Economy Energy

Who are Economy Energy?

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Read more about Economy Energy's tariffs and contact details.

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Economy Energy are a Coventry-based supplier of gas and electricity, serving customers nationwide. According to Economy Energy, it has saved customers over £10 million on their gas and electricity bills.

Tariffs are available for dual fuel, single fuel and prepayment customers. Smart meters and business tariffs are also offered by Economy Energy.  

What tariffs does Economy Energy offer?

Tariff name

Tariff type*

Average bill value**

Exit fees***

Online Saver

 

Dual Fuel – Fixed

£844

 

£25/Fuel

Direct Saver v2

 

Dual Fuel – Fixed

£889

 

£25/Fuel

Direct Saver (Fixed)

 

Dual Fuel – Fixed

£891

 

£25/Fuel

Smart Saver

 

Dual Fuel – Fixed

£967

 

£25/Fuel

2 Year Saver

 

Duel Fuel – Fixed

£1,008

£30/Fuel

Smartpay

 

Prepayment – Fixed

£1,030

N/A

Value

 

Prepayment – Fixed

£1,047

N/A

Smartpay 2017 (v1)

 

Prepayment – Variable

£1,066

N/A

Evergreen

 

Prepayment – Variable

£1,066

N/A

Evergreen Direct Saver

Dual Fuel – Variable 

 

£1,212

 

N/A

Tariff information correct as of 14 August 2017  

*The range of gas and electricity tariffs includes standard variable rate, fixed rate, ‘green’ and prepayment deals. Click here to find out why we think fixed rate tariffs are worth checking out.

** The average bill is an average price of all 14 energy regions using the Ofgem medium usage of 3100kwh of electricity and 12500kwh of Gas, dual fuel and paying by monthly direct debit.

*** Exit fees are payable on some tariffs when you switch your energy provider before the end of your fixed term contract. Fees are typically £25 - £30 per fuel.

How can I contact Economy Energy?

Telephone: 03331039053. Lines are open between 8am and 8pm Monday to Friday, between 8am and 6pm on Saturday and between 8am and 4pm on Sunday.

Email:  web.enquiries@economyenergy.co.uk

What do I need to do if I want to change my current provider?

Changing your energy provider has never been easier. It only takes minutes to run a quote on our site, and within 17 days you could be up and running with your new supplier. Click here to run a price comparison.

Our video guide below explains how hassle-free the switching process is.

What happens if my energy supplier goes bust?

It is very rare for an energy supplier to go out of business, but it happened in 2016, with the collapse of GB Energy.

As happened then, any future collapse and its consequences would be managed by Ofgem, the energy market regulator. Thanks to Ofgem’s safety net, even if your supplier goes out of business, your gas and/or electricity supply will never be cut off or interrupted.

All UK energy suppliers are regulated by Ofgem.

In addition to guaranteeing continuity of supply, Ofgem works to move customers of a failed company to the best possible deal, with any debit/credit transferred to a new supplier that is chosen to inherit the business.

Read our Q&A on this topic here.


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