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Due to rising costs, many providers have removed their deals from the market, so we're unable to switch you right now

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What’s happening in the energy market? 

Energy is getting more expensive and some gas and electricity companies are going bust and many other suppliers have withdrawn their tariffs. This means there are less tariffs to choose from and you’ll have to pay more. Find out what you can do and what help is available. 

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gas and electricity
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Which energy companies have gone bust? 

As of 21 January 2022, the following suppliers have stopped trading:

When Old supplier New supplier
18 January Together Energy Retail Ltd


4 December Zog Energy Limited EDF
1 December Entice Energy Scottish Power
1 December Orbit Energy Limited Scottish Power
21 November Neon Reef Limited British Gas
21 November Social Energy Supply Ltd British Gas
7 November CNG Energy Limited Pozitive Energy
7 November Omni Energy Limited Utilita
7 November MA Energy Limited SmartestEnergy
7 November Zebra Power Limited British Gas
7 November Ampoweruk Ltd Yü Energy
7 November Bluegreen Energy Services Limited British Gas
21 October GOTO Energy Shell Energy
17 October Daligas Shell Energy
17 October Pure Planet Shell Energy
17 October Colorado energy Shell Energy
3 October ENSTROGA E.ON Next
3 October Igloo Energy E.ON Next
3 October Symbio Energy E.ON Next
22 September Avro Energy Octopus Energy
22 September Green Supplier Limited ('Green.') Shell Energy
14 September People's Energy British Gas
14 September Utility Point EDF
7 September PFP Energy British Gas
7 September MoneyPlus Energy British Gas
9 August Hub Energy E.ON Next

Find out what to do if your supplier goes bust.

How does switching energy suppliers work?

There are fewer suppliers offering tariffs right now, so it might be harder to find a good deal. But switching suppliers generally works in the following way:

1. Enter your details – Tell us your postcode, current supplier, your estimated usage and whether you'd like to compare dual fuel, gas-only or electricity-only.

2. Compare tariffs – In less than a minute, you'll be able to see new energy deals compared with your current tariff. You'll also be able to check key facts like exit fees and tariff length, in an easy-to-read comparison table.

3. Switch your tariff – It's up to you to decide which deal's right for you. Until you select one and go through the sign-up process, there's no obligation to switch.

4. Leave the rest to your new supplier – Your new energy provider will sort everything out for you and your switch should be completed in less than three weeks. And don’t worry, your power won’t be cut off at any point. You'll also have a 14 day cooling-off period within this three-week period. That means you'll still have time to change your mind about your energy switch if you want to.

What details do I need to compare energy prices?

You'll need to tell us a few details so we can find your next energy deal:

  1. Where you currently live

    We’ll need your postcode and house number to make sure we’re switching the right home’s supply.

  2. Current supplier

    How you usually pay your bills and what tariff you’re on at the moment.

  3. How you receive your bills

    Online or through the post? There’s often an extra charge for paper billing.

  4. Your estimated usage

    Either by kWh or monthly cost.

  5. The type of energy you want to compare

    Gas-only, electricity-only, or dual fuel.

Which energy tariff is best for me?

Comparing energy prices is a great way to save money, but it can also be confusing. So here's what you need to know about the different types of energy deals you can choose from.

Standard variable tariff (SVT)

An SVT is your provider's default tariff and you'll automatically move to this when your deal ends. But it's usually the most expensive option, so if you think your energy bills are too high, it might be because you’re on an SVT and not getting the best deal. Chances are you could save money by comparing energy prices and switching to a new deal.

More about standard variable tariffs >

Fixed rate tariff

A fixed rate tariff will set your price for a certain length of time. The standing charge and amount you pay per unit of energy stays the same for the duration of the fixed rate deal, so your bills will only go up or down if you use more or less gas and electricity. It protects you from price increases, but you won't benefit if prices fall.

More about fixed rate tariffs >

Prepayment energy tariff

Prepayment energy tariffs use a prepaid meter in your home, which you'll have to top up. You usually do this with a card or key that you can load with credit online, over the phone, or in local shops.

More about prepayment energy tariffs >

Dual fuel tariff

Dual fuel tariffs cover your gas and electricity. You'll only have to deal with one supplier for both and it could work out cheaper than separate deals. That's not always the case though, so you might want to compare gas and electricity separately as well to get the cheapest energy you can.

More about dual fuel tariffs >

Green tariff

Green tariffs use renewable sources, so your energy is environmentally friendly. They won't always be the cheapest deals on offer though, so if price is your main concern they might not be the right product for you.

More about green energy tariffs >

Economy 7 tariffs

You'll pay two prices for your electricity on an Economy 7 tariff – one for night time and one for day. You'll need an Economy 7 meter that separately measures seven off-peak hours at night when energy is cheaper. The other 17 hours will be classed as peak time and more expensive.

More about economy 7 tariffs >

Covid-19 and managing your bills

It’s still possible to switch energy suppliers quickly and easily. But if you’re on a prepayment or economy meter, and want to switch to a standard meter, it might take longer to get your service up and running. That’s because if you’re self-isolating your new energy supplier won’t be able to install your meter, and they might be short on service staff. The same goes for smart meter installations.

Energy suppliers are also supporting vulnerable customers. For example, if you’re unable to top up your pre-payment meter because you’re isolating or struggling with your bills.

Find more information about support with your energy bills, finances and insurance during the coronavirus pandemic >

How to reduce your energy bills

The cheapest available dual fuel tariff is around £1,268 a year, according to Ofgem.[2] But how much your energy bills cost will depend on the amount you use and the price your supplier charges. Cut your costs with our top tips:

  1. Set your heating for the right time

    Don't leave the radiators on while no one's home. Drop the temperature by 1°C to save as much as £60 per year.

  2. Insulate your home

    Use draught excluders and thicker curtains to keep your home warm and cosy. You may also want to invest in double glazing.

  3. Switch unused appliances off

    Turn lights off and unplug appliances and chargers when they're not needed.

  4. Use energy efficient lightbulbs

    Replace Halogen bulbs with LEDs they use far less electricity and last longer.

  5. Wash clothes at a lower temperatures

    Your washing machine uses around 90% of its energy just heating water.

  6. Upgrade your appliances

    Newer appliances generally have better energy ratings.

  7. Measure smart

    Use a smart meter to keep an eye on how much energy you're using.

  8. Shop around

    When you come to the end of your energy deal, you get moved on to the standard tariff. It’s almost always the most expensive option. So put a reminder on your calendar of when your deal's coming to an end and comparing to see if you can save.

Energy suppliers we work with

Over the last six months, more of our customers switched to these providers than to others on our panel.

Page last reviewed: 17 March 2022

Next review due: 17 June 2022

[1]GoCompare has partnered with Energylinx, part of the GoCompare Group, to help you switch energy. Energylinx Limited is registered in Scotland, registration number: SC244794, registered office: the e Centre, Cooperage Way, Business Village, Alloa, FK10 3LP

[2]According to Ofgem, According to Ofgem, February 2022.. Infographic: Bills, prices and profits.