Moving house Sep 29th 2022

david__taylor_2

Hi everyone

I'm getting the keys to my new house on 29th Sep and I'm really concerned about the state of the energy market and the upcoming rise in price cap. Does anyone have any insight into how I am best to manage this so I'm not stung with the maximum new rates for fixed prices for gas and electricity? 

I'm currently on a fixed deal in a two bed flat and moving to a four bed bungalow.

Thanks

Cardew

Immediately you move into the new property you are on a legally binding 'deemed tariff' with the company supplying that property.

You should immediately read the meters(including water if on metered water) and inform the company of those readings and your details. - take a photo of the meter(s) in case of a future dispute.

You will be placed on their Standard Variable Tariff(SVT) which will be at the current price capped rate and charges will increase again 2 days after you get the keys!

You will be offered, indeed encouraged, to go on a fixed tarrif with charges in excess of the capped SVT. Current informed advice is to stay on the SVT, but that is your decision.