Exit Fee Break-even — Is It Worth Paying to Switch?

Frequently asked questions

What is an exit fee?

An exit fee (or early exit fee) is a charge some suppliers apply if you leave a fixed contract before it ends. The amount is usually in your contract terms and can be per fuel (e.g. £50 per fuel).

When can I switch without paying an exit fee?

You can usually switch without an exit fee during your renewal window—often the last 30, 60, 90 or 120 days of your contract, depending on your supplier. Your contract or supplier can confirm the exact period.

Should I always wait to avoid the exit fee?

Not necessarily. If the saving you expect from a new deal is large enough, you may recoup the exit fee in a few months and still be better off overall. The break-even tool helps you compare.

Where do I find my exit fee?

It's in your contract or the terms you received when you signed up. You can also check your online account or contact your supplier. The fee is often expressed as a amount per fuel.

What if my expected saving is only an estimate?

The result is based on the figures you enter. If your actual saving is different, the break-even period will change. Use quotes from a comparison site or supplier to get a realistic estimate.

Does the tool guarantee I'll save money?

No. The tool shows how long it would take to recover the exit fee based on your inputs. Whether you actually save depends on the deals available, your usage, and how long you stay on the new tariff.