The Best Energy Suppliers For Winter: Insights From Martin Lewis 

Winter is near and householders are looking for cheaper and efficient energy suppliers to save their pockets. We have around 22 energy suppliers in the UK, and it is difficult to pick just one from the list. 

Martin Lewis from MoneySavingExpert has come up with a list of the best deals currently available, and he has proposed various solutions to cut down costs. Let’s get into the details. 

How To Find The Best Energy Suppliers In the UK? 

The energy market is highly competitive in the UK. The price cap changes every three months with companies changing offers and deals regularly, making it difficult to stick to a single provider for the long term. 

There were around 70 energy suppliers in 2018, and the rise of wholesale energy prices led to the shutdown of many, experts opine that another price hike will happen soon. 

The ongoing climate crisis and various other factors have made the energy of Great Britain a complex terrain. The recent 10% increase in the price cap for October, November, and December, had led to public debates. 

More and more people in the UK now are concerned about their energy bills, and with the expert opinions and insights of people like Martin Lewis, we can hope that households tackle these issues with ease. 

Cheapest Energy Deals in the UK for Winter

Here is a list of the cheapest energy deals according to Martin Lewis. Keep in mind that the cheapest always doesn’t mean that they are the best. Most of the cheapest energy providers have conditions that sometimes we can’t keep up with. 

  • Ovo Energy: Ovo Energy has a 1 year fixed plan for both new and existing customers.  The average cost is 14.6% less compared with the October Price cap and exit fees. However, the users must take boiler cover for 1 year which costs around £180 for 12 months. It is available as duel-fuel only with an exit fee of £100. 
  • Utility Warehouse: They offer multiple plans with 9.0% and 5.5% less than the price cap. With a 9% plan, you have to take at least two additional services. With a 5% plan, you need to purchase at least one other service. 
  • Ebico Living: It offers a deal with a low standing charges tariff, which is good for households that use less energy. Although the unit rates are high, the average annual standing charges are much cheaper than other providers. 

Best One-Year Energy Deals According to Martin Lewis 

Here is a list by Martin Lewis for top one-year deals. In the bracket of each provider, we have included the reduction in the average cost compared with the current price cap and exit fees. Also, note that the deals are time-limited and space-limited. The rates change according to the time and your geographical location. Also, some of the offers may not be active in your locality. 

  • Outfox the Market (8.8% less): Users should pay by direct debit, and it is available as duel fuel only. Both new and existing customers can avail of this offer. 
  • Ovo Energy (5.8% less): With this offer, existing customers can add on a free boiler service for annual terms. It is also available as duel-fuel and electricity, and you must pay with direct debit.  An exciting offer for new customers is that they get around £20 cashback via the Cheap Energy Club. 
  • E.on Next (5.6% less & 4.5% less):  Here also, the new customers get around £20 cashback via the Cheap Energy Club. The customers must be willing to install smart meters and is available as electricity and duel-fuel only. 
  • So Energy (5.55 less): This provider has paperless billing and smart meters are not required. New and old customers can join this deal, and the power is available as electricity and duel-fuel. 
  • Octopus Energy (5.3% less): There are no exit fees for this deal by Octopus Energy. You can always exit if you have any issues. Smart meters are not mandatory, and it is available as electricity, duel-fuel, and gas. 
  • British Gas (5.2% less):  This deal can be availed with dual-fuel, electricity-only or gas-only, and the smart meters are not required.
  • EDF Energy (4.3% less): Smart meters are required, and the payment is available in direct debit or on receipts by smart prepay. 
  • Sainsbury’s Energy (3.4% less): It is available as duel-fuel or electricity-only, and smart meters are mandatory. 
  • Scottish Power (3.0% less): According to the network condition, social and environmental characteristics, and other external factors, the cost of the deal may vary. Another thing is that the Scottish Power donates a portion of your tariff to the Cancer Research UK on your behalf. 

Concluding Thoughts 

These are some of the insights given by Martin Lewis through his MoneySavingExpert venture. Pardon us if we have made any mistakes while analyzing his list. 

Subscribe to our newsletter for more news and valuable insights regarding energy, crypto, and tech. Finally, do your research and try to gain a deeper understanding of various energy providers to choose one wisely. 

Energy Price Comparison in the United Kingdom

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