Fixed Tariff ending and move on the horizon

shellstar

I'm currently with Eon and they've notified me my fix is coming to an end. If I do nothing, they will move me to their Next Flex Tariff. I am on a dual fuel tariff as this property has gas and electric.

I'm hoping to move within the next few months. I've got a buyer for my house and offer accepted on a property but the chain isn't complete, so honestly it could be several months away, or collapse, or anything really. The house I am hoping to buy is in a village with no mains gas. I'd therefore only need an electricity tariff. It's got an air source heat pump.

What would be the best move in terms of fixing given I plan to move. Do flexible tarriffs exist? Is it a problem to move from dual fuel to electricity or would I get a penalty?

I'm not as savvy with utility bills as other areas of my financial planning, in terms of how a house move might impact what I should do at this point. Any advice welcome.

FreeBear

Gas consumption will be minimal during the summer months. Most of the currently available fixes I've looked at are a little higher than the standard flexible (SVR). For a few months left in the current house, I'd just leave things as they are. Take meter readings on the day you move out (take photographs of the meter readings) and submit them to Eon.

When yo do move, you will automatically be on a deemed tariff (SVR rates) with who ever is the current supplier at the new house. If it is electric only, then you won't be paying for gas. On moving in day (or day of exchange if earlier), take the meter reading and submit it to the new supplier (and take a photo of the meter). Once you've settled in, you can go hunting for suitable tariffs (Octopus Cosy is often favoured for heat pumps).

Ectophile

Easy answer: do nothing.

When your fixed tariff comes to an end, you will roll onto their standard variable tariff, which will match the Ofgem price cap. It may cost a little more than you're currently paying, but there's no exit fees.

Then do what @FreeBear says when it comes to moving day.