MY BUSINESS IS MOVING PREMISES!  WHAT DO I DO WITH OUR BUSINESS ELECTRICITY & GAS CONTRACT?

As a business operator, it is very common to move premises from one place to another. There are various reasons why businesses move from one premises to another. You may need a bigger office space to help with your business expansion or you may require smaller space to minimise costs or your lease has expired.

When moving your business or selling your business to another entity, the process can be difficult to manage. As you must organise the removal of your items to the new site and you must organise the disconnection and reconnection of your utilities.

Things can be more challenging if you still have your electricity and or gas account under contract with your electricity provider. As you may still be liable for some contractual obligation with them.

If you are moving premises or Selling your Business or Property there are a few things you have to do when it comes to your business electricity and gas account :

• Contact your current electricity and/or gas provider, they may be able to help you with competitive rates at the new premises unless it is in your contract to stay with the supplier at the new premises.

• If you are in a Contract you have to advise you supplier within 20 days of moving, this enables the electricity and gas supplier to get the last meter readings done and send it to you for payment.

• You will also have to notify the electricity provider of the business taking over the new premises Name, Contact details and the date they will be moving in. Some electricity and gas suppliers in Perth  also have a form that you have to fill in and return to them.

• If the premises are to be leased to someone else and in the agreement there is a clause where you can negotiate the new business to take over your contract you will still have to contact your supplier and they will determine if the contract can be assigned to the new business or not.

• If you have a minimum take clause on your contract and you are terminating your contract to move premises then there may be a Minimum usage fee for early termination.

• If you do not contact the Current Supplier you could be liable for the Energy Consumption that the New Tenants use.

• If you are selling your business or property all of the above applies and the sooner you advise the supplier the easier it is for yourself. The Contract will then be put in the New owners name and you are not liable for the future costs.

All of these things to do and if you would like Carbon Energy to assist your business in managing your business electricity and gas account, we are just a phone call away.

An Energy Consultant or Energy Broker such as Carbon Energy can help with all of this for you and advise who to call at any of the suppliers,unfortunately we cannot do the transfers of your energy account  as they are in your name but we can help and advise you to make the transition easier.