MoneySavingExpert.com homepage
Cutting your costs, fighting your corner
Founder, Martin Lewis · Editor-in-Chief, Marcus Herbert
Search bar closed.
MSE News

Cheapest energy deal in 10 months launches – but it's from a brand new supplier

hero-homepage-piggy-bank-radiator-energy-heating.jpg
Andrew Capstick
Andrew Capstick
Energy & Utilities Editor
19 July 2019

New supplier Green has launched the cheapest energy deal in 10 months. 

For a typical household on gas and electric, Green's 'Oak' tariff costs £867/year on average. That makes it nearly £390/yr cheaper than a big six standard variable tariff – currently £1,254/yr – and it beats the next cheapest energy deal on the market by £6/yr on average for a typical user.

The tariff, which launched yesterday, is variable – meaning the rates could change at any time, though you'll get at least 30 days' notice and there are no exit fees if you switch away. What's more, as you'd expect from a supplier named Green, 100% of its electricity is renewable (though none of its gas is renewable or carbon-offset). 

However, Green only launched at the beginning of June, so we've no feedback on its customer service yet. 

Use our Cheap Energy Club to see how Green stacks up for you. 

Is it safe to go with a new supplier?

Many of you have told us that you worry about switching your energy to new or small providers, but it's the same gas, same electricity and same safety – no matter which firm you switch to – the only things that change are price and service.

If you're still concerned, check out our big name comparison to find the best deals from the largest players, or use our good service comparison for deals from providers you've told us do well 

However, if the worst were to happen, and your supplier runs into trouble, you're protected under energy regulator Ofgem's 'safety net' rules. This means your gas and electricity supply will continue and you'll get back any money you're owed, whether you're still with the supplier or not. 

MSE Forum

Cheapest energy deal in 10 months launches

Forum image
MSE Email icon 11 February 2025

For all the latest deals, guides and loopholes simply sign up today - it’s spam free!

Compare+ Home Insurance tool
Beat 19% price hikes
Stop overpaying on energy
Beat 6% April rise
Cheap medical insurance
Our five must-knows
30+ AI tools
To save time & hassle
Beat Microsoft price hike
Of up to £30 a year
Top 5% savings
Post base-rate cut
When will mortgages fall?
See lender-by-lender
Tools and calculators

Clever ways to calculate your finances

Find your odds of getting top cards
Find your odds for getting a cheap loan
Compare broadband, phone & TV deals
Compares thousands of mortgages
Eight calcs to help you work out the cost
We ensure you’re on the cheapest tariff