Moving in first flat.which supplier??

spursnuk

im gonna be moving into first flat renting in couple of weeks
Just wondering how to go about getting best quote as i obviously dont have any previous bills etc to compare to.

its a 2 bed flat and would consider us to be low users...

it is a new build so no idea who its currently provided by as never been lived in etc.

thanks

HappyMJ

I would just pick a cheap variable rate tariff with no minimum tie-in rather than fixing anything. After a few months you should have an idea of your usage and can then get a fixed rate.

spursnuk

cool thanks for the advice

macman

Not quite that straightforward. You will be in a deemed contract with the existing supplier, even in a new build. So you must take readings on day one and register with them for an account. You can't switch away (which will take 4-5 weeks) until you do that.
Just use average kWh figures (and any current tariff) on a comp site.

Bradfield

Take the meter readings when you move in and continue to take them on a regular basis (at least quarterly). This may sound a bit over-cautious but when things go wrong they may save a lot of grief.

Meters stop working; meters get changed. Utility companies mess up the accounts. Take your readings, keep them safe. Make sure you print off your account statements and keep copies. If you pay by direct debit this is another hazard area. If they underestimate your consumption you may end up owing them a lot of money. On the other hand they may owe you money. Keep a check! Be in control. Otherwise you will be at their mercy and dependant on their figures.

NXV839

Check with your landlord which supplier you are with, then I'd conduct a price comparison based on a low user on a price comparison website such as Uswitch. That way, you get a basic idea of how much you can expect to be paying each month and which suppliers offer the best rates in your area.

You can also get an idea of what "extras" companies’ offer - such as cash back when you've been with them for 6 months or nectar points etc. Even if you don't switch supplier right away, you should gain a good understanding of rates in your area by looking on a comparison website and be more aware of what a good offer is - and what extras you can blag!

http://www.uswitch.com/?gclid=CIHI1YTx77QCFe3KtAodfi4AyA