Budget Energy

Last Updated: June 2020

Budget Energy was founded in June 2011, they currently supply around 75,023 households, which represents a 9.2% share of the market. 90% of Budget Energy’s customers are on a top-up meter.

Cheapest Budget Energy credit meter electricity tariffs (based on average usage)

Cheapest TariffTermBonusesUnit Rate ex VATUnit Rate inc VATStanding Charge ex VATStanding Charge inc VATAnnual Cost
Bill Pay - Budget Bonanza12 months - £40 early exit feeN/A0.1343p0.141p0.0763p0.0801p£480.43

Tariffs correct as of 23 November 2020. Based on an average household usage of 3,200 kWh/year. If you are not paying by Direct Debit you may be required to pay a deposit. Calculations include any discounts/switching bonuses the supplier will award within 12 months. You may need to comply with special terms to achieve the maximum discount, for example pay by monthly Direct Debit and sign up for online billing.

Cheapest Budget Energy prepay electric tariffs (based on average usage)

Cheapest TariffTermBonusesUnit Rate ex VATUnit Rate inc VATStanding Charge ex VATStanding Charge inc VATAnnual Cost
Keypad Budget Bonus Summer Sizzler12 months - £40 early exit fee£30 Free Credit0.1523p0.16p0.0956p0.1003p£518.46

Tariffs correct as of 23 November 2020. Based on an average household usage of 3,200 kWh/year. Calculations include any discounts/switching bonuses the supplier will award within 12 months. You may need to comply with special terms to achieve the maximum discount.

You can compare all tariffs from all suppliers including Budget Energy using our free electricity comparison tool.

Additionally, Budget Energy also offers a Fixed Price prepay tariff – Budget Advantage which offers customers a £100 bonus. Dependent on your annual usage, this tariff may work out cheaper overall.

Use our free energy comparison tool for an individual quote. We'll cover all plans from all suppliers and help you find the best deal.

How green is Budget Energy?

Source: https://www.uregni.gov.uk/sites/uregni/files/media-files/Fuel%20Mix%20Disclosure%202018%20Publication.pdf

How do existing customers rate Budget Energy?

This supplier is rated highly by existing customers for service.

  • According to the consumer council's last available customer satisfaction survey, Budget Energy is the 2nd best supplier in terms of satisfaction at 71% and the 2nd most recommended supplier at 63%.
  • Which? Customers rate Budget Energy as second top electricity provider.

How can I contact Budget Energy?