With your permission, Tenant Shop will call you prior to the start of your tenancy to set you up with the supplier of your choice. If you don’t have a preference, they will suggest the lowest cost suppliers in your area for you to choose from, including green energy options. This means that moving into your property is almost completely hassle free, having had all of your utilities set up including your broadband and phone lines. You can quite literally move in, plug in and play…
So, let’s say a year down the line the fuel prices have dropped. Utility suppliers are dropping their prices to fit in line with the current fuel economy. This could mean that your good ole’ faithful gas or electric supplier from a year ago might not be your best choice anymore. What do you do?
You’ll be pleased to hear that it’s not difficult to find out if you could be better off and it’s not nearly as difficult to swap over supplier as your mother once told you.
For starters, visit a utility comparison website such as Which? or uSwitch. All you need to do is input your postcode into these sites, follow the simple questions that they ask (at this point it might be worth digging up one of your recent bills to make sure the information that you’re providing is accurate) and submit your form. You’ll then be provided with all of the top tariffs for your utility needs and there will always be a saving. The best bit is that once you have chosen your new supplier and entered in your latest meter readings, they will take care of everything for you. Simples.
A quick word of warning - some contracts do have exit fees. If you were to break your contract early, check with your current supplier before doing so to find out whether you would incur a fee if you were to leave before the end of your contract. The good news is that all suppliers should allow you to leave your contract up to 49 days prior to the end of your tariff without a penalty fee.
So, what have you got to lose? Certainly not your money!