Choosing the Right Energy Plan – National Gas and Power Options Explained

Get in touch on whatsapp Now:

Learn about National Gas and Power’s energy plans for UK properties. Fraser Bond highlights key differences and strategic tips for landlords and investors.

Introduction

Choosing the right energy plan is essential for ensuring operational efficiency, cost control, and tenant satisfaction, especially in the highly competitive UK property market.
National Gas and Power — often called National Power and Gas — offers a range of simple energy plans aimed at residential users and small businesses. Although smaller than major players like British Gas and EDF, they attract customers with straightforward tariff structures and competitive rates.
Here’s an in-depth look at the available energy plans, and what property owners, landlords, and investors should consider when selecting National Gas and Power for their properties.

Overview of National Gas and Power

National Gas and Power operates as an independent supplier regulated by Ofgem, providing:

  • Gas-only plans

  • Electricity-only plans

  • Dual fuel plans (gas and electricity bundled together)

Their approach focuses on transparency, competitive pricing, and customer flexibility. However, being a smaller supplier means service levels and customer support can vary.

Types of Energy Plans Offered

1. Fixed-Rate Energy Plans

What They Offer:

  • A locked-in unit rate (pence per kWh) for the duration of the contract (typically 12 to 24 months).

  • Protection from market price fluctuations.

Ideal For:

  • Landlords with fixed rental agreements including utilities.

  • Investors seeking cost certainty for budgeting purposes.

Key Notes:

  • May include early exit fees.

  • Fixed-rate contracts are subject to credit checks.

2. Variable-Rate Energy Plans

What They Offer:

  • Prices fluctuate with the wholesale energy market.

  • Flexibility to switch suppliers without penalties.

Ideal For:

  • Property owners who prefer short-term commitments.

  • Tenants who manage their own bills and prefer freedom to move between suppliers.

Key Notes:

  • Monthly bills can rise if wholesale prices increase.

  • No contract termination fees.

3. Dual Fuel Plans

What They Offer:

  • Bundled gas and electricity under a single account.

  • Potential discounts for managing both fuels together.

Ideal For:

  • Multi-occupancy units.

  • Landlords managing HMO properties or serviced apartments.

Key Notes:

  • Simplified billing processes.

  • Possible incentives for Direct Debit payments.

4. Pay-As-You-Go (Prepayment) Plans

What They Offer:

  • Energy is paid for upfront using a prepayment meter.

  • No monthly bills – tenants top up as needed.

Ideal For:

  • Properties where tenants prefer flexible, pay-as-you-use options.

  • Short-term rental properties.

Key Notes:

  • Generally higher unit costs compared to standard credit plans.

  • Meter installations may involve additional costs.


Comparing National Gas and Power Plans to Other Suppliers

Feature National Gas and Power Octopus Energy British Gas
Green Energy Options Limited 100% Renewable Partial Renewable Tariffs
Customer Service Rating Average (3–3.5 stars) Excellent (4.5+ stars) Moderate (3.5–4 stars)
Plan Simplicity High High Moderate
Portfolio Billing for Landlords Limited Available Available

Key Considerations Before Choosing a Plan

  • Exit Fees: Check early termination conditions on fixed-rate plans.

  • Billing Options: Ensure you can manage multiple properties efficiently if you are a landlord.

  • Green Credentials: If promoting eco-friendly living spaces, note that greener suppliers may offer stronger marketing appeal.

  • Tenant Impact: Always communicate energy plan choices with tenants, especially if utilities are included in rent.

How Fraser Bond Can Assist

Navigating energy contracts can be time-consuming and complicated, particularly for multi-property portfolios. Fraser Bond offers comprehensive property management services that include:

  • Vetting and recommending the best energy suppliers.

  • Managing utility account setup and transitions.

  • Ensuring cost efficiency and service reliability for property owners.

With Fraser Bond as your strategic partner, you ensure optimal operational performance and tenant satisfaction, while protecting your property investments across London and the broader UK market.

Conclusion

National Gas and Power offers simple, cost-effective energy plans suitable for a wide range of residential and small commercial properties.
However, it’s important to carefully assess plan details, flexibility, and potential customer service limitations before committing. Fraser Bond provides expert guidance to ensure that you choose the best utilities strategy tailored to your investment goals and property management needs.