Taking over a new business is an exciting time, but it’s essential not to overlook your energy arrangements. It’s important to notify your current energy suppliers that you’re now responsible for the property and to set up new supply contracts to keep your energy costs as low as possible.
The process of notifying your suppliers can be daunting, often requiring additional documentation, but we can handle this for you to make the transition smoother. Additionally, we can provide a comprehensive comparison of quotes for electricity, gas, water, and waste collection services for your new property.
Once the Change of Tenancy is complete, Out of Contract Rates will apply from the date you take occupancy. These rates come into effect when there’s no energy contract in place. Out of Contract Rates are typically much higher—sometimes double—compared to contracted rates, so it’s advisable to switch to a contract as soon as possible to avoid unnecessary costs.
Change of Tenancy Form
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Energy Costs Managed, Hub One, Innovation Centre, Hartlepool, Durham, TS5 5TG