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Great Timing! Switch Your Gas and Electricity Rates Now to Save Money

Switch Electricity and Gas Rates
Switching electricity and gas tariffs can be facilitated by comparison portals. However, there are a few pitfalls to watch out for. Photo: Getty Images

June 16, 2025, 10:30 am | Read time: 3 minutes

Good news for all consumers: There are currently affordable rates for electricity and gas on the market. Customers still using basic service, in particular, can benefit now.

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Recently, consumers have often been unsettled due to highly fluctuating electricity and gas prices. However, the situation has now somewhat stabilized. For over a year, there have been significantly cheaper rates for gas and electricity. Therefore, it may be worthwhile to switch your gas and electricity tariff now. The consumer advice center reveals how much savings are possible and what to watch out for.

Switching Gas and Electricity Tariffs Pays Off

Currently, electricity and gas rates are at a lower level than they were some time ago. “Switching providers is therefore a good way to save money. Those still in the basic supply are paying an unnecessarily high electricity price of an average of 40 cents per kilowatt-hour,” explains Christina Wallraf, energy expert at the Consumer Advice Center NRW. A family of three still in the basic supply could save an average of 350 euros per year on electricity.

But even consumers who haven’t switched for a long time often pay too high a price. By changing their gas and electricity tariff, they can permanently reduce their costs.

New Customer Prices and Savings Potential

Many energy providers offer affordable rates below the basic supply prices. Currently, electricity prices start at around 28 cents per kilowatt-hour (Ct/kWh). Gas prices can be found starting at approximately 9 Ct/kWh.

Many municipal utilities also offer affordable rates alongside the basic supply. Consumers should compare market prices with their current contract prices and calculate their savings potential.

Also interesting: 9 Tips to Save Electricity Effectively at Home

Clarify Termination of Existing Contract

If you want to switch your gas and electricity tariff, it’s important to know the remaining term and notice period. If the contract was concluded before March 2022, special attention is required, as the tariff can automatically extend for another twelve months. If you are currently in the basic supply, the contract can be terminated at any time, considering the statutory two-week notice period.

Using Comparison Portals Correctly

Online comparison portals can be useful for finding the right electricity or gas tariff. It’s important to adjust the default settings of the comparison portal before making a tariff comparison. To display as many tariffs as possible, the filter “direct switching option via the portal” should be turned off. Recommendations from the comparison portal also unnecessarily limit the tariff selection.

Tip: For the contract term, the consumer advice center recommends a one-year term including a price guarantee.

More on the topic

What to Look for in a New Provider

Before signing a contract, you should conduct a brief internet search on the potential new provider. This way, you can find out if the provider has had negative incidents in the past. However, the consumer advice center warns against relying solely on other customers’ reviews on the comparison portal. Some providers that have already caused problems are listed at the top of the portals.

Switch and Save

“Switching providers can help reduce electricity and gas costs. You should compare current prices, check the contract terms, and choose a reputable provider. Comparison portals are an effective tool if used correctly. The consumer advice center offers checklists for recommended filter settings online.”

This article is a machine translation of the original German version of MYHOMEBOOK and has been reviewed for accuracy and quality by a native speaker. For feedback, please contact us at info@myhomebook.de.

Topics #AmazonHome #Solakon Electricity News
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