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How to get the best energy deal when you move house

Joanna Faith
Written By:
Joanna Faith
Posted:
Updated:
19/10/2015

With all the expenditure of moving house, new homeowners will want to do all they can to get the best deal on their utility bills.

Here are some top tips from MoneySuperMarket on how to get the best energy deal:

  • Energy suppliers do not service individuals – they service the property. When you move house, you’ll automatically be taking on a new tariff and leaving your old one behind.
  • Speak to the current/previous occupants. When you’re in the process of buying a home, ask the current owners (or their estate agent) to provide you with some information from a recent bill, most importantly the energy provider, name of tariff and typical monthly or annual usage.
  • Inform your current supplier as soon as you have your final move date. If you haven’t notified them, you’ll still be responsible for any energy used after you leave your old property.
  • It’s worth checking whether you’re currently on a ‘portable tariff’, which can be moved from one property to another, as not all tariffs can be transferred.
  • When you’re in the new property, contact the property’s current supplier. If you haven’t been given the information by the previous occupants, you can call the meter number helpline on 0870 608 1524 to find out who supplies energy to your home.
  • Do a meter reading the day you move in, keeping a copy of the readings and the date to ensure you’re not overpaying for energy consumed before you lived there.
  • If you’re moving into a rental property, the process is very similar (unless your landlord pays the energy bills) but you may have to give any meter readings to your landlord as well as your supplier.
  • Consider switching. While a tariff may have been cheapest in one area, it may not be the best option available for your new home – so it’s worth shopping around to see what else is available.
  • If you’re on a fixed-term deal, such as a fixed-rate tariff, you may be charged a termination fee if you switch at your new house before the fix expires. If this is the case, it might be worth staying with your old supplier and taking the fix to your new home, ready to switch when it expires.

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