EDF Energy said that 46% of home movers are not choosing a fixed deal energy tariff when moving home, instead prioritising other admin tasks like getting online.
Staying connected is the number one priority for home movers, with almost three quarters (74%) setting up broadband within the first week of a move.
Energy comes lower down the priority list with almost half (45%) opting to inherit the previous occupier’s supplier.
As a result, home movers could be missing out on potential savings by delaying changing tariff.
Despite 70% of home movers contacting their suppliers to submit meter readings within the first week of a move, it takes on average 27 days to check and compare energy prices and 34 days to change tariff. In contrast, home movers will have redirected their post by day eight and have even located the stopcock within the first 13 days.
Richard Hughes, director of sales and marketing, EDF Energy, said: “Despite moving home being an obvious time to check your energy tariff, our research shows almost half of home movers are paying more by simply accepting that the supplier and tariff come with the house.”
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