch the market. EnergyPlus compares whole-of-market home energy tariffs where available, helping you weigh up realistic options based on your details.
What you’ll need (helps accuracy)
- Postcode (to match regional standing charges and rates)
- Whether you have gas, electricity, or both
- Payment method (e.g., monthly Direct Debit)
- Meter type: smart / standard / Economy 7 / prepay
- Approx usage (kWh) or recent bills (optional but best)
Get your personalised quote
Fill in your details and we’ll help you compare options. We’ll use your postcode to match regional pricing and your contact details to share your results.
How switching works when your fix is ending
1) You choose a tariff
You can switch supplier or stay with your current one. Check contract length, payment method, and whether prices are fixed for energy only or include other conditions.
2) Switching starts
Most switches complete without interruption. If you have a smart meter, it should continue to operate, but smart features can vary between suppliers.
3) Final bill & opening read
Provide meter readings if asked (or they’re taken automatically). This helps ensure your final bill and your new account start correctly.
Fixed vs SVT: a practical comparison (UK homeowners & tenants)
Use this table to decide what to do when your fixed tariff is ending soon. The “right” choice depends on your appetite for price certainty, exit fees, and how likely you are to move home or change usage.
| Decision factor | New fixed tariff | Standard Variable Tariff (SVT) | Best for… |
|---|---|---|---|
| Price certainty | Rates usually fixed for the term (standing charge may also be fixed depending on tariff terms). | Rates can change. Typically aligned with Ofgem’s cap changes. | Budgeting and avoiding surprise increases. |
| Flexibility | May include exit fees and/or limited changes before the term ends. | No fixed term; you can switch away at any time. | Moving home soon or wanting to wait and watch prices. |
| Exit fees | Common on fixed deals (check per fuel and per meter). | Usually none. | Households that might need to switch again quickly. |
| Eligibility | May depend on postcode region, meter type (e.g., Economy 7), and payment method. | Typically available to all customers of that supplier. | People with complex meters may have fewer fixed options. |
| Potential cost | Could be lower or higher than SVT depending on market pricing at the time you lock it in. | Follows capped levels (for typical consumption), but your bill depends on your usage and region. | Anyone who wants to avoid exit fees and reassess later. |
Who a new fixed deal often suits
- You want predictable bills and prefer certainty
- You’re staying put for 12+ months
- The fix is competitive once you compare unit rates and standing charges
- You’re happy with the exit fees (or there are none)
Who should be cautious about fixing
- You may move home (tenancy ending, sale pending)
- Your usage is changing (new baby, working from home, heat pump)
- You’re on prepay or Economy 7 and choice is limited
- You’d likely switch again soon if prices fall (exit fees could wipe out gains)
Two realistic scenarios (with numbers you can sanity-check)
These are illustrative examples to show how the maths works. Your actual price depends on region, supplier, payment method and meter type.
Scenario A: Dual fuel, typical usage, switching to a 12-month fix
- Assumptions
- Electricity 2,900 kWh/year, gas 12,000 kWh/year, monthly Direct Debit. Illustrative SVT vs fix rates below (not market averages).
- Illustrative SVT pricing
- Elec 25p/kWh + 55p/day; Gas 6.5p/kWh + 30p/day.
- Illustrative fixed pricing
- Elec 23p/kWh + 50p/day; Gas 6.2p/kWh + 28p/day; £0 exit fees.
- Estimated annual cost (energy + standing charges)
- SVT: ~£1,746/year. Fix: ~£1,602/year. Difference: ~£144/year (estimate).
Why it can help: the fix reduces both unit rates and standing charges. If the fix had an exit fee, the benefit could shrink if you leave early.
Scenario B: Electricity-only flat, short tenancy, SVT might be sensible
- Assumptions
- Electricity 1,800 kWh/year, monthly Direct Debit, moving in 6 months.
- Illustrative SVT pricing
- Elec 25p/kWh + 55p/day.
- Illustrative fixed pricing
- Elec 24p/kWh + 55p/day, but with a £75 exit fee if you leave before 12 months.
- Estimated cost over 6 months
- SVT: ~£274 (energy) + ~£100 (standing) = ~£374. Fix: ~£264 + ~£100 + £75 exit fee = ~£439 (estimate).
Why it matters: even if the fixed unit rate is slightly lower, the exit fee can make it worse for short stays.
Costs, exclusions and common pitfalls when switching (UK)
1) Exit fees (and when they apply)
Fixed tariffs often charge exit fees if you leave early (sometimes per fuel). Check your contract and whether the fee is waived near the end date. Supplier policies vary, so confirm before you switch.
2) Economy 7 / multi-rate meters
Economy 7/10 tariffs have separate day/night rates. A deal that looks cheap on a single-rate comparison might not be cheaper for your usage pattern.
3) Prepayment meters (PPM)
Prepay customers can have fewer fixed options and different pricing. If you’re considering moving from prepay to credit, eligibility checks and timelines can apply.
4) Direct Debit vs pay on receipt
Many tariffs assume monthly Direct Debit. If you pay quarterly or on receipt, compare only tariffs available for your payment method to avoid mismatched pricing.
5) “Green” and add-on claims
Some tariffs include renewable electricity matching or carbon offsets. Look for clear supplier documentation and check what’s included (and what costs extra).
6) Debt, switching blocks and final bills
If you’re in debt to your current supplier, switching may be restricted in some cases. Take meter readings when requested to avoid billing disputes.
FAQs: fixed tariffs ending soon (UK)
1) What happens if I do nothing when my fixed tariff ends?
You’ll usually move onto your supplier’s Standard Variable Tariff (SVT). Your supply won’t stop, but your rates may change. You can still switch later.
2) Can I switch before my fixed tariff ends?
Often yes, but check exit fees and whether your supplier waives them near the end of your term. If you’re close to the end date, it may be possible to lock in a new tariff to start when your current one finishes, depending on the supplier.
3) How do I compare tariffs properly (not just the monthly cost)?
Compare unit rates (p/kWh), standing charges (p/day), tariff length, and any exit fees. Ensure you’re comparing the same meter type (single-rate vs Economy 7) and payment method.
4) Is it better to fix for 12, 18 or 24 months?
It depends on the price level you’re fixing at and how long you need certainty. Longer fixes can protect you from increases but can be harder to leave (exit fees). If you’re likely to move or change usage, a shorter fix or SVT may be more suitable.
5) Will switching affect my smart meter?
Your smart meter should keep measuring usage, but smart functions (like automatic reads or in-home display features) can vary by supplier and setup. If you rely on smart features, check with the new supplier before switching.
6) I’m on a prepayment meter — can I still switch?
Usually yes, but your tariff choice may be more limited and pricing can differ. If you have outstanding debt, switching rules can apply. Compare prepay-specific tariffs and check eligibility carefully.
7) Do I need my annual kWh usage to switch?
Not always, but it improves accuracy. You can find usage on recent bills, in your online account, or on your annual statement. If you don’t have it, an estimate can work, but treat savings figures as approximate.
8) Can I switch if I rent (tenant) rather than own?
In many cases, yes — if you pay the energy bills and you’re the account holder. If bills are included in rent or the landlord is responsible for the supply contract, you may not be able to change supplier.
9) Is SVT protected by the Ofgem price cap?
The Ofgem cap limits the unit rates and standing charges suppliers can charge for default tariffs for typical consumption assumptions. Your bill still depends on how much energy you use and your regional rates.
Trust, methodology and sources
Page governance
- Written by
- EnergyPlus Editorial Team
- Reviewed by
- Energy Specialist (UK retail energy)
- Last updated
- March 2026
How we assess “a good switch deal” when your fix ends
We focus on what changes the total expected cost and the risk of switching again:
- Total cost components: unit rates, standing charges, and any incentives that have clear terms.
- Tariff structure: single-rate vs Economy 7/10, dual fuel vs single fuel, and payment method pricing.
- Contract terms: length, exit fees, price change clauses, and how/when the tariff ends.
- Eligibility constraints: region (postcode), meter type (smart/standard/prepay), and customer status (new vs existing).
- User suitability: moving home likelihood, budget sensitivity, and preference for certainty vs flexibility.
Sources (UK)
- Ofgem: Energy Price Cap
- Citizens Advice: Energy supply and switching
- GOV.UK: Find an energy certificate (EPC)
- Ofgem: Priority Services Register
We link to regulators and trusted UK guidance to help you verify key points independently.
Ready to check your options before your fix ends?
Compare fixed tariffs available for your postcode, meter type and payment method. Get a clear view of rates, standing charges and key terms so you can decide with confidence.
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