Stay one step ahead of energy prices with Tracker Tariff
Stay below the Energy Price Cap – guaranteed. Our tracker tariff moves with the Ofgem Energy Price Cap but makes sure you always stay below it.
What is a Tracker Tariff?
Not ready to lock in a rate, but don’t want to leave it all up to chance either? We got you.
Our Tracker Tariff follows the Ofgem Energy Price Cap and gives you a guaranteed discount below the cap for your full 12-month term.
If the Price Cap falls, your rates fall too, so you pay even less. If it rises, your rate always stays below the Price Cap for the length of your tariff.
Your discount increases as you take more services with us.
How does tracker tariff work
We review your prices every quarter based on Ofgem's Energy Price Cap updates.
If the Ofgem price cap... | Your Tracker Tariff... |
|---|---|
Goes up | Your rate will rise – but you'll always pay less than that quarter's Price Cap |
Goes down | Your rate will fall automatically, keeping your guaranteed discount below the Price Cap and putting more money back in your pocket |
Stays the same | Your rate will stay the same, with the same guaranteed discount below the Price Cap |
Remember, what you pay each quarter also depends on how much energy you use. Your guaranteed discount applies to your rates, not your total bill.
Why choose our Utility Warehouse Tracker Tariffs?
Always below the Price Cap
Whether the market moves up or down, you’ll always beat the rate set by the Price Cap.
Flexibility with a safety net
Benefit from price drops, with a guaranteed discount against the Price Cap cushioning you from price rises.
Bigger value together
Add more services – mobile, broadband, insurance – and your Tracker Tariff discount against the Price Cap gets bigger.
Your Tracker Tariff options
UW Tracker Start
Get a guaranteed discount below the Price Cap
For energy only
Available to new and existing customers
Contract length: up to 12 months
UW Tracker Plus
A bigger discount below the Price Cap
Unlock by adding another service
Available to new and existing customers
Contract length: up to 12 months
UW Tracker Saver
Our biggest discount below the Price Cap
Available with 3+ eligible services
Cheapest Tracker Tariff option
Available to new and existing customers
Contract length: up to 12 months
Which energy tariff is best for you
Flexibility, certainty, a bit of both, or lower EV charging costs – see how our tariffs compare and find your fit.
Tracker
A guaranteed discount below the Price Cap
Stay flexible with a discount built in. Benefit when prices drop, and always pay below the Price Cap.
Fixed
Fix your tariff for peace of mind
Lock in your rates and protect yourself against energy price hikes for a whole year. No stress, no surprises.
Variable
Enjoy full flexibility with Variable Tariff
Move up or down with the market, with complete freedom to change your mind anytime
EV
Save on overnight EV charging
Enjoy cheaper electricity rates for overnight EV charging, between midnight and early morning hours.
What you need to know | Tracker | Fixed | Variable | EV |
|---|---|---|---|---|
Price stability | Reviewed every 3 months, but guaranteed to stay below the price cap for up to 12 months. | Rates fixed for up to 12 months | Prices move with the market and energy Price Cap | Lower overnight charging rates |
Benefit if prices fall | Yes | No | Yes | Yes |
Exit fees | Yes | Yes | No | No |
Smart meter required* | Yes | Yes | No, but recommended to maximise savings. | Yes |
Best for | If you want flexibility with a guaranteed discount below the Price Cap | If you want price certainty and peace of mind | If you want complete flexibility. | EV owners charging overnight |
* Need a smart meter? Existing customers can book one via our Smart Meter page. New customers can book one during sign-up.
Is a Tracker Tariff right for you?
It gives you more flexibility than a Fixed Tariff, and more certainty than a Variable — because your discount below the Price Cap is guaranteed. If you want to stay below the Price Cap without locking into a fixed rate for the whole term, this is the best of both worlds.
And only with Utility Warehouse, you can unlock one of our biggest discounts below the Price Cap by adding more home services — broadband, mobile, insurance. All in one place, one bill.
Switching to Tracker Tariff is simple
Step 1
Get a quote and compare prices
Step 2
Choose the Tracker Tariff plan
Step 3
We’ll handle the switch for you
Step 4
Start tracking below the Price Cap
FAQs
A Tracker Tariff follows the Ofgem Energy Price Cap while giving you a guaranteed discount below the equivalent Price Cap rates. Your rates are reviewed every quarter when Ofgem updates the Price Cap, and your guaranteed discount stays the same throughout your 12-month tariff term.
The Ofgem Price Cap is the maximum unit rate and standing charge that energy suppliers in the UK can charge on variable tariffs. It's set by the energy regulator, Ofgem, and reviewed every quarter. It doesn't cap your total bill – that's based on your energy usage – but it limits how much you can be charged per unit of energy used.
No – that's the guarantee. Whatever Ofgem announces each quarter, your rates will always stay below the price cap. They may rise if the cap rises, but never above it.
Your rates are reviewed four times a year in January, April, July and October – in line with Ofgem's Price Cap updates. Between reviews, your rate stays the same.
Yes – there's a per-fuel exit fee if you leave before your 12-month term ends. However, no exit fee applies if you're within the first 14 days or the last 49 days of your term.
Yes – standing charges can change quarterly in line with Ofgem's Price Cap updates. But your guaranteed discount always applies, so you'll always pay less than the cap rate.
It depends on what you're after. A Fixed tariff locks in your exact rate for 12 months. Full protection if prices rise, but you won't benefit if they fall. The Tracker keeps you below the Price Cap and lets you benefit from any drops – but if the cap rises, your rates will too. If you're unsure where the market's heading, the two are worth comparing.
At the end of your term, you'll automatically move onto our Standard Variable Tariff. We'll contact you before that happens so you have plenty of time to review your options.
Yes – if the Ofgem Price Cap drops, your rates will automatically drop with it. You don’t need to do anything.
The Tracker could suit you if you want a guaranteed discount below the Price Cap without committing to a fixed rate – and you're comfortable with rates that can move quarterly in line with Ofgem's updates.
The difference is your discount amount, which is based on how many eligible Utility Warehouse home services you have. The more services you take, the bigger your discount below the Price Cap. If you add a service after signing up, your discount automatically moves up to the next tier. Equally, if you remove a service after signing up, your discount automatically moves down to the next tier.
That depends on how many eligible Utility Warehouse home services you have. Get a quote and find out.
We won't write to you each time your rates change, but your latest rates are always published on our website. You can find them here.