When you buy your first home one of the first things you will be concerned about as a first-time buyer is your gas and electric. One one hand you want a smooth transition with a great supplier so you pay only what you can afford, on the other hand, you want it as soon as possible.
In this brief guide, we will cover first-time buyer gas and electric: How you should go about setting up the gas and electric for your new home.
Find out who supplies your new home
How do I find out who supplies my gas and electricity?
Find out who your new gas and electric supplier is. Every property will likely have a gas and electric supplier. You should find out who this is by contacting the new build property developer or the previous owners of the home.
You can also get the National grid to inform you who your provider is.
The national grid will have a host of distribution network providers who work for each region and provide electricity for that region. A quick google search will let you know who the national grid distribution network provider is and they will be able to tell you who supplies the electricity for your home.
Locate your meter number
There are two types of meter number – the Meter Point Administration Number for electricity and the Meter Point Reference Number for gas.
The Meter Point Administration Number (MPAN) is unique to your home. It has 21 digits and can be found on your energy bill. It’s sometimes called a supply number but don’t get it confused with your customer reference number, as this is different.
The Meter Point Reference Number (MPRN) is unique to your gas supply and is usually between six and 10 digits long. It can be found on your gas bill. Meter numbers are not printed on the meter itself, so don’t waste time looking there!
At this point, you now know who supplier is your new home for both gas and electric. You should now contact your supplier(s) and inform them that you have purchased the property.
You must then provide them with the meter reading to ensure they don’t bill you for usage prior to when you moved in. This is why it is very important to complete this step on the day you move into your new home as if you don’t you may end up paying the gas and electric for the past owners. Make sure the meter readings you give them are accurate.
If you are on a prepayment plan you should also inform the supplier.
If you don’t contact your energy supplier they may automatically put you on a standard tariff which may be their most expensive.
Ensure you are not on their standard tariff
As a first time buyer, gas and electric charges could potentially be your most expensive monthly charges after your mortgage and house insurance.
Keeping it as low as possible will be in your best interest to ensure you have more disposable income at the end of every month.
When you move into a new home and inform the gas and electric supplier that you have moved homes they may instantly put you on their standard tariff which will be the most expensive tariff they have.
Switch your utility bill
So you have avoided the standard tariff, contacted your new supplier and given them the new meter readings.
Now you should ensure you are always on the best tariff by continuously switching to the cheapest provider available.
How do you connect gas and electricity to a new home?
As a first time buyer you should simply do the below to set up utilities for your new home:
Once you get into your new home you can gas and electric to it by taking your meter readings.
Once you have your meter readings you can now find your MPRN and GPRN numbers. The estate agent or property developer who sold you the house may have these numbers.
Your MPRN number is an 7 digit reference number which relates to your gas supply.
Your MPAN number is a 13 digit number which relates to your electricity supply.
You should then compare gas and electricity suppliers to find the cheapest supplier for you.
Decide which supplier is the best for you and sign up to them.
If you need financial advice and you live in the UK then you could contact the Money Advice service over the phone or via chat for impartial advice.
You can also contact the debt charity “Step Change” if you are in debt and need help.