Moving to a new flat

pumen

I am moving to a new flat this week and am trying to find the cheapest energy plan at the moment. There is both electricity and gas at the new flat, anyone can recommend the cheapest plan at the moment from any of the top 6 suppliers? Is it better to have a single supplier for both electric and gas, or it does not matter as you still have to pay separate standing charges for each?


The flat I am leaving only had electricity and I was able to find a relatively good plan SSE Economy 7 from the Southern Electric last October which charged about 12.99p for the day hrs and about 6p for the night hrs. I am now looking at similar plans, but the cost is almost 16p per unit - can't believe it went up by 20% in just one year!


Any advice will be appreciated as I am new to this.

Cardew

Initially you will have to take the gas and electricity of the existing supplier as you are a legally binding 'deemed contract' with that company.


You will also be on their most expensive standard tariff initially. So as soon as you move in contact them with your meter readings and move to their cheapest tariff that doesn't have early leaving penalties; they will effect that change immediately.


The cheapest tariff will depend on your area and consumption, so nobody can tell you the best deal. So go to a comparison website like www.energyhelpline.com and estimate your consumption and that will give an indication of the cheapest tariffs.

System

You will be on a Deemed Contract with the existing supplier when you move in. Find out who the supplier is and contact them with actual meter readings. You are then free to switch.

There is no simple answer to your question. If there was, we would all use the same supplier. You will need to make some basic assumptions about how much energy you will use - in kWhs/year (for both gas and electricity). The outgoing occupants might help.

Then use a simple comparison website like theenergyshop.com to compare dual fuel and single gas and electricity tariffs. You could also use MSE CEC and get cash back to switch.

pumen

Thank you for replies. This is a new flat, so it is difficult for me to estimate.

zaax

With a new building it will be well insulated. So find the lowest price per unit. The smaller energy cos seem to be the best. If you having to go pre-payment EBICO is the best as there is no 'extra' charges

Cardew

zaax wrote: »

With a new building it will be well insulated. So find the lowest price per unit. The smaller energy cos seem to be the best. If you having to go pre-payment EBICO is the best as there is no 'extra' charges

Most people on here seem to use the term 'new flat' as a different flat not a 'new build flat'.


Ebico is certainly the cheapest for low consumption households on pre-payment. However for UK average consumption Ebico is over £100 pa more expensive then the cheapest - oVo.(in Midlands)

[Deleted User]

Don t go with Ebico unless you re sitting around with pullovers on in the dark all winter using next to nothing.Personally I would recommend the safety of good old British Gas in the shape of Sainsburys Energy dual fuel one year fix.Just look on here and see how little the biggest supplier is mentioned on here giving problems.