New Energy Accounts: Where to start?

flopzierabbit

I've just moved into a shared house with 4 other people. We're well aware that switching supplier can make you savings one way or the other... and about the comparison sites. Our problem is we're starting from cold (excuse the pun) - where is a good place to start?

Cheers
Joe

HappyMJ

Energyhelpline would be a better start. Reading this article would be a good start too. http://www.moneysavingexpert.com/utilities/you-switch-gas-electricity then use Quidco to switch.

dogshome

Hi flopzierabbit - Your big problem is not which supplier supplies the Gas & Elec, but having a firm arrangement with your co-occupiers as to who pays what and when.

This site is littered with posts from house sharers who have been hit with BIG bills, after they left the house. This is because if there is debt and the account holder disappears, the Utility Co can reach out and demand payment from any of the co-occupiers.

For you and all the other occupiers, the best bet is for the 'Treasurer' to collect a weekly payment from everyone, based on the estimated annual billing - If you post the size of dwelling and it's heating arrangements here, someone will give you guide figures - and it would be best if two signatures were required to release money from the holding account.