Posts with tag: tenants bills

Tips for Saving Money on Energy

Published On: January 13, 2015 at 3:47 pm

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Three quarters of tenants who pay their own bills have never changed electricity or gas supplier to get a better deal, says Ofgem, the energy regulator.

Tips for Saving Money on Energy

Tips for Saving Money on Energy

One in five renters are not even aware that they can switch provider, even though they could save up to £200. Tenants are just half as likely to change compared to homeowners.1

Landlords should encourage tenants to look around for the best deals, and always remind potential tenants to consider the whole cost of renting, including the bills.

Recently, the Be an Energy Shopper campaign emphasised tenants’ rights to change their energy supplier if they hold responsibility for paying the bills. Information can be found at: www.goenergyshopping.co.uk/en-gb/tenants

Some tenancy agreements state that tenants must inform their landlord before switching supplier, however, if they are directly responsible for paying such bills, then they have the right to change. Even if there is a clause in the contract saying that tenants cannot switch, if they pay energy bills, they should be free to decide who they use.

Good communication between landlord and tenant will ensure that the landlord is aware of any changes that the tenant makes regarding energy supplier. The landlord can also request that the provider be changed back at the end of the tenancy.

Some landlords provide their properties with bills included. In this case, tenants cannot switch provider, as it is the landlord who has the contract with the energy company.

If the landlord holds the account, they too can shop around for a better deal.

Some useful tips on saving money:

  • Ask the tenant to take meter readings upon moving in and out of the property, to be sent to the energy provider.
  • Identify any supplier tie-ins at the start of the agreement to the tenant.
  • Tell the tenants if they must inform you when changing energy suppliers.
  • Remember that if the tenant pays the bills, they are entitled to change provider.

1 https://nlauk.wordpress.com/2015/01/13/top-tips-for-energy-budget-conscious-landlords-and-renters/

 

 

Private Tenants Pay Highest Energy Bills

Published On: May 24, 2012 at 9:54 am

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Categories: Property News

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The Royal Institution of Chartered Surveyors (RICS) has issued statistics that do not make enjoyable reading for private tenants in England.

According to their figures, private tenants have to pay greater energy bills than homeowners. In the energy expenditure survey, it was revealed that tenants pay £31 more a year than homeowners. This figure rises to £90 more than tenants residing in social housing.

Private Tenants Pay Highest Energy Bills

Private Tenants Pay Highest Energy Bills

 

Insulation

Homeowners are more likely to insulate and regulate heating equipment than private landlords, say RICS. The organisation suggests this is due to a lack of financial incentive for landlords in order for them to make improvements to their property.

Homes with an electric heater installed can be anywhere between £196-£898 a year more than those with gas central heating. This is the highest contributing factor to energy spending.

More to be done

Head of RICS’ UK Policy, Jeremy Blackburn, is strongly in favour of improving heating standards for private tenants. Blackburn says: “Those renting privately should expect the same standards in insulation and heating as home owners and those in social housing. More needs to be done to ensure private rental property is fit for purpose and energy efficient.

“It is important that the Green Deal effectively addresses this at a time when tenants across the country are struggling with high fuel bills and increasing rents.

“RICS welcomes the Green Deal as a new way of financing energy efficiency improvements, but it is vital that tenants understand exactly what measures are being taken, why, and what the impact any measures will have on their energy bills.

“A mandatory Home Condition Report before the installation of all Green Deal measures would be a low-cost way of providing the consumer with a clear understanding of this.”[1]

[1] http://old.lettingagenttoday.co.uk/news_features/Private-tenants-paying-the-highest-energy-bills