High efficiency and short saturation time have great significance on the practical work of high power microwave devices. A dual-band Cerenkov microwave generator with high-efficiency based on electrical tuning is presented in this paper. Two-segment slow wave structures for the C-band and X-band separately are adopted, which are isolated by a drift cavity. The collimating hole is replaced by a resonant reflector, which can effectively shorten the saturation time. Moreover, in order to realize dual-band microwave output, the electrical tuning method is used in this paper. In particle-in-cell simulation, when the guiding magnetic field is 0.7 T, the output microwaves at the X-band can be obtained with an efficiency of 38% and saturation time for nearly 20 ns; when the guiding magnetic field is 1.5 T, the output microwaves at the C-band can be obtained with an efficiency of 32% and saturation time for nearly 20 ns. Thus, microwaves at the X-band and C-band can be generated separately by modulating the guiding magnetic field, which can be realized just by altering the current in the magnetic coil. It should be mentioned that such a modulating method is much more convenient than mechanical modulation.