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Switching Business Energy Suppliers

A guide to switching business energy suppliers from Cost.ie

What information do I need to switch business energy suppliers?

Switching business energy suppliers with Cost.ie is quick and easy. All we would require from you is:

  • Copies of your most recent gas or electricity bill – or both if you are a dual fuel customer.
  • Your Meter Point Reference Number (MPRN) and/or Gas Point Reference Number (GPRN). You can usually find these numbers on the top right-hand corner of your bills.
  • A current gas and/or electricity meter reading – so your old supplier can provide you with a final bill and your new supplier can start from that point.

What happens after I sign my business energy contract?

When you are switching business energy suppliers and have signed our customer contract and direct debit instruction, we send your details to the MRSO/GPRO for registration. We will process your contract and providing all the details are correct and your application is successful, your account will be active within 4 weeks. Please note that LVMD and NQH account set up can take longer due to the requirement for a meter read from Networks.

Who reads my meter?

ESB Networks/Gas Networks Ireland read your meter every 3 to 4 months. They pass the information to your supplier for billing purposes. These are known as ‘actual reads’. Where your supplier does not receive a meter reading from ESB Networks/Gas Networks Ireland, they will estimate your bill. However, we would encourage our business energy customers to submit a meter reading every month to their supplier so that bills are as accurate as possible. Please note that LVMD customers require a meter reading directly from ESB Networks.

It is important that you an updated meter read for your account before switching business energy suppliers.

What do I do when I move premises?

When you are leaving an address, you must contact your business energy supplier and supply a final meter read, the name of the new tenant/landlord and a forwarding address. This will help ensure that you receive your final bill once you have vacated the premises.

What is a Letter of Authority (LOA)?

A Letter of Authority (LOA) is a legal document that allows customers to authorise someone to act on their behalf within agreed limits. They are often used to create an agreement between three or more parties.

As with all legal documents, it is important you read and understand before you sign.

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Switching Business Energy Suppliers

FAQ for Switching Business Energy Suppliers

Once you submit a quote one of our Account Managers will give you a call back within 15 minutes and can talk you through the next steps.

Simply take out a contract with a new energy supplier. The contract with your old supplier will be switched over. You are free to move energy supplier without an early exit fee if you are not under a term contract.

Here at Cost.ie we have gone completely paperless. Your nominated Account Manager will send you the forms to your email, which you can sign on your computer/tablet or phone.

Of Course! Just make sure you are outside the minimum term of your current contract, otherwise you will be liable for an early exit fee when you switch.