Octopus Energy Review 2024
May 8, 2024Moving into a new home comes with a host of tasks to manage, one of which is setting up your gas and electricity.
It’s important to make sure that you have a continuous and reliable supply of energy to power your home and maintain comfort.
As a first-time buyer or someone moving into a new residence, navigating the process of energy setup might seem daunting, but it’s quite straightforward once you know the steps involved.
You need to begin by identifying your property’s current energy supplier. This information can often be obtained from the former occupants or the property developer, especially if the building is new.
You’ll need to inform the current supplier about your move and provide them with the initial meter readings to start your account.
Following this, you can continue with the existing supplier or shop around for more favourable energy deals.
Managing your energy supply wisely from the start can result in significant savings and set you up for manageable utility bills.
Key Points
- Identifying the current energy supplier is an important first step in setting up your utilities.
- Providing accurate initial meter readings to the supplier is essential for correct billing.
- Exploring different energy tariffs can lead to cost savings and optimised energy management.
Understanding Your Gas and Electricity Setup
To commence your gas and electricity service setup, find out who supplies the energy to your property. If it’s a new build, the developer should provide this information; for an existing home, try inquiring with the previous occupants.
In some cases, you may find a letter from the current supplier addressed to “the Occupier”. It’s also possible to find your energy supplier online or by contacting organisations that hold these records.
For electricity, you’ll need to locate your Meter Point Administration Number (MPAN), whereas your gas supply will have a unique Meter Point Reference Number (MPRN). Both numbers are crucial for accurately identifying your energy accounts.
Learn About Meters and Readings
Understanding your energy meter and how to take accurate readings is essential. Your meter readings determine your energy bills.
Electricity Meter: Usually found inside the home; it may be digital, dial or smart. The MPAN is often found on your electricity bill and starts with an ‘S’ followed by a series of numbers.
Gas Meter: Also generally located inside or just outside your property. The MPRN, also known as the ‘gas supply number’, is needed when you switch suppliers or move house.
You will regularly need to report these readings to avoid estimated billing. Upon moving in, take initial readings to ensure you’re not charged for the previous tenant’s usage. Your gas and electricity meters should also be accompanied by a fuse box and a trip switch, which are integral for managing your home’s electrical safety.
Setting Up Your Utilities
Before you begin living in your new home, it’s crucial to ensure your gas and electricity are properly set up. Whether you’re moving into a brand-new property or an existing one, the process of establishing your utilities involves a few specific steps.
For Renting or Purchasing a New Build
If you’re moving into a new build, the developer or your estate agent should provide you with the details of the utility companies that have previously supplied the property.
Contact the energy suppliers as soon as possible to set up gas and electricity. Ask about different energy deals, and consider if a dual fuel option is suitable for your needs, as it could provide convenience and possibly better rates.
- Smart meters should be present in new builds, enabling you to monitor your energy usage.
- Ensure you’re on a tariff that reflects your expected usage, not just the standard variable tariff which may be costlier.
For Buying an Existing Property
When buying an existing property, it’s key to get the utility information from the previous occupants or the landlord if you’re renting.
You’ll typically inherit the previous tenant’s energy deal, but you’re not obliged to stick with it.
- Take a meter reading on the day you move in, whether it’s a prepayment meter, smart meter, or credit meter, to avoid paying for energy you didn’t use.
- Inform the energy suppliers of your move-in so they can set up your account; provide your readings and the forwarding address of the previous occupants if available.
- Shop around to compare different energy deals. Beware of exit fees if you decide to switch from the current supplier.
- Direct debit payments can help ensure you never miss a bill and can often lead to discounts on your energy deal.
- Standing charge and unit rate are two elements of your bill to pay attention to; these determine the daily cost and cost per unit of energy, respectively.
- Be aware of your ability to switch suppliers and tariffs. Most can switch without a cost, but some fixed tariffs may have exit fees.
Managing Your Energy Supply
When setting up gas and electricity for the first time, it’s paramount to manage your energy supply efficiently. This involves selecting the right deal, understanding how to switch providers and tariffs, and interpreting your energy bill correctly.
Selecting the Best Energy Deal
Begin by comparing energy prices to ensure you’re getting a competitive rate. Websites like Comparethemarket can provide a comparison of current deals.
Remember to check not only the prices but also terms and customer service ratings of energy providers. Consider fixed-rate tariffs to protect against price fluctuations, and assess the benefits of energy-efficient suppliers for long-term savings.
It’s important to check with Ofgem, the UK’s energy regulator, to ensure the provider is reliable.
Switching Suppliers and Tariffs
If you find that your current energy supplier isn’t offering the best deal, you can switch to a different provider.
Start by reading your existing contract; look for any termination fees or special terms.
To switch, contact the new provider and they will organise the transfer. You should also submit a meter reading to your current supplier to ensure a smooth transition.
Companies like British Gas offer guidance on switching services to make the process straightforward.
Understanding Your Energy Bill
Your energy bill is a detailed document that covers your usage, current tariff, and the amount due. Bills typically include the following information:
- Usage details: Units of gas and electricity used.
- Tariff details: Costs per unit and any standing charges.
- Total amount due: Sum total of usage and tariff charges.
- Payment method: How you’re currently paying and any other available options.
Review your energy bill carefully to monitor your consumption and verify that you’re on the appropriate tariff. Adjusting your usage habits, like lowering your thermostat by just one degree, can result in noticeable savings.
Additional Considerations for Homeowners
When setting up gas and electricity for the first time, it’s crucial to consider your home’s energy performance and potential improvements that can lead to savings. Paying attention to these elements could impact your utility bills and the comfort of running your house.
Energy Performance Certificate (EPC)
An Energy Performance Certificate (EPC) is a review of a property’s energy efficiency. This certificate gives you an indication of how expensive the property will be to heat and power, which is reflected in the EPC rating from ‘A’ (most efficient) to ‘G’ (least efficient).
By law, you need an EPC before you can sell or rent your home. Not only does it provide an estimate of the average cost of energy bills, but also includes recommendations for ways to reduce energy usage and save money, such as upgrading your boiler or improving heating insulation.
Home Improvement and Savings
Improving your home can lead to significant savings on utility bills. Here are some tips:
- Water: Fix any dripping taps to save on water bills. Over time, those drips add up.
- Boilers: Ensure your boiler is serviced regularly to maintain its efficiency.
- Lighting: Switch to energy-efficient light bulbs, like LEDs, which use less energy and last longer.
- Insulation: Proper insulation in the loft and walls can reduce the need for heating, keeping your house warm and your bills low.
Remember, upfront investments in your home’s energy efficiency can lead to savings over time. The deposit you make today on improvements like a high-rated EPC, a well-maintained boiler, or energy-saving light bulbs, could decrease the overall average cost of running a house.
Frequently Asked Questions
In this section, we address common queries you may have when setting up gas and electricity in a new home for the first time.
What is the process for setting up a gas and electricity account in a new home?
To establish a gas and electricity account, start by discovering who the current suppliers are. You can often find this information from the previous occupants or by checking the meters.
Next, contact the relevant suppliers to set up an account in your name and provide them with the necessary details.
How do I transfer utility services to my name when moving house?
When you’re moving, notify the current utility providers of your move-in date and provide meter readings. This ensures that you are billed correctly from the day you take over the property. It’s pivotal to have your personal details and move-in date on hand for this process.
What are the requirements for registering as a new tenant with a utility provider?
As a new tenant, you’ll likely need to provide proof of your tenancy, personal identification, and possibly a credit check.
The utility provider may ask for details such as your move-in date and the readings of the gas and electricity meters to start your new service accurately.
Which documents are needed to set up electricity and gas for the first time?
To set up these utilities, prepare to provide a form of ID, proof of address, and sometimes a credit history. Providers may also need the meter numbers found on your gas and electricity meters in your new home. Having this information ready will simplify the initial set-up process.
