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scottish power capping

lachick
lachick Posts: 5 Forumite
Hi,

I have been on the phone with scottish power today to try and cap for both gas and electricity and they said that this was possible subject to paying a £6,50 standing charge every month by direct debit for the privilege of capping. Does anyone know if this is correct.

Many thanks.

Comments

  • imho
    imho Posts: 2,515 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Have a look on their web site as it explains it all there ,

    http://www.theenergypeople.com/getHomePage.do?agentID=MSSE0

    You have to keep refreshing the page to get the web page up .
  • lachick
    lachick Posts: 5 Forumite
    Message to imho. It doesn't say on the website. Does anyone know if you have to pay the standing charge.
  • krisl
    krisl Posts: 16 Forumite
    i think there are 2 options when you sign up, one with a standing charge and one without. This is what i got when i signed up at about 6pm. its presented in the same way as any comparison site, and will recommend the one it thinks is best based on your data.
  • keith1950
    keith1950 Posts: 2,597 Forumite
    1,000 Posts Combo Breaker
    Hi lachick- the short answer is yes. It states "ScottishPower's Fixed Price Energy Plan prices are higher than our current monthly direct debit prices by an equivalent of £3 for gas and £3.50 for electricity per month'. This works out to a premium of "about" £78 for the year, which is a small price to pay if you are capped for a year.
  • Kimitatsu
    Kimitatsu Posts: 3,894 Forumite
    Yes I had this for capping too - we only have electricity (no gas here) soit was only £3.50 but it caps the price at the rate we have been paying until August 2009.

    For us it was a tiny amount compared to the 30% rises we were expecting at the time.
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