When is my first payment?

Your first monthly payment will be taken when your switch completes.

Upfront payments let us be smarter when buying energy, so we can pass more savings onto you.

Once you start using energy, we transfer a payment from your bank into your Bulb Account. This puts enough credit in your Bulb Account to cover your energy cost for that month. After each month we work out how much energy you’ve used and we take out the cost of that energy from your Bulb Account.

Taking payments monthly means you get smaller, more regular bills. This all helps you build up a buffer and avoid scary bills. It also helps Bulb keep an eye on how much energy we need to buy, letting us keep our costs low and offer tariffs that are as competitively priced as possible.

Was this article helpful?