moving house -what to do?

Wood_Farm_Wife

Hi

My husband and I are moving house this week (Thursday) and we are currently with EDF, electricity only. The owners of the house we are buying/moving into on Thursday are with NPower.

Normally I would shop around to get a new deal but the thing is, we are renting out our new house in September, as we are going travelling for a year. So we only want a tariff for the next 3 months or so. Which companies charge massive exit fees? I was thinking that we stay with EDF and just continue as we are, but my husband says that EDF will start us off on a new package with the house move, especially as we need to pay for gas too.

Any advice would be helpful!

Thank you!

elsien

If your new house is with npower then you're going to have to do the paper work to transfer from them to EDF anyway, surely? So rather than assuming EDF is the best deal for your new house, why not run some figures through the online calculator?
Not sure exit fees are charged any more, are they, unless you go for a fixed deal?

dogshome

As you will be resident in the new house for only 3 Summer months, you may just as well stay with n'power.
As a new account n'power will put you on their Standard tariff on which there are no exit fee's -It's an expensive tariff, but as it can take up to 6 weeks to Switch and it's Summer, why worry?

Your tenants will also be treated as a new account by n'power, but they do have the right to change the supplier
Make very sure you keep the meter readings on the day you move out and the tenant moves in, and keep in mind that if the property is left vacant at any time the Energy bills will fall back on you - Where ever you are on the planet, keep in close touch with your letting agent - I'm afraid some have a history of talking the talk, but not doing the walk.

OhReally_2

Wood_Farm_Wife wrote: »

Hi

My husband and I are moving house this week (Thursday) and we are currently with EDF, electricity only. The owners of the house we are buying/moving into on Thursday are with NPower.

Normally I would shop around to get a new deal but the thing is, we are renting out our new house in September, as we are going travelling for a year. So we only want a tariff for the next 3 months or so. Which companies charge massive exit fees? I was thinking that we stay with EDF and just continue as we are, but my husband says that EDF will start us off on a new package with the house move, especially as we need to pay for gas too.

Any advice would be helpful!

Thank you!

If you are closing an account due to moving from the property, I don't think any company charges early exit fees.

fred7777

Wood_Farm_Wife wrote: »

Hi

My husband and I are moving house this week (Thursday) and we are currently with EDF, electricity only. The owners of the house we are buying/moving into on Thursday are with NPower.

The you will be with NPower in the new house as they are the current supplier, you can't stay with EDF.

It will take a little under three months to change the Npower account to another company which could be EDF.

Game_Over

fred7777 wrote: »

...It will take a little under three months to change the Npower account to another company which could be EDF.

Really? It typically takes me about 4 weeks currently to switch supplier, and according to this MSE article, that should be reduced to 17 days by the end of the year

matelodave

Yes, but they aren't moving at the end of the year are they?
Moving currently takes between 4-6 weeks depending on how quick the the companies can sort it all out. They've now got to give you 14 days cooling off (some only gave 7 days before the rules changed)
As said, they'll be in a contract with the existing supplier (nPower) so they might as well stay with them on the standard tariff if they are only going to be with them for three months during the summer.

fred7777

Game_Over wrote: »

Really? It typically takes me about 4 weeks currently to switch supplier, and according to this MSE article, that should be reduced to 17 days by the end of the year

Wow

I started the process to change from Scottish Power on 10th Jan. Change happened on 15th of March. Correct final bill received for gas on 5th June correct final bill for electricity yet to appear!