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Moving to a new home can be a bit stressful given the lengthy checklist you will need during the process.
One thing most people forget when checking their lists is this Power supply for the new house. By the time you move into your new home, you likely already have an electricity company, one reason most people overlook electricity on their checklists.
As soon as a previous home owner moves out, the existing energy supplier automatically transfers the next resident to his tariff.
The standard tariff is usually up to 20 percent more expensive than the cheapest. Because of this, you may need to revise your tariff or switch to a different supplier. Here are five steps to getting the best deal on new home power connections.
1. Find your new electricity meter
You can likely find the meter in places like outside the house, in the hallway, or in the kitchen. If it’s not in one of these places, check out all of the cabinets. If your home is new, the developer should show you where the meters are.
2. Find the trigger switch
Finding the trip switch is important if your power goes out for any reason to ensure your safety. The switch always trips when a power surge or a defective device occurs. You can find it in the fuse box, which should be near the measuring box.
3. Check your meter number
Every house has a unique MPAN (Meter Point Administration Number). The MPAN, also known as the utility number, has 21 digits and is on your utility bill. Do not confuse it with the customer reference number listed next to the MPAN on your electricity bill.
4. Make sure you have the correct plan
As already mentioned, you will be set to a standard tariff by default by the existing supplier. This tariff is probably the most expensive that the supplier offers. Don’t let the extra fees pile up by waiting for the first bill. You can avoid these additional costs by switching to a cheaper offer.
5. Switch to a friendlier electricity business
You are likely to come across a better deal than what you can find in your new home. Make a switch as soon as you research one that suits you. To make sure you are getting the best rate for your home, consider the following:
- Find out who the existing electricity supplier is.
- Read your meter as soon as you move in to make sure the previous homeowner’s bills don’t appear on your first bill.
- Look for power offers for a new buyer.
- Switch to the power company that appeals to you the most.
If you follow all of these steps, you will save a significant amount of money. It’s not a good idea to wait for the first bill before switching to an upgraded deal. You should switch to a better tariff the moment you move into your home in order to save some money for yourself from the first month in your new home.