Tonik Energy is an energy provider, based in Birmingham, which aims to provide cheaper energy for its customers by using high-tech meters and appliances to give customers more control of how much energy they use on a daily basis.
Tonik’s goal is to cut energy bills by 50% by 2022, using smart technology to deliver affordable and sustainable energy to their customers’ homes.
What tariffs does Tonik Energy offer?
Average bill value**
Tariff information correct as of 23rd May 2017
*The range of gas and electricity tariffs includes standard variable rate, fixed rate, 'green' and prepayment deals. Find out more on 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 on a dual fuel (gas and electricity) tariff, paying by monthly direct debit. Prices correct at time of publishing.
***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 to contact Tonik Energy
Facebook: Tonik Energy
What do I need to do if I want to change my current provider?
Changing your energy provider has never been easier. It takes just minutes to run a quote on our site, and within 17 days you could be up and running with your new supplier. You can run an energy price comparison here.
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.