Gas Electricity providers after completion?

Amanda_Cm

Maybe a stupid question but hey we are FTB
So we are renting right now and will have at least a month to move from the rented property to the new owned one.
So don't know how to deal with the Gas and Electricity suppliers. Do we have to use the ones the previous owner uses till the lease on the rented house is over and we can move our own account to the new property?
We are using British gas Standard tariff so I don't mind changing but the process is confusing in my head. It may be really simple but don't have any experience...

JoJo1978

The previous owners will contact the current supplier to close their account and they may pass on your details if they know them. That supplier will switch you to their standard tariff and start billing you from when you own the property unless you instruct them otherwise.

We've chosen to stay with the previous owners suppliers for a few months to get used to the bills at our new house then we may research switching later. Alternatively you can shop around now, choose a new supplier and ask them to switch the service to them from your completion day.

Amanda_Cm

Thank you. That was useful.

Smodlet

JoJo1978 wrote: »

The previous owners will contact the current supplier to close their account and they may pass on your details if they know them. That supplier will switch you to their standard tariff and start billing you from when you own the property unless you instruct them otherwise.

We've chosen to stay with the previous owners suppliers for a few months to get used to the bills at our new house then we may research switching later. Alternatively you can shop around now, choose a new supplier and ask them to switch the service to them from your completion day.

In an ideal world. OP, if you are buying somewhere anyone has lived before, from completion you will be in a "deemed" contract with whichever supplier your vendors used but, as JoJo1978 says, you will be on their standard and therefore most expensive tariff. You are free to switch at any time after your purchase is complete and you own the property.

I suggest you check out the Cheap Energy Club (CEC) on here and any other comparison sites you wish to use to find the best tariff for you and take meter readings (ideally a photo of the meters) as soon as practicable after you walk through the door. Do not rely on the vendors having taken readings when they left (let alone passing on your details) Moving is a stressful experience at the best of times.

If you are on anyone's (let alone British Gas's) standard, variable tariff, you will be able to make savings by switching. Standard tariffs are the antithesis of money saving, just fyi. :money: bangs on about this all the time for a good reason.

I wish you the best of luck with your move and enjoyment of your new home.

Amanda_Cm

Smodlet Thank you!

Smodlet

You're welcome. Please let us know how you get on.