Home/Insights/Moving into new premises
Contracts and renewals

Moving into new business premises: how to set up your energy

When you take on a new unit, office or shop, the energy is usually already on. If nobody agrees a contract, you start on deemed rates from day one. Here is how to set it up properly.

PUBLISHED 6 NOVEMBER 2026 BY TOM WAUGH, FOUNDER & MANAGING DIRECTOR 5 MIN READ ENERGY PLANNER INSIGHTS

In one line

If you start using energy in new premises without agreeing a contract, you are placed on deemed rates, which are usually higher than a contract. Find out who the supplier is, give opening readings on the day you get the keys, and move to a contract as soon as you can.

Why the first few weeks matter

Ofgem says you will be placed onto a deemed contract when you move into new business premises and start using gas or electricity before agreeing a contract. The deemed contract is with whichever supplier is already registered to the meter.

Deemed rates are usually higher than the rates you would agree on a contract, and you pay them on every unit until something changes. It is easy to miss until the first bill arrives. Our guide to out of contract energy rates shows how quickly the difference adds up.

Before you get the keys

On the day you move in

If you do not know who the supplier is

Getting off deemed rates

You do not have to stay with the supplier that was there before you. On deemed rates there is no fixed term, so you can usually switch to a contract at any time. Your current supplier can object to a switch in some cases, for example if money is owed on the account, so it helps to have your account set up and up to date.

Moving in soon?

Send us the address, your move in date and any meter numbers you have. We will find out who supplies the building and get you prices, free and with no obligation.

Get prices for my new premises →

Water

In England, most businesses can choose their water retailer. When you move in, register with the retailer for the premises and take a meter reading there too. The rules are different in Wales and Scotland. Our guide to business water retailers explains more.

Your moving in checklist

  1. Get the supplier names and meter numbers from the landlord or agent.
  2. Check your lease for who supplies the energy.
  3. Check the supplies are on and, on larger sites, the agreed capacity.
  4. Photograph every meter on the day you get the keys.
  5. Register as the new occupier and give your opening readings.
  6. Get prices and move off deemed rates.
  7. Put your contract end date in the diary.

How we can help

Energy Planner is independent and not tied to any supplier. We can find out who supplies your new premises, compare quotes across a broad panel to move you off deemed rates, and look after the renewal when the time comes. Our fee is disclosed at quote stage. You can book a call or start with a free contract health check.

Common questions

Do I have to stay with the previous tenant’s supplier?

No. You start on that supplier’s deemed rates, but there is no fixed term, so you can usually move to a contract with any supplier at any time.

What is a deemed contract?

It is the arrangement that applies when you use energy at premises without agreeing a contract. Ofgem requires suppliers to take all reasonable steps to make sure deemed terms are not unduly onerous, but deemed rates are usually still higher than a contract.

How long can I stay on deemed rates?

There is no set limit, but you pay deemed rates for as long as you stay on them, so it is worth moving quickly.

Will I end up paying for the previous tenant’s energy?

Giving the supplier dated opening readings from the day you took over is the best way to make sure you only pay for what you use.

Can I get prices before I move in?

Usually, yes. Once you know the meter numbers and your move in date, you can start getting quotes, so you are ready to move off deemed rates as soon as you take over.

Sources: Ofgem, set up a business energy contract; Ofgem, guidance on deemed contracts; Ofgem, switch your business energy supplier; Energy UK, find your energy supplier; Find My Supplier. This article is general information as at November 2026, not advice on your specific circumstances. Rules and supplier terms change, and what applies depends on your premises, lease and meters, so it is worth confirming the detail with your supplier before making a decision.

Moving into new premises?

Send us the address, your move in date and any meter numbers you have, and we will get you prices to move off deemed rates, free and with no obligation.

MORE FROM THE INSIGHTS DESK

Keep reading