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Tenants pay dearly for gas and electricity

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  • Tenants pay dearly for gas and electricity

    Tenants are likely to be paying more for electricity and gas than homeowners because landlords show little interest in switching to the most competitive supplier.According to financial website, MoneyExpert.com, people in rented accommodation spend up to 13% of their weekly disposable income on gas and electricity, while homeowners are paying an average of 5% on [...]

    More: Tenants pay dearly for gas and electricity

  • #2
    Rising utility prices are a fact of life for everyone, not just tenants. Of course tenants are often more vulnerable to increases in essential services as, in many areas at least, they tend to be on lower incomes.

    What concerns me is that these stories will be used as more ammunition by the EPC lobby to justify the introduction of EPCs on rented property this year. The cost of which will inevitably add to the cost of renting - for tenants (and a few over financed landlords) already on the brink.

    Their introduction to the sales market has not as far as I can see done anything to improve "energy efficiency" (fewer than 1 in a hundred buyers ever ask to see one) - rather just create more carbon emmissions as inspectors drive around.....


    • #3
      It's also worth taking care from a tenant point of view, too. I remember when my partner was in student accomodation, she got pretty badly done by on the bills because of a cock up with British Gas.

      And welcome to the forums, Barry.


      • #4
        Thanks for the welcome! Nice to be here.


        • #5
          From personal experience, because my rent does not include electricity usage, the responsibility for setting up power supplier is down to myself. I switched from EON to British Gas recently based on the figures on a comparison website.