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New energy customer

I have just bought my first house (🥳) and I’ve been living with my mum for the last 18 months. How do I compare energy prices please?

Aaaaallllll of the advice is aimed at switchers and the only online comparison service I could find won’t let me through without first giving details of my current provider. Is this because there’s no real difference in prices at the moment - so I should just choose based on other features / credentials etc.?

Comments

  • The_Fat_Controller
    The_Fat_Controller Posts: 2,006 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 2 September 2022 at 5:15PM
    Your provider is whoever was supplying the previous owner and you MUST open an account with them first.

    Contact them with the meter readings you took on the day you move(d) in.

    DO NOT let then bully you into taking a fixed tariff, get on the deemed tariff (Standard Variable), get the account set up and take a breath.

    You cannot switch until that account is up and running.

    You will NOT find anything cheaper right now.
  • KxMx
    KxMx Posts: 11,423 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Only 2 companies are taking new customers (Octopus & EDF) and then only at the discretion of who answers your call.
    With the state of the market switching is practically non existent currently. 
    Your best bet is to register with the supplier of the property you've bought, and sit tight until things change. 
  • The_Fat_Controller
    The_Fat_Controller Posts: 2,006 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 2 September 2022 at 5:22PM
    KxMx said:
    Only 2 companies are taking new customers (Octopus & EDF) and then only at the discretion of who answers your call.
    With the state of the market switching is practically non existent currently. 
    Your best bet is to register with the supplier of the property you've bought, and sit tight until things change. 
    There is no "best bet" about that, the OP must open an account with the incumbent supplier.
  • I see! Switching relates to the property rather than the account holder. Who knew?

    Thanks for the info.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 2 September 2022 at 8:55PM
    Yes. You can't transfer accounts between properties, though you can sometimes transfer existing tariffs (which obviously isn't relevant to you). You will be in a deemed contract with the existing provider from day one.
    This has been the system since privatisation of the industry back in 1990.
    No free lunch, and no free laptop ;)
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