Gas and Electricity for New Houses

If you are moving into a new build property, what should you do to ensure you are getting the best deal on your gas and electricity?

There's no price cap on business energy. Compare deals to find cheaper prices than your supplier's out of contract rates.

The first thing to know is who your current energy supplier is and what tariff you are on. Unfortunately there is no default rule to say that new build properties in a certain area will be supplied by a certain provider - for example an energy supplier may have struck a deal with a property develop to initially supply all the houses on a new build plot. However, you can find out who your current supplier is by following the steps on our ‘who is my energy supplier' page.

Once you have your current supplier and tariff details you should compare the whole energy market to see how your current deal compares to the best deals out there. You can do this using our impartial comparison service. Click here and enter your postcode to get started.

When the comparison tool asks you your current usage, select ‘I don’t know’ and choose either low, medium or high depending on the size of the house and the frequency with which you think you will be using energy. Once you reach the results page you can see how much you could potentially save by switching to a new supplier or tariff.

Stick or switch?

Whether you choose to switch to a new tariff or decide to stick with the one you have, it is important to take frequent meter readings in the first few months of living in the property and provide these to your energy supplier. As no-one has lived in the property before, it’s difficult to know what the energy usage for that property will look like so the energy provider will make a best guess initially for your Direct Debit amount.

Of course this guess could be way off, so providing frequent meter readings will ensure that your bill becomes as accurate as possible as quickly as possible. This will ensure you aren’t building up excessive credit or debt on the account.