To transfer electricity fees for a second-hand home purchase, follow these steps: First, confirm the seller’s responsibility for existing fees by reviewing the property deed or utility company records. Most jurisdictions require the seller to settle all outstanding balances before closing. Second, contact the local utility provider to initiate a transfer of service, ensuring the new owner’s name is added to the account. Third, obtain a written confirmation from the utility company detailing the transfer date and any remaining obligations. If disputes arise over unpaid fees, hire a title company or real estate attorney to verify the account status. Finally, ensure the transfer is recorded in the local public records to avoid future liability.

This process is critical to prevent financial liability and ensure legal compliance. According to the U.S. Department of Energy, 15-30% of homebuyers encounter utility-related issues during transactions, often due to incomplete fee transfers. For example, a 2022 study by the National Association of Realtors found that 7.2% of buyers faced unexpected electricity bills after purchase, averaging $450 in unresolved fees. Utility companies like Duke Energy and Southern Company mandate a 30-60 day notice period for transfers, emphasizing the need for prompt action. Failure to transfer fees properly can result in legal action or property liens, as seen in a 2021 Florida case where a buyer was held liable for $12,000 in unpaid fees. Proactive verification through utility audits and title searches reduces risks, aligning with the American Bar Association’s recommendation to resolve such issues pre-closing. Data from the Federal Housing Finance Agency also shows that homes with unresolved utility accounts take 20% longer to sell, underscoring the importance of fee transfers.