It’s okay to admit it. Moving house can seem like a stressful and bewildering whirlwind. And no matter how well planned you are, it always seems as though there’s *something* you’ve forgotten. Once you move into your new home, you’re automatically on a “deemed contract” with the previous occupant’s supplier. But that doesn’t mean you can’t set up your existing plan in your new home. It just may not be instantaneous. Here we’ll look at how to transfer your energy plan to your new home and manage your utility bills.
Last update: April 2022
As you may have heard on the news, the UK energy market is currently under an immense amount of stress as a result of a global gas shortage driving up costs and putting several energy suppliers out of business. To learn more about this and stay updated on a daily basis you can read our page on the UK energy crisis.
Are you wondering if you can carry out an energy transfer or, in other words, simply carry on your current deal in your new home? While you may be able to enact this kind of energy transfer, it’s a little more complicated than you may imagine.
Can I keep my current energy plan if I move home?
You may well be able to transfer your existing plan to your new home. It’s perfectly reasonable to want to keep the same energy plan if you’re happy with it. If it ain’t broke, why fix it? However, it is slightly more complicated than simply switching your supply and tariff over to your new home.
Once you move house, you’re placed on a deemed contract with whatever energy supplier the previous occupant chose to supply energy to the property. These almost always place you on the suppliers’ standard variable rate. This is often (but not always) the least competitively priced tariff that a supplier will offer. But while there’s no avoiding this, deemed contracts are completely open-ended. So you can leave at any time without worrying about early exit fees.
You can switch energy suppliers as soon as you are legally responsible for the property’s energy supply. So while you cannot switch suppliers in advance of your move, you can switch as soon as you move in.
But can you switch to your previous supplier and tariff?
Usually, the answer is yes. However, it depends on a number of factors. These include…
Your new location
Your previous home’s tariff may not be available in your current location. And even if it is, your unit rates for gas and electricity may be different to what you paid in your previous home as costs vary by location.
Our energy experts are here to help
Free service - Available Monday to Friday from 8.30 am until 5.30 pm
Your new meter
If your new home has a different kind of meter, your existing tariff may not be able to carry over. For instance, your new home may have a prepayment meter, and this will mean that you have to have a specific Pay As You Go tariff. Alternatively, your new home may have an Economy 7 or Economy 10 meter, while your previous tariff did not have dual rates for on and off-peak energy.
Your new home’s fuel availability
Finally, your new home may not use the same fuels as your previous property. For instance, if your new home has only electricity rather than both electricity and gas, you will no longer benefit from a dual fuel discount.
Should I change my energy plan when I move home?
Even if you are able to carry out an energy transfer, and continue using your existing plan in your new home, this may not be the most cost-effective option for you. It may be more beneficial to change to a brand new energy plan in your new home. You can continue to use the same supplier if you wish. Or you may want to choose a brand new one.
Unfortunately, energy companies are not known for rewarding their customers’ loyalty. Even the energy regulator Ofgem recommends that energy consumers switch suppliers every 12-18 months to get the best prices on the market and keep the industry competitive. Moving to a new home is the perfect opportunity to get the measure of what’s available on the market and choose a brand new tariff.
How to switch energy supplier? A step by step guide
Whether you choose to transfer your energy plan to your new home, or to start a brand new one, you’ll still have to undergo the switching process. This is because you need to get out of the deemed contract with your new home’s incumbent supplier. Fortunately, with proper planning, you can get your new energy tariff up and running within 15 days of your move, and enjoy great energy savings in your new home as quickly as possible.
Here’s how to do it right:
Before you move home
The more prepared you are in advance of your move, the easier it will be to switch energy supplier or carry out your energy plan transfer in your new home.
Here are some steps that you should try and take before your moving day:
- Start comparing energy prices for your new home as soon as you can.
- If you’re hoping to carry out an energy transfer, check with your current supplier that you’ll be able to do so.
- Notify your existing supplier of your move as soon as you can (48 hours before your moving day at the very latest).
- If possible, find out who supplies energy to your new home in advance. You can ask your estate agent / letting agent / future landlord, or use the Find My Supplier website.
On moving day
We know that you’ll have your hands full on moving day. However, if you can find the time to carry out the following steps it will allow you to get cheaper energy to your new home much faster:
- Take a reading (with a photo if possible) of your old home’s meter as you’re leaving and send it to your current supplier.
- Leave a note for your home’s new occupant to tell them who supplies energy to the property. This is not essential, but it’s a considerate thing to do.
- Take a meter reading once you’re in your new home. Report the reading to your new home’s energy supplier as soon as you can to ensure that you are accurately billed by them.
- It’s also a good idea to leave a forwarding address or contact details in case your old home’s new occupant has any questions about or issues with your home’s supply.
What to do after you move home
The sooner you sort out your energy transfer (or, if you prefer, switch to a new supplier and tariff) the better. That way you’ll waste less money on a potentially expensive deemed contract. As such, you should try and carry out the following steps as close to your moving day as possible. If you can find time (amidst the chaos) to get these done on the big day itself, so much the better!
- Find out your current tariff and rates from your new home’s incumbent energy supplier. This will allow you to determine exactly how much you could save with your energy plan transfer or switch.
- You may want to one more price comparison to make sure you’re choosing the best supplier for your new home.
- Sign up with your new supplier and they’ll handle the rest. The switch should be done within 15 days. If it takes any longer, you may be entitled to £30 in compensation.
How to transfer your energy supplier
It may be advantageous to opt for an energy transfer when you move home, rather than switch to a brand new supplier or tariff. For instance, if you are on a fixed-rate energy plan, and don’t want to pay an early exit fee, an energy plan transfer may be the best option. You will need to contact your supplier directly to see if this is possible. Make sure you have your new home’s address and postcode so that your supplier can check availability in your area.
Some suppliers may waive early exit fees if you’re moving to a new home.
Would switching give you better value for money? Find out today!
No matter how happy you are with your current supplier, it’s definitely worth seeing if you could get better value for money by switching to a new supplier in your new home. There are lots of price comparison sites out there to choose from. But for the fastest and most convenient way to compare energy deals and prices, get in touch with the Papernest team today!
We can look at tariffs from dozens of energy suppliers to find the perfect plan for your new home. We can even manage your switch from end-to-end to make it as quick, easy and hassle-free as possible to enjoy cheaper energy.
What are you waiting for?
We’re available from 8am to 6pm.
Would you like to know more information about utility bills? Great! Check out our related article about:
What if your new home has a prepayment meter?
If your new home has a prepayment meter, you won’t be able to carry out an energy transfer (unless, of course, your previous home used a prepayment meter). But don’t worry, there are a number of prepayment specialist suppliers to choose from. We can help you to find the best Pay As You Go deal to suit your needs. Alternatively, you can see if your incumbent or new supplier will replace your prepayment meter with a standard credit meter to give you more options.
Can I change energy supplier as soon as I move into a new home?
Yes, as soon as you are legally responsible for the energy supply to your new home, you can switch from the incumbent supplier to your previous home’s supplier… or any other supplier you like!
Is an energy transfer the cheapest option when moving house?
Maybe. But not necessarily! Switching to a new supplier may provide you with cheaper energy than transferring your existing plan to your new home. At the very least, it’s a good idea to check what tariffs are available for your new home so that you can make an informed decision.
When should I switch utilities when buying a house?
As soon as possible. The longer you wait, the more you risk spending on an expensive deemed contract with your new property’s incumbent supplier. And keep in mind that your switch will take around 15 days to be processed.
The closer your switching day to your moving day, the greater your savings are likely to be.
Updated on 24 Jan, 2022
Energy Specialist & Copywriter