February TORC Top Tip for Tenants: Utility Contracts

February TORC Top Tip for Tenants: Utility Contracts
Utility contracts are written agreements between customers and providers of public services such as electricity, gas, telecommunication etc. They are an important part of the household budgets and they can be documented in a physical copy or an online version.
The start of the year is a crucial time for the contracts to be looked at and it is easy to forget about them with the busy schedules and commitments every day. Whether it is a renewal, switching to a different provider, or checking rates, charges, usage, it is crucial to check the contracts regularly to make sure they are beneficial for the household current needs. Most importantly, make sure they are cost effective for your budget.