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Scottish Power Ups Prices For Almost a Million Customers

elizabethelden
23rd April 2018, 8:00 AM
  • Latest energy company to put prices up
  • A third of customers will have their bills rise
  • 960,000 will see bills rise
  • Can you beat the hike?
Scottish Power is the latest company to up gas and electricity prices. Image: Getty

Energy company Scottish Power has said that it will increase standard variable domestic gas and energy prices from the 1st June this year.

About a third of customers will be affected, and will see prices rise by 5.5%- adding £63 to a typical annual dual fuel bill.

Neil Clitheroe, Scottish Power retail chief executive, said, “Unfortunately, our standard variable prices are increasing.

“This reflects rising wholesale energy costs and compulsory non-energy costs.

“We will be contacting all customers affected by the price change to give them the opportunity to move to a fixed price tariff alternative and avoid this increase.”

The move comes after EDF Energy and British Gas both raised their prices earlier this month, and others are still expected to follow.

Victoria Arrington, from EnergyHelpline, said, “The energy price rise wave is full on at this point- the majority of the Big Sixe have now announced price rises happening within the coming weeks.

“This is the biggest price rise so far from a major supplier, a real whopper at 5.5% with 960,000 homes affected.”

Will you be affected?

If you are a Scottish Power customer on a standard variable dual fuel direct debit, then your bills will go up.

You will not be affected if you have a prepayment meter or are on a fixed tariff.

Can You Avoid It?

The best way to save money on bills is to switch to a different supplier or a cheaper plan.

You can knock hundreds off your bill a year, and get it at a fixed rate for summer too.

Last year a record number of people switched suppliers, and saved an average of £250.

This means that your prices won’t fluctuate for the next few months.

Comments
garygemmell
garygemmell1 year ago

Glad I got £7000 of free electricity for 5 years off them makes it a bit more pallateable!

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