With automated switching, you shouldn't feel like you're losing control. By tailoring your Switchd settings you can personalise your Switchd experience!
Exit Fees
Most tariffs out there have an exit fee for leaving early. Our algorithm takes this cost into account, and no matter what, we won't switch you unless the exit fee cost is negated by the overall saving made over the year. If you're not comfortable with having to pay exit fees which usually are around £72, you can opt out and we will only switch you when your exit fees are waived, or if your tariff doesn't have them.
Minimum saving
Sometimes the saying, every little helps, doesn't apply. Switching constantly every minute there's a cheaper deal isn't how we approach auto switching and isn't worth the hassle. We will only switch you when we've found a deal that matches the saving you're happy to switch for. The default is set to £50, this is make sure our fees feel worth it. You can also use this setting if you are happy with your supplier, and we will only switch you away if you decide it's worth moving from that supplier if you can save more than £150 for example.
Green Energy
Have you recently become more conscious of the the environment, and are wanting to do your bit? You can do more than recycling. According to the UK Committee on Climate Change, 40% of UK carbon emissions come from household energy. We've got an option that allows you to only be switched to green tariffs. Sometimes Green Energy might be more expensive so this might be something you might want to keep in mind.
Non-standard/Seasonal direct debit policies
Energy companies rely on your annual usage figures to figure out an average monthly direct debit. We understand that your usage won't be evenly split over the year. Seasonal direct debits charge you slightly more over the winter season, and less to compensate in the warmer months. This won't suit everyone, but if your cash flow situation allows or you'd rather not build up as much debit/credit - you can opt in or out of these schemes.
Bad experience or don't like a supplier?
Under your settings you can explore the list of suppliers we offer, and opt out of any that you would rather not be switched to.
Sort by trust pilot star rating
You can also use experiences of others to decide whether a supplier is for you. We have built a setting that allows you to choose the minimum star rating. For some a cheaper energy tariff might mean more than longer phone queues to speak to suppliers, if not this setting might be for you.
Fixed tariff
You can choose whether you're happy to be switched to fixed or variable tariffs. A fixed tariff is a contractual relationship where you agree to the price of energy for a specific length of time, similar to a mobile phone contract, usually this is 1-2 years. Your prices won't fluctuate so are protected against the market. If you decide leave early, it would mean paying exit fees.
Variable tariff
A variable tariff on the other hand, has no end date. The rates of energy cost can be varied according to the wholesale market and economy. There is a possibility that prices will go down, but there is also a possibility prices will go up. With variable tariffs there are no exit fees, no end date, and no protection against the market.