Bills to pay when renting a house how to#

Getting a smart meter can help you track (and cut down) how much energy you use each month, helping you save money on your bills. If your new home has a smart meter, it will automatically send the readings to your supplier. It can be good idea to submit readings every month or so, to help keep your bills accurate. This will help you avoid paying for energy you haven’t used.

Once you’ve found your meters, it’s important to take meter readings and submit them to the supplier. This allows you pay for energy in advance, topping up with a smart card/key or cash

Standard meter = billed monthly or quarterly.

The meter will either be a prepayment or standard meter. Again, the estate agent or previous owners could point these out to you, but if not, the kitchen or hallway can be good places to start. Gas and electricity meters can be found in a variety of places, from the kitchen to outside the home. However, if you haven’t done that, you can get in touch with:įor gas, use The Meter Point Administration Service at Find My Supplier.įor electricity, contact the Local Distribution Centre for your area. You could ask the seller or estate agent (or developer if the property is a new build) before you move in. Once you’ve moved in, take things through step-by-step: Find out who your supplier is

Setting up gas and electricity for the first-time can be tricky.

Bills to pay when renting a house how to#

So, do as much research as possible to ensure you’re paying a fair price! How to set up gas and electricity for the first time in a new home

It’s important to bear in mind that ‘standard tariff’ can often be an expensive option. When it comes to gas and electric, you’ll automatically be transferred to old homeowner’s energy provider (or providers), often on their standard tariff. Many first-time buyers are in the dark about what happens when they move into their new home. Understanding gas and electric in a new home However, it’s important to get your head around these household bills to avoid overspending. With all the first-time home buyer costs involved with moving to a new house, gas, electricity and water can be easily overlooked. Can you actually afford to buy and run a home? The more efficient your home, the less you should pay each monthĪlso, costs will vary year to year depending on inflation – meaning the average price of running a house per month is always changing.

The property’s energy rating, shown by an EPC.

Prices depend on a variety of factors, including: However, this does not necessarily mean this is what you’ll be paying. It’s roughly 6% of an average household budget. The average household bills per month in the UK currently sits at £151 a month for water, gas and electric, or £1,815 a year. From maintenance fees to mortgage payments, there’s a lot for first-time buyers to consider! Try not to miss any important steps from your first-time buyer checklist. Of course, this isn’t an exhaustive list of the extra costs you’ll be paying as a homeowner. Time to clear things up! Here’s a list of utility bills for a house: However, everything is different when you own the property yourself. It’s likely you’re already familiar with paying for bills. Here’s the first-time buyer’s guide to utility bills. With so much to think about, it can be easy to forget things. You probably don’t need us to tell you that the road for a first-time buyer can be a rocky one. Taking the final steps to becoming a homeowner? About to put money into your own property rather than someone else’s?