Millions could now save £388 on their energy bills – and this tool does the hard work for you
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Households across the UK are facing yet another energy price hike this year – but many could now cut their bills by hundreds of pounds a year, simply by checking a new free comparison service.
Last month, the Ofgem energy price cap rose to £1,849 for a typical home, a 6.4% increase that will be felt by anyone paying by Direct Debit. Yet with wholesale costs falling behind the scenes, a growing number of suppliers are quietly offering fixed deals below the cap – and they’re not always easy to spot.
That’s where Switcheroo comes in. The service has already helped more than two million people find savings, and it works a little differently to traditional comparison sites. Rather than showing dozens of tariffs, it filters out anything that wouldn’t save you money and simply lists the cheapest deals based on your current usage.
There’s no fee, no commitment, and it takes just a few minutes to check.
Switcheroo compares rates from the UK’s biggest providers – including British Gas, EDF, Octopus, e.on and Scottish Power – and flags any tariff that comes in lower than your existing one. According to the company, the average saving is £388 a year.
Check your account balance: If you pay by Direct Debit, there’s a chance you’ve built up credit without realising — especially after a mild winter or energy-saving efforts.
What does “in credit” mean? You’ve paid more than you’ve used. That extra money is yours and can be refunded at any time, not just during annual reviews.
How to claim it back
- Log into your energy account or app
- Submit an up-to-date meter reading
- Request a refund directly online or by phone
How much could I get? According to Uswitch, the average household has around £206 in credit. Some suppliers will return this automatically — others won’t unless you ask.
While familiar sites such as Uswitch, MoneySuperMarket and Confused.com also offer switching tools, Switcheroo’s simplicity and focus on price-led savings are winning over users who want quick answers without digging through fine print.
With another price cap review due in the summer and competition returning to the energy market, now could be the ideal time to check what you’re paying.
It’s completely free to use – and you’ll only see options that are cheaper than what you’re paying right now. No guesswork, no wasted time.
FAQs
How do I know if I’m in credit with my energy supplier?
You can check your balance by logging into your account or contacting your supplier directly. You’re likely in credit if your payments have been higher than your usage.
Will I get my money back automatically?
Not always. While some suppliers refund large credits automatically, most wait until a yearly review. You can request it at any time by providing a meter reading.
Is switching energy supplier safe?
Yes, it’s protected by Ofgem and usually takes 2–3 weeks. Services like Switcheroo only show active, regulated tariffs and never charge a fee.
What’s the average saving with Switcheroo?
According to Switcheroo, users save an average of £388 a year – and you’ll only see deals that are cheaper than what you’re currently paying.
Finally, whether you’re sitting on a chunk of unused credit or stuck on a tariff that’s no longer competitive, now’s the time to act. A quick refund request could put real money back in your pocket — and with energy prices shifting again, switching to a better deal could boost your savings even further. With tools like Switcheroo doing the heavy lifting, there’s no reason to leave either option unchecked.