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Urgent warning for thousands of households on 274 energy tariffs who’ll pay £500 more – see the full list

OVER 1.5million households on hundreds of fixed energy deals will see their bills spike by £500 a year.

Households affected are customers of a range of firms such as Scottish Power, EDF, Octopus Energy, British Gas, Utility Warehouse, SSE and So Energy.

Hundreds of thousands of customers on fixed energy deals could now be paying substantially more than those on the standard variable tariff
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Hundreds of thousands of customers on fixed energy deals could now be paying substantially more than those on the standard variable tariffCredit: PA

Customers on fixed deals are locked into a set price for a certain period, but many don't realise that they got a discount from the government's Energy Price Guarantee.

This was intended to make sure that people who took out expensive fixed deals last year, didn't pay more than the 29million households on the standard variable tariff.

While the government is continuing to subsidise fixed energy bills after this date, it is doing so at a lower level.

This means that hundreds of thousands of customers on 247 fixed deals will end up paying substantially more than those who are now on a variable tariff which is protected by Ofgem's price cap.

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The average household on standard variable tariffs will pay no more than £2,074 a year, but those on a handful of fixed deals will end up paying hundreds of pounds more.

We've listed which fixed tariffs are affected by each energy supplier below and explained how to work out if you'd be better off switching to a variable tariff.

Customers wishing to exit a fixed energy tariff before its end date often face hefty exit fees which range between £50 and £400.

While British Gas, Octopus Energy and Utility Warehouse have told The Sun that they have ditched the penalty, saving customers anywhere between £50 and £400, other firms haven't.

EDF, Ovo, Scottish Power and Shell Energy have confirmed that exit fees will still be applicable to those wishing to leave their fixed energy deal.

Which British Gas tariffs are affected?

Customers on the following 29 British Gas tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • Fixed Price Jul 23v1 - ends 17/7/2023
  • Green Future Jul 23v2 - ends 17/7/2023
  • Fixed Jul 23v2 - ends 17/7/2023
  • Green Future July 23v3 - ends 23/7/2023
  • Fixed Jul 23v3 - ends 23/7/2023
  • Exclusive Jul 23v3 - ends 23/7/2023
  • Green Future Jul 2023 - ends 30/7/2023
  • Exclusive Fix Jul 23v1 - ends 31/7/2023
  • Loyalty Jul 23v1 - ends 31/7/2023
  • Green Future Jul 23v1 - ends 31/7/2023
  • Fixed Jul 23v1 - ends 31/7/2023
  • Exclusive Jul 23v2 - ends 31/7/2023
  • Exclusive Jul 23v1 - ends 31/7/2023
  • Fixed Aug 23v1 - ends 28/8/2023
  • Fixed Aug 23v3 - ends 31/8/2023
  • Fixed Aug 23v2 - ends 31/8/2023
  • Fixed Sep 23v4 - ends 30/9/2023
  • Fixed Sep 23v2 - ends 30/9/2023
  • Fixed Sep 23v1 - ends 30/9/2023
  • Green Future Oct23v1 - ends 28/10/2023
  • Fixed Oct 23v4 - ends 31/10/2023
  • Green Future Oct23v3 - ends 31/10/2023
  • Fixed Oct 23v1 - ends 31/10/2023
  • Exclusive Nov 23v2 - ends 30/11/2023
  • Exclusive Nov 23v1 - ends 30/11/2023
  • Green Future Dec 2023 - ends 31/12/2023
  • The Exclusive One v11 - ends 18/4/2024
  • The Green One v15 - ends 24/4/2024
  • The Fixed One v15 - ends 24/4/2024

Which Co-operative Energy tariffs are affected?

Customers on the following nine Co-operative Energy tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • 12M Fixed - ends 7/7/2023
  • Community Power 12M Fixed July 2022 v1 - ends 18/7/2023
  • 12M Fixed July 2022 v1 - ends 18/7/2023
  • Loyal 12M Fixed July 2022 v1 - ends 18/7/2023
  • 12M Fixed July 2022 v2 - ends 28/7/2023
  • Loyal 12M Fixed July 2022 v2 - ends 28/7/2023
  • Community Power 12M Fixed July 2022 v2 - ends 8/8/2023
  • Loyal 12M Fixed July 2022 v3 - ends 8/8/2023
  • Loyal 12M Fixed August 2022 v1 - ends 9/8/2023

Which E.ON Next tariffs are affected?

Customers on the following two E.ON Next tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • Next 2 Year v9 - ends 4/11/2023
  • Next 2 Year v16 - ends 19/2/2024

Which Ebico Living tariffs are affected?

Customers on the following two Ebico Living tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • Ebico Prime 12 Saver July 2022 v1 - ends 18/7/2023
  • Ebico Prime 12 Saver July 2022 v2 - ends 8/8/2023

Which Ecotricty tariffs are affected?

Customers on Ecotricty's Summer Fixed (J22) and Summer Fixed Gas (J22) tariff will pay more than the average household on the standard variable tariff.

But if you want to exit and switch from the fixed deal early you'll have to pay an exit fee.

This will set customers back to the tune of £400.

Which EDF Energy tariffs are affected?

Customers on the following 82 EDF Energy tariffs will pay more than the average household on the standard variable tariff.

They will also need to pay an exit fee between £0 and £300 if they choose to switch to one of the supplier's default tariffs:

  • Fix Total Service Jan24v12 - ends 1/1/2024 (£200 exit fee)
  • Fix Total Service Jan24v10 - ends 30/1/2024 (£300 exit fee)
  • Fix Total Service Jan24v7 - ends 30/1/2024 (£300 exit fee)
  • Fix Total Service Jan24v6 - ends 30/1/2024 (£300 exit fee)
  • Fix Total Service Jan24v8 - ends 31/1/2024 (£300 exit fee)
  • Easy Online+BoilerCareGold Jan24 - ends 31/1/2024 (£200 exit fee)
  • GoElectric Jan24 - ends 31/1/2024 (£60 exit fee)
  • Fix Total Service Jan24v4 - ends 31/1/2024 (£300 exit fee)
  • Fix Total Service Feb24 - ends 20/2/2024 (£200 exit fee)
  • Fix Total Service Feb24v2 - ends 20/2/2024 (£200 exit fee)
  • Easy Online + BoilerCareGold Feb24 - ends 27/2/2024 (£70 exit fee)
  • Easy Online+BoilerCareGold Feb24 - ends 29/2/2024 (£200 exit fee)
  • Fix Total Service Feb24v4 - ends 29/2/2024 (£200 exit fee)
  • Fix Total Service Feb24v3 - ends 29/2/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Feb24v3 - ends 29/2/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Feb24v2 - ends 29/2/2024 (£200 exit fee)
  • Fix Total Service Feb24v5 - ends 29/2/2024 (£200 exit fee)
  • Fix Total Service Mar24v5 - ends 22/3/2024 (£300 exit fee)
  • Easy Online+BoilerCareGold Mar24 - ends 22/3/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Mar24v4 - ends 23/3/2024 (£300 exit fee)
  • Fix Total Service Mar24v2 - ends 28/3/2024 (£200 exit fee)
  • Fix Total Service Mar24v4 - ends 31/3/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Mar24v3 - ends 31/3/2024 (£200 exit fee)
  • Fix Total Service Mar24v3 - ends 31/3/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Mar24v2 - ends 31/3/2024 (£200 exit fee)
  • More Together Apr24v2 - ends 5/4/2024 (£0 exit fee)
  • Fix Total Service Apr24 - ends 27/4/2024 (£300 exit fee)
  • Easy Online+BoilerCareGold Apr24 - ends 29/4/2024 150
  • GoElectric Apr24 - ends 29/4/2024 (£300 exit fee)
  • Fix Total Service Apr24v3 - ends 30/4/2024 (£150 exit fee)
  • Fix Total Service Apr24v4 - ends 30/4/2024 (£300 exit fee)
  • Easy Online+BoilerCareGold Apr24v2 - ends 30/4/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Apr24v3 - ends 30/4/2024 (£200 exit fee)
  • Fix Total Service Apr24v2 - ends 30/4/2024 (£300 exit fee)
  • Fix Total Service Apr24v5 - ends 30/4/2024 (£300 exit fee)
  • More Together Apr24 - ends 30/4/2024 (£0 exit fee)
  • More Together Apr24v3 - ends 30/4/2024 (£0 exit fee)
  • More Together Apr24v4 - ends 30/4/2024 (£0 exit fee)
  • GoElectric May24v2 - ends 5/5/2024 (£300 exit fee)
  • Fix Total Service May24 - ends 5/5/2024 (£300 exit fee)
  • Fix Total Service May24v3 - ends 5/5/2024 (£300 exit fee)
  • Fix Total Service May24v4 - ends 5/5/2024 (£300 exit fee)
  • GoElectric May24 - ends 20/5/2024 (£300 exit fee)
  • Fix Total Service May24v2 - ends 31/5/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold May24 - ends 31/5/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold May24v2 - ends 31/5/2024 (£300 exit fee)
  • Fix Total Service Jun24 - ends 17/6/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Jun24 - ends 17/6/2024 (£200 exit fee)
  • Fix Total Service Jun24v4 - ends 27/6/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Jun24v3 - ends 27/6/2024 (£200 exit fee)
  • Fix Total Service Jun24v5 - ends 30/6/2024 (£300 exit fee)
  • Fix Total Service Jun24v6 - ends 30/6/2024 (£300 exit fee)
  • Easy Online+BoilerCareGold Jun24v4 - ends 30/6/2024 (£300 exit fee)
  • Fix Total Service Jun24v2 - ends 30/6/2024 (£300 exit fee)
  • Fix Total Service Jun24v3 - ends 30/6/2024 (£300 exit fee)
  • Easy Online+BoilerCareGold Jun24v2 - ends 30/6/2024 (£300 exit fee)
  • GoElectric Exclusive Jun24v2 - ends 30/6/2024 (£0 exit fee)
  • GoElectric Exclusive Jun24 - ends 30/6/2024 (£300 exit fee)
  • Fix Total Service Jul24v5 - ends 31/7/2024 (£200 exit fee)
  • Fix Total Service Jul24v8 - ends 31/7/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Jul24v3 - ends 31/7/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Jul24v4 - ends 31/7/2024 (£200 exit fee)
  • Fix Total Service Jul24v2 - ends 31/7/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Jul24v2 - ends 31/7/2024 (£200 exit fee)
  • Fix Total Service Jul24 - ends 31/7/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Jul24 - ends 31/7/2024 (£200 exit fee)
  • Fix Total Service Jul24v3 - ends 31/7/2024 (£300 exit fee)
  • Fix Total Service Jul24v4 - ends 31/7/2024 (£300 exit fee)
  • Fix Total Service Jul24v6 - ends 31/7/2024 (£300 exit fee)
  • Fix Total Service Jul24v7 - ends 31/7/2024 (£300 exit fee)
  • GoElectric Jul24 - ends 31/7/2024 (£300 exit fee)
  • Fix Total Service Aug24v4 - ends 31/8/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Aug24v4 - ends 31/8/2024 (£200 exit fee)
  • Fix Total Service Aug24v3 - ends 31/8/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Aug24v3 - ends 31/8/2024 (£200 exit fee)
  • Fix Total Service Aug24v2 - ends 31/8/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Aug24v2 - ends 31/8/2024 (£200 exit fee)
  • Fix Total Service Aug24 - ends 31/8/2024 (£200 exit fee)
  • Easy Online+BoilerCareGold Aug24 - ends 31/8/2024 (£200 exit fee)
  • More Together Aug25v2 - ends 31/8/2025 (£0 exit fee)
  • More Together Aug25v3 - ends 31/8/2025 (£0 exit fee)

Which 100Green tariffs are affected?

Customers on the following five 100Green (Green Energy UK) tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • EKO Energy 2023 v9 2023 - ends 30/9/2023
  • EKO Energy V6 2023 - ends 30/9/2023
  • Sparkling V5 2023 - ends 30/9/2023
  • EKO Energy V5 2023 - ends 30/9/2023
  • Sparkling V4 2023 - ends 30/9/2023

Which London Power tariffs are affected?

Customers on the following five London Power tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • My london carbon neutral plan 12m fixed july 2022 v1 - ends 18/7/2023
  • My london tree plan 12m fixed july 2022 v2 - ends 8/8/2023
  • My london carbon neutral plan 12m fixed july 2022 v2 - ends 8/8/2023
  • My london tree plan 12m fixed august 2022 v1 - ends 9/8/2023
  • My london carbon neutral plan 12m fixed august 2022 v1 - ends 9/8/2023

Which M&S Energy tariffs are affected?

Customers on the following three M&S Energy tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • M&S 12M Fixed July 2022 v1 - ends 18/7/2023
  • M&S 12M Fixed July 2022 v2 - ends 8/8/2023
  • M&S 12M Fixed August 2022 v1 - ends 9/8/2023

Which Octopus Energy tariffs are affected?

Customers on the following 13 Octopus Energy tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • Super Green Octopus 12M Fixed July 2022 v1 - ends 18/7/2023
  • Arsenal Green 12M Fixed July 2022 v1 - ends 18/7/2023
  • Octopus 12M Fixed July 2022 v2 - ends 18/7/2023
  • Loyal Octopus 12M Fixed July 2022 v2 - ends 18/7/2023
  • Loyal Octopus 12M Fixed July 2022 v3 - ends 28/7/2023
  • Super Green Octopus 12M Fixed July 2022 v2 - ends 8/8/2023
  • Arsenal Green 12M Fixed July 2022 v2 - ends 8/8/2023
  • Octopus 12M Fixed July 2022 v3 - ends 8/8/2023
  • Loyal Octopus 12M Fixed July 2022 v4 - ends 8/8/2023
  • Super Green Octopus 12M Fixed August 2022 v1 - ends 9/8/2023
  • Arsenal Green 12M Fixed August 2022 v1 - ends 9/8/2023
  • Octopus 12M Fixed August 2022 v1 - ends 9/8/2023
  • Loyal Octopus 12M Fixed August 2022 v1 - ends 9/8/2023

Which Ovo Energy tariffs are affected?

Customers on the following 40 Ovo Energy tariffs will pay more than the average household on the standard variable tariff.

They will also need to pay an exit fee between £0 and £120 if they choose to switch to one of the supplier's default tariffs:

  • Better Smart 01 July 2022 - ends 5/7/2023 (£60 exit fee)
  • Better Energy 30 June 2022 - ends 5/7/2023 (£60 exit fee)
  • Better Smart 06 July 2022 - ends 6/7/2023 (£60 exit fee)
  • Better Smart 05 July 2022 - ends 6/7/2023 (£60 exit fee)
  • Better Smart 15 July 2022 - ends 15/7/2023 (£60 exit fee)
  • Better Energy 07 July 2022 - ends 18/7/2023 (£60 exit fee)
  • Better Smart 21 July 2022 - ends 21/7/2023 (£60 exit fee)
  • Better Smart 27 July 2022 - ends 27/7/2023 (£60 exit fee)
  • Better Energy 19 July 2022 - ends 27/7/2023 (£60 exit fee)
  • Better Smart 28 July 2022 - ends 28/7/2023 (£60 exit fee)
  • Better Energy 28 July 2022 - ends 4/8/2023 (£60 exit fee)
  • Better Energy 5 August 2022 - ends 10/8/2023 (£60 exit fee)
  • Better Smart 12 August 2022 - ends 12/8/2023 (£60 exit fee)
  • Better Energy 12 August 2022 - ends 16/8/2023 (£60 exit fee)
  • Better Smart 17 August 2022 - ends 17/8/2023 (£60 exit fee)
  • Better Smart 19 August 2022 - ends 19/8/2023 (£60 exit fee)
  • Better Energy 17 August 2022 - ends 19/8/2023 (£60 exit fee)
  • Better Smart 23 August 2022 - ends 23/8/2023 (£60 exit fee)
  • Better Energy 19 August 2022 - ends 23/8/2023 (£60 exit fee)
  • Better Smart 24 August 2022 - ends 24/8/2023 (£60 exit fee)
  • OVO 2 Year Fixed Energy 07 October 2021 - ends 10/10/2023 (£60 exit fee)
  • OVO 2 Year Fixed Energy 11 January 2022 - ends 18/11/2023 (£60 exit fee)
  • OVO 3 Year Fixed Energy 23 December 2021 - ends 11/5/2024 (£0 exit fee)
  • 2 Year Fixed 25 May 2022 - ends 16/6/2024 (£120 exit fee)
  • 2 Year Fixed 16 June 2022 - ends 17/6/2024 (£120 exit fee)
  • 2 Year Fixed 17 June 2022 - ends 20/6/2024 (£120 exit fee)
  • 2 Year Fixed 21 June 2022 - ends 24/6/2024 (£120 exit fee)
  • 2 Year Fixed 24 June 2022 - ends 30/6/2024 (£120 exit fee)
  • 2 Year Fixed 30 June 2022 - ends 1/7/2024 (£120 exit fee)
  • 2 Year Fixed 01 July 2022 - ends 5/7/2024 (£120 exit fee)
  • 2 Year Fixed 06 July 2022 - ends 6/7/2024 (£120 exit fee)
  • 2 Year Fixed 05 July 2022 - ends 6/7/2024 (£120 exit fee)
  • 2 Year Fixed 15 July 2022 - ends 15/7/2024 (£120 exit fee)
  • 2 Year Fixed 21 July 2022 - ends 21/7/2024 (£120 exit fee)
  • 2 Year Fixed 27 July 2022 - ends 27/7/2024 (£120 exit fee)
  • 2 Year Fixed 28 July 2022 - ends 28/7/2024 (£120 exit fee)
  • 2 Year Fixed 12 August 2022 - ends 12/8/2024 (£120 exit fee)
  • 2 Year Fixed 17 August 2022 - ends 17/8/2024 (£120 exit fee)
  • 2 Year Fixed 19 August 2022 - ends 19/8/2024 (£120 exit fee)
  • 2 Year Fixed 23 August 2022 - ends 23/8/2024 (£120 exit fee)

Which Sainsbury's Energy tariffs are affected?

Customers on the following two Sainsbury's Energy tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • Sainsbury's Energy 2 Year Fix and Reward v22 - ends 4/11/2023
  • 2 Year Fix and Reward v27 - ends 19/2/2024

Which Scottish Power tariffs are affected?

Customers on the following 41 Scottish Power tariffs will pay more than the average household on the standard variable tariff.

They will also need to pay an exit fee between £0 and £300 if they choose to switch to one of the supplier's default tariffs:

  • Green Flexi August 2023 M2 - ends 16/8/2023 (£300 exit fee)
  • Green Flexi August 2023 FM2 - ends 31/8/2023 (£300 exit fee)
  • Green Flexi August 2023 M1 - ends 31/8/2023 (£300 exit fee)
  • Green Flexi August 2023 FM1 - ends 31/8/2023 (£300 exit fee)
  • Help Beat Cancer Green Flexi SR October 2023 DM1 - ends 30/10/2023 (£300 exit fee)
  • Help Beat Cancer Green Flexi SR October 2023 DM1 Online - ends 30/10/2023 (£300 exit fee)
  • Help Beat Cancer Green Flexi October 2023 CM1 - ends 31/10/2023 (£300 exit fee)
  • Help Beat Cancer Green Flexi October 2023 CM1 Online - ends 31/10/2023 (£300 exit fee)
  • Green Flexi October 2023 FM1 - ends 31/10/2023 (£300 exit fee)
  • Fixed Price January 2024 YM1 - ends 31/1/2024 (£60 exit fee)
  • Fixed Price January 2024 YM1 Online - ends 31/1/2024 (£60 exit fee)
  • Fixed Price April 2024 YM1 - ends 30/4/2024 (£60 exit fee)
  • Fixed Price April 2024 YM1 Online - ends 30/4/2024 (£60 exit fee)
  • Fixed Price April 2024 YE1 - ends 30/4/2024 (£60 exit fee)
  • Help Beat Cancer Fixed May 2024 CM1 - ends 30/5/2024 (£60 exit fee)
  • Help Beat Cancer Fixed May 2024 CM1 Online - ends 30/5/2024 (£60 exit fee)
  • Help Beat Cancer Green Fixed May 2024 CM3 - ends 31/5/2024 (£200 exit fee)
  • Help Beat Cancer Green Fixed May 2024 CM3 Online - ends 31/5/2024 (£200 exit fee)
  • Help Beat Cancer Green Fixed SR May 2024 DM3 - ends 31/5/2024 (£200 exit fee)
  • Help Beat Cancer Green Fixed SR May 2024 DM3 Online - ends 31/5/2024 (£200 exit fee)
  • Green Fixed May 2024 EM3 - ends 31/5/2024 (£200 exit fee)
  • Help Beat Cancer Green Fixed May 2024 CM2 - ends 31/5/2024 (£200 exit fee)
  • Help Beat Cancer Green Fixed May 2024 CM2 Online - ends 31/5/2024 (£200 exit fee)
  • Help Beat Cancer Green Fixed SR May 2024 DM2 - ends 31/5/2024 (£200 exit fee)
  • Help Beat Cancer Green Fixed SR May 2024 DM2 Online - ends 31/5/2024 (£200 exit fee)
  • Green Fixed May 2024 EM2 - ends 31/5/2024 (£200 exit fee)
  • Help Beat Cancer Green Fixed May 2024 CM1 - ends 31/5/2024 (£0 exit fee)
  • Help Beat Cancer Green Fixed May 2024 CM1 Online - ends 31/5/2024 (£0 exit fee)
  • Green Fixed May 2024 EM1 - ends 31/5/2024 (£0 exit fee)
  • Help Beat Cancer Green Fixed Price July 2024 YM1 - ends 31/7/2024 (£60 exit fee)
  • Help Beat Cancer Green Fixed Price July 2024 YM1 Online - ends 31/7/2024 (£60 exit fee)
  • Help Beat Cancer Green Flexi August 2024 CM1 Online - ends 5/8/2024 (£300 exit fee)
  • Help Beat Cancer Green Flexi August 2024 CM2 - ends 31/8/2024 (£300 exit fee)
  • Help Beat Cancer Green Flexi August 2024 CM2 Online - ends 31/8/2024 (£300 exit fee)
  • Help Beat Cancer Green Flexi SR August 2024 DM2 - ends 31/8/2024 (£300 exit fee)
  • Help Beat Cancer Green Flexi SR August 2024 DM2 Online - ends 31/8/2024 (£300 exit fee)
  • Green Flexi August 2024 EM2 - ends 31/8/2024 (£300 exit fee)
  • Help Beat Cancer Green Flexi SR August 2024 DM1 - ends 31/8/2024 (£300 exit fee)
  • Help Beat Cancer Green Flexi SR August 2024 DM1 Online - ends 31/8/2024 (£300 exit fee)
  • Help Beat Cancer Green Flexi August 2024 CM1 - ends 31/8/2024 (£300 exit fee)
  • Green Flexi August 2024 EM1 - ends 31/8/2024 (£300 exit fee)

Which Shell Energy tariffs are affected?

Customers on the following two Shell Energy tariffs will pay more than the average household on the standard variable tariff.

They will also need to pay an exit fee of £150 if they choose to switch to one of the supplier's default tariffs:

  • Energy July 2024 - ends 31/7/2024 (£150 exit fee)
  • EPG Energy July 2024 - ends 31/7/2024 (£150 exit fee)

Which So Energy tariffs are affected?

Customers on the following 16 So Energy tariffs will pay more than the average household on the standard variable tariff.

They will also need to pay an exit fee between £60 and £120 if they choose to switch to one of the supplier's default tariffs:

  • So Coconut Two Year Green - ends 30/9/2023 (£60 exit fee)
  • So Geranium Two Year - ends 17/12/2023 (£80 exit fee)
  • So Ginger Two Year - ends 22/12/2023 (£80 exit fee)
  • So Gooseberry Two Year - ends 4/1/2024 (£80 exit fee)
  • So Gooseberry Two Year Green - ends 10/1/2024 (£80 exit fee)
  • So Gooseberry Two Year Loyalty Green - ends 10/1/2024 (£80 exit fee)
  • So Ginger Two Year Green - ends 12/1/2024 (£80 exit fee)
  • So Grape Two Year - ends 12/1/2024 (£80 exit fee)
  • So Grape Two Year Loyalty Green - ends 12/1/2024 (£80 exit fee)
  • So Guava Two Year - ends 26/1/2024 (£80 exit fee)
  • So Grape Two Year Green - ends 7/2/2024 (£80 exit fee)
  • So Heather Two Year Green - ends 28/2/2024 (£80 exit fee)
  • So Guava Two Year Green - ends 28/2/2024 (£80 exit fee)
  • So Guava Two Year Earlybird Green - ends 28/2/2024 (£80 exit fee)
  • So Hibiscus Two Year - ends 13/6/2024 (£120 exit fee)
  • So Hibiscus Two Year Green - ends 16/6/2024 (£120 exit fee)

Which SSE tariffs are affected?

Customers on the following 13 SSE tariffs will pay more than the average household on the standard variable tariff.

They will also need to pay an exit fee between £60 and £120 if they choose to switch to one of the supplier's default tariffs:

  • 1 Year Fixed v29 - ends 5/7/2023 (£60 exit fee)
  • 1 Year Fixed v31 - ends 18/7/2023 (£60 exit fee)
  • 1 Year Fixed v32 - ends 2/8/2023 (£60 exit fee)
  • 1 Year Fixed v33 - ends 8/8/2023 (£60 exit fee)
  • 1 Year Fixed v34 - ends 17/8/2023 (£60 exit fee)
  • 2 Year Fix v11 - ends 21/11/2023 (£60 exit fee)
  • 2 Year Fix v16 - ends 23/6/2024 (£60 exit fee)
  • 2 Year Fix v17 - ends 30/6/2024 (£60 exit fee)
  • 2 Year Fix v18 - ends 5/7/2024 (£60 exit fee)
  • 2 Year Fix v19 - ends 6/7/2024 (£60 exit fee)
  • 2 Year Fix v20 - ends 14/7/2024 (£60 exit fee)
  • 3 Year Fixed v5 - ends 10/1/2025 (£120 exit fee)
  • 3 Year Fixed v6 - ends 13/1/2025 (£120 exit fee)

Which Together Energy tariffs are affected?

Customers on the following two Together Energy tariffs will pay more than the average household on the standard variable tariff.

They will also need to pay an exit fee of £150 if they choose to switch to one of the supplier's default tariffs:

  • Green Together 25 November23 v1 - ends 2/11/2023 (£150 exit fee)
  • Green Together 25 January24 v2 - ends 15/1/2024 (£150 exit fee)

Which Utility Warehouse tariffs are affected?

Customers on the following eight Utility Warehouse tariffs will pay more than the average household on the standard variable tariff.

However, they don't need to pay an exit fee if they choose to switch to one of the supplier's default tariffs:

  • Green Fixed 31 - ends 7/7/2023
  • Green Fixed 32 - ends 15/7/2023
  • Green Fixed 33 - ends 5/8/2023
  • Green Fixed 34 - ends 11/8/2023
  • Green Fixed 35 - ends 18/8/2023
  • Green Fixed 37 - ends 26/8/2023
  • Green Fixed 39 - ends 31/8/2023
  • Green Fixed 38 - ends 31/8/2023

Should I leave my fix?

This depends on how much your unit rates and standing charges have risen - but you'll also need to factor in any exit fees.

Since July 1, customers on the SVT tariff, which is protected by Ofgem's price cap, pay the following typical rates:

  • 7.51p per kilowatt hour (p/kWh) for gas
  • 30.11p/kWh for electricity
  • A standing charge of 29.11p per day for gas
  • A standing charge of 52.97p per day for electricity

It means that a household with typical usage can expect to pay £2,073.98 a year.

If your rates and/or standing charges have risen above this level, it could be worth exiting your current fix.

However, if you need to pay a hefty exit fee, you'll need to take this number into account when working out any potential savings from ditching your fix.

How do I calculate my bill?

To calculate how much you pay on your current fix, you will need to find out both your unit rate for gas and electricity and the standing charge for each fuel type.

The unit rate will usually be shown on your bill in p/kWh.

The standing charge is a daily charge that is paid 365 days of the year - irrespective of whether or not you use any gas or electricity.

You will then need to note down your own annual energy usage from a previous bill.

Once you have these details you can work out your gas and electricity costs separately.

Multiply your usage in kWh by the unit rate cost in p/kWh for the corresponding fuel type - this will give you your usage costs.

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You'll then need to multiply each standing charge by 365 and add this figure to the totals for your usage - this will then give you your annual costs.

Divide this figure by 12 and you'll be able to work out how much you should expect to pay each month from July 1.

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