New home - choosing energy supplier

pineapple

Should be collecting the keys today!
Is it better to stick with the existing energy supplier to the property? (at least for the first year) or is it just as easy to start with someone different?

Ectophile

It's going to be easier to start off with the existing supplier, rather than switching at the same time as moving house.

But don't leave it for a year. When you move in, you will be placed on their standard tariff. If you shop around, you will most likely find much better deals on offer. You may even be able to get a better deal from the same supplier just by switching tariffs.

Cardew

pineapple wrote: »

Should be collecting the keys today!
Is it better to stick with the existing energy supplier to the property? (at least for the first year) or is it just as easy to start with someone different?

In amplification of the post above, you cannot 'start with someone different'.


When you move in you are on a legally binding 'deemed contract' with the existing supplier. So you need to contact them with your meter readings immediately(and water if metered)


The deemed contract' will be at their most expensive Standard tariff; and you can start the switching procedure straight away.


If you go for a new tariff with the existing company, they will change it immediately; to change to another company takes some weeks.

macman

It's 'easier' to stick with the existing supplier, but it certainly won't be cheaper. Use any comp site to find the best tariff fro your estimated kWh usage, two minutes work. Then switch using a cashback site. Switch will take around 5 weeks.

Cardew

macman wrote: »

It's 'easier' to stick with the existing supplier, but it certainly won't be cheaper.

That isn't always so.


The existing supplying company may have the cheapest tariff available. They will initially put you on their expensive standard tariff, but will switch you immediately to their cheapest tariff if you request a switch.


e.g. if, say, EDF are the existing supplier, it is possible that they have the cheapest tariff for that property and it is better to switch to that tariff immediately.