Payment Energy Plans: Is it worth paying upfront?

Guide to Advanced Payment Plans

What’s in this guide?


Advanced payment energy plans are some of the least known on the market, but they could also be some of the cheapest.


This guide will tell you everything you need to know about advanced payment energy plans, including what they are and whether they are right for you.

What is an advanced payment energy plan?

So what exactly is an advanced payment energy plan?

They allow you to pay advanced energy bills as the name suggests, but this can also mean guaranteed discounts on your energy!

This is usually a payment plan that is only offered by a few energy suppliers, so you may have to shop around to find the right one.

Typically, you’ll have a discount of around 5% of the total energy you have used, which means significant savings that remain as a credit in your account.

‘Credit’ is when your energy supplier owes you – often, you can use this amount against your next bill or in winter, when energy is more expensive.

How can it benefit me?

Advanced energy payment plans can benefit you in several ways.

Firstly by understanding how much you will be paying for your energy, you can create a better budget to see what you’ll need to save up and how long it will last.

Secondly, the discount that you receive could be as much as 5% of your total bill, which means for instance for every £500 you spend on your energy, you will save £25.

Thirdly, thanks to the fact that you pay advanced prices you will receive your discount instantly!

Advanced payment energy plan pros

✔ Know how much you need to invest in your energy with the advanced payment plans
✔ Easier to budget
✔ Benefit from a useful discount
✔ Have guaranteed discounts

Advanced payment energy plan cons

✗ Although you will get a discount, it’s on the standard rate so it will vary
✗ Most suppliers do not have the policy to reimburse your credit if you switch to another supplier

Other payment options

  • Fixed monthly direct debit
  • Variable monthly direct debit
  • Quarterly direct debit
  • On receipt of bill

Why compare?

So why compare electricity and gas prices instead of switching to the first supplier you see?

Many different suppliers will broadcast the best features of their tariffs, who wouldn’t?

However, sometimes this doesn’t specify everything you need to know about the company.

How to compare

First, what it is that you want the most in your supplier? Like customer ratings or range of services.

Now, you need to have some information to hand.

This will make it a lot easier to compare electricity and gas tariffs.

  • Your location
  • Annual consumption or spend
  • The size of your home
  • Email
  • Phone number

Then, use a reliable energy switching website which can show you the latest deals in under 60 seconds.


Are you ready to compare energy suppliers?

Did you know that you could be saving over £200 annually on your energy bills every year?

Take a look at the EnergySeek guides to find out more about your energy, or see reviews of the top 7 energy switching sites to compare gas & electricity.