How to switch your electricity contract 2026 — step-by-step guide
Switching your electricity contract is one of the simplest financial improvements a household can make. In reality the switch is free, easy and takes 2–4 weeks — you don’t need to cancel your old contract. In this guide we walk through the process step by step.
The switch in a nutshell: 3 steps
- 1. Compare contracts — with the Verrokit comparison tool in seconds.
- 2. Sign a new contract — fill in the form on the new provider’s site.
- 3. Wait for the transfer — switch complete in 2–4 weeks.
Step 1: Compare contracts
Open the Verrokit comparison tool and enter:
- Housing type (apartment / row house / semi-detached / detached)
- Heating (district / direct electric / ground source / oil)
- Living area (m²)
- Number of occupants
The comparison estimates your annual consumption from these inputs and shows every contract sorted cheapest first.
Step 2: Sign the new contract
Click the ”Choose” button. You’ll need:
- Metering point identifier (about 18 digits, on your current bill)
- Personal ID
- Contact details
- Bank or card details
- Contract start date
You don’t need your old contract or the old provider’s details — the new provider fetches them from the Fingrid Datahub.
Step 3: Wait for the transfer
The new provider:
- Notifies your local grid operator
- Handles the old contract’s termination
- Starts billing on the agreed date
What if I have a fixed-term contract?
1. Wait for the term to end
The easiest option. Start comparing 1–2 months before expiry.
2. Cancel early (fee may apply)
Early cancellation fees are typically 30–80 % of the remaining term’s energy cost.
What happens with the electricity supply during the switch?
Your electricity supply does not pause for a single moment. Electricity flows uninterrupted — only the billing retailer changes.
Frequently asked questions
Is the switch paid?
No. The switch is completely free for the customer.
How long does the switch take?
2–4 weeks from signing.
Do I need to cancel the old contract?
No. The new provider handles the cancellation automatically.
Summary
The switch is a 5–10 minute task that can save hundreds of euros a year. Pick a contract from Verrokit comparison and fill out a short form — the rest happens automatically.