Yello Cashback: get a reward when you switch energy
Yello is a German energy provider that supplies private households with electricity and gas, and it also has tariffs for heat pumps. If you are about to switch anyway, you can get a cash reward from Coin7 for it, as long as you start on our side and then sign up with Yello in the normal way. The reward is a fixed amount per confirmed new contract, not a percentage, and the current amount is always on our shop page.
What Yello offers
Yello sells electricity and gas, either separately or as a combination. Next to that there are tariffs for heat pump electricity, offers for commercial customers, charging solutions for electric cars and solar products. The company says its electricity is 100 percent renewable, and it runs everything digitally: you choose a tariff, enter your postcode and consumption, and manage the contract later in the Mein Yello customer portal or in the app.
That is the main idea behind Yello. You do not talk to a salesperson or fill in paper forms. If you are comfortable doing things online, this is quick. If you prefer a person at a counter, you may find it a bit impersonal.
Who it is for
Yello is aimed at households in Germany. It fits you if you live in a flat or house with your own electricity or gas meter, you pay more than you would like in a default tariff, and you are happy to handle the contract online. It is less interesting if you are looking for a quick change of address service with a human advisor, or if your property is supplied through a collective heating system where you cannot choose a provider at all.
People who move house often use a move as the moment to compare. A new contract is easy to start before the move-in date, which saves you from ending up in the expensive default supply of the local provider.
What to check before you sign
An energy contract is not like a pair of shoes. The tariff can run for a fixed period, the price can be tied to a guarantee or not, and the details sit in the terms of the tariff you pick. Look at these points on the Yello page before you click on order:
- Contract length and notice period of the exact tariff
- Whether the price is guaranteed and for how long
- How the monthly advance payment is calculated and whether you can adjust it
- What happens at the end of the first period
- Whether the tariff is available at your address
Have your last annual bill and your meter number at hand. The consumption figure on the bill is better than a guess, because a wrong estimate leads either to a big back payment or to money lying around with the provider for a year.
How the switch itself works
You do not have to cancel your old contract yourself in most cases. When you order, the new provider normally takes care of the notice to the old one and of the change on the date that is possible under your old terms. Supply does not get interrupted, the electricity keeps flowing from the same grid. Only the company that sends you the bill changes.
This is also why cashback for an energy contract behaves differently from cashback for a shopping order. The reward is only confirmed once Yello has confirmed that the change has actually gone through, and that can take several weeks. Do not be surprised when the entry stays open for a while after you signed up.
How to get cashback at Yello
Open Coin7 and go to the shop page Yello. Use the button there to go to Yello, choose your tariff and complete the order as you normally would, without leaving the browser tab in between. Do not use comparison sites or other offers on the same day, because that can break the tracking. The reward is shown as pending first and becomes available after Yello has confirmed the new contract. The current amount is on our shop page. If we list a voucher or an offer for Yello, use only the one from our page, since codes from elsewhere can stop the order from being linked to you.
Frequently asked questions
Do I get a percentage or a fixed amount?
A fixed amount for each confirmed new contract. The current figure is on our Yello shop page.
When is the cashback confirmed?
Later than with an online shop order. Yello confirms once the supplier change is complete, and that can take several weeks.
Do I have to cancel my old provider?
Usually not. The new provider normally handles the cancellation as part of the switch, but check the details during the order.
Can I use Yello for both electricity and gas?
Yes, Yello has tariffs for both and combined offers. Which of these count for cashback is shown on our shop page.
Where do I read the contract terms?
On the Yello site, in the tariff overview and the terms for the tariff you choose. Read them before you place the order.
