Switch to Bulb energy and get £50 credit. If like us, you have already made the switch to an fully electric car then you want to buy your electricity at the best possible prices just like you'd watch the Petrol Or Diesel prices of you old motor. If you haven't yet made the switch with your car, you can still save on your electricity and gas tariffs.
Bulb is a relatively new renewable energy supplier. Normally renewables tend to be more expensive but the people at Bulb have changed that. Offering just one single low-cost tariff for electricity and gas, they have made it their mission to provide customers competitive prices and great service.
‘Bulb’ is one of the newest providers on the energy block. It has a rather unique selling point, it promises to provide renewable energy at an affordable price. Bulb was launched May 2016, and offers one tariff, which is available for dual fuel customers, those who use both gas and electricity and to electricity only households.
The Bulb energy tariff is available UK-wide, although sadly not for prepayment customers, that's those who pay for their energy on a pay-as-you-go basis via a top-up meter. The one tariff move follows a growing trend of independent energy providers popping up in the past few years to challenge the dominance of the Big Six – British Gas, EDF, Eon, Npower, Scottish Power, and SSE.
What About Tariff Price?
Bulb comes out second cheapest for the average dual fuel user compared to other green energy providers but only by £1, factor in the £50 free account credit and it's £49 cheaper. It’s also £280 cheaper than the average Big Six provider. However, the tariff is variable, meaning the price can fluctuate at any time. Even if you not interested in being green with the account credit they are still cheaper. When you join Bulb you get a referral code the means you can share it with your friends and family and each time someone completes a switch you get £50 and so do they. The potential for free electricity is vast.
Calculations below are for an average dual fuel user paying by monthly direct debit. Average usage as defined as 12,500 kWh pa of gas and 3,100 kWh pa of electricity. Based on average Big Six bill for standard variable customers paying by monthly direct debit.
|How Bulb compares for an average dual fuel user|
|Tariff type||Price per year (i)|
|Big Six energy tariff||£1,135|
|Cheapest green tariff on market||£854|
|Cheapest tariff on entire market||£830|
Savings by switching to Bulb: £280 compared to Bix Six, but you lose out on £15 compared to the cheapest on the market. correct as of 17 November 2017.
Calculations for an average dual fuel user paying by monthly direct debit. Average usage as defined as 12,500 kWh pa of gas and 3,100 kWh pa of electricity. Based on average Big Six bill for standard variable customers paying by monthly direct debit.
So should I switch to Bulb?
Well If you want a green tariff and are happy to take the risk of not being on a fixed tariff then Bulb could a choice. If you have not switched you are likely to save around £200-£300 a year switching to Bulb. Don't forget to factory in the free £50 from our link. It’s vital to remember that the price you pay for energy depends on where you live and how much you use, so always do a comparison to find out what’s cheapest for you.
Give it a go, get a quote today, they even offer to pay your exit fees if you are with another suppler. They paid our exit fees within hours of us sending our final bill from our previous supplier to them. How fast is that for customer service?