While moving into private student accommodation is an exciting time for undergraduates, they will also need to understand about student energy bills to ensure they are not paying more than they need to.
Indeed, for many students this will be the first time that they have been responsible for paying their energy bills, also known as utilities, and they will need to budget effectively to ensure they have the money to do so.
This will also mean being prepared for cold winters when their heating needs will become more expensive to keep their home warm.
This is a conversation that the students looking to share a student property will probably have had when they began their search for a shared home since they will need to calculate how much their budget must be to pay for rent, utilities and other things including food and their student broadband.
Utility services are easy to arrange
The utility services are easy to arrange and the students will simply need to contact a supplier directly and have someone’s name placed on the bill.
Just a word of warning for those who do this: the person who is named on the bill is legally responsible for paying it so they must be confident that their fellow housemates will pay their bills when they fall due.
While this may not be a major issue currently, the non-payment of a utility bill may impact their future credit rating which means they may struggle to get a credit card, car loan or even a mortgage.
While the traditional method is for one student to put their name on a bill, it is becoming more popular for all students living in a property to put their name on a bill so the person who doesn’t pay is the one who is held legally liable for the debt.
Student broadband deals
In addition to the necessity of having energy supply to a property, student broadband deals will also highlight that this must have feature will vary in price and offerings.
Again, there are a couple of issues to bear in mind and that’s the length of time for the student broadband deal since many will offer a 12-month contract and yet the students will live in their property for 10 months; this means they will need to pay for two months of broadband that they are not using.
There’s no doubt that for many students this will be a confusing and worrying time since they will need to source energy suppliers and broadband deals that are cheap and reliable.
However, there is a simple solution for sourcing student energy bills and ensuring that they are paid on time and that is to use the services of Glide or have experience in sharing the bills between everyone living in a property and billing them individually for their utility and broadband needs. Contact them today for more help and information.