Moving into a new space is an exciting step full of new opportunities and growth. While you focus on renovations, team briefings, and operations continuity, there is one key step that must not be missed. Can you guess what that is? Notifying the energy supplier.
Inform your energy supplier that your business now occupies the space. This is a small yet powerful step to ensure your energy supply keeps running, bills are accurate, and the energy account is correctly set up in your business’s name from day one.
Why Your Energy Supplier Needs a Heads-up?
If you move into new premises and do not notify the energy supplier, the energy account remains registered in the previous occupier’s name. This may place your business on a deemed contract, often with higher energy rates. It is better to contact your energy supplier so that the account can be transferred correctly.
Moreover, this small step can protect you from paying for the energy that the previous occupier consumed and guarantee that your energy bills are accurate from day one.
| A deemed contract occurs when you start using energy without signing an official contract with the energy supplier. You may continue using the energy, but you are entitled to pay the deemed tariff, a bit higher than the standard tariff. |
Details You Will be Asked to Provide
To complete the change of occupier process, make sure you have a few essential details and necessary documents ready to provide:
- Your Move in Date
- Your Business Name and Details
- Lease Agreement under the new business name or
- Contractual Right or License to use the property or
- Tenancy Agreement or
- Title Deed
When to Contact the Energy Supplier
Ideally, it is a good idea to inform your commercial energy provider as soon as you sign the lease contract or legally take responsibility for the premises.
Start your new chapter fully energised and with peace of mind. With your energy account set up, you can focus on what truly matters. Growing your business with confidence!
